Novonix Ltd (NVX) — Cash Flow-to-Debt Ratio
Latest as of December 2025:
-0.16x
Novonix Ltd (NVX) has a Cash Flow-to-Debt Ratio of -0.16x as of December 2025, meaning its operating cash flow of AU$-19.56 Million could theoretically repay 0% of its total liabilities (AU$125.86 Million) in one year. See how financially flexible is Novonix Ltd to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
-0.16x
Operating CF / Total Liabilities
Operating Cash Flow
AU$-19.56 Million
AUD
Total Liabilities
AU$125.86 Million
AUD
Data as of
Dec 2025
Most recent filing
Novonix Ltd Cash Flow-to-Debt Ratio (2014–2025)
Historical debt coverage capacity for Novonix Ltd across 23 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Novonix Ltd.
Annual Cash Flow-to-Debt Ratio for Novonix Ltd (2014–2025)
Year-by-year debt coverage analysis for Novonix Ltd.
| Year | CF-to-Debt Ratio | Operating CF (AUD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.35x | AU$-43.67 Million | AU$125.86 Million | ▲ +24.0% |
| 2025 | -0.46x | AU$-40.42 Million | AU$88.51 Million | ▲ +0.0% |
| 2024 | -0.46x | AU$-40.42 Million | AU$88.51 Million | ▼ -5.6% |
| 2024 | -0.43x | AU$-36.23 Million | AU$83.74 Million | ▲ +5.2% |
| 2023 | -0.46x | AU$-36.23 Million | AU$79.41 Million | ▼ -81.8% |
| 2023 | -0.25x | AU$-12.89 Million | AU$51.37 Million | ▲ +0.0% |
| 2022 | -0.25x | AU$-12.89 Million | AU$51.37 Million | ▲ +55.5% |
| 2022 | -0.56x | AU$-29.23 Million | AU$51.85 Million | ▲ +0.0% |
| 2021 | -0.56x | AU$-29.23 Million | AU$51.85 Million | ▼ -128.6% |
| 2021 | -0.25x | AU$-6.09 Million | AU$24.68 Million | ▲ +0.0% |
| 2020 | -0.25x | AU$-6.09 Million | AU$24.68 Million | ▲ +1.7% |
| 2020 | -0.25x | AU$-3.75 Million | AU$14.94 Million | ▲ +0.0% |
| 2019 | -0.25x | AU$-3.75 Million | AU$14.94 Million | ▼ -117.8% |
| 2019 | -0.12x | AU$-2.81 Million | AU$24.38 Million | ▲ +29.8% |
| 2018 | -0.16x | AU$-4.00 Million | AU$24.38 Million | ▲ +55.0% |
| 2018 | -0.36x | AU$-2.87 Million | AU$7.87 Million | ▲ +26.0% |
| 2017 | -0.49x | AU$-3.88 Million | AU$7.87 Million | ▼ -1022.9% |
| 2017 | -0.04x | AU$-749.64K | AU$17.08 Million | ▲ +23.1% |
| 2016 | -0.06x | AU$-975.35K | AU$17.08 Million | ▲ +97.4% |
| 2016 | -2.20x | AU$-467.27K | AU$211.93K | ▲ +25.5% |
| 2015 | -2.96x | AU$-627.24K | AU$211.93K | ▼ -124450.9% |
| 2015 | 0.00x | AU$-264.00 | AU$111.10K | ▼ -0.4% |
| 2014 | 0.00x | AU$-263.00 | AU$111.10K | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.