Novonix Ltd ADR Net Assets
Novonix Ltd ADR 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. Also explore how fast is Novonix Ltd ADR growing its equity to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Novonix Ltd ADR (2014–2024)
Net assets of Novonix Ltd ADR from 2014 to 2024. This chart illustrates how Novonix Ltd ADR's net assets have evolved over time, based on quarterly financial data. See NVX net asset quality score to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see NVX market cap overview.
| 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.
Novonix Ltd ADR Net Assets Breakdown (December 2024)
Novonix Ltd ADR net assets breakdown by equity component as of 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 |
|---|---|
|
Akmerkez Gayrimenkul Yatirim Ortakligi AS
IS:AKMGY
|
$159.33 Million |
|
GalaxyEdge Acquisition Corporation
NYSE:GLED
|
$159.35 Million |
|
Nordfyns Bank A/S
CO:NRDF
|
$159.36 Million |
|
Future Money Acquisition Corporation
NASDAQ:FMAC
|
$159.38 Million |
|
Nordic Halibut AS
OL:NOHAL
|
$159.26 Million |
|
Bioversys AG
SW:BIOV
|
$159.24 Million |
|
LaFayette Acquisition Corp. Ordinary Share
NASDAQ:LAFA
|
$159.18 Million |
|
Piedmont Lithium Ltd ADR
NASDAQ:PLL
|
$159.11 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: $3,782,925
- Average return on equity (ROE) among peers: 4.54%
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 |
| Accelevation Holdings Corp. Class A Ordinary Shares (ACCV) | $307.16 Million | 7.05% | 1.35x | $1.40 Billion |
| Advent Technologies Holdings Inc (ADN) | $5.00 Million | 57.46% | 44.20x | $1.38 Million |
| Ads Tec Energy PLC (ADSE) | $-42.81 Million | 0.00% | 0.00x | $682.69 Million |
| Advanced Energy Industries Inc (AEIS) | $144.98 Million | -8.79% | 1.73x | $8.47 Billion |
| Amprius Technologies Inc. (AMPX) | $73.03 Million | -23.73% | 0.14x | $1.24 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $197.18 Million | 1.45% | 0.49x | $46.18 Million |
| Atkore International Group Inc (ATKR) | $156.28 Million | -3.17% | 6.13x | $3.16 Billion |
| Acuity Brands Inc (AYI) | $1.16 Billion | 15.11% | 0.86x | $8.75 Billion |
| Bloom Energy Corp (BE) | $-1.97 Billion | 0.00% | 0.00x | $59.02 Billion |
| CBAK Energy Technology Inc (CBAT) | $-5.76K | 0.00% | 0.00x | $65.53 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