Novonix Ltd ADR Cash Flow Conversion Efficiency
Novonix Ltd ADR 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.
Cash Flow Conversion Efficiency of Novonix Ltd ADR (2014–2024)
Cash flow conversion efficiency of Novonix Ltd ADR from 2014 to 2024. This chart illustrates how Novonix Ltd ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Novonix Ltd ADR for real-time trading data and today's change.
Novonix Ltd ADR Cash Flow Conversion Ratio Explained
Novonix Ltd ADR cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see NVX stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GalaxyEdge Acquisition Corporation
NYSE:GLED
|
-0.303x |
|
Nordfyns Bank A/S
CO:NRDF
|
0.003x |
|
Sahamitr Pressure Container Public Company Limited
BK:SMPC
|
0.019x |
|
Limes Schlosskliniken AG
XETRA:LIK
|
0.205x |
|
Bioversys AG
SW:BIOV
|
N/A |
|
Future Money Acquisition Corporation
NASDAQ:FMAC
|
-0.001x |
|
Li Peng Enterprise Co Ltd
TW:1447
|
0.034x |
|
LaFayette Acquisition Corp. Ordinary Share
NASDAQ:LAFA
|
-0.002x |
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. Review how much free cash does Novonix Ltd ADR generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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