Novonix Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.00%

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

AU$-6.43K
≈ $-4.55K USD Cash + Short-term Investments

Total Assets

AU$240.74 Million
≈ $170.34 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Novonix Ltd

AU:NVX Australia Electrical Equipment & Parts
Market Cap
$158.19 Million
AU$223.57 Million AUD
Market Cap Rank
#17423 Global
#513 in Australia
Share Price
AU$0.26
Change (1 day)
-3.70%
52-Week Range
AU$0.25 - AU$1.02
All Time High
AU$12.15
About

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