Novonix Ltd ADR (NVX) — Net Asset Quality Index
Novonix Ltd ADR (NVX) has a Net Asset Quality Index of 58.3% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $239.04 Million minus total liabilities of $99.73 Million yields net assets of $139.31 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read Novonix Ltd ADR (NVX) total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Novonix Ltd ADR Net Asset Quality Index Over Time (2014–2024)
This chart shows how Novonix Ltd ADR's Net Asset Quality Index has evolved across 13 annual periods from 2014 to 2024. As of June 2025, the index stands at 58.3%, representing net assets of $139.31 Million against total assets of $239.04 Million USD. For live market cap and overall valuation, see Novonix Ltd ADR (NVX) total market value.
Annual Net Asset Quality Index for Novonix Ltd ADR (2014–2024)
The table below presents the year-by-year Net Asset Quality Index for Novonix Ltd ADR from 2014 to 2024, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check NVX strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 60.9% | $137.59 Million | $226.10 Million | $88.51 Million | ▼ -7.3 pp |
| 2023 | 68.2% | $179.60 Million | $263.34 Million | $83.74 Million | ▼ -13.3 pp |
| 2023 | 81.5% | $226.06 Million | $277.42 Million | $51.37 Million | ▲ +1.6 pp |
| 2022 | 79.9% | $151.39 Million | $189.59 Million | $38.20 Million | ▼ -3.0 pp |
| 2021 | 82.9% | $251.13 Million | $302.98 Million | $51.85 Million | ▼ -4.9 pp |
| 2020 | 87.8% | $178.18 Million | $202.86 Million | $24.68 Million | ▲ +7.7 pp |
| 2019 | 80.1% | $60.31 Million | $75.26 Million | $14.94 Million | ▲ +49.9 pp |
| 2018 | 30.2% | $10.54 Million | $34.92 Million | $24.38 Million | ▼ -48.6 pp |
| 2017 | 78.8% | $29.18 Million | $37.05 Million | $7.87 Million | ▲ +26.9 pp |
| 2016 | 51.9% | $18.41 Million | $35.50 Million | $17.08 Million | ▼ -40.9 pp |
| 2016 | 92.8% | $2.03 Million | $2.18 Million | $158.26K | ▲ +0.0 pp |
| 2015 | 92.8% | $2.71 Million | $2.92 Million | $211.93K | ▲ +96.4 pp |
| 2014 | -3.7% | $-3.93K | $107.17K | $111.10K | — |