NOVONIX LTD SP.ADS/4 Working Capital to Net Assets Ratio
NOVONIX LTD SP.ADS/4 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. Check how tangible is NOVONIX LTD SP.ADS/4's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of NOVONIX LTD SP.ADS/4 (2022–2026)
Working capital to net assets ratio of NOVONIX LTD SP.ADS/4 from 2022 to 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. See NOVONIX LTD SP.ADS/4 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
NOVONIX LTD SP.ADS/4 Working Capital to Net Assets Ratio by Year (2022–2026)
NOVONIX LTD SP.ADS/4 working capital to net assets ratio by year from 2022 to 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. For the complete balance sheet picture, see NOVONIX LTD SP.ADS/4 (GC30) total assets.
| 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 | — |