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 3.5% as of December 2025. Working capital of €5.60 Million (current assets of €89.16 Million minus current liabilities of €83.56 Million) is measured against net assets of €161.67 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of NOVONIX LTD SP.ADS/4 to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NOVONIX LTD SP.ADS/4 Working Capital to Net Assets (2022–2025)
This chart shows how NOVONIX LTD SP.ADS/4's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 3.5%, reflecting working capital of €5.60 Million against net assets of €161.67 Million EUR. Check GC30 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NOVONIX LTD SP.ADS/4 (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NOVONIX LTD SP.ADS/4 from 2022 to 2025, covering 4 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. For live market cap and the full company profile, see GC30 market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |