Novonix Retained Earnings from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Retained Earnings yearly trend continues to be fairly stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Novonix Ltd ADR retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2014-12-31
Previous Quarter
-125.8 M
Current Value
-213.5 M
Quarterly Volatility
49.8 M
 
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 Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Novonix Ltd ADR over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Novonix's Retained Earnings 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.
ViewLast Reported (271.21 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Novonix Retained Earnings Regression Statistics

Arithmetic Mean(60,975,486)
Coefficient Of Variation(148.76)
Mean Deviation68,182,228
Median(13,007,233)
Standard Deviation90,706,365
Sample Variance8227.6T
Range270.7M
R-Value(0.82)
Mean Square Error2839.1T
R-Squared0.68
Significance0.0002
Slope(16,720,193)
Total Sum of Squares115187T

Novonix Retained Earnings History

2024-257.6 M
2023-271.2 M
2022-94.7 M
2021-110.7 M
2020-81.9 M
2019-43.9 M
2018-30.7 M

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Retained Earnings, 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
Retained Earnings-271.2 M-257.6 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.