Novonix Ltd ADR - Asset Resilience Ratio

Latest as of June 2024: 0.00%

Novonix Ltd ADR (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. Check Novonix Ltd ADR (NVX) strategic investment index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

$-6.43K

Cash + Short-term Investments

Total Assets

$240.74 Million

All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Novonix Ltd ADR's Asset Resilience Ratio has changed over time. See how leveraged is Novonix Ltd ADR's balance sheet to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Novonix Ltd ADR'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	$0.00	0%
Short-term Investments	$-6.43K	-0.0%
Total Liquid Assets	$-6.43K	0.00%

Asset Resilience Insights

Limited Liquidity: Novonix Ltd ADR 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 ADR Industry Peers by Asset Resilience Ratio

Compare Novonix Ltd ADR's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Ningbo Ginlong Technologies Co Ltd Class A SHE:300763	Electrical Equipment & Parts	1.26%
Xiamen Kehua Hengsheng SHE:002335	Electrical Equipment & Parts	10.39%
Shandong Sacred Sun Power Sources Co Ltd SHE:002580	Electrical Equipment & Parts	0.00%
Roshow Technology Co Ltd SHE:002617	Electrical Equipment & Parts	0.97%
Xi'an Sinofuse Electric Co. Ltd. SHE:301031	Electrical Equipment & Parts	1.41%
Acrel Co LTD SHE:300286	Electrical Equipment & Parts	42.66%
Zhejiang Tony Electronic Co Ltd SHG:603595	Electrical Equipment & Parts	0.90%
R&S GROUP HOLDING AG SW:RSGN	Electrical Equipment & Parts	20.67%

Annual Asset Resilience Ratio for Novonix Ltd ADR (2023–2023)

The table below shows the annual Asset Resilience Ratio data for Novonix Ltd ADR.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.27%	$702.87K	$263.34 Million	--

pp = percentage points

About Novonix Ltd ADR

NASDAQ:NVX USA Electrical Equipment & Parts

Market Cap

$159.30 Million

Market Cap Rank

#17525 Global

#4075 in USA

Share Price

$0.74

Change (1 day)

-6.19%

52-Week Range

$0.65 - $2.94

All Time High

$22.25