Novonix (NVNXF) Short-term Investments (2022 - 2024)
Novonix (NVNXF) posted quarterly Short-term Investments of $16.3 million for Q2 2024, up 1.95% year-over-year from $16.0 million in Q3 2023, and down 1.98% quarter-over-quarter from $16.7 million in Q4 2023.
Novonix (NVNXF) Short-term Investments (2022 - 2024) Analysis & Trends
Novonix's Short-term Investments history runs 3 years deep, the most recent figure standing at $16.3 million for Q2 2024.
- In Q2 2024, Short-term Investments rose 1.95% year-over-year to $16.3 million; the TTM figure through Jun 2024 stood at $16.3 million (up 1.95% YoY), while the FY2023 annual figure was $16.7 million, up 1.07% from the prior year.
- Short-term Investments for Q2 2024 stood at $16.3 million, down from $16.7 million in the prior quarter.
- The five-year high for Short-term Investments was $17.3 million in Q2 2022, with the low at $16.0 million in Q2 2023.
- The 3-year median for Short-term Investments is $16.5 million (2022), against an average of $16.6 million.
- The sharpest annual moves came in 2023 and 2024: Short-term Investments decreased 7.49% in 2023, then rose 1.95% in 2024.
- Novonix's Short-term Investments stood at $16.5 million in 2022, then rose by 1.07% to $16.7 million in 2023, then fell by 1.98% to $16.3 million in 2024.
- Business Quant data shows NVNXF's Short-term Investments at $16.3 million in Q2 2024, $16.7 million in Q4 2023, and $16.0 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn |
| 10 | Novonix | 17.04 Mn | -70.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 16.34 Mn |
| Dec 31, 2023 | 16.67 Mn |
| Jun 30, 2023 | 16.02 Mn |
| Dec 31, 2022 | 16.49 Mn |
| Jun 30, 2022 | 17.32 Mn |