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$125.86 Million). Check Novonix Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Novonix Ltd Financial Flexibility Index (2015–2025)
Historical Financial Flexibility Index trend for Novonix Ltd across 11 annual periods. See Novonix Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Novonix Ltd (2015–2025)
Year-by-year free cash flow to debt coverage for Novonix Ltd. For the full company profile including market capitalisation, see Novonix Ltd (NVX) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.12x | AU$-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 | ▼ -370.6% |
| 2023 | 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 | ▲ +92.5% |
| 2021 | 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$14.94 Million | ▲ +90.9% |
| 2019 | -0.05x | AU$-1.29 Million | AU$-2.81 Million | AU$24.38 Million | ▲ +47.8% |
| 2018 | -0.10x | AU$-799.85K | AU$-2.87 Million | AU$7.87 Million | ▼ -581.9% |
| 2017 | 0.02x | AU$360.30K | AU$-749.64K | AU$17.08 Million | ▼ -99.2% |
| 2016 | 2.71x | AU$574.31K | AU$-467.27K | AU$211.93K | ▼ -78.5% |
| 2015 | 12.58x | AU$1.40 Million | AU$-264.00 | AU$111.10K | — |