NVX (NOVONIX) Construction In Progress: $122.17 Mil (As of Dec. 2025)


NVX NOVONIX Ltd NVX
43 GF Score
Price $0.45
! 4 Warning Signs
View Full Analysis

What is NOVONIX Construction In Progress?

NOVONIX NVX +0.92% 43 Construction In Progress is $122.17 Mil as of Dec. 2025. GuruFocus rates NVX with a GF Score™ of 43/100. The stock has 4 warning signs investors should review.

NOVONIX's quarterly construction in progress declined from Jun. 2025 ($105.02 Mil) to Sep. 2025 ($0.00 Mil) but then increased from Sep. 2025 ($0.00 Mil) to Dec. 2025 ($122.17 Mil).

NOVONIX's annual construction in progress increased from Dec. 2023 ($72.05 Mil) to Dec. 2024 ($85.96 Mil) and increased from Dec. 2024 ($85.96 Mil) to Dec. 2025 ($122.17 Mil).

NOVONIX Construction In Progress Historical Data

* Premium members only.

The historical data trend for NOVONIX's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NOVONIX Construction In Progress Chart

NOVONIX Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.33 34.76 72.05 85.96 122.17

NOVONIX Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 105.02 0.00 122.17 0.00
NVX
43GF Score
NOVONIX Ltd NVX
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOVONIX Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $122.17 Mil mean?
NOVONIX (NVX) has a Construction In Progress of $122.17 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on NOVONIX and its competitors.
Is NOVONIX's Construction In Progress too high?
NOVONIX's current Construction In Progress is $122.17 Mil. Overall, NOVONIX has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's Construction In Progress compare to VRT and BE?
NOVONIX's Construction In Progress of $122.17 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Industrial Products company?
A good Construction In Progress depends on the Industrial Products industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on NOVONIX and its competitors. NOVONIX's current Construction In Progress is $122.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOVONIX stock overvalued right now?
NOVONIX (NVX) has a current Construction In Progress of $122.17 Mil. The current Construction In Progress is $122.17 Mil. NOVONIX's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For NOVONIX (NVX), the current Construction In Progress is $122.17 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NOVONIX Business Description

Address 1029 West 19th Street, Chattanooga, TN, USA, 37408
NOVONIX Ltd is a battery technology company developing and scaling materials and equipment critical to the lithium-ion battery supply chain. The company has three operating segments: Battery Materials: It develops and manufactures battery anode materials, ii) Battery Technology: It develops and manufactures battery cell testing equipment, performs consulting services and carries out research and development in battery development, and Graphite Exploration: It manages the maintenance and future development of Mount Dromedary natural graphite deposit. The majority of the company's revenue is derived from the Battery Technology segment. Geographically, the maximum revenue is derived from North America, followed by Asia, and Europe.
43GF Score

Get the complete analysis for NVX

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.45
Price