NovoCure (NVCR) Interest Coverage Ratio (2014 - 2022)
NovoCure recorded quarterly Interest Coverage Ratio of 9.48 in Q2 2022, down 1910.71% quarter-over-quarter from 0.47 in Q1 2022, and up 27.5% year-over-year from 7.44 in Q2 2021.
NovoCure's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 9.48 for Q2 2022.
- In Q2 2022, Interest Coverage Ratio rose 27.5% year-over-year to 9.48; the TTM figure through Mar 2023 stood at 66.86 (down 909.94% YoY), while the FY2021 annual figure was 5.73, down 331.66% from the prior year.
- Interest Coverage Ratio came in at 9.48 for Q2 2022 at 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.
- A 5-year average of 2.27 and a median of 1.79 in 2018 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio jumped 4121.37% in 2020 and plunged 1318.08% in 2022, its largest moves.
- NovoCure's Interest Coverage Ratio 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 sank by 390.65% to 10.76 in 2021, then gained by 11.85% to 9.48 in 2022.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 9.48, 0.47, and 10.76 for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 7.73 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 8.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 12.23 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -2.90 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 5.36 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 20.98 |
| 10 | NovoCure | 1.90 Bn | 1.47 Bn | 135.13 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -9.48 |
| Mar 31, 2022 | -0.47 |
| Dec 31, 2021 | -10.76 |
| Sep 30, 2021 | -4.32 |
| Jun 30, 2021 | -13.08 |
| Mar 31, 2021 | -0.03 |
| Dec 31, 2020 | 3.70 |
| Sep 30, 2020 | 3.77 |
| Jun 30, 2020 | 2.55 |
| Mar 31, 2020 | -1.39 |
| Dec 31, 2019 | 0.09 |
| Sep 30, 2019 | 1.51 |
| Jun 30, 2019 | 0.97 |
| Mar 31, 2019 | -2.58 |
| Dec 31, 2018 | -4.01 |
| Sep 30, 2018 | -2.19 |
| Jun 30, 2018 | -2.48 |
| Mar 31, 2018 | -2.61 |
| Dec 31, 2017 | -1.89 |
| Sep 30, 2017 | -2.75 |
| Jun 30, 2017 | -7.11 |
| Mar 31, 2017 | -5.47 |
| Dec 31, 2016 | -4.44 |
| Sep 30, 2016 | -12.91 |
| Jun 30, 2016 | -67.09 |
| Mar 31, 2016 | -58.17 |
| Dec 31, 2015 | -35.02 |
| Sep 30, 2015 | -29.96 |
| Jun 30, 2015 | -31.06 |
| Mar 31, 2015 | -37.13 |
| Dec 31, 2014 | -117.39 |
| Sep 30, 2014 | -337.83 |