Novonix Ltd ADR (NVX) - Net Assets
Based on the latest financial reports, Novonix Ltd ADR (NVX) has net assets worth $139.31 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 ($239.04 Million) and total liabilities ($99.73 Million). 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 ADR liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $139.31 Million |
| % of Total Assets | 58.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | -45.21% |
| 10-Year Change | 647.18% |
| Growth Volatility | 259.1 |
Novonix Ltd ADR - Net Assets Trend (2014–2024)
This chart illustrates how Novonix Ltd ADR'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 ADR (2014–2024)
The table below shows the annual net assets of Novonix Ltd ADR from 2014 to 2024. For live valuation and market cap data, see NVX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $137.59 Million | -23.39% |
| 2023-12-31 | $179.60 Million | -20.55% |
| 2023-06-30 | $226.06 Million | +49.32% |
| 2022-12-31 | $151.39 Million | -39.72% |
| 2021-12-31 | $251.13 Million | +40.95% |
| 2020-12-31 | $178.18 Million | +195.42% |
| 2019-12-31 | $60.31 Million | +472.02% |
| 2018-12-31 | $10.54 Million | -63.87% |
| 2017-12-31 | $29.18 Million | +58.48% |
| 2016-12-31 | $18.41 Million | +808.97% |
| 2016-06-30 | $2.03 Million | -25.32% |
| 2015-12-31 | $2.71 Million | +69163.77% |
| 2014-12-31 | $-3.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novonix Ltd ADR'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 (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $367.54 Million | 267.12% |
| Other Comprehensive Income | $29.72 Million | 21.60% |
| Total Equity | $137.59 Million | 100.00% |
Novonix Ltd ADR Competitors by Market Cap
The table below lists competitors of Novonix Ltd ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordfyns Bank A/S
CO:NRDF
|
$159.36 Million |
|
Harvard Ave Acquisition Corporation Class A Ordinary Share
NASDAQ:HAVA
|
$159.39 Million |
|
Song Hong Garment JSC
VN:MSH
|
$159.46 Million |
|
La Finca Global Assets SOCIMI S.A.
MC:YLFG
|
$159.48 Million |
|
Acme United Corporation
NYSE MKT:ACU
|
$159.26 Million |
|
Piedmont Lithium Ltd ADR
NASDAQ:PLL
|
$159.11 Million |
|
Kindly MD, Inc.
NASDAQ:NAKA
|
$159.08 Million |
|
Orient Green Power Company Limited
NSE:GREENPOWER
|
$159.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novonix Ltd ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, 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 (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-74.82 Million | -54.38% |
| Share Issuances | $28.82 Million | +20.95% |
| Other Comprehensive Income | $-635.67K | -0.46% |
| Other Changes | $293.17K | +0.21% |
| Total Change | $- | -25.20% |
Book Value vs Market Value Analysis
This analysis compares Novonix Ltd ADR'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: 0.67x
- 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 |
|---|---|---|---|
| 2014-12-31 | $0.00 | $0.74 | x |
| 2015-12-31 | $0.02 | $0.74 | x |
| 2016-06-30 | $0.10 | $0.74 | x |
| 2016-12-31 | $0.16 | $0.74 | x |
| 2017-12-31 | $0.25 | $0.74 | x |
| 2018-12-31 | $0.09 | $0.74 | x |
| 2019-12-31 | $0.52 | $0.74 | x |
| 2020-12-31 | $1.53 | $0.74 | x |
| 2021-12-31 | $2.16 | $0.74 | x |
| 2022-12-31 | $1.24 | $0.74 | x |
| 2023-06-30 | $0.49 | $0.74 | x |
| 2023-12-31 | $1.51 | $0.74 | x |
| 2024-12-31 | $1.11 | $0.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novonix Ltd ADR 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 (-46.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.55K |
| 2015 | -45.85% | -6008.68% | 0.01x | 1.08x | $-1.52 Million |
| 2016 | -33.32% | -7592.94% | 0.00x | 1.93x | $-7.98 Million |
| 2017 | -35.37% | -475.32% | 0.06x | 1.27x | $-13.24 Million |
| 2018 | -247.75% | -1437.60% | 0.05x | 3.31x | $-27.18 Million |
| 2019 | -33.21% | -470.88% | 0.06x | 1.25x | $-26.06 Million |
| 2020 | -10.15% | -345.80% | 0.03x | 1.14x | $-35.89 Million |
| 2021 | -20.65% | -850.01% | 0.02x | 1.21x | $-76.97 Million |
| 2022 | -25.16% | -1031.13% | 0.02x | 1.25x | $-53.22 Million |
| 2023 | -22.94% | 0.00% | 0.00x | 1.23x | $-74.47 Million |
| 2023 | -25.14% | -381.13% | 0.05x | 1.43x | $-64.64 Million |
| 2024 | -54.38% | -1278.04% | 0.03x | 1.64x | $-88.58 Million |
Industry Comparison
This section compares Novonix Ltd ADR's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $123,494,394
- Average return on equity (ROE) among peers: -71.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novonix Ltd ADR (NVX) | $139.31 Million | 0.00% | 0.72x | $159.30 Million |
| Advent Technologies Holdings Inc (ADN) | $-21.30 Million | 0.00% | 0.00x | $1.38 Million |
| Ads Tec Energy PLC (ADSE) | $33.92 Million | -162.39% | 2.67x | $642.11 Million |
| Advanced Energy Industries Inc (AEIS) | $376.55 Million | -0.47% | 0.12x | $14.26 Billion |
| Amprius Technologies Inc. (AMPX) | $1.17 Million | -634.56% | 4.70x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $234.61 Million | 4.67% | 0.66x | $63.09 Million |
| Atkore International Group Inc (ATKR) | $1.47 Billion | 46.99% | 1.00x | $2.02 Billion |
| Acuity Brands Inc (AYI) | $993.50 Million | 12.82% | 0.92x | $8.87 Billion |
| Bloom Energy Corp (BE) | $-1.97 Billion | 0.00% | 0.00x | $39.20 Billion |
| CBAK Energy Technology Inc (CBAT) | $113.46 Million | -2.16% | 1.48x | $70.92 Million |
| CCSC Technology International Holdings Limited Ordinary Shares (CCTG) | $1.39 Million | 20.24% | 0.55x | $2.10 Million |
About Novonix Ltd ADR
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