Novonix Reconciled Depreciation from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Reconciled Depreciation yearly trend continues to be fairly stable with very little volatility. Reconciled Depreciation will likely drop to about 2.9 M in 2024. During the period from 2010 to 2024, Novonix Reconciled Depreciation regression line of annual values had r-squared of  0.64 and arithmetic mean of  1,498,857. View All Fundamentals
 
Reconciled Depreciation  
First Reported
2010-12-31
Previous Quarter
4.7 M
Current Value
2.9 M
Quarterly Volatility
M
 
Credit Downgrade
 
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 M, Interest Expense of 3 M or Selling General Administrative of 16.1 M, as well as many indicators such as Price To Sales Ratio of 28.82, Dividend Yield of 0.0167 or PTB Ratio of 1.4. 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 Reconciled Depreciation Growth Pattern

Below is the plot of the Reconciled Depreciation of Novonix Ltd ADR over the last few years. It is Novonix's Reconciled Depreciation 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.
Reconciled Depreciation10 Years Trend
Slightly volatile
   Reconciled Depreciation   
       Timeline  

Novonix Reconciled Depreciation Regression Statistics

Arithmetic Mean1,498,857
Geometric Mean549,429
Coefficient Of Variation131.05
Mean Deviation1,583,908
Median154,251
Standard Deviation1,964,210
Sample Variance3.9T
Range5.7M
R-Value0.80
Mean Square Error1.5T
R-Squared0.64
Significance0.0003
Slope352,669
Total Sum of Squares54T

Novonix Reconciled Depreciation History

20242.9 M
20234.7 M
20225.8 M
20214.2 M
20201.7 M
20191.4 M
2018494.9 K

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Reconciled Depreciation, 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
Reconciled Depreciation4.7 M2.9 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.