Novonix (NVX) Debt Ratio (2020 - 2025)

Novonix (NVX) has 6 years of Debt Ratio data on file, last reported at 0.33 in Q4 2025.

• For the quarter ending Q4 2025, Debt Ratio rose 16.38% year-over-year to 0.33; the trailing twelve-month figure through Dec 2025 stood at 0.33 (up 16.38% YoY), and the FY2025 full-year result was 0.33, up 16.38% from the prior year.
• Debt Ratio for Q4 2025 stood at 0.33, up from 0.29 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.33 in Q4 2025 and bottomed at 0.03 in Q2 2021.
• The 5-year median for Debt Ratio is 0.13 (2022), against an average of 0.17.
• The widest annual swing landed in 2021, when Debt Ratio climbed 5.05%; it then surged 295.12% in 2022.
• A 5-year view of Debt Ratio shows it stood at 0.03 in 2021, then surged by 309.5% to 0.13 in 2022, then rose by 6.71% to 0.13 in 2023, then soared by 111.24% to 0.29 in 2024, then gained by 16.38% to 0.33 in 2025.
• The last three Debt Ratio figures came in at 0.33 (Q4 2025), 0.29 (Q4 2024), and 0.13 (Q4 2023), per Business Quant data.

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