NovoCure (NVCR) Debt Ratio (2015 - 2026)
NovoCure's (NVCR) Debt Ratio stood at 0.25 in Q2 2026, down 53.3% from 0.53 a year earlier and down 0.7% from the prior quarter.
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Analysis
NovoCure (NVCR) Debt Ratio (2015 - 2026) Analysis & Trends
For FY2025, NovoCure's Debt Ratio came in at 0.24, down 54.1% from FY2024.
- Across earlier years, Debt Ratio came in at 0.53 in FY2024, 0.47 in FY2022 (-3.8%) and 0.49 in FY2021 (+20.7%).
- Quarterly Debt Ratio has ranged from 0.08 in Q2 2024 to 0.55 in Q3 2025 over the past five years.
- On a year-over-year basis, Debt Ratio has declined for three consecutive quarters, with growth averaging 59.2% over the last seven quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 559.7% in Q2 2025, against a decline of 83.7% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.25 (Q1 2026), 0.24 (Q4 2025) and 0.55 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | - |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 0.28 |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 0.04 |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 0.33 |
| 10 | NovoCure | 1.86 Bn | -491.82 Mn | 142.48 Mn | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.55 |
| Jun 30, 2025 | 0.53 |
| Mar 31, 2025 | 0.53 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.54 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.51 |
| Sep 30, 2023 | 0.50 |
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 0.48 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.48 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 0.50 |
| Jun 30, 2021 | 0.51 |
API Access
NovoCure Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NVCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NVCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();