Novonix Net Working Capital from 2010 to 2024

NVX Stock  USD 2.05  0.13  6.77%   
Novonix Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, Novonix Net Working Capital regression line of annual values had r-squared of  0.01 and arithmetic mean of  99,637,710. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
81.3 M
Current Value
102.6 M
Quarterly Volatility
56 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 47.1 M, as well as many indicators such as Price To Sales Ratio of 32.07, Dividend Yield of 0.0 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Novonix Ltd ADR over the last few years. It is Novonix's Net Working Capital 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.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Novonix Net Working Capital Regression Statistics

Arithmetic Mean99,637,710
Geometric Mean59,164,320
Coefficient Of Variation56.25
Mean Deviation36,965,268
Median107,683,066
Standard Deviation56,041,934
Sample Variance3140.7T
Range223M
R-Value0.12
Mean Square Error3333.8T
R-Squared0.01
Significance0.67
Slope1,500,272
Total Sum of Squares43969.8T

Novonix Net Working Capital History

2024102.6 M
202381.3 M
2022223.9 M
2021154.3 M
2020138.7 M
201937.4 M
20181.7 M

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Net Working Capital, 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
Net Working Capital81.3 M102.6 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.