Novonix Limited (NVX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q2'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q4'16 | Q2'16 |
|---|
| Total Current Assets | 89.13M | 52.73M | 57.3M | 57.88M | 89.15M | 108.58M | 78.77M | 142.77M | 162.22M | 144.33M | 22.41M | 28.57M | 2.81M | 7.85M | 4.82M | 1.37M | 5.07M | 2.39M | 793.96K | 1.7M |
| Cash & Short-Term Investments | 84.12M | 26.95M | 42.56M | 47.11M | 78.71M | 99.08M | 73.36M | 129.64M | 142.74M | 102.6M | 19.5M | 26.78M | 392.97K | 4.25M | 2.43M | 293.26K | 4.36M | 1.86M | 494.46K | 1.24M |
| Cash Only | 84.12M | 26.95M | 42.56M | 47.13M | 78.63M | 99.08M | 73.36M | 129.64M | 142.74M | 102.6M | 19.5M | 26.78M | 392.97K | 4.25M | 2.43M | 396.22K | 4.36M | 1.86M | 494.46K | 1.24M |
| Short-Term Investments | 0 | 0 | 0 | -6.43K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 2.12M | 18.89M | 8.16M | 2.52M | 3.56M | 2.33M | 1.93M | 1.69M | 2.45M | 1.63M | 1.07M | 739.59K | 991.71K | 478.4K | 197.88K | 560.23K | 380.77K | 289.99K | 78.31K | 28.94K |
| Days Sales Outstanding | 341.88 | 437.9 | 157.05 | 101.32 | 62.28 | 49.68 | 108.29 | 331.25 | 233.09 | 42.52 | 35.51 | 50.06 | 25.07 | 28.16 | 47.95 | 156.3 | 34.54 | 801.29 | 121.12 | 536.58 |
| Inventory | 2.18M | 1.76M | 1.38M | 2.04M | 2M | 1.7M | 2.15M | 0 | 1.87M | 2.09M | 1.69M | 943.4K | 581.65K | 784.18K | 587.25K | 478.23K | 338.14K | 244.94K | 318.69K | -28.94K |
| Days Inventory Outstanding | 14.43 | 8.19 | 10.9 | 183.33 | 12.76 | 8.58 | 15.08 | - | -188.88 | 31.02 | 40.6 | 12.54 | 21.7 | 34.57 | 31.76 | 82.1 | 19.22 | 74.1 | 18.81 | - |
| Other Current Assets | 3 | 2.17M | 3.5M | 3.9M | 3.01M | 2.29M | 1 | 6.94M | 10.09M | 37.74M | 151.62K | 199.85K | 837.03K | 2.33M | 1.61M | 34.4K | 0 | -354 | -96.54K | 463.59K |
| Total Non-Current Assets | 193.7M | 186.31M | 168.8M | 182.89M | 174.19M | 172.32M | 110.22M | 76.36M | 140.76M | 58.79M | 27.26M | 23.35M | 31.55M | 27.07M | 32.17M | 23.96M | 24.86M | 23.71M | 12.61M | 1.22M |
| Property, Plant & Equipment | 180.48M | 173.02M | 155.67M | 153.4M | 98.23M | 95.07M | 89M | 67.86M | 111.56M | 42.16M | 14.71M | 10.67M | 13.41M | 8.82M | 16.21M | 15.69M | 11.33M | 12.81M | 9.09M | 1.22M |
| Fixed Asset Turnover | 0.02x | 0.02x | 0.02x | 0.02x | 0.04x | 0.04x | 0.02x | 0.03x | 0.04x | 0.10x | 0.18x | 0.13x | 0.24x | 0.09x | 0.05x | 0.08x | 0.07x | 0.01x | 0.01x | 0.04x |
| Goodwill | 11.97M | 11.97M | 11.98M | 11.97M | 8.15M | 11.98M | 8.18M | 8.24M | 11.98M | 15.97M | 11.98M | 12.02M | 0 | 17.04M | 0 | 4.55M | 0 | 4.42M | 3.4M | 0 |
| Intangible Assets | 0 | 0 | 0 | 4.71K | 10.41K | 106.98K | 135.78K | 262.83K | 389.75K | 631.85K | 565.58K | 659.46K | 18.14M | 1.2M | 5.06M | 480.42K | 3.84M | 531.27K | 408.25K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 16.34M | 16.67M | 16.02M | 11.27M | 16.63M | 16.67M | 0 | 0 | 0 | 0 | 0 | 10.89M | 11.64M | 9.69M | 13.09M | 13.09M | 0 |
