Novonix annual net debt
2020
2021
2022
2022
2023
2024
2025
Novonix Net Debt Growth & History (NVX)
Novonix's net debt was $20.5M for fiscal 2025.
View full Novonix company overviewNovonix annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.5M | −$8.4M | −29.16% |
| 2024 | 2024-12-31 | $28.9M | $38.2M | — |
| 2023 | 2023-12-31 | −$9.3M | $48.4M | — |
| 2022 · Dec 31 | 2022-12-31 | −$57.7M | — | — |
| 2022 · Jun 30 | 2022-06-30 | −$100.4M | −$8.2M | — |
| 2021 | 2021-06-30 | −$92.2M | −$69.1M | — |
| 2020 | 2020-06-30 | −$23.2M | — | — |
Novonix quarterly net debt
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $31.8M | −$15.2M | −32.35% |
| Q4 2025 | 2025-12-31 | $20.5M | −$8.4M | −29.16% |
| Q2 2025 | 2025-06-30 | $47.0M | $22.4M | +90.97% |
| Q4 2024 | 2024-12-31 | $28.9M | $38.2M | — |
| Q2 2024 | 2024-06-30 | $24.6M | $54.5M | — |
| Q4 2023 | 2023-12-31 | −$9.3M | $48.4M | — |
| Q2 2023 | 2023-06-30 | −$29.9M | — | — |
| Q4 2022 · Dec 31 | 2022-12-31 | −$57.7M | — | — |
Novonix net debt trends
Between the periods ended 2020-06-30 and 2025-12-31, Novonix's net debt increased from −$23.2M to $20.5M, a change of $43.6M. The latest reported quarter, Q2 2026, shows $31.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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