Novonix Ltd ADR Tangible Net Worth Ratio
Novonix Ltd ADR tangible net worth ratio. Novonix Ltd ADR (NVX) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($139.31 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check asset allocation strategy of Novonix Ltd ADR to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Novonix Ltd ADR (2015–2024)
Tangible net worth ratio of Novonix Ltd ADR from 2015 to 2024. This chart shows how Novonix Ltd ADR's Tangible Net Worth Ratio has changed across 12 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of $139.31 Million with intangible assets of $0.00 USD. See Novonix Ltd ADR current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Novonix Ltd ADR Tangible Net Worth Ratio by Year (2015–2024)
Novonix Ltd ADR tangible net worth ratio by year from 2015 to 2024. The table below presents the year-by-year Tangible Net Worth Ratio for Novonix Ltd ADR from 2015 to 2024, covering 12 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Novonix Ltd ADR.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $137.59 Million | $0.00 | $226.10 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $179.60 Million | $10.41K | $263.34 Million | ▲ +0.1 pp |
| 2023 | 99.9% | $226.06 Million | $198.69K | $277.42 Million | ▲ +5.4 pp |
| 2022 | 94.5% | $151.39 Million | $8.32 Million | $189.59 Million | ▼ -5.3 pp |
| 2021 | 99.8% | $251.13 Million | $389.75K | $302.98 Million | ▲ +9.2 pp |
| 2020 | 90.7% | $178.18 Million | $16.58 Million | $202.86 Million | ▲ +21.1 pp |
| 2019 | 69.5% | $60.31 Million | $18.37 Million | $75.26 Million | ▲ +142.5 pp |
| 2018 | -72.9% | $10.54 Million | $18.23 Million | $34.92 Million | ▼ -155.7 pp |
| 2017 | 82.8% | $29.18 Million | $5.03 Million | $37.05 Million | ▼ -15.0 pp |
| 2016 | 97.8% | $18.41 Million | $408.25K | $35.50 Million | ▼ -2.2 pp |
| 2016 | 100.0% | $2.03 Million | $0.00 | $2.18 Million | ▲ +0.0 pp |
| 2015 | 100.0% | $2.71 Million | $0.00 | $2.92 Million | — |