NovoCure (NVCR) Interest Expenses (2014 - 2022)
NovoCure (NVCR) reported Interest Expenses of $2.23 million for Q2 2022, up 137.0% from $940,000 a year earlier and up 30.4% from the prior quarter.
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Analysis
NovoCure (NVCR) Interest Expenses (2014 - 2022) Analysis & Trends
Over the twelve months ended Jun 30, 2022, NovoCure's Interest Expenses came in at $8.09 million, down 25.3% year-over-year; for FY2021, it was $7.74 million, down 37.1% from FY2020.
- Interest Expenses has a five-year compound annual growth rate of 1.1% (FY2016 to FY2021).
- By year, Interest Expenses came in at $12.3 million in FY2020 (+55.5%), $7.91 million in FY2019 (-35.5%), $12.27 million in FY2018 (+33.8%) and $9.17 million in FY2017 (+25.3%).
- The Q2 2022 figure ranks as the highest quarterly Interest Expenses since Q1 2021.
- Year over year, Interest Expenses gained in four of the last eight quarters, with growth averaging 13.2%.
- The high point for year-over-year Interest Expenses in five years was Q2 2022 (growth of 137.0%); the low point was Q2 2021 (a decline of 64.1%).
- Per Business Quant data, the three quarters before Q2 2022 came in at $1.71 million (Q1 2022), $2.18 million (Q4 2021) and $1.98 million (Q3 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 401.00 Mn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 351.00 Mn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 107.00 Mn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 186.00 Mn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 141.00 Mn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 96.00 Mn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 132.00 Mn |
| 10 | NovoCure | 1.86 Bn | -496.48 Mn | 142.48 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 2.23 Mn |
| Mar 31, 2022 | 1.71 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Sep 30, 2021 | 1.98 Mn |
| Jun 30, 2021 | 940,000.00 |
| Mar 31, 2021 | 2.65 Mn |
| Dec 31, 2020 | 3.27 Mn |
| Sep 30, 2020 | 3.98 Mn |
| Jun 30, 2020 | 2.62 Mn |
| Mar 31, 2020 | 2.43 Mn |
| Dec 31, 2019 | 1.75 Mn |
| Sep 30, 2019 | 2.56 Mn |
| Jun 30, 2019 | 1.24 Mn |
| Mar 31, 2019 | 2.37 Mn |
| Dec 31, 2018 | 2.16 Mn |
| Sep 30, 2018 | 2.40 Mn |
| Jun 30, 2018 | 2.86 Mn |
| Mar 31, 2018 | 4.85 Mn |
| Dec 31, 2017 | 2.38 Mn |
| Sep 30, 2017 | 2.16 Mn |
API Access
NovoCure Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=NVCR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "NVCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=NVCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();