Novonix Ltd Adr Stock Total Asset
| NVX Stock | USD 1.23 0.07 5.38% |
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.
| Last Reported | Projected for Next Year | ||
| Total Assets | 302.8 M | 318 M | |
| Intangibles To Total Assets | 0.05 | 0.05 |
Novonix | Total Asset |
Novonix Ltd ADR Company Total Asset Analysis
Novonix's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Novonix Total Asset | 263.34 M |
Most of Novonix's fundamental indicators, such as Total Asset, 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.
Novonix Total Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Novonix is extremely important. It helps to project a fair market value of Novonix Stock properly, considering its historical fundamentals such as Total Asset. Since Novonix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Novonix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Novonix's interrelated accounts and indicators.
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Novonix Total Asset Historical Pattern
Today, most investors in Novonix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Novonix's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Novonix total asset as a starting point in their analysis.
Novonix Total Asset |
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Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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Novonix Total Assets
Total Assets |
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Based on the latest financial disclosure, Novonix Ltd ADR has a Total Asset of 263.34 M. This is 93.42% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The total asset for all United States stocks is 99.11% higher than that of the company.
Novonix Total Asset 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 Total Asset 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 total asset category among its peers.
Novonix Current Valuation Drivers
We derive many important indicators used in calculating different scores of Novonix from analyzing Novonix's financial statements. These drivers represent accounts that assess Novonix's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Novonix's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 1.0B | 1.1B | 487.5M | 244.4M | 219.9M | 323.3M | |
| Enterprise Value | 914.4M | 958.5M | 444.9M | 197.1M | 177.4M | 298.8M |
Novonix Institutional Holders
Institutional Holdings refers to the ownership stake in Novonix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Novonix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Novonix's value.| Shares | Td Waterhouse Canada Inc | 2024-09-30 | 2 K | Royal Bank Of Canada | 2024-12-31 | 730 | Simplex Trading, Llc | 2024-09-30 | 673 | Tortoise Investment Management, Llc | 2024-12-31 | 250 | Dinuzzo Private Wealth Inc | 2024-12-31 | 250 | Rhumbline Advisers | 2024-12-31 | 102 | Principal Securities Inc | 2024-12-31 | 100.0 | Jane Street Group Llc | 2024-12-31 | 0.0 | Citadel Advisors Llc | 2024-09-30 | 0.0 | Millennium Management Llc | 2024-12-31 | 639.1 K | Ubs Group Ag | 2024-12-31 | 126.2 K |
Novonix Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.12 | ||||
| Operating Margin | (10.92) % | ||||
| Current Valuation | 237.07 M | ||||
| Shares Outstanding | 158.85 M | ||||
| Shares Owned By Institutions | 0.60 % | ||||
| Number Of Shares Shorted | 738.78 K | ||||
| Price To Earning | 5.23 X | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 30.44 X | ||||
| Revenue | 8.05 M | ||||
| Gross Profit | 5.82 M | ||||
| EBITDA | (38.86 M) | ||||
| Net Income | (46.25 M) | ||||
| Cash And Equivalents | 207.08 M | ||||
| Cash Per Share | 1.71 X | ||||
| Total Debt | 68.22 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 20.56 X | ||||
| Book Value Per Share | 0.32 X | ||||
| Cash Flow From Operations | (36.23 M) | ||||
| Short Ratio | 3.95 X | ||||
| Earnings Per Share | (0.26) X | ||||
| Target Price | 3.3 | ||||
| Beta | 1.44 | ||||
| Market Capitalization | 209.25 M | ||||
| Total Asset | 263.34 M | ||||
| Retained Earnings | (271.21 M) | ||||
| Working Capital | 81.31 M | ||||
| Net Asset | 263.34 M |
About Novonix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novonix Ltd ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novonix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novonix Ltd ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.