Novonix Historical Balance Sheet
NVX Stock | USD 1.93 0.01 0.52% |
Trend analysis of Novonix Ltd ADR balance sheet accounts such as Total Stockholder Equity of 112.5 M provides information on Novonix's total assets, liabilities, and equity, which is the actual value of Novonix Ltd ADR to its prevalent stockholders. By breaking down trends over time using Novonix balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Novonix Ltd ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Novonix Ltd ADR is a good buy for the upcoming year.
Novonix Inventory |
|
Novonix |
About Novonix Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Novonix Ltd ADR at a specified time, usually calculated after every quarter, six months, or one year. Novonix Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Novonix and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Novonix currently owns. An asset can also be divided into two categories, current and non-current.
Novonix Balance Sheet Chart
Add Fundamental
Total Assets
Total assets refers to the total amount of Novonix assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Novonix Ltd ADR books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Novonix balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Novonix Ltd ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most accounts from Novonix's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Novonix Ltd ADR current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novonix Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. At this time, Novonix's Short and Long Term Debt Total is fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 1.3 M in 2024, whereas Total Assets are likely to drop slightly above 140.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 251.1M | 226.1M | 183.9M | 112.5M | Total Current Liabilities | 7.9M | 8.5M | 7.8M | 5.5M |
Novonix balance sheet Correlations
Click cells to compare fundamentals
Novonix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Novonix balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 51.7M | 152.4M | 303.0M | 277.4M | 263.3M | 140.5M | |
Other Current Liab | 656.4K | 2.2M | 3.9K | 3.8M | 5.6M | 5.9M | |
Total Current Liabilities | 2.8M | 4.0M | 7.9M | 8.5M | 7.8M | 5.5M | |
Total Stockholder Equity | 45.7M | 138.5M | 251.1M | 226.1M | 183.9M | 112.5M | |
Property Plant And Equipment Net | 10.6M | 31.6M | 111.6M | 132.4M | 144.3M | 151.5M | |
Net Debt | 7.8M | (23.1M) | (92.3M) | (57.7M) | (9.3M) | (9.8M) | |
Retained Earnings | (43.9M) | (61.6M) | (110.7M) | (138.6M) | (184.8M) | (175.6M) | |
Accounts Payable | 582.5K | 1.4M | 2.7M | 4.1M | 1.3M | 1.6M | |
Cash | 26.7M | 102.7M | 142.7M | 99.0M | 78.7M | 55.9M | |
Non Current Assets Total | 23.3M | 44.2M | 140.8M | 161.3M | 174.2M | 182.9M | |
Cash And Short Term Investments | 4.2M | 26.7M | 102.7M | 99.0M | 78.7M | 45.8M | |
Net Receivables | 843.6K | 1.6M | 2.1M | 2.8M | 3.6M | 3.7M | |
Liabilities And Stockholders Equity | 24.5M | 51.7M | 152.4M | 277.4M | 263.3M | 276.5M | |
Total Liab | 6.0M | 13.9M | 51.8M | 51.4M | 79.4M | 83.4M | |
Total Current Assets | 28.4M | 108.2M | 162.2M | 116.1M | 89.2M | 63.3M | |
Accumulated Other Comprehensive Income | 15.0M | 21.0M | 24.9M | 26.5M | 30.4M | 17.2M | |
Common Stock | 26.7M | 68.6M | 175.2M | 338.1M | 338.4M | 355.3M | |
Common Stock Shares Outstanding | 34.0M | 91.6M | 486.0M | 464.4M | 121.9M | 197.4M | |
Non Current Liabilities Total | 3.2M | 9.8M | 44.0M | 42.9M | 71.6M | 75.1M | |
Short Long Term Debt Total | 1.3M | 12.0M | 3.5M | 10.4M | 68.2M | 71.6M | |
Non Currrent Assets Other | 6.0K | 16.9K | 117.6K | 168.7K | 1.3M | 1.3M | |
Good Will | 3.3M | 11.9M | 12.0M | 12.0M | 13.8M | 11.1M | |
Inventory | 782.3K | 939.3K | 2.1M | 1.9M | 2.0M | 1.8M | |
Short Term Debt | 2.9M | 285.9K | 433.2K | 467.5K | 520.3K | 494.3K | |
Intangible Assets | 837.6K | 656.6K | 474.2K | 389.8K | 15.3K | 14.5K | |
Net Tangible Assets | (2.5M) | 48.2M | 167.8M | 346.4M | 398.4M | 418.3M | |
Long Term Debt | 1.9M | 6.0M | 35.9M | 52.2M | 63.2M | 66.4M | |
Net Invested Capital | 68.7M | 190.7M | 287.2M | 416.7M | 247.3M | 211.5M | |
Short Long Term Debt | 274.9K | 277.1K | 120.0K | 174.1K | 174.4K | 165.7K | |
Net Working Capital | 37.4M | 138.7M | 154.3M | 223.9M | 81.3M | 102.6M | |
Property Plant Equipment | 8.8M | 15.5M | 42.1M | 161.8M | 186.1M | 195.4M | |
Capital Stock | 99.9M | 233.2M | 338.0M | 458.7M | 338.4M | 289.8M | |
Capital Lease Obligations | 2.9M | 7.5M | 5.3M | 7.8M | 4.8M | 6.2M | |
Property Plant And Equipment Gross | 11.6M | 33.3M | 111.6M | 116.5M | 155.7M | 104.2M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.