Novonix Ltd ADR (NVX) — Capital Reinvestment Ratio
Novonix Ltd ADR (NVX) has a Capital Reinvestment Ratio of 11.87x as of March 2015, meaning it reinvests 12% of its operating cash flow ($2.48K) in capital expenditures ($29.39K). Check Novonix Ltd ADR tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Novonix Ltd ADR Capital Reinvestment Ratio (2019–2020)
This chart tracks Novonix Ltd ADR's Capital Reinvestment Ratio across 2 annual periods. For the full cash flow conversion analysis, see NVX operating cash flow.
Annual Capital Reinvestment Ratio for Novonix Ltd ADR (2019–2020)
Year-by-year Capital Reinvestment Ratio for Novonix Ltd ADR from 2019 to 2020. See NVX free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2020 | 1.08x | $18.19 Million | $19.66 Million | ▲ +88.6% |
| 2019 | 0.57x | $6.40 Million | $3.67 Million | — |