Growth Metrics

NovoCure (NVCR) Interest Coverage Ratio (2016 - 2022)

NovoCure (NVCR) has disclosed Interest Coverage Ratio for 9 consecutive years, with 9.48 as the latest value for Q2 2022.

  • Quarterly Interest Coverage Ratio rose 27.5% to 9.48 in Q2 2022 from the year-ago period, while the trailing twelve-month figure was 66.86 through Mar 2023, down 909.94% year-over-year, with the annual reading at 5.73 for FY2021, 331.66% down from the prior year.
  • Interest Coverage Ratio hit 9.48 in Q2 2022 for NovoCure, down from 0.47 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 3.77 in Q3 2020 to a low of 13.08 in Q2 2021.
  • Historically, Interest Coverage Ratio has averaged 2.27 across 5 years, with a median of 1.79 in 2018.
  • Biggest five-year swings in Interest Coverage Ratio: surged 4121.37% in 2020 and later tumbled 1318.08% in 2022.
  • Year by year, Interest Coverage Ratio stood at 4.01 in 2018, then skyrocketed by 102.19% to 0.09 in 2019, then soared by 4121.37% to 3.7 in 2020, then tumbled by 390.65% to 10.76 in 2021, then increased by 11.85% to 9.48 in 2022.
  • Business Quant data shows Interest Coverage Ratio for NVCR at 9.48 in Q2 2022, 0.47 in Q1 2022, and 10.76 in Q4 2021.