NOVONIX LTD SP.ADS/4 (GC30) — Working Capital to Net Assets Ratio
NOVONIX LTD SP.ADS/4 (GC30) has a Working Capital to Net Assets ratio of -1.6% as of June 2026. Working capital of €-2.53 Million (current assets of €73.75 Million minus current liabilities of €76.28 Million) is measured against net assets of €157.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GC30 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NOVONIX LTD SP.ADS/4 Working Capital to Net Assets (2022–2026)
This chart shows how NOVONIX LTD SP.ADS/4's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2022 to 2026. As of June 2026, the ratio stands at -1.6%, reflecting working capital of €-2.53 Million against net assets of €157.34 Million EUR. For the complete balance sheet picture, see how large is NOVONIX LTD SP.ADS/4's balance sheet.
Annual Working Capital to Net Assets for NOVONIX LTD SP.ADS/4 (2022–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for NOVONIX LTD SP.ADS/4 from 2022 to 2026, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore GC30 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 3.5% | €5.60 Million | €161.67 Million | €89.16 Million | €83.56 Million | ▼ -4.6 pp |
| 2025 | 8.0% | €11.06 Million | €137.59 Million | €57.30 Million | €46.24 Million | ▼ -20.2 pp |
| 2024 | 28.2% | €51.89 Million | €183.94 Million | €89.15 Million | €37.26 Million | ▼ -19.4 pp |
| 2023 | 47.6% | €107.68 Million | €226.06 Million | €116.15 Million | €8.47 Million | ▼ -13.8 pp |
| 2022 | 61.5% | €154.33 Million | €251.13 Million | €162.22 Million | €7.89 Million | — |