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 debt-free asset ratio of Novonix Ltd ADR to measure how much of total assets are equity-financed.
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. Check total reinvestment intensity of Novonix Ltd ADR to assess the company's total reinvestment commitment from operating cash flow.
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 |
|---|---|
|
Nordfyns Bank A/S
CO:NRDF
|
0.003x |
|
Suheung Capsul
KO:008490
|
0.017x |
|
Ta-Yuan Cogeneration Co Ltd
TWO:8931
|
0.053x |
|
Berkeley Energia Ltd
AU:BKY
|
0.000x |
|
Mikro MSC Bhd
KLSE:0112
|
0.019x |
|
Humax Co. Ltd
KQ:115160
|
-0.018x |
|
FIGX Capital Acquisition Corp. Class A Ordinary Share
NASDAQ:FIGX
|
0.000x |
|
Aurora Cannabis Inc
TO:ACB
|
0.030x |
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 market cap of Novonix Ltd ADR.
| 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