Growth Metrics

NovoCure (NVCR) Interest Expenses (2014 - 2022)

NovoCure recorded quarterly Interest Expenses of $2.2 million in Q2 2022, up 30.37% quarter-over-quarter from $1.7 million in Q1 2022, and up 137.02% year-over-year from $940000.0 in Q2 2021.

NovoCure's Interest Expenses history runs 9 years deep, the most recent figure standing at $2.2 million for Q2 2022.

  • In Q2 2022, Interest Expenses rose 137.02% year-over-year to $2.2 million; the TTM figure through Mar 2023 stood at $2.2 million (down 67.26% YoY), while the FY2021 annual figure 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.
  • A 5-year average of $2.5 million and a median of $2.4 million in 2018 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses slumped 64.08% in 2021 and soared 137.02% in 2022, its largest moves.
  • NovoCure's Interest Expenses stood at $2.2 million in 2018, then fell by 19.21% to $1.7 million in 2019, then soared by 87.22% to $3.3 million in 2020, then plunged by 33.43% to $2.2 million in 2021, then advanced by 2.44% to $2.2 million in 2022.
  • According to Business Quant data, Interest Expenses over the past three periods registered $2.2 million, $1.7 million, and $2.2 million for Q2 2022, Q1 2022, and Q4 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 174.00 Mn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 148.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 181.00 Mn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 90.00 Mn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn -
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -97.17 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 96.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 15.10 Mn
10 NovoCure 1.90 Bn 1.47 Bn 135.13 Mn -

Historic Data

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DateValue
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
Dec 31, 2019 1.75 Mn
Dec 31, 2019 1.75 Mn
Sep 30, 2019 2.56 Mn
Sep 30, 2019 2.56 Mn
Jun 30, 2019 1.24 Mn
Jun 30, 2019 1.24 Mn
Mar 31, 2019 2.37 Mn
Mar 31, 2019 2.37 Mn
Dec 31, 2018 2.16 Mn
Dec 31, 2018 2.16 Mn
Sep 30, 2018 2.40 Mn
Sep 30, 2018 2.40 Mn
Jun 30, 2018 2.86 Mn
Jun 30, 2018 2.86 Mn
Mar 31, 2018 4.85 Mn
Mar 31, 2018 4.85 Mn
Dec 31, 2017 2.38 Mn
Dec 31, 2017 2.38 Mn
Sep 30, 2017 2.16 Mn
Sep 30, 2017 2.16 Mn
Jun 30, 2017 2.18 Mn
Jun 30, 2017 2.18 Mn
Mar 31, 2017 2.45 Mn
Mar 31, 2017 2.45 Mn
Dec 31, 2016 4.03 Mn
Dec 31, 2016 4.03 Mn
Sep 30, 2016 2.19 Mn
Sep 30, 2016 2.19 Mn
Jun 30, 2016 555,000.00
Jun 30, 2016 555,000.00
Mar 31, 2016 549,000.00
Mar 31, 2016 549,000.00
Dec 31, 2015 874,000.00
Dec 31, 2015 874,000.00
Sep 30, 2015 809,000.00
Sep 30, 2015 809,000.00
Jun 30, 2015 876,000.00
Jun 30, 2015 876,000.00
Mar 31, 2015 591,000.00
Mar 31, 2015 591,000.00
Dec 31, 2014 196,000.00
Dec 31, 2014 196,000.00
Sep 30, 2014 53,000.00
Sep 30, 2014 53,000.00