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NOVONIXFRA:GC3 +31.96%27 Equity-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates FRA:GC3 with a GF Score™ of 27/100. The stock has 4 warning signs investors should review. Among 3,073 Industrial Products companies, NOVONIX ranks better than 51.16% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NOVONIX's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €0.00 Mil. NOVONIX's Total Assets for the quarter that ended in Mar. 2026 was €0.00 Mil.
The historical rank and industry rank for NOVONIX's Equity-to-Asset or its related term are showing as below:
FRA:GC3'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.81 Max: 0.98
Current: 0.57
During the past 11 years, the highest Equity to Asset Ratio of NOVONIX was 0.98. The lowest was 0.38. And the median was 0.81.
FRA:GC3's Equity-to-Asset is ranked better than 51.16% of 3073
companies
in the Industrial Products industry
Industry Median: 0.57
vs FRA:GC3: 0.57
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
NOVONIX Equity-to-Asset Related Terms
NOVONIX Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NOVONIX's Equity-to-Asset 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 Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NOVONIX's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NOVONIX's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
NOVONIX's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.00 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NOVONIX and its competitors. Over the past decade, NOVONIX's Equity-to-Asset has ranged from 0.38 to 0.98. According to the industry distribution chart, NOVONIX ranks #1501 out of 3073 companies in the Industrial Products industry, placing it in the top 48.8%.
Is NOVONIX's Equity-to-Asset too high?
NOVONIX's current Equity-to-Asset is 0.00. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 0.98. Based on the distribution chart, NOVONIX ranks #1501 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint. Overall, NOVONIX has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, NOVONIX ranks #1501 out of 3073 companies for Equity-to-Asset. This puts NOVONIX in the upper half of its industry. The industry median Equity-to-Asset is 0.57. Historically, NOVONIX's own Equity-to-Asset has ranged from 0.38 to 0.98 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.57, based on 3,073 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NOVONIX and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOVONIX's current Equity-to-Asset is 0.00. 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 Equity-to-Asset of 0.00. The current Equity-to-Asset is 0.00. NOVONIX's overall GF Score™ is 27/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For NOVONIX (FRA:GC3), the current Equity-to-Asset is 0.00 as of Mar. 2026. 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.
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