Novonix Ltd (NVX) — Financial Flexibility Index
Novonix Ltd (NVX) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of AU$5.90 Million (operating CF AU$-19.56 Million minus capex AU$25.46 Million) represents 0% of total liabilities (AU$125.86 Million). Check how tangible is Novonix Ltd's equity to evaluate the tangible quality of the company's equity base.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Novonix Ltd Financial Flexibility Index (2014–2025)
Historical Financial Flexibility Index trend for Novonix Ltd across 23 annual periods. For the full cash flow conversion analysis, see Novonix Ltd (NVX) cash flow conversion.
Annual Financial Flexibility Index for Novonix Ltd (2014–2025)
Year-by-year free cash flow to debt coverage for Novonix Ltd. Explore cash flow to debt ratio of Novonix Ltd to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | AU$18.60 Million | AU$-43.67 Million | AU$125.86 Million | ▲ +224.4% |
| 2025 | -0.12x | AU$-10.51 Million | AU$-40.42 Million | AU$88.51 Million | ▲ +0.0% |
| 2024 | -0.12x | AU$-10.51 Million | AU$-40.42 Million | AU$88.51 Million | ▲ +41.6% |
| 2024 | -0.20x | AU$-17.03 Million | AU$-36.23 Million | AU$83.74 Million | ▲ +5.2% |
| 2023 | -0.21x | AU$-17.03 Million | AU$-36.23 Million | AU$79.41 Million | ▼ -385.4% |
| 2023 | 0.08x | AU$3.86 Million | AU$-12.89 Million | AU$51.37 Million | ▲ +0.0% |
| 2022 | 0.08x | AU$3.86 Million | AU$-12.89 Million | AU$51.37 Million | ▼ -92.9% |
| 2022 | 1.05x | AU$54.56 Million | AU$-29.23 Million | AU$51.85 Million | ▲ +0.0% |
| 2021 | 1.05x | AU$54.56 Million | AU$-29.23 Million | AU$51.85 Million | ▲ +92.5% |
| 2021 | 0.55x | AU$13.49 Million | AU$-6.09 Million | AU$24.68 Million | ▲ +0.0% |
| 2020 | 0.55x | AU$13.49 Million | AU$-6.09 Million | AU$24.68 Million | ▲ +11397.3% |
| 2020 | 0.00x | AU$-72.31K | AU$-3.75 Million | AU$14.94 Million | ▲ +0.0% |
| 2019 | 0.00x | AU$-72.31K | AU$-3.75 Million | AU$14.94 Million | ▲ +90.9% |
| 2019 | -0.05x | AU$-1.29 Million | AU$-2.81 Million | AU$24.38 Million | ▲ +48.0% |
| 2018 | -0.10x | AU$-2.48 Million | AU$-4.00 Million | AU$24.38 Million | ▼ -0.3% |
| 2018 | -0.10x | AU$-799.85K | AU$-2.87 Million | AU$7.87 Million | ▲ +55.7% |
| 2017 | -0.23x | AU$-1.81 Million | AU$-3.88 Million | AU$7.87 Million | ▼ -1189.0% |
| 2017 | 0.02x | AU$360.30K | AU$-749.64K | AU$17.08 Million | ▲ +167.7% |
| 2016 | 0.01x | AU$134.58K | AU$-975.35K | AU$17.08 Million | ▼ -99.7% |
| 2016 | 2.71x | AU$574.31K | AU$-467.27K | AU$211.93K | ▲ +38.6% |
| 2015 | 1.96x | AU$414.34K | AU$-627.24K | AU$211.93K | ▼ -84.5% |
| 2015 | 12.58x | AU$1.40 Million | AU$-264.00 | AU$111.10K | ▼ 0.0% |
| 2014 | 12.58x | AU$1.40 Million | AU$-263.00 | AU$111.10K | — |