Novonix Ltd Asset Resilience Ratio
Novonix Ltd asset resilience ratio. Novonix Ltd (NVX) has an Asset Resilience Ratio of 0.00% as of March 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. See Novonix Ltd (NVX) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Novonix Ltd (2017–2024)
Asset resilience ratio of Novonix Ltd from 2017 to 2024. This chart shows how Novonix Ltd's Asset Resilience Ratio has changed over time. Read Novonix Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see NVX current and non-current assets.
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 |
|---|---|---|
|
Hangzhou Cable
SHG:603618 |
Electrical Equipment & Parts | 0.02% |
|
Dongguan Dingtong Precision Metal Co. Ltd. A
SHG:688668 |
Electrical Equipment & Parts | 2.02% |
|
Ningbo Ronbay New Energy Tech Ltd
SHG:688005 |
Electrical Equipment & Parts | 5.63% |
|
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291 |
Electrical Equipment & Parts | 1.15% |
|
Changshu Tianyin Electromechan
SHE:300342 |
Electrical Equipment & Parts | 2.86% |
|
Roshow Technology Co Ltd
SHE:002617 |
Electrical Equipment & Parts | 0.97% |
|
Wuxi Dk Electronic Materials Co Ltd
SHE:300842 |
Electrical Equipment & Parts | 0.02% |
|
Hangzhou Star Shuaier Electric Appliance Co Ltd
SHE:002860 |
Electrical Equipment & Parts | 12.05% |
Novonix Ltd Asset Resilience Ratio by Year (2017–2024)
Novonix Ltd asset resilience ratio by year from 2017 to 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 |
0.00pp |
| 2023-12-31 | 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 |
0.00pp |
| 2021-12-31 | 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 |
0.00pp |
| 2017-12-31 | 8.34% | AU$3.09 Million ≈ $2.19 Million |
AU$37.05 Million ≈ $26.22 Million |
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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