Novonix Ltd ADR - Asset Resilience Ratio
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. See Novonix Ltd ADR short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how Novonix Ltd ADR's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Novonix Ltd ADR assets under control.
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. Explore Novonix Ltd ADR (NVX) investment intensity to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220 |
Electrical Equipment & Parts | 0.00% |
|
Xiamen Kehua Hengsheng
SHE:002335 |
Electrical Equipment & Parts | 16.18% |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763 |
Electrical Equipment & Parts | 1.26% |
|
Dongguan Aohai Technology Co
SHE:002993 |
Electrical Equipment & Parts | 14.61% |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346 |
Electrical Equipment & Parts | 1.00% |
|
Hiwin Mikrosystem Corp
TW:4576 |
Electrical Equipment & Parts | 4.20% |
|
Xinya Electronic Co Ltd
SHG:605277 |
Electrical Equipment & Parts | 0.24% |
|
Dynamic Cables Limited
NSE:DYCL |
Electrical Equipment & Parts | 4.49% |
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 | -- |
About Novonix Ltd ADR
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