Novonix Ltd - Asset Resilience Ratio
Novonix Ltd (NVX) has an Asset Resilience Ratio of 0.00% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read NVX total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2024)
This chart shows how Novonix Ltd's Asset Resilience Ratio has changed over time. See NVX net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Novonix Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see NVX market cap overview.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 0% |
| Short-term Investments | AU$-6.43K | -0.0% |
| Total Liquid Assets | AU$-6.43K | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Novonix Ltd maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Novonix Ltd Industry Peers by Asset Resilience Ratio
Compare Novonix Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220 |
Electrical Equipment & Parts | 0.00% |
|
Huagong Tech Co Ltd
SHE:000988 |
Electrical Equipment & Parts | 0.64% |
|
Ecopro BM. Co. Ltd
KQ:247540 |
Electrical Equipment & Parts | 0.34% |
|
Hunan Changyuan Lico Co Ltd
SHG:688779 |
Electrical Equipment & Parts | 9.38% |
|
WindSun Science & Technology Co. Ltd. A
SHG:688663 |
Electrical Equipment & Parts | 1.28% |
|
HEG Limited
NSE:HEG |
Electrical Equipment & Parts | 16.10% |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346 |
Electrical Equipment & Parts | 1.00% |
|
Amtran Technology Co Ltd
TW:2489 |
Electrical Equipment & Parts | 15.58% |
Annual Asset Resilience Ratio for Novonix Ltd (2018–2024)
The table below shows the annual Asset Resilience Ratio data for Novonix Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-06-30 | 0.27% | AU$702.87K ≈ $497.32K |
AU$263.34 Million ≈ $186.33 Million |
-2.22pp |
| 2022-06-30 | 2.49% | AU$7.55 Million ≈ $5.34 Million |
AU$302.98 Million ≈ $214.38 Million |
-5.85pp |
| 2018-06-30 | 8.34% | AU$3.09 Million ≈ $2.19 Million |
AU$37.05 Million ≈ $26.22 Million |
-- |
About Novonix Ltd
NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out resea… Read more