Novonix Limited
Novonix Limited operates in various business sectors.
Novonix Limited (GC3) - Total Assets
Latest total assets as of December 2023: €263.34 Million EUR
Based on the latest financial reports, Novonix Limited (GC3) holds total assets worth €263.34 Million EUR as of December 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Novonix Limited - Total Assets Trend (2019–2024)
This chart illustrates how Novonix Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Novonix Limited - Asset Composition Analysis
Current Asset Composition (June 2024)
Novonix Limited's total assets of €263.34 Million consist of 33.9% current assets and 66.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 29.9% |
| Accounts Receivable | €3.03 Million | 1.2% |
| Inventory | €2.00 Million | 0.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €15.29K | 0.0% |
| Goodwill | €11.98 Million | 4.6% |
Asset Composition Trend (2019–2024)
This chart illustrates how Novonix Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Novonix Limited's current assets represent 33.9% of total assets in 2024, an increase from 22.5% in 2019.
- Cash Position: Cash and equivalents constituted 29.9% of total assets in 2024, up from 17.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 51.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 4.6% of total assets.
Novonix Limited Competitors by Total Assets
Key competitors of Novonix Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Novonix Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Novonix Limited generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Novonix Limited is currently not profitable relative to its asset base.
Novonix Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 11.37 | 54.11 | 54.11 |
| Quick Ratio | 11.12 | 53.39 | 53.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €81.31 Million | € 280.50 Million | € 280.50 Million |
Novonix Limited - Advanced Valuation Insights
This section examines the relationship between Novonix Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -5.1% |
| Total Assets | €263.34 Million |
| Market Capitalization | $2.36K USD |
Valuation Analysis
Below Book Valuation: The market values Novonix Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Novonix Limited's assets decreased by 5.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Novonix Limited (2019–2024)
The table below shows the annual total assets of Novonix Limited from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | €263.34 Million | -5.08% |
| 2023-06-30 | €277.42 Million | -8.43% |
| 2022-06-30 | €302.98 Million | +98.92% |
| 2021-06-30 | €152.31 Million | +194.27% |
| 2020-06-30 | €51.76 Million | +111.64% |
| 2019-06-30 | €24.46 Million | -- |