NovoCure (NVCR) Debt to Equity (2015 - 2026)
NovoCure's (NVCR) quarterly Debt to Equity came in at $0.59 in Q1 2026, up 119.52% year-on-year from $0.27 in Q1 2025, and up 3.17% quarter-over-quarter from $0.57 in Q4 2025.
NovoCure (NVCR) Debt to Equity (2015 - 2026) Analysis & Trends
NovoCure has disclosed Debt to Equity across 12 years of filings, most recently posting $0.59 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.59, up 119.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.59 (up 119.52% YoY), and the FY2025 annual result was $0.57, up 112.07% from the prior year.
- Debt to Equity came in at $0.59 for Q1 2026 at NovoCure, up from $0.57 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.59 in Q1 2024 to a low of $0.27 in Q2 2024.
- The 5-year median for Debt to Equity is $0.93 (2022), against an average of $0.87.
- Across the five-year window, Debt to Equity tumbled 83.02% in 2025 and soared 119.52% in 2026, its largest moves.
- NovoCure's Debt to Equity stood at $1.28 in 2022, then climbed by 12.55% to $1.44 in 2023, then tumbled by 81.27% to $0.27 in 2024, then soared by 112.07% to $0.57 in 2025, then grew by 3.17% to $0.59 in 2026.
- The last three Debt to Equity figures came in at $0.59 (Q1 2026), $0.57 (Q4 2025), and $0.57 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 0.65 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 0.64 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 0.57 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 0.42 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 0.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.71 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 0.95 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 0.27 |
| 10 | NovoCure | 1.63 Bn | 1.20 Bn | 135.13 Mn | 0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.59 |
| Dec 31, 2025 | 0.57 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 1.59 |
| Sep 30, 2023 | 1.44 |
| Jun 30, 2023 | 1.36 |
| Mar 31, 2023 | 1.31 |
| Dec 31, 2022 | 1.28 |
| Sep 30, 2022 | 1.27 |
| Jun 30, 2022 | 1.28 |
| Mar 31, 2022 | 1.29 |
| Dec 31, 2021 | 1.37 |
| Sep 30, 2021 | 1.36 |
| Jun 30, 2021 | 1.41 |
| Mar 31, 2021 | 1.50 |