Novonix annual debt-to-assets ratio
2020
2021
2022
2022
2023
2024
2025
Novonix Debt-to-Assets Ratio Growth & History (NVX)
Novonix's debt-to-assets ratio was 0.35 for fiscal 2025.
View full Novonix company overviewNovonix annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.35 | 0.04 | +12.22% |
| 2024 | 2024-12-31 | 0.32 | 0.05 | +19.94% |
| 2023 | 2023-12-31 | 0.26 | 0.11 | +76.81% |
| 2022 · Dec 31 | 2022-12-31 | 0.15 | — | — |
| 2022 · Jun 30 | 2022-06-30 | 0.14 | 0.07 | +105.37% |
| 2021 | 2021-06-30 | 0.07 | −0.00 | −0.29% |
| 2020 | 2020-06-30 | 0.07 | — | — |
Novonix quarterly debt-to-assets ratio
Q4.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.34 | 0.04 | +14.72% |
| Q4 2025 | 2025-12-31 | 0.35 | 0.04 | +12.22% |
| Q2 2025 | 2025-06-30 | 0.30 | 0.00 | +0.85% |
| Q4 2024 | 2024-12-31 | 0.32 | 0.05 | +19.94% |
| Q2 2024 | 2024-06-30 | 0.30 | 0.05 | +20.88% |
| Q4 2023 | 2023-12-31 | 0.26 | 0.11 | +76.81% |
| Q2 2023 | 2023-06-30 | 0.25 | 0.11 | +76.46% |
| Q4 2022 · Dec 31 | 2022-12-31 | 0.15 | — | — |
| Q4 2022 · Jun 30 | 2022-06-30 | 0.14 | — | — |
Novonix debt-to-assets ratio trends
Between the periods ended 2020-06-30 and 2025-12-31, Novonix's debt-to-assets ratio increased from 0.07 to 0.35, a change of 0.29. The latest reported quarter, Q2 2026, shows 0.34.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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