Novonix Ltd Adr Stock Today

NVX Stock  USD 1.30  0.02  1.52%   

Performance

Very Weak

 
Weak
 
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Odds Of Distress

Below Average

 
High
 
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Novonix is trading at 1.30 as of the 26th of February 2025; that is 1.52% down since the beginning of the trading day. The stock's open price was 1.32. Novonix has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
Business Domain
Capital Goods
IPO Date
2nd of February 2022
Category
Industrials
Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. Novonix Limited was incorporated in 2012 and is based in Brisbane, Australia. Novonix is traded on NASDAQ Exchange in the United States. The company has 158.85 M outstanding shares of which 738.78 K shares are now shorted by investors with about 3.95 days to cover. More on Novonix Ltd ADR

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Novonix Stock Highlights

President MaterialsDanny Deas
Thematic IdeaElectrical Equipment (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Electrical Equipment & Parts, Industrials, ASX Small Ordinaries, SPASX All Technology, Australia All Ordinaries, SPASX 200 Accumulated, NASDAQ Composite, SPASX 300, Electrical Equipment, Industrials, Machinery, Electrical Equipment & Parts, Industrials (View all Sectors)
Average Analyst Recommendation
Debt Levels
Novonix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Novonix's financial leverage. It provides some insight into what part of Novonix's total assets is financed by creditors.
Liquidity
Novonix Ltd ADR has 68.22 M in debt with debt to equity (D/E) ratio of 0.17, which may show that the company is not taking advantage of profits from borrowing. Novonix Ltd ADR has a current ratio of 20.15, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Novonix to invest in growth at high rates of return.

Total Cash From Financing Activities

32.02 Million
Novonix Ltd ADR (NVX) is traded on NASDAQ Exchange in USA. It is located in 46 Edward Street, Brisbane, QLD, Australia, 4000 and employs 11 people. Novonix is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 209.25 M. Novonix Ltd ADR runs under Machinery sector within Industrials industry. The entity has 158.85 M outstanding shares of which 738.78 K shares are now shorted by investors with about 3.95 days to cover. Novonix Ltd ADR has about 207.08 M in cash with (36.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Novonix Probability Of Bankruptcy
Ownership Allocation
Novonix Ltd ADR maintains a total of 158.85 Million outstanding shares. Roughly 99.4 % of Novonix outstanding shares are held by general public with 0.6 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Novonix Ownership Details

Novonix Stock Institutional Holders

InstituionRecorded OnShares
Td Waterhouse Canada Inc2024-09-30
K
Royal Bank Of Canada2024-12-31
730
Simplex Trading, Llc2024-09-30
673
Tortoise Investment Management, Llc2024-12-31
250
Dinuzzo Private Wealth Inc2024-12-31
250
Rhumbline Advisers2024-12-31
102
Principal Securities Inc2024-12-31
100.0
Jane Street Group Llc2024-12-31
0.0
Citadel Advisors Llc2024-09-30
0.0
Millennium Management Llc2024-12-31
639.1 K
Ubs Group Ag2024-12-31
126.2 K
View Novonix Diagnostics

Novonix Historical Income Statement

At this time, Novonix's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 3.4 M in 2025, despite the fact that Operating Income is likely to grow to (38.9 M). View More Fundamentals

Novonix Stock Against Markets

Novonix Corporate Management

BBus CAFinancial SecProfile
Darcy MacdougaldPres SolutionsProfile
Nicholas LiverisChief OfficerProfile
Rashda ButtarChief OfficerProfile
J YorkSr DevelProfile
Robert LongChief OfficerProfile

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.