Novonix Cash And Short Term Investments from 2010 to 2025

NVX Stock  USD 1.78  0.06  3.49%   
Novonix Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments will likely drop to about 56.7 M in 2025. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2014-12-31
Previous Quarter
53.6 M
Current Value
47.1 M
Quarterly Volatility
54.4 M
 
Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.7 M, Interest Expense of 3.4 M or Selling General Administrative of 36.9 M, as well as many indicators such as Price To Sales Ratio of 22.0, Dividend Yield of 0.0167 or PTB Ratio of 1.26. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Novonix Ltd ADR over the last few years. Short Term Investments is an account in the current assets section of Novonix Ltd ADR balance sheet. This account contains Novonix investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Novonix Ltd ADR fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Novonix's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Novonix Cash And Short Term Investments Regression Statistics

Arithmetic Mean38,785,780
Geometric Mean7,900,911
Coefficient Of Variation131.08
Mean Deviation43,300,843
Median4,240,317
Standard Deviation50,839,556
Sample Variance2584.7T
Range142.4M
R-Value0.72
Mean Square Error1328T
R-Squared0.52
Significance0
Slope7,703,592
Total Sum of Squares38769.9T

Novonix Cash And Short Term Investments History

202556.7 M
202490.4 M
202378.6 M
202273.9 M
2021142.7 M
2020136.7 M
201926.7 M

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments90.4 M56.7 M

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Additional Tools for Novonix Stock Analysis

When running Novonix's price analysis, check to measure Novonix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.