Novonix Ltd ADR (NVX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Novonix Ltd ADR (NVX) has a cash flow conversion efficiency ratio of -0.160x as of June 2025. 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 ($-22.27 Million) by net assets ($139.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NVX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Novonix Ltd ADR - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Novonix Ltd ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Novonix Ltd ADR Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Novonix Ltd ADR ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
QuasarEdge Acquisition Corporation
NYSE:QRED
|
N/A |
|
Nordfyns Bank A/S
CO:NRDF
|
0.003x |
|
Chaman Lal Setia Exports Limited
NSE:CLSEL
|
0.005x |
|
Korro Bio, Inc.
NASDAQ:KRRO
|
-0.134x |
|
Well Shin Technology Co Ltd
TW:3501
|
0.003x |
|
Yungjin Pharm Co Ltd
KO:003520
|
0.078x |
|
SPML Infra Limited
NSE:SPMLINFRA
|
-0.023x |
|
Ilshin Spinnin
KO:003200
|
0.005x |
Annual Cash Flow Conversion Efficiency for Novonix Ltd ADR (2014–2024)
The table below shows the annual cash flow conversion efficiency of Novonix Ltd ADR from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see NVX stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $137.59 Million | $-40.42 Million | -0.294x | -45.63% |
| 2023-12-31 | $179.60 Million | $-36.23 Million | -0.202x | -56.00% |
| 2023-06-30 | $226.06 Million | $-29.23 Million | -0.129x | -218.82% |
| 2022-12-31 | $151.39 Million | $-6.14 Million | -0.041x | +65.15% |
| 2021-12-31 | $251.13 Million | $-29.23 Million | -0.116x | -213.99% |
| 2020-12-31 | $178.18 Million | $18.19 Million | 0.102x | -3.84% |
| 2019-12-31 | $60.31 Million | $6.40 Million | 0.106x | +139.87% |
| 2018-12-31 | $10.54 Million | $-2.81 Million | -0.266x | -170.83% |
| 2017-12-31 | $29.18 Million | $-2.87 Million | -0.098x | -141.58% |
| 2016-12-31 | $18.41 Million | $-749.64K | -0.041x | +76.37% |
| 2015-12-31 | $2.71 Million | $-467.27K | -0.172x | -356.28% |
| 2014-12-31 | $-3.93K | $-264.00 | 0.067x | -- |
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