Novonix (NVX) Debt to Equity (2020 - 2025)

Novonix's Debt to Equity history spans 6 years, with the latest figure at $0.58 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 23.94% year-over-year to $0.58; the TTM value through Dec 2025 reached $0.58, up 23.94%, while the annual FY2025 figure was $0.58, 23.94% up from the prior year.
  • Debt to Equity reached $0.58 in Q4 2025 per NVX's latest filing, up from $0.47 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.58 in Q4 2025 to a low of $0.03 in Q2 2021.
  • Average Debt to Equity over 5 years is $0.26, with a median of $0.17 recorded in 2022.
  • Peak YoY movement for Debt to Equity: fell 0.58% in 2021, then surged 333.31% in 2022.
  • A 5-year view of Debt to Equity shows it stood at $0.03 in 2021, then soared by 356.81% to $0.16 in 2022, then increased by 24.49% to $0.19 in 2023, then surged by 142.46% to $0.47 in 2024, then rose by 23.94% to $0.58 in 2025.
  • Per Business Quant, the three most recent readings for NVX's Debt to Equity are $0.58 (Q4 2025), $0.47 (Q4 2024), and $0.19 (Q4 2023).