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Nova Lithium (XCNQ:NVLI) Growth Rank : 0 (As of Jun. 22, 2024)


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What is Nova Lithium Growth Rank?

Nova Lithium has the Growth Rank of 0.

GuruFocus Growth Rank measures the growth of a company in terms of its revenue and profitability. Historically, the companies with the highest growth ranks performed the best over the long term. It is calculated using the following criteria:

1. 5-year revenue growth rate, the higher, the better.
2. 3-year revenue growth rate, the higher, the better.
3. 5-year EBITDA growth rate, the higher, the better.
4. The predictability of 5-year revenue. The most consistent it is, the higher the rank.

GuruFocus found that the Growth Rank is the second of the two most-sensitive parameters among the five parameters checked. Please click GF Score to see more details on GF Score's 5 Key Aspects of Analysis.

Please note that we are using the five-year EBITDA growth rate as a parameter, so the company needs to have had positive growth over that time. The reason we use EBITDA instead of earnings per share is that with EBITDA, we can rank a lot more companies since a company may have positive EBITDA but negative EPS. Since we are looking at the growth here, EBITDA gives us a pretty clear picture about the growth in the company's business operations.


Nova Lithium Growth Rank Related Terms

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Nova Lithium (XCNQ:NVLI) Business Description

Traded in Other Exchanges
Address
1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2
Nova Lithium Corp is engaged in the exploration and evaluation of resource properties. The company is predominantly engaged in the acquisition, exploration and development of lithium brine and lithium clay properties. It holds 100% interest in Deer Musk West Project.

Nova Lithium (XCNQ:NVLI) Headlines

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