Novonix Cash And Short Term Investments from 2010 to 2024

NVX Stock  USD 2.69  0.76  39.38%   
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 45.8 M in 2024. 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
79.5 M
Current Value
48.9 M
Quarterly Volatility
55.7 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 M, Interest Expense of 3 M or Selling General Administrative of 47.1 M, as well as many indicators such as Price To Sales Ratio of 28.8, Dividend Yield of 0.0167 or PTB Ratio of 2.05. 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 Mean31,111,890
Geometric Mean6,464,131
Coefficient Of Variation134.94
Mean Deviation35,955,712
Median2,178,489
Standard Deviation41,982,974
Sample Variance1762.6T
Range102.4M
R-Value0.77
Mean Square Error785.8T
R-Squared0.59
Significance0.0009
Slope7,186,492
Total Sum of Squares24676T

Novonix Cash And Short Term Investments History

202445.8 M
202378.7 M
202199 M
2020102.7 M
201926.7 M
20184.2 M
2017291.1 K

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 Investments78.7 M45.8 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.