Novonix Ltd Adr Stock Retained Earnings
Novonix Ltd ADR fundamentals help investors to digest information that contributes to Novonix's financial success or failures. It also enables traders to predict the movement of Novonix Stock. The fundamental analysis module provides a way to measure Novonix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Novonix stock.
Novonix |
Novonix Ltd ADR Company Retained Earnings Analysis
Novonix's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Novonix Retained Earnings | (259.67 M) |
Most of Novonix's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Novonix Ltd ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
CompetitionBased on the latest financial disclosure, Novonix Ltd ADR has a Retained Earnings of (259.67 Million). This is 102.51% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The retained earnings for all United States stocks is 102.78% higher than that of the company.
Novonix Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novonix's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Novonix could also be used in its relative valuation, which is a method of valuing Novonix by comparing valuation metrics of similar companies.Novonix is currently under evaluation in retained earnings category among its peers.
Novonix Fundamentals
| Return On Equity | -0.47 | ||||
| Return On Asset | -0.14 | ||||
| Operating Margin | (7.86) % | ||||
| Current Valuation | 223.08 M | ||||
| Shares Outstanding | 159.01 M | ||||
| Shares Owned By Institutions | 0.60 % | ||||
| Number Of Shares Shorted | 503.66 K | ||||
| Price To Earning | 5.23 X | ||||
| Price To Book | 1.35 X | ||||
| Price To Sales | 33.31 X | ||||
| Revenue | 5.85 M | ||||
| Gross Profit | 4.08 M | ||||
| EBITDA | (66.61 M) | ||||
| Net Income | (74.82 M) | ||||
| Cash And Equivalents | 207.08 M | ||||
| Cash Per Share | 1.71 X | ||||
| Total Debt | 70.42 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 20.56 X | ||||
| Book Value Per Share | 0.24 X | ||||
| Cash Flow From Operations | (40.42 M) | ||||
| Short Ratio | 2.09 X | ||||
| Earnings Per Share | (0.60) X | ||||
| Target Price | 3.3 | ||||
| Number Of Employees | 12 | ||||
| Beta | 1.31 | ||||
| Market Capitalization | 195.02 M | ||||
| Total Asset | 226.1 M | ||||
| Retained Earnings | (259.67 M) | ||||
| Working Capital | 11.06 M | ||||
| Net Asset | 226.1 M |
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Other Tools for Novonix Stock
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.
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