NOVONIX Ltd (NVX) Debt Ratio (2020 - 2025)
Novonix (NVX) posted quarterly Debt Ratio of 0.44 for Q4 2025, up 53.94% year-over-year from 0.29 in Q4 2024, and up 57.31% quarter-over-quarter from 0.28 in Q2 2025.
NOVONIX Ltd (NVX) Debt Ratio (2020 - 2025) Analysis & Trends
Novonix's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.44 for Q4 2025.
- In Q4 2025, Debt Ratio rose 53.94% year-over-year to 0.44; the TTM figure through Dec 2025 stood at 0.44 (up 53.94% YoY), while the FY2025 annual figure was 0.44, up 53.94% from the prior year.
- Debt Ratio for Q4 2025 stood at 0.44, up from 0.28 in the prior quarter.
- The five-year high for Debt Ratio was 0.44 in Q4 2025, with the low at 0.03 in Q2 2021.
- The 5-year median for Debt Ratio is 0.23 (2023), against an average of 0.23.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio jumped 295.12% in 2022, then fell 28.57% in 2025.
- Novonix's Debt Ratio stood at 0.11 in 2021, then rose by 14.94% to 0.13 in 2022, then jumped by 89.87% to 0.24 in 2023, then grew by 18.73% to 0.29 in 2024, then jumped by 53.94% to 0.44 in 2025.
- Business Quant data shows NVX's Debt Ratio at 0.44 in Q4 2025, 0.28 in Q2 2025, and 0.29 in Q4 2024.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.44 |
| Jun 30, 2025 | 0.28 |
| Dec 31, 2024 | 0.29 |
| Jun 30, 2024 | 0.39 |
| Dec 31, 2023 | 0.24 |
| Jun 30, 2023 | 0.23 |
| Dec 31, 2022 | 0.13 |
| Jun 30, 2022 | 0.12 |
| Dec 31, 2021 | 0.11 |
| Jun 30, 2021 | 0.03 |
| Jun 30, 2020 | 0.03 |