| Other Non-Current Assets | 1.24M | 1.31M | 1.16M | 976.24K | 51.13M | 49.14M | 1.63M | -76.36M | 168.71K | 23.68K | 0 | 0 | 8.64K | 8.63K | 8.56K | -8.41M | 0 | -7.14M | -14.52M | 0 |
| Total Assets | 282.83M | 239.04M | 226.1M | 240.74M | 263.34M | 280.89M | 189.59M | 219.25M | 302.98M | 203.12M | 49.68M | 74.77M | 34.36M | 34.92M | 37M | 25.33M | 29.94M | 26.11M | 13.4M | 2.92M |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | 0.01x | 0.01x | 0.01x | 0.02x | 0.04x | 0.03x | 0.08x | 0.03x | 0.02x | 0.04x | 0.03x | 0.00x | 0.00x | 0.01x |
| Asset Growth % | 25.09% | -0.71% | -14.14% | -14.29% | 38.9% | - | -37.42% | 43.95% | 509.87% | 171.68% | 44.59% | 114.1% | -7.12% | 37.84% | 23.55% | -2.99% | 123.45% | 792.82% | 296.71% | 2629.08% |
| Total Current Liabilities | 83.53M | 56.57M | 46.24M | 9.41M | 37.26M | 6.22M | 5.74M | 2.64M | 7.89M | 5.36M | 5.35M | 3.99M | 7.06M | 6.13M | 5.91M | 973.03K | 2.34M | 13.13M | 242.64K | 157.88K |
| Accounts Payable | 13.32M | 18.48M | 998.26K | 7.17M | 1.34M | 4.37M | 4.11M | 1.82M | 2.65M | 4.36M | 1.06M | 2.47M | 435.98K | 915.84K | 271.7K | 243.73K | 2.3M | 198.12K | 174.75K | 33.78K |
| Days Payables Outstanding | 116.37 | 50.74 | 26.02 | 386.6 | 19.69 | 18.9 | 25.36 | 54.39 | -334.47 | 44.58 | 54.57 | 23.9 | 21.48 | 29.94 | 15.36 | 255.59 | 82.26 | 49.02 | 13.54 | 75.48 |
| Short-Term Debt | 61M | 33.16M | 30.64M | 231.03K | 28.73M | 142.94K | 114.16K | 82.49K | 119.97K | 277.38K | 393.31K | 274.92K | 6.47M | 4.15M | 5.4M | 86.89K | 43.61K | 9.22M | 9.22M | 0 |
| Deferred Revenue (Current) | 146.43K | 3.47M | 126.06K | 324.13K | 285.22K | 254.17K | 71.98K | 2.71K | 2.71K | 310.3K | 159.66K | 98.14K | 14.57K | 0 | 245.92K | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 8.02M | 1.43M | 6.76M | 1.5M | 1.89M | 1.08M | 965K | 616.12K | 896.08K | 2.65K | 3.74M | 1M | 30 | 1M | 167 | 235.19K | 1.01K | 330.87K | -9.15M | -386 |
| Current Ratio | 1.07x | 0.93x | 1.24x | 6.15x | 2.39x | 17.45x | 13.72x | 54.11x | 20.56x | 26.92x | 4.18x | 7.17x | 0.40x | 1.28x | 0.82x | 1.41x | 2.17x | 0.18x | 3.27x | 10.80x |
| Quick Ratio | 1.04x | 0.90x | 1.21x | 5.94x | 2.34x | 17.18x | 13.35x | 54.11x | 20.32x | 26.53x | 3.87x | 6.93x | 0.32x | 1.15x | 0.72x | 0.92x | 2.02x | 0.16x | 1.96x | 10.98x |
| Cash Conversion Cycle | 239.94 | 395.34 | 141.92 | -101.95 | 55.35 | 39.36 | 98.01 | - | 378.67 | 28.96 | 21.54 | 38.7 | 25.29 | 32.8 | 64.35 | -17.2 | -28.5 | 826.37 | 126.39 | - |
| Total Non-Current Liabilities | 42.2M | 43.17M | 42.26M | 73.33M | 42.15M | 72.72M | 32.16M | 24.12M | 43.96M | 13.12M | 19.33M | 4.72M | 14.33M | 18.31M | 18.25M | 6.92M | 1.15M | 3.96M | 3.95M | 0 |
| Long-Term Debt | 42.2M | 36.97M | 32.78M | 63.16M | 34.67M | 62.98M | 35.08M | 24.72M | 35.95M | 5.99M | 12.21M | 1.94M | 11.53M | 18.31M | 18.25M | 4.09M | 1.15M | 2.43M | 2.43M | 0 |
