Novonix Free Cash Flow Yield from 2010 to 2024

NVX Stock  USD 1.65  0.01  0.61%   
Novonix Free Cash Flow Yield yearly trend continues to be fairly stable with very little volatility. Free Cash Flow Yield is likely to outpace its year average in 2024. Free Cash Flow Yield is a financial solvency ratio that compares the free cash flow per share Novonix Ltd ADR is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. View All Fundamentals
 
Free Cash Flow Yield  
First Reported
2010-12-31
Previous Quarter
(0.23)
Current Value
(0.22)
Quarterly Volatility
0.07648728
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 16.1 M, as well as many indicators such as Price To Sales Ratio of 19.13, Dividend Yield of 0.0167 or PTB Ratio of 1.4. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Free Cash Flow Yield Growth Pattern

Below is the plot of the Free Cash Flow Yield of Novonix Ltd ADR over the last few years. It is a financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. Novonix's Free Cash Flow Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow Yield10 Years Trend
Slightly volatile
   Free Cash Flow Yield   
       Timeline  

Novonix Free Cash Flow Yield Regression Statistics

Arithmetic Mean(0.05)
Coefficient Of Variation(156.97)
Mean Deviation0.06
Median(0.02)
Standard Deviation0.08
Sample Variance0.01
Range0.2268
R-Value(0.78)
Mean Square Error0
R-Squared0.61
Significance0.0006
Slope(0.01)
Total Sum of Squares0.08

Novonix Free Cash Flow Yield History

2024 -0.22
2023 -0.23
2022 -0.0608
2021 -0.11
2020 -0.0249
2019 -0.0184
2018 -0.0287

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Free Cash Flow Yield, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Free Cash Flow Yield(0.23)(0.22)

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Additional Tools for Novonix Stock Analysis

When running Novonix's price analysis, check to measure Novonix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.