Novonix Limited
Novonix Limited operates in various business sectors.
Novonix Limited (GC3) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.042x
Based on the latest financial reports, Novonix Limited (GC3) has a cash flow conversion efficiency ratio of -0.042x as of June 2023.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-8.51 Million) by net assets (€201.96 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Novonix Limited - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Novonix Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Novonix Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Novonix Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thanh Thai Group JSC
VN:KKC
|
N/A |
|
Wuhan General Gr Chn
PINK:WUHN
|
-0.027x |
|
199290
KO:199290
|
N/A |
|
International Steels Ltd
KAR:ISL
|
-0.010x |
|
Develop North PLC
LSE:DVNO
|
0.023x |
|
DOLPHIN CAP INVEST
BE:D5S
|
N/A |
|
Wishbone Gold Plc
LSE:WSBN
|
-0.187x |
|
UCAS3F
SA:UCAS3F
|
N/A |
Annual Cash Flow Conversion Efficiency for Novonix Limited (2020–2024)
The table below shows the annual cash flow conversion efficiency of Novonix Limited from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | €183.94 Million | €-36.23 Million | -0.197x | -69.23% |
| 2022-06-30 | €251.13 Million | €-29.23 Million | -0.116x | -164.72% |
| 2021-06-30 | €138.45 Million | €-6.09 Million | -0.044x | +47.78% |
| 2020-06-30 | €44.53 Million | €-3.75 Million | -0.084x | -- |