Novonix annual current ratio
2020
2021
2022
2022
2023
2024
2025
Novonix Current Ratio Growth & History (NVX)
Novonix's current ratio was 1.07 for fiscal 2025.
View full Novonix company overviewNovonix annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.07 | −0.17 | −13.89% |
| 2024 | 2024-12-31 | 1.24 | −1.15 | −48.21% |
| 2023 | 2023-12-31 | 2.39 | −11.33 | −82.56% |
| 2022 · Dec 31 | 2022-12-31 | 13.72 | — | — |
| 2022 · Jun 30 | 2022-06-30 | 20.56 | −6.36 | −23.64% |
| 2021 | 2021-06-30 | 26.92 | 19.78 | +276.99% |
| 2020 | 2020-06-30 | 7.14 | — | — |
Novonix quarterly current ratio
Q4.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.97 | 0.03 | +3.72% |
| Q4 2025 | 2025-12-31 | 1.07 | −0.17 | −13.89% |
| Q2 2025 | 2025-06-30 | 0.93 | −5.22 | −84.85% |
| Q4 2024 | 2024-12-31 | 1.24 | −1.15 | −48.21% |
| Q2 2024 | 2024-06-30 | 6.15 | −11.30 | −64.74% |
| Q4 2023 | 2023-12-31 | 2.39 | −11.33 | −82.56% |
| Q2 2023 | 2023-06-30 | 17.45 | −3.11 | −15.11% |
| Q4 2022 · Dec 31 | 2022-12-31 | 13.72 | — | — |
| Q4 2022 · Jun 30 | 2022-06-30 | 20.56 | — | — |
Novonix current ratio trends
Between the periods ended 2020-06-30 and 2025-12-31, Novonix's current ratio decreased from 7.14 to 1.07, a change of −6.07. The latest reported quarter, Q2 2026, shows 0.97.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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