Novonix Net Receivables from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Net Receivables yearly trend continues to be fairly stable with very little volatility. Net Receivables is likely to outpace its year average in 2024. During the period from 2010 to 2024, Novonix Net Receivables regression line of annual values had r-squared of  0.80 and arithmetic mean of  1,074,164. View All Fundamentals
 
Net Receivables  
First Reported
2014-12-31
Previous Quarter
2.4 M
Current Value
2.5 M
Quarterly Volatility
914 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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Novonix Ltd ADR over the last few years. It is Novonix's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Novonix Net Receivables Regression Statistics

Arithmetic Mean1,074,164
Geometric Mean264,435
Coefficient Of Variation123.81
Mean Deviation1,116,967
Median478,403
Standard Deviation1,329,933
Sample Variance1.8T
Range3.7M
R-Value0.89
Mean Square Error384.9B
R-Squared0.80
Slope265,643
Total Sum of Squares24.8T

Novonix Net Receivables History

20243.7 M
20233.6 M
20221.9 M
20212.5 M
2020M
2019843.6 K
2018478.4 K

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Net Receivables, 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
Net Receivables3.6 M3.7 M

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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.