Novonix Ltd ADR (NVX) — Defensive Interval Ratio
Novonix Ltd ADR (NVX) has a Defensive Interval Ratio of 122 days as of June 2025. Defensive assets of $18.89 Million (cash $-, short-term investments $-, receivables $18.89 Million) cover 122 days of daily cash needs of $154.98K/day. See NVX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Novonix Ltd ADR Defensive Interval Ratio (2014–2024)
This chart shows how Novonix Ltd ADR's Defensive Interval Ratio has evolved across 13 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 122 days, meaning defensive assets of $18.89 Million can fund 122 days of operations without new revenue. See Novonix Ltd ADR balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Novonix Ltd ADR (2014–2024)
The table below presents the year-by-year Defensive Interval Ratio for Novonix Ltd ADR from 2014 to 2024, covering 13 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 ADR (NVX) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 64 days | $8.16 Million | $126.69K/day | $- | $- | ▼ -134 days |
| 2023 | 199 days | $4.27 Million | $21.48K/day | $- | $702.87K | ▲ +76 days |
| 2023 | 123 days | $2.85 Million | $23.19K/day | $- | $- | ▲ +0 days |
| 2022 | 123 days | $1.95 Million | $15.85K/day | $- | $- | ▲ +9 days |
| 2021 | 113 days | $2.45 Million | $21.62K/day | $- | $- | ▼ -26 days |
| 2020 | 139 days | $2.04 Million | $14.67K/day | $- | $- | ▲ +27 days |
| 2019 | 112 days | $1.23 Million | $10.98K/day | $- | $- | ▲ +83 days |
| 2018 | 28 days | $478.40K | $16.80K/day | $- | $- | ▼ -195 days |
| 2017 | 224 days | $595.91K | $2.67K/day | $- | $- | ▲ +215 days |
| 2016 | 8 days | $289.99K | $35.99K/day | $- | $- | ▼ -59 days |
| 2016 | 67 days | $28.94K | $433.60/day | $- | $- | ▼ 0 days |
| 2015 | 67 days | $38.76K | $580.62/day | $- | $- | ▲ +46 days |
| 2014 | 21 days | $6.41K | $304.38/day | $- | $- | — |