Novonix Income Tax Expense from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Novonix Income Tax Expense regression line of annual values had significance of  0.42 and arithmetic mean of  227,447. View All Fundamentals
 
Income Tax Expense  
First Reported
2015-09-30
Previous Quarter
-208.6 K
Current Value
(2.00)
Quarterly Volatility
512.9 K
 
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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Novonix Ltd ADR over the last few years. It is Novonix's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Novonix Income Tax Expense Regression Statistics

Arithmetic Mean227,447
Coefficient Of Variation357.46
Mean Deviation530,169
Median(42,885)
Standard Deviation813,026
Sample Variance661B
Range2.6M
R-Value0.23
Mean Square Error675.6B
R-Squared0.05
Significance0.42
Slope41,010
Total Sum of Squares9.3T

Novonix Income Tax Expense History

2024-190 K
2023-199.9 K
2022 1.37
20212.1 M
2020 -4.0
20192.4 M
2018-268.7 K

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Income Tax Expense, 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
Income Tax Expense-199.9 K-190 K

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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.