Novocure Cash And Short Term Investments from 2010 to 2024

NVCR Stock  USD 20.04  0.35  1.78%   
Novocure Cash And Short Term Investments yearly trend continues to be relatively stable with very little volatility. Cash And Short Term Investments are likely to drop to about 518.3 M. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2014-03-31
Previous Quarter
954.8 M
Current Value
963.7 M
Quarterly Volatility
351.6 M
 
Yuan Drop
 
Covid
Check Novocure financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novocure's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.8 M, Interest Expense of 3.2 M or Selling General Administrative of 87.6 M, as well as many indicators such as Price To Sales Ratio of 2.96, Dividend Yield of 0.0 or PTB Ratio of 4.16. Novocure financial statements analysis is a perfect complement when working with Novocure Valuation or Volatility modules.
  
Check out the analysis of Novocure Correlation against competitors.
To learn how to invest in Novocure Stock, please use our How to Invest in Novocure guide.

Latest Novocure's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Novocure over the last few years. Short Term Investments is an account in the current assets section of Novocure balance sheet. This account contains Novocure investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Novocure fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Novocure's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novocure's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Novocure Cash And Short Term Investments Regression Statistics

Arithmetic Mean415,277,200
Geometric Mean315,728,214
Coefficient Of Variation78.70
Mean Deviation280,299,600
Median245,878,000
Standard Deviation326,841,172
Sample Variance106825.2T
Range866.8M
R-Value0.79
Mean Square Error43124.7T
R-Squared0.63
Significance0.0004
Slope57,784,404
Total Sum of Squares1495552.1T

Novocure Cash And Short Term Investments History

2024518.3 M
2023910.6 M
2022969.4 M
2021937.7 M
2020842.6 M
2019326.1 M
2018245.9 M

About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Novocure investors may analyze each financial statement separately, they are all interrelated. The changes in Novocure's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novocure's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash And Short Term Investments910.6 M518.3 M

Additional Tools for Novocure Stock Analysis

When running Novocure's price analysis, check to measure Novocure's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novocure is operating at the current time. Most of Novocure's value examination focuses on studying past and present price action to predict the probability of Novocure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novocure's price. Additionally, you may evaluate how the addition of Novocure to your portfolios can decrease your overall portfolio volatility.