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-over-year from $940000.0 in Q2 2021, and up 30.37% quarter-over-quarter from $1.7 million in Q1 2022.
Analysis
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.
- In Q2 2022, Interest Expenses rose 137.02% year-over-year to $2.2 million; the TTM figure through Jun 2022 stood at $8.1 million (down 25.31% 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.
- Average Interest Expenses over 5 years is $2.5 million, with a median of $2.4 million recorded in 2018.
- Year-over-year, Interest Expenses slumped 64.08% in 2021 and soared 137.02% in 2022.
- Over 5 years, 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 tumbled by 33.43% to $2.2 million in 2021, then gained by 2.44% to $2.2 million in 2022.
- Per Business Quant data, the three most recent Interest Expenses figures were $2.2 million in Q2 2022, $1.7 million in Q1 2022, and $2.2 million in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.91 Bn | 178.31 Bn | 7.27 Bn | 351.00 Mn |
| 2 | Intuitive Surgical | 124.32 Bn | 119.11 Bn | 1.96 Bn | - |
| 3 | Medtronic | 118.42 Bn | 109.60 Bn | 6.34 Bn | 186.00 Mn |
| 4 | Stryker | 105.22 Bn | 101.74 Bn | 4.50 Bn | 141.00 Mn |
| 5 | Boston Scientific | 66.57 Bn | 66.03 Bn | 3.85 Bn | 96.00 Mn |
| 6 | Edwards Lifesciences | 49.76 Bn | 45.51 Bn | 1.35 Bn | - |
| 7 | Alcon | 33.91 Bn | 32.46 Bn | 1.68 Bn | -53.00 Mn |
| 8 | Dexcom | 32.28 Bn | 30.33 Bn | 830.00 Mn | - |
| 9 | Steris | 21.10 Bn | 20.62 Bn | 684.20 Mn | 15.80 Mn |
| 10 | NovoCure | 1.90 Bn | 1.46 Bn | 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 |