Novonix Ltd (NVX) - Net Assets

Latest as of June 2025: AU$143.83 Million AUD ≈ $101.77 Million USD

Based on the latest financial reports, Novonix Ltd (NVX) has net assets worth AU$143.83 Million AUD (≈ $101.77 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$239.04 Million ≈ $169.13 Million USD) and total liabilities (AU$95.21 Million ≈ $67.37 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Novonix Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$143.83 Million
% of Total Assets 60.17%
Annual Growth Rate N/A
5-Year Change -22.78%
10-Year Change 4971.84%
Growth Volatility 220.32

Novonix Ltd - Net Assets Trend (2015–2025)

This chart illustrates how Novonix Ltd's net assets have evolved over time, based on quarterly financial data. Also explore NVX current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Novonix Ltd (2015–2025)

The table below shows the annual net assets of Novonix Ltd from 2015 to 2025. For live valuation and market cap data, see NVX stock market capitalisation.

Year Net Assets Change
2025-06-30 AU$137.59 Million
≈ $97.35 Million		 -23.39%
2024-06-30 AU$179.60 Million
≈ $127.08 Million		 +29.94%
2023-06-30 AU$138.22 Million
≈ $97.80 Million		 -44.96%
2022-06-30 AU$251.13 Million
≈ $177.69 Million		 +40.95%
2021-06-30 AU$178.18 Million
≈ $126.07 Million		 +195.42%
2020-06-30 AU$60.31 Million
≈ $42.67 Million		 +472.02%
2019-06-30 AU$10.54 Million
≈ $7.46 Million		 -63.87%
2018-06-30 AU$29.18 Million
≈ $20.65 Million		 +58.48%
2017-06-30 AU$18.41 Million
≈ $13.03 Million		 +578.80%
2016-06-30 AU$2.71 Million
≈ $1.92 Million		 +69163.77%
2015-06-30 AU$-3.93K
≈ $-2.78K		 --

Equity Component Analysis

This analysis shows how different components contribute to Novonix Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 25966604200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$367.54 Million 267.12%
Other Comprehensive Income AU$29.72 Million 21.60%
Total Equity AU$137.59 Million 100.00%

Novonix Ltd Competitors by Market Cap

The table below lists competitors of Novonix Ltd ranked by their market capitalization.

Company Market Cap
Eltel AB
ST:ELTEL
 $164.29 Million
Endava Ltd
NYSE:DAVA
 $164.29 Million
Finance of America Companies Inc
NYSE:FOA
 $164.30 Million
St.Shine Optical Co Ltd
TWO:1565
 $164.40 Million
Asia Tech Image
TWO:4974
 $164.23 Million
Evolution Petroleum Corporation Inc
NYSE MKT:EPM
 $164.17 Million
Votum SA
WAR:VOT
 $164.14 Million
Invesco Trust For Inv Grade NY Munis
NYSE:VTN
 $164.13 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Novonix Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 183,936,275 to 137,590,257, a change of -46,346,018 (-25.2%).
  • Net loss of 74,822,141 reduced equity.
  • New share issuances of 28,818,616 increased equity.
  • Other comprehensive income decreased equity by 635,666.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-74.82 Million -54.38%
Share Issuances AU$28.82 Million +20.95%
Other Comprehensive Income AU$-635.67K -0.46%
Other Changes AU$293.17K +0.21%
Total Change AU$- -25.20%

Book Value vs Market Value Analysis

This analysis compares Novonix Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.98x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-06-30 AU$0.00 AU$0.27 x
2016-06-30 AU$0.01 AU$0.27 x
2017-06-30 AU$0.04 AU$0.27 x
2018-06-30 AU$0.06 AU$0.27 x
2019-06-30 AU$0.02 AU$0.27 x
2020-06-30 AU$0.13 AU$0.27 x
2021-06-30 AU$0.38 AU$0.27 x
2022-06-30 AU$0.54 AU$0.27 x
2023-06-30 AU$0.31 AU$0.27 x
2024-06-30 AU$0.38 AU$0.27 x
2025-06-30 AU$0.28 AU$0.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Novonix Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -54.38%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1278.04%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 1.64x
  • Recent ROE (-54.38%) is below the historical average (-47.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 0.00% 0.00% 0.00x 0.00x AU$-3.55K
2016 -45.85% -6008.68% 0.01x 1.08x AU$-1.52 Million
2017 -33.32% -7592.94% 0.00x 1.93x AU$-7.98 Million
2018 -35.37% -475.32% 0.06x 1.27x AU$-13.24 Million
2019 -247.75% -1437.60% 0.05x 3.31x AU$-27.18 Million
2020 -22.27% -315.75% 0.06x 1.25x AU$-19.46 Million
2021 -7.55% -257.24% 0.03x 1.14x AU$-31.26 Million
2022 -20.65% -850.01% 0.02x 1.21x AU$-76.97 Million
2023 -25.16% -1031.13% 0.02x 1.25x AU$-53.22 Million
2024 -25.14% -574.19% 0.03x 1.43x AU$-64.64 Million
2025 -54.38% -1278.04% 0.03x 1.64x AU$-88.58 Million

Industry Comparison

This section compares Novonix Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $33,610,259
  • Average return on equity (ROE) among peers: -458.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Novonix Ltd (NVX) AU$143.83 Million 0.00% 0.66x $164.28 Million
ChemX Materials Ltd (CMX) $6.69 Million -62.49% 0.19x $23.74 Million
Excelsior Capital Ltd (ECL) $113.68 Million 0.88% 0.00x $19.28 Million
Energy Technologies Ltd (EGY) $51.92K -4298.59% 129.35x $8.84 Million
FOS Capital Ltd (FOS) $9.91 Million 6.38% 1.20x $6.08 Million
Li-S Energy Ltd (LIS) $50.99 Million -12.30% 0.02x $58.89 Million
PPK Group Ltd (PPK) $93.92 Million -11.44% 0.31x $22.49 Million
Rectifier Technologies Ltd (RFT) $1.99 Million 267.49% 1.65x $3.91 Million
Redflow Ltd (RFX) $23.01 Million 0.00% 0.04x $18.14 Million
SKS Technologies Group Ltd (SKS) $2.25 Million -20.36% 4.72x $480.89 Million

About Novonix Ltd

AU:NVX Australia Electrical Equipment & Parts
Market Cap
$164.28 Million
AU$232.17 Million AUD
Market Cap Rank
#17271 Global
#512 in Australia
Share Price
AU$0.27
Change (1 day)
+8.00%
52-Week Range
AU$0.25 - AU$1.02
All Time High
AU$12.15
Categories
Companies in Australia Electrical Equipment & Parts
About

NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out resea… Read more