NovoCure (NVCR) Interest Expenses (2014 - 2022)
NovoCure's (NVCR) quarterly Interest Expenses came in at $2.2 million in Q2 2022, up 137.02% year-on-year from $940000.0 in Q2 2021, and up 30.37% quarter-over-quarter from $1.7 million in Q1 2022.
NovoCure (NVCR) Interest Expenses (2014 - 2022) Analysis & Trends
NovoCure has disclosed Interest Expenses across 9 years of filings, most recently posting $2.2 million for Q2 2022.
- Interest Expenses for Q2 2022 came in at $2.2 million, up 137.02% year-over-year; the trailing twelve-month figure through Mar 2023 was $2.2 million (down 67.26% YoY), and the FY2021 annual result was $7.7 million, down 37.05% from the prior year.
- Interest Expenses came in at $2.2 million for Q2 2022 at NovoCure, up from $1.7 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $4.9 million in Q1 2018 to a low of $940000.0 in Q2 2021.
- The 5-year median for Interest Expenses is $2.4 million (2018), against an average of $2.5 million.
- Across the five-year window, Interest Expenses tumbled 64.08% in 2021 and surged 137.02% in 2022, its largest moves.
- NovoCure's Interest Expenses stood at $2.2 million in 2018, then declined by 19.21% to $1.7 million in 2019, then surged by 87.22% to $3.3 million in 2020, then sank by 33.43% to $2.2 million in 2021, then gained by 2.44% to $2.2 million in 2022.
- The last three Interest Expenses figures came in at $2.2 million (Q2 2022), $1.7 million (Q1 2022), and $2.2 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 174.00 Mn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 148.00 Mn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 181.00 Mn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 90.00 Mn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -97.17 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 96.00 Mn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 15.10 Mn |
| 10 | NovoCure | 1.63 Bn | 1.20 Bn | 135.13 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 2.23 Mn |
| Jun 30, 2022 | 2.23 Mn |
| Mar 31, 2022 | 1.71 Mn |
| Mar 31, 2022 | 1.71 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Sep 30, 2021 | 1.98 Mn |
| Sep 30, 2021 | 1.98 Mn |
| Jun 30, 2021 | 940,000.00 |
| Jun 30, 2021 | 940,000.00 |
| Mar 31, 2021 | 2.65 Mn |
| Mar 31, 2021 | 2.65 Mn |
| Dec 31, 2020 | 3.27 Mn |
| Dec 31, 2020 | 3.27 Mn |
| Sep 30, 2020 | 3.98 Mn |
| Sep 30, 2020 | 3.98 Mn |
| Jun 30, 2020 | 2.62 Mn |
| Jun 30, 2020 | 2.62 Mn |
| Mar 31, 2020 | 2.43 Mn |
| Mar 31, 2020 | 2.43 Mn |