Novocure Return On Equity from 2010 to 2024
| NVCR Stock | USD 17.73 0.64 3.74% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.57) | Current Value (0.60) | Quarterly Volatility 0.26632733 |
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.
Novocure | Return On Equity |
Latest Novocure's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Novocure over the last few years. Return on Equity is the amount of Novocure net income returned as a percentage of Novocure equity. Return on equity measures Novocure profitability by revealing how much profit Novocure generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Novocure's Return On Equity 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.
| View | Last Reported -0.4 | 10 Years Trend |
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Return On Equity |
| Timeline |
Novocure Return On Equity Regression Statistics
| Arithmetic Mean | (0.44) | |
| Geometric Mean | 0.33 | |
| Coefficient Of Variation | (60.34) | |
| Mean Deviation | 0.19 | |
| Median | (0.45) | |
| Standard Deviation | 0.27 | |
| Sample Variance | 0.07 | |
| Range | 0.9678 | |
| R-Value | 0.27 | |
| Mean Square Error | 0.07 | |
| R-Squared | 0.07 | |
| Significance | 0.34 | |
| Slope | 0.02 | |
| Total Sum of Squares | 0.99 |
Novocure Return On Equity History
About Novocure Financial Statements
Novocure shareholders use historical fundamental indicators, such as Return On Equity, 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 | ||
| Return On Equity | (0.57) | (0.60) |
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.