Novonix (NVX) Equity Ratio (2020 - 2025)

Novonix (NVX) has 6 years of Equity Ratio data on file, last reported at 0.57 in Q4 2025.

• For the quarter ending Q4 2025, Equity Ratio fell 6.1% year-over-year to 0.57; the trailing twelve-month figure through Dec 2025 stood at 0.57 (down 6.1% YoY), and the FY2025 full-year result was 0.57, down 6.1% from the prior year.
• Equity Ratio for Q4 2025 stood at 0.57, down from 0.61 in the prior quarter.
• Across five years, Equity Ratio topped out at 0.91 in Q2 2021 and bottomed at 0.57 in Q4 2025.
• The 5-year median for Equity Ratio is 0.76 (2022), against an average of 0.74.
• The widest annual swing landed in 2021, when Equity Ratio rose 5.66%; it then slipped 14.28% in 2023.
• A 5-year view of Equity Ratio shows it stood at 0.91 in 2021, then declined by 10.36% to 0.81 in 2022, then declined by 14.28% to 0.7 in 2023, then slipped by 12.87% to 0.61 in 2024, then retreated by 6.1% to 0.57 in 2025.
• The last three Equity Ratio figures came in at 0.57 (Q4 2025), 0.61 (Q4 2024), and 0.7 (Q4 2023), per Business Quant data.

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