NOVONIX Ltd (NVNXF) Ratios
NOVONIX Ltd Ratios
NVNXF's free cash flow for Q2 2026 was $-31.63M. For the 2026 fiscal year, NVNXF's free cash flow was decreased by $-8.90M and operating cash flow was $-22.73M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Jun 22 | Jun 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.07 | 1.24 | 11.37 | 9.38 | 20.56 |
| Quick Ratio | 1.04 | 1.21 | 11.12 | 9.12 | 20.32 |
| Cash Ratio | 1.01 | 0.92 | 10.04 | 8.73 | 18.09 |
| Solvency Ratio | -0.72 | -0.79 | -0.50 | -0.67 | -0.92 |
| Operating Cash Flow Ratio | -0.52 | -0.87 | -4.62 | -1.52 | -3.70 |
| Short-Term Operating Cash Flow Coverage | -0.70 | -1.32 | -1.26 | -112.95 | -243.64 |
| Net Current Asset Value | $ -36.64M | $ -31.21M | $ 5.41M | $ 28.01M | $ 110.38M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.35 | 0.31 | 0.50 | 0.21 | 0.14 |
| Debt-to-Equity Ratio | 0.64 | 0.51 | 0.72 | 0.27 | 0.16 |
| Debt-to-Capital Ratio | 0.39 | 0.34 | 0.42 | 0.21 | 0.14 |
| Long-Term Debt-to-Capital Ratio | 0.17 | 0.19 | 0.35 | 0.19 | 0.13 |
| Financial Leverage Ratio | 1.80 | 1.64 | 1.43 | 1.25 | 1.21 |
| Debt Service Coverage Ratio | -0.65 | -1.95 | -1.22 | -23.71 | -30.37 |
| Interest Coverage Ratio | -4.37 | -14.55 | -16.95 | -30.31 | -32.71 |
| Debt to Market Cap | 0.33 | 0.17 | 0.36 | 0.05 | 0.03 |
| Interest Debt Per Share | 0.17 | 0.15 | 0.28 | 0.09 | 0.09 |
| Net Debt to EBITDA | -0.33 | -0.42 | -1.39 | 1.01 | 2.19 |
| Profitability Margins | |||||
| Gross Profit Margin | -433.30% | 69.76% | 65.02% | -558.56% | 71.73% |
| EBIT Margin | -929.63% | -1215.88% | -541.34% | -1457.75% | -825.94% |
| EBITDA Margin | -848.25% | -1137.84% | -482.49% | -901.04% | -756.86% |
| Operating Profit Margin | -929.63% | -879.99% | -598.77% | -1058.22% | -787.45% |
| Pretax Profit Margin | -1666.20% | -1276.38% | -576.67% | -1031.13% | -850.01% |
| Net Profit Margin | -1650.76% | -1278.04% | -574.19% | -1031.13% | -850.01% |
| Continuous Operations Profit Margin | -1650.76% | -1278.04% | -574.19% | -1508.84% | -850.01% |
| Net Income Per EBT | 99.07% | 100.13% | 99.57% | 100.00% | 100.00% |
| EBT Per EBIT | 179.23% | 145.04% | 96.31% | 97.44% | 107.95% |
| Return on Assets (ROA) | -33.89% | -33.09% | -17.56% | -20.09% | -17.12% |
| Return on Equity (ROE) | -61.02% | -54.38% | -25.14% | -25.16% | -20.65% |
| Return on Capital Employed (ROCE) | -27.09% | -28.64% | -18.88% | -21.58% | -16.28% |
| Return on Invested Capital (ROIC) | -20.42% | -24.41% | -16.87% | -21.52% | -16.26% |
| Return on Tangible Assets | -35.39% | -34.94% | -18.40% | -22.00% | -17.85% |
| Earnings Yield | -33.52% | -20.49% | -12.91% | -5.32% | -4.90% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.74 | 0.72 | 2.26 | 1.30 | 2.49 |
| Payables Turnover | 7.24 | 1.77 | 2.10 | 5.92 | 0.65 |
