Novocure Debt Ratio from 2010 to 2024

NVCR Stock

USD 18.78 1.05 5.92%

Novocure Debt Ratio yearly trend continues to be relatively stable with very little volatility. Debt Ratio is likely to grow to 0.52 this year. During the period from 2010 to 2024, Novocure Debt Ratio destribution of quarterly values had range of 0.5182 from its regression line and mean deviation of 0.20. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.49629841

Current Value

0.52

Quarterly Volatility

0.21806717

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Check Novocure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novocure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 7.7 M or Selling General Administrative of 87.6 M, as well as many indicators such as Price To Sales Ratio of 2.96, Dividend Yield of 0.0 or PTB Ratio of 4.16. Novocure financial statements analysis is a perfect complement when working with Novocure Valuation or Volatility modules.

Check out the analysis of Novocure Correlation against competitors.

To learn how to invest in Novocure Stock, please use our How to Invest in Novocure guide.

Latest Novocure's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Novocure over the last few years. It is Novocure's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novocure's overall financial position and show how it may be relating to other accounts over time.

Debt Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

Novocure Debt Ratio Regression Statistics

	Arithmetic Mean	0.26
	Geometric Mean	0.06
	Coefficient Of Variation	83.08
	Mean Deviation	0.20
	Median	0.34
	Standard Deviation	0.22
	Sample Variance	0.05
	Range	0.5182
	R-Value	0.93
	Mean Square Error	0.01
	R-Squared	0.87
	Slope	0.05
	Total Sum of Squares	0.67

Novocure Debt Ratio History

	2024	0.52
	2023	0.5
	2022	0.47
	2021	0.49
	2020	0.41
	2019	0.31
	2018	0.44

Other Fundumenentals of Novocure

Cash Flow To Debt Ratio

Novocure Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Property Plant Equipment	Long Term Investments	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital
Total Assets		0.93	0.95	0.91	-0.77	0.88	0.93	0.88	0.99	0.92	0.68	1.0	0.45	0.76	0.77	0.95	0.89	0.96	0.98	0.98
Total Stockholder Equity	0.93		0.97	0.78	-0.57	0.77	0.82	0.79	0.92	0.81	0.48	0.94	0.21	0.58	0.58	0.86	0.81	0.85	0.93	0.93
Net Tangible Assets	0.95	0.97		0.78	-0.63	0.8	0.83	0.73	0.92	0.83	0.49	0.95	0.27	0.61	0.63	0.85	0.83	0.92	0.93	0.93
Net Debt	0.91	0.78	0.78		-0.89	0.95	0.98	0.83	0.93	0.98	0.78	0.91	0.61	0.77	0.78	0.91	0.94	0.9	0.93	0.93
Retained Earnings	-0.77	-0.57	-0.63	-0.89		-0.89	-0.88	-0.77	-0.75	-0.89	-0.93	-0.76	-0.72	-0.75	-0.92	-0.83	-0.83	-0.82	-0.76	-0.75
Accounts Payable	0.88	0.77	0.8	0.95	-0.89		0.98	0.77	0.87	0.99	0.73	0.88	0.51	0.73	0.75	0.89	0.98	0.92	0.92	0.91
Long Term Debt	0.93	0.82	0.83	0.98	-0.88	0.98		0.83	0.92	1.0	0.76	0.93	0.52	0.75	0.77	0.93	0.98	0.93	0.96	0.96
Net Receivables	0.88	0.79	0.73	0.83	-0.77	0.77	0.83		0.86	0.83	0.78	0.88	0.45	0.8	0.83	0.95	0.73	0.81	0.85	0.86
Short Term Investments	0.99	0.92	0.92	0.93	-0.75	0.87	0.92	0.86		0.91	0.65	0.99	0.48	0.75	0.73	0.92	0.88	0.93	0.97	0.97
Total Liab	0.92	0.81	0.83	0.98	-0.89	0.99	1.0	0.83	0.91		0.77	0.92	0.53	0.75	0.79	0.94	0.98	0.93	0.95	0.95
Short Long Term Debt	0.68	0.48	0.49	0.78	-0.93	0.73	0.76	0.78	0.65	0.77		0.67	0.79	0.72	0.92	0.76	0.66	0.68	0.64	0.64
Total Current Assets	1.0	0.94	0.95	0.91	-0.76	0.88	0.93	0.88	0.99	0.92	0.67		0.44	0.75	0.76	0.95	0.89	0.95	0.98	0.98
Short Term Debt	0.45	0.21	0.27	0.61	-0.72	0.51	0.52	0.45	0.48	0.53	0.79	0.44		0.69	0.69	0.41	0.43	0.45	0.39	0.38
Property Plant Equipment	0.76	0.58	0.61	0.77	-0.75	0.73	0.75	0.8	0.75	0.75	0.72	0.75	0.69		0.76	0.76	0.68	0.73	0.71	0.71
Long Term Investments	0.77	0.58	0.63	0.78	-0.92	0.75	0.77	0.83	0.73	0.79	0.92	0.76	0.69	0.76		0.84	0.68	0.79	0.71	0.71
Current Deferred Revenue	0.95	0.86	0.85	0.91	-0.83	0.89	0.93	0.95	0.92	0.94	0.76	0.95	0.41	0.76	0.84		0.88	0.93	0.95	0.95
Long Term Debt Total	0.89	0.81	0.83	0.94	-0.83	0.98	0.98	0.73	0.88	0.98	0.66	0.89	0.43	0.68	0.68	0.88		0.92	0.94	0.94
Capital Surpluse	0.96	0.85	0.92	0.9	-0.82	0.92	0.93	0.81	0.93	0.93	0.68	0.95	0.45	0.73	0.79	0.93	0.92		0.96	0.95
Net Invested Capital	0.98	0.93	0.93	0.93	-0.76	0.92	0.96	0.85	0.97	0.95	0.64	0.98	0.39	0.71	0.71	0.95	0.94	0.96		1.0
Net Working Capital	0.98	0.93	0.93	0.93	-0.75	0.91	0.96	0.86	0.97	0.95	0.64	0.98	0.38	0.71	0.71	0.95	0.94	0.95	1.0

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About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Novocure investors may analyze each financial statement separately, they are all interrelated. The changes in Novocure's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novocure's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Debt Ratio	0.50	0.52
Cash Flow To Debt Ratio	(0.13)	(0.14)

Additional Tools for Novocure Stock Analysis

When running Novocure's price analysis, check to measure Novocure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novocure is operating at the current time. Most of Novocure's value examination focuses on studying past and present price action to predict the probability of Novocure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novocure's price. Additionally, you may evaluate how the addition of Novocure to your portfolios can decrease your overall portfolio volatility.

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Novocure Debt Ratio from 2010 to 2024

Latest Novocure's Debt Ratio Growth Pattern

Novocure Debt Ratio Regression Statistics

Novocure Debt Ratio History

Other Fundumenentals of Novocure

Novocure Debt Ratio component correlations

About Novocure Financial Statements

Additional Tools for Novocure Stock Analysis

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