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Novonix Ltd
ASX:NVX

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Novonix Ltd
ASX:NVX
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Price: 0.255 AUD -8.93% Market Closed
Market Cap: AU$219.3m

Bankruptcy Probability

Novonix Ltd's probability of bankruptcy is 2%, pointing to a small but noticeable default risk. The solvency score is 63/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & ST Investments
+
3Y
-
5Y
+216%
10Y
-
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
-6%
5Y
+786%
10Y
-

Solvency Ratios

Solvency Ratios Comparison
Novonix Ltd Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
AU
Novonix Ltd
ASX:NVX
214.2m AUD
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JP
Keyence Corp
TSE:6861
14T JPY
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US
Keysight Technologies Inc
NYSE:KEYS
50B USD
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CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
280.7B CNY
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US
Teledyne Technologies Inc
NYSE:TDY
28.8B USD
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CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
193.2B CNY
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SE
Hexagon AB
STO:HEXA B
238.8B SEK
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TW
Chroma ATE Inc
TWSE:2360
650.2B TWD
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UK
Halma PLC
LSE:HLMA
14.8B GBP
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US
Trimble Inc
NASDAQ:TRMB
15.4B USD
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CN
Huagong Tech Co Ltd
SZSE:000988
100.9B CNY
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No Stocks Found
Is Novonix Ltd at risk of bankruptcy?

Novonix Ltd's probability of bankruptcy is 2%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Novonix Ltd have?

As of the latest report, Novonix Ltd has total debt of 37.7m USD. This includes both short-term (0 USD) and long-term (37.7m USD) debt.

You can find a full breakdown on its Balance Sheet.

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