Novonix Ltd ADR (NVX) — Net Asset Momentum
Novonix Ltd ADR (NVX) recorded a net asset momentum of -23.4% as of December 2024, with net assets of $137.59 Million USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. Check tangible net worth ratio of Novonix Ltd ADR to evaluate the tangible quality of the company's equity base.
YoY Momentum
Current Net Assets
Years of Data
Country
Novonix Ltd ADR Net Asset Momentum (2014–2024)
This chart tracks Novonix Ltd ADR's year-over-year net asset growth across 13 annual reporting periods from 2014 to 2024. The most recent momentum reading is -23.4%, with net assets of $137.59 Million USD as of December 2024. Read NVX total liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Novonix Ltd ADR (2014–2024)
The table below shows the complete annual net asset history for Novonix Ltd ADR from 2014 to 2024, covering 13 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see market value of Novonix Ltd ADR.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2024 | $137.59 Million | $226.10 Million | $88.51 Million | ▼ -23.4% |
| 2023 | $179.60 Million | $263.34 Million | $83.74 Million | ▼ -20.5% |
| 2023 | $226.06 Million | $277.42 Million | $51.37 Million | ▲ +49.3% |
| 2022 | $151.39 Million | $189.59 Million | $38.20 Million | ▼ -39.7% |
| 2021 | $251.13 Million | $302.98 Million | $51.85 Million | ▲ +40.9% |
| 2020 | $178.18 Million | $202.86 Million | $24.68 Million | ▲ +195.4% |
| 2019 | $60.31 Million | $75.26 Million | $14.94 Million | ▲ +472.0% |
| 2018 | $10.54 Million | $34.92 Million | $24.38 Million | ▼ -63.9% |
| 2017 | $29.18 Million | $37.05 Million | $7.87 Million | ▲ +58.5% |
| 2016 | $18.41 Million | $35.50 Million | $17.08 Million | ▲ +809.0% |
| 2016 | $2.03 Million | $2.18 Million | $158.26K | ▼ -25.3% |
| 2015 | $2.71 Million | $2.92 Million | $211.93K | ▲ +69163.8% |
| 2014 | $-3.93K | $107.17K | $111.10K | — |