NovoCure (NVCR) Interest Coverage Ratio (2016 - 2022)
NovoCure's Interest Coverage Ratio history spans 9 years, with the latest figure at 9.48 for Q2 2022.
- For Q2 2022, Interest Coverage Ratio rose 27.5% year-over-year to 9.48; the TTM value through Mar 2023 reached 66.86, down 909.94%, while the annual FY2021 figure was 5.73, 331.66% down from the prior year.
- Interest Coverage Ratio for Q2 2022 was 9.48 at NovoCure, down from 0.47 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.77 in Q3 2020 and bottomed at 13.08 in Q2 2021.
- The 5-year median for Interest Coverage Ratio is 1.79 (2018), against an average of 2.27.
- The largest annual shift saw Interest Coverage Ratio skyrocketed 4121.37% in 2020 before it plummeted 1318.08% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 4.01 in 2018, then soared by 102.19% to 0.09 in 2019, then surged by 4121.37% to 3.7 in 2020, then plummeted by 390.65% to 10.76 in 2021, then grew by 11.85% to 9.48 in 2022.
- Per Business Quant, the three most recent readings for NVCR's Interest Coverage Ratio are 9.48 (Q2 2022), 0.47 (Q1 2022), and 10.76 (Q4 2021).