Novonix Price To Free Cash Flows Ratio from 2010 to 2024

NVX Stock  USD 1.65  0.01  0.61%   
Novonix Price To Free Cash Flows Ratio yearly trend continues to be fairly stable with very little volatility. Price To Free Cash Flows Ratio will likely drop to -4.63 in 2024. During the period from 2010 to 2024, Novonix Price To Free Cash Flows Ratio regression line of annual values had significance of  0.0002 and arithmetic mean of (118,201). View All Fundamentals
 
Price To Free Cash Flows Ratio  
First Reported
2010-12-31
Previous Quarter
(4.41)
Current Value
(4.63)
Quarterly Volatility
173 K
 
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 Price To Free Cash Flows Ratio Growth Pattern

Below is the plot of the Price To Free Cash Flows Ratio of Novonix Ltd ADR over the last few years. It is Novonix's Price To Free Cash Flows Ratio 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.
Price To Free Cash Flows Ratio10 Years Trend
Slightly volatile
   Price To Free Cash Flows Ratio   
       Timeline  

Novonix Price To Free Cash Flows Ratio Regression Statistics

Arithmetic Mean(118,201)
Coefficient Of Variation(146.33)
Mean Deviation157,546
Median(54.41)
Standard Deviation172,968
Sample Variance29.9B
Range354.5K
R-Value0.82
Mean Square Error10.6B
R-Squared0.67
Significance0.0002
Slope31,653
Total Sum of Squares418.9B

Novonix Price To Free Cash Flows Ratio History

2024 -4.63
2023 -4.41
2022 -16.44
2021 -9.37
2020 -40.17
2019 -54.41
2018 -34.79

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Price To Free Cash Flows Ratio, 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
Price To Free Cash Flows Ratio(4.41)(4.63)

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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.