| Capital Lease Obligations | 5.91M | 6.2M | 6.49M | 6.75M | 4.48M | 4.64M | 4.83M | 5.01M | 5.01M | 7.13M | 7.12M | 2.78M | 2.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | -4K | 0 | 0 | 0 | 21.13M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.83M | 0 | 1.53M | 1.52M | 0 |
| Other Non-Current Liabilities | -5.91M | 0 | 0 | 422.55K | 0 | 2.09M | 0 | -4.04M | 5.94K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 125.73M | 99.73M | 88.51M | 82.73M | 79.41M | 78.94M | 38.2M | 32.38M | 51.85M | 18.48M | 24.68M | 7.23M | 21.38M | 19.15M | 7.59M | 2.62M | 3.49M | 13.13M | 242.64K | 157.88K |
| Total Debt | 99.27M | 76.33M | 70.42M | 70.54M | 68.22M | 68.13M | 40.37M | 42.2M | 41.41M | 13.79M | 4.65M | 5.13M | 20.93M | 17.16M | 7.07M | 1.73M | 1.19M | 9.22M | 11.64M | 0 |
| Net Debt | 20.71M | 49.38M | 27.86M | 23.4M | -10.41M | -30.94M | -32.99M | -87.44M | -101.32M | -88.81M | -15.92M | -21.65M | 20.54M | 7.77M | 2.55M | 1.34M | -3.16M | 5.23M | 11.15M | -1.24M |
| Debt / Equity | 0.63x | 0.55x | 0.51x | 0.45x | 0.54x | 0.51x | 0.27x | 0.23x | 0.16x | 0.08x | 0.10x | 0.09x | 2.30x | 1.55x | 0.34x | 0.07x | 0.05x | 0.50x | 1.23x | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.46x | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.35x | - | - | - | - |
| Interest Coverage | -6.17x | -10.02x | -26.38x | -14.22x | -9.21x | -29.97x | -30.31x | -30.31x | -32.23x | -70.16x | -68.51x | -2.44x | -3.26x | -18.79x | -7.64x | -122.67x | -5.48x | -4.34x | - | -0.88x |
| Total Equity | 157.1M | 139.3M | 137.59M | 158.01M | 125.23M | 134.12M | 151.39M | 186.87M | 251.13M | 178.29M | 45.16M | 59.92M | 9.1M | 11.07M | 20.71M | 23.39M | 26.45M | 18.44M | 9.5M | 2.02M |
| Equity Growth % | 14.18% | -11.84% | 9.87% | 17.81% | -17.29% | - | -39.72% | 34.97% | 456.1% | 197.55% | 396% | 441.1% | -56.04% | -52.67% | -21.69% | 26.84% | 178.57% | 812.66% | 331% | 51549.9% |
| Book Value per Share | 0.90 | 0.89 | 1.10 | 1.29 | 1.02 | 1.10 | 1.24 | 1.54 | 2.16 | 1.54 | 0.39 | 0.52 | 0.08 | 0.10 | 0.18 | 0.20 | 0.23 | 0.16 | 0.08 | 0.02 |
| Total Shareholders' Equity | 157.1M | 139.3M | 137.59M | 158.01M | 125.23M | 134.12M | 151.39M | 186.87M | 251.13M | 138.45M | 45.16M | 59.92M | 9.1M | 11.07M | 20.71M | 23.39M | 26.45M | 20.84M | 9.5M | 2.02M |
| Common Stock | 485.32M | 392.54M | 367.54M | 338.43M | 230.4M | 224.57M | 231.06M | 220.4M | 338.01M | 167.74M | 79.88M | 99.85M | 26.78M | 26.79M | 26.88M | 28.25M | 29.79M | 22.21M | 10.69M | 2.94M |
| Retained Earnings | -352.28M | -279.81M | -259.67M | -213.47M | -125.85M | -110.7M | -94.72M | -55.34M | -110.74M | -58.88M | -57.54M | -63.86M | -35.69M | -30.77M | -16.09M | -13.11M | -9.43M | -7.38M | -2.48M | -929.51K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 24.06M | 26.57M | 29.72M | 33.2M | 20.67M | 20.25M | 15.05M | 40.59M | 23.86M | 33.13M | 22.75M | 30.54M | 17.97M | 15.01M | 9.92M | 8.19M | 6.09M | 6.02M | 1.29M | 8.64K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |