Novonix Net Tangible Assets from 2010 to 2025

NVX Stock  USD 1.27  0.05  3.79%   
Novonix Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2025. Net Tangible Assets is the total assets of Novonix Ltd ADR minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
398.4 M
Current Value
418.3 M
Quarterly Volatility
121.7 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 4.8 M, Interest Expense of 3.7 M or Selling General Administrative of 51.5 M, as well as many indicators such as Price To Sales Ratio of 35.32, Dividend Yield of 0.0167 or PTB Ratio of 1.66. 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 Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Novonix Ltd ADR over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Novonix's Net Tangible Assets 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 Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Novonix Net Tangible Assets Regression Statistics

Arithmetic Mean216,288,588
Coefficient Of Variation56.29
Mean Deviation80,537,880
Median213,882,559
Standard Deviation121,741,752
Sample Variance14821.1T
Range420.7M
R-Value0.42
Mean Square Error13036.1T
R-Squared0.18
Significance0.10
Slope10,820,863
Total Sum of Squares222315.8T

Novonix Net Tangible Assets History

2025418.3 M
2024398.4 M
2022346.4 M
2020167.8 M
201948.2 M
2018-2.5 M
201726.6 M

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Net Tangible Assets, 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 Tangible Assets398.4 M418.3 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.