Novonix Ltd ADR (NVX) — Long-term Investment Intensity
Novonix Ltd ADR (NVX) has a Long-term Investment Intensity of 6.8% as of June 2024. Long-term investments of $16.34 Million represent 6.8% of total assets of $240.74 Million. A higher ratio indicates a company with significant capital committed to long-duration strategic positions. Check Novonix Ltd ADR (NVX) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
LT Investment Intensity
Long-term Investments
Total Assets
Country
Novonix Ltd ADR Long-term Investment Intensity (2017–2023)
This chart shows how Novonix Ltd ADR's Long-term Investment Intensity has evolved across 5 annual periods from 2017 to 2023. As of June 2024, the intensity stands at 6.8%, reflecting long-term investments of $16.34 Million against total assets of $240.74 Million USD. Explore NVX cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Annual Long-term Investment Intensity for Novonix Ltd ADR (2017–2023)
The table below presents the year-by-year Long-term Investment Intensity for Novonix Ltd ADR from 2017 to 2023, covering 5 annual filings. Each row shows total assets, long-term investments, the intensity percentage, and the change in percentage points compared to the prior year. For market capitalisation and broader financial context, see Novonix Ltd ADR market capitalisation.
| Year | LT Investment Intensity | LT Investments (USD) | Total Assets | Change (pp) |
|---|---|---|---|---|
| 2023 | 6.3% | $16.67 Million | $263.34 Million | ▲ +0.4 pp |
| 2023 | 5.9% | $16.49 Million | $277.42 Million | ▼ -6.8 pp |
| 2022 | 12.8% | $24.18 Million | $189.59 Million | ▲ +7.3 pp |
| 2021 | 5.5% | $16.67 Million | $302.98 Million | ▼ -25.9 pp |
| 2017 | 31.4% | $11.64 Million | $37.05 Million | — |