Novonix Ltd ADR (NVX) - Total Assets
Based on the latest financial reports, Novonix Ltd ADR (NVX) holds total assets worth $239.04 Million USD as of June 2025. 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 Ltd ADR - Total Assets Trend (2014–2024)
This chart illustrates how Novonix Ltd ADR's total assets have evolved over time, based on quarterly financial data. Also see market cap of Novonix Ltd ADR for the company's overall valuation and market capitalisation.
Novonix Ltd ADR - Asset Composition Analysis
Current Asset Composition (December 2024)
Novonix Ltd ADR's total assets of $239.04 Million consist of 25.3% current assets and 74.7% non-current assets. Review NVX total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 18.8% |
| Accounts Receivable | $8.16 Million | 3.6% |
| Inventory | $1.38 Million | 0.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $11.98 Million | 5.3% |
Asset Composition Trend (2014–2024)
This chart illustrates how Novonix Ltd ADR'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. See latest Novonix Ltd ADR stock price today for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Novonix Ltd ADR's current assets represent 25.3% of total assets in 2024, an increase from 6.0% in 2014.
- Cash Position: Cash and equivalents constituted 18.8% of total assets in 2024, up from 0.0% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 5.3% of total assets.
Novonix Ltd ADR Competitors by Total Assets
Key competitors of Novonix Ltd ADR based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LG Energy Solution Ltd
KO:373220
|
Korea | ₩71.81 Trillion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥14.27 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
China | CN¥18.96 Billion |
|
North Electro-Optic Co Ltd
SHG:600184
|
China | CN¥5.45 Billion |
|
Dongguan Aohai Technology Co
SHE:002993
|
China | CN¥10.58 Billion |
|
Shanghai Zhezhong Construction Co Ltd
SHE:002346
|
China | CN¥4.23 Billion |
|
Hiwin Mikrosystem Corp
TW:4576
|
Taiwan | NT$7.17 Billion |
|
Xinya Electronic Co Ltd
SHG:605277
|
China | CN¥3.47 Billion |
Novonix Ltd ADR - 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 | 0.93 | 6.15 | 10.33 |
| Quick Ratio | 0.90 | 5.94 | 9.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.84 Million | $48.48 Million | $25.81 Million |
Novonix Ltd ADR - Advanced Valuation Insights
This section examines the relationship between Novonix Ltd ADR'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 | 1.35 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | -14.1% |
| Total Assets | $226.10 Million |
| Market Capitalization | $159.30 Million USD |
Valuation Analysis
Below Book Valuation: The market values Novonix Ltd ADR's assets below their book value (0.70x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Novonix Ltd ADR's assets decreased by 14.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Novonix Ltd ADR (2014–2024)
The table below shows the annual total assets of Novonix Ltd ADR from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $226.10 Million | -14.14% |
| 2023-12-31 | $263.34 Million | -5.08% |
| 2023-06-30 | $277.42 Million | +46.33% |
| 2022-12-31 | $189.59 Million | -37.42% |
| 2021-12-31 | $302.98 Million | +49.36% |
| 2020-12-31 | $202.86 Million | +169.55% |
| 2019-12-31 | $75.26 Million | +115.51% |
| 2018-12-31 | $34.92 Million | -5.76% |
| 2017-12-31 | $37.05 Million | +4.38% |
| 2016-12-31 | $35.50 Million | +1525.31% |
| 2016-06-30 | $2.18 Million | -25.32% |
| 2015-12-31 | $2.92 Million | +2629.08% |
| 2014-12-31 | $107.17K | -- |
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