| Inventory Turnover | 14.18 | 1.28 | 1.41 | 11.24 | 0.92 |
| Fixed Asset Turnover | 0.03 | 0.04 | 0.06 | 0.04 | 0.05 |
| Asset Turnover | 0.02 | 0.03 | 0.03 | 0.02 | 0.02 |
| Working Capital Turnover Ratio | 0.70 | 0.13 | 0.11 | 0.03 | 0.04 |
| Cash Conversion Cycle | 108.34 | 588.13 | 246.83 | 252.19 | -18.32 |
| Days of Sales Outstanding | 133.00 | 508.63 | 161.52 | 281.37 | 146.72 |
| Days of Inventory Outstanding | 25.73 | 285.30 | 259.22 | 32.47 | 396.23 |
| Days of Payables Outstanding | 50.39 | 205.80 | 173.91 | 61.65 | 561.27 |
| Operating Cycle | 158.74 | 793.93 | 420.74 | 313.84 | 542.94 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.06 | -0.08 | -0.07 | -0.03 | -0.06 |
| Free Cash Flow Per Share | -0.16 | -0.14 | -0.11 | -0.06 | -0.24 |
| Dividend Paid and CapEx Coverage Ratio | -0.70 | -1.35 | -1.89 | -0.77 | -0.35 |
| Capital Expenditure Coverage Ratio | -0.70 | -1.35 | -1.89 | -0.77 | -0.35 |
| Operating Cash Flow Coverage Ratio | -0.44 | -0.57 | -0.27 | -0.32 | -0.71 |
| Operating Cash Flow to Sales Ratio | -7.51 | -6.90 | -4.50 | -3.49 | -4.79 |
| Free Cash Flow Yield | -37.00% | -19.26% | -15.47% | -4.14% | -10.67% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -3.00 | -4.90 | -7.75 | -18.78 | -20.42 |
| Price-to-Sales (P/S) Ratio | 49.25 | 62.38 | 44.48 | 193.67 | 173.56 |
| Price-to-Book (P/B) Ratio | 1.82 | 2.65 | 1.95 | 4.72 | 4.22 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -2.70 | -5.19 | -6.46 | -24.13 | -9.37 |
| Price-to-Operating Cash Flow Ratio | -6.56 | -9.04 | -9.89 | -55.48 | -36.23 |
| Price-to-Earnings Growth (PEG) Ratio | 0.45 | -0.69 | -0.09 | 0.59 | -0.11 |
| Enterprise Value Multiple | -6.13 | -5.90 | -10.61 | -20.49 | -20.74 |
| Enterprise Value | 302.44M | 393.06M | 412.41M | 681.77M | 957.59M |
| EV to EBITDA | -6.13 | -5.90 | -10.61 | -20.49 | -20.74 |
| EV to Sales | 52.03 | 67.14 | 51.20 | 184.59 | 156.95 |
| EV to Free Cash Flow | -2.85 | -5.59 | -7.44 | -23.00 | -8.47 |
| EV to Operating Cash Flow | -6.93 | -9.72 | -11.38 | -52.88 | -32.76 |
| Tangible Book Value Per Share | 0.21 | 0.25 | 0.34 | 0.25 | 0.51 |
| Shareholders’ Equity Per Share | 0.23 | 0.28 | 0.38 | 0.31 | 0.54 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.01 | -0.00 | 0.00 | 0.00 | -0.04 |
| Revenue Per Share | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
| Net Income Per Share | -0.14 | -0.15 | -0.09 | -0.08 | -0.11 |
| Tax Burden | 0.99 | 1.00 | 1.00 | 1.00 | 1.00 |
| Interest Burden | 1.79 | 1.05 | 1.07 | 0.71 | 1.03 |
| Research & Development to Revenue | 1.01 | 0.83 | 0.71 | 0.75 | 0.84 |
| SG&A to Revenue | 7.76 | 8.38 | 3.79 | 5.90 | 6.53 |
| Stock-Based Compensation to Revenue | 0.00 | 0.94 | 0.48 | 0.00 | 2.41 |
| Income Quality | 0.46 | 0.54 | 0.78 | 0.34 | 0.56 |
Currency in AUD