Growth Metrics

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.

  • On a quarterly basis, Interest Coverage Ratio rose 27.5% to 9.48 in Q2 2022 year-over-year; TTM through Mar 2023 was 66.86, a 909.94% decrease, with the full-year FY2021 number at 5.73, down 331.66% from a year prior.
  • Interest Coverage Ratio hit 9.48 in Q2 2022 for NovoCure, down from 0.47 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for NVCR hit a ceiling of 3.77 in Q3 2020 and a floor 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.
  • Tracing NVCR's Interest Coverage Ratio over 5 years: 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.
  • 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.