Novonix Ltd (NVX) — Defensive Interval Ratio

Latest as of December 2025: 9 days

Novonix Ltd (NVX) has a Defensive Interval Ratio of 9 days as of December 2025. Defensive assets of AU$2.12 Million (cash AU$-, short-term investments AU$-, receivables AU$2.12 Million) cover 9 days of daily cash needs of AU$229.08K/day. Check NVX tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

9 days
Days of operational coverage

Defensive Assets

AU$2.12 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$229.08K
Current Liabilities ÷ 365

Current Liabilities

AU$83.62 Million
AUD

Novonix Ltd Defensive Interval Ratio (2015–2025)

This chart shows how Novonix Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 9 days, meaning defensive assets of AU$2.12 Million can fund 9 days of operations without new revenue. Also explore how fast is Novonix Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Novonix Ltd (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Novonix Ltd from 2015 to 2025, covering 11 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Novonix Ltd (NVX) market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 64 days AU$8.16 Million AU$126.69K/day AU$- AU$- ▼ -134 days
2024 199 days AU$4.27 Million AU$21.48K/day AU$- AU$702.87K ▲ +76 days
2023 123 days AU$2.85 Million AU$23.19K/day AU$- AU$- ▼ -340 days
2022 463 days AU$10.00 Million AU$21.62K/day AU$- AU$7.55 Million ▲ +323 days
2021 139 days AU$2.04 Million AU$14.67K/day AU$- AU$- ▲ +27 days
2020 112 days AU$1.23 Million AU$10.98K/day AU$- AU$- ▲ +83 days
2019 28 days AU$478.40K AU$16.80K/day AU$- AU$- ▼ -1354 days
2018 1383 days AU$3.69 Million AU$2.67K/day AU$- AU$3.09 Million ▲ +1375 days
2017 8 days AU$289.99K AU$35.99K/day AU$- AU$- ▼ -59 days
2016 67 days AU$38.76K AU$580.62/day AU$- AU$- ▲ +46 days
2015 21 days AU$6.41K AU$304.38/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)