NOVONIXFRA:GC3 -15.52%47 Current Ratio is 1.07 as of Dec. 2025, which is 50% below its 10-year median of 2.15. GuruFocus rates FRA:GC3 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 3,081 Industrial Products companies, NOVONIX ranks worse than 88.67% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. NOVONIX's current ratio for the quarter that ended in Dec. 2025 was 1.07.
NOVONIX has a current ratio of 1.07. It generally indicates good short-term financial strength.
The historical rank and industry rank for NOVONIX's Current Ratio or its related term are showing as below:
FRA:GC3'
s Current Ratio Range Over the Past 10 Years
Min: 0.22 Med: 2.15 Max: 26.92
Current: 1.07
During the past 11 years, NOVONIX's highest Current Ratio was 26.92. The lowest was 0.22. And the median was 2.15.
FRA:GC3's Current Ratio is ranked worse than 88.67% of 3081
companies
in the Industrial Products industry
Industry Median: 1.96
vs FRA:GC3: 1.07
NOVONIX (FRA:GC3) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
NOVONIX Current Ratio Related Terms
NOVONIX Current Ratio Historical Data
* Premium members only.
The historical data trend for NOVONIX's Current Ratio 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.
For the Electrical Equipment & Parts subindustry, NOVONIX's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NOVONIX Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NOVONIX's Current Ratio distribution charts can be found below:
* The bar in red indicates where NOVONIX's Current Ratio falls into.
* 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 (FRA:GC3) has a Current Ratio of 1.07 as of Dec. 2025. This is 50% below median its historical median of 2.15. Over the past decade, NOVONIX's Current Ratio has ranged from 0.22 to 26.92. According to the industry distribution chart, NOVONIX ranks #2732 out of 3081 companies in the Industrial Products industry, placing it in the top 88.7%.
Is NOVONIX's Current Ratio too high?
NOVONIX's current Current Ratio of 1.07 is 50% below median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 26.92. The Industrial Products industry median Current Ratio is 1.96. NOVONIX's value of 1.07 is 45.4% below this industry median. Based on the distribution chart, NOVONIX ranks #2732 out of 3081 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NOVONIX has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, NOVONIX ranks #2732 out of 3081 companies for Current Ratio. This places NOVONIX in the lower half of its industry. The industry median Current Ratio is 1.96. NOVONIX's value of 1.07 is 45.4% below this benchmark. Historically, NOVONIX's own Current Ratio has ranged from 0.22 to 26.92 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.96, NOVONIX has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,081 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NOVONIX's current Current Ratio of 1.07 is 45.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOVONIX's current Current Ratio is 1.07, which is 50% below median its own 10-year median of 2.15. 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 (FRA:GC3) has a current Current Ratio of 1.07. The current Current Ratio is 1.07, which is 50% below median its 10-year median of 2.15 and 45.4% below the Industrial Products industry median of 1.96. NOVONIX's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For NOVONIX (FRA:GC3), the current Current Ratio is 1.07 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 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.
47GF Score
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