Novocure Income Before Tax from 2010 to 2024

NVCR Stock  USD 31.54  0.56  1.74%   
Novocure Income Before Tax yearly trend continues to be relatively stable with very little volatility. Income Before Tax is likely to grow to about -182.2 M this year. During the period from 2010 to 2024, Novocure Income Before Tax destribution of quarterly values had range of 209.8 M from its regression line and mean deviation of  37,470,933. View All Fundamentals
 
Income Before Tax  
First Reported
2013-12-31
Previous Quarter
-22.7 M
Current Value
-21.6 M
Quarterly Volatility
17.4 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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Novocure over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Novocure income statement and is an important metric when analyzing Novocure profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Novocure's Income Before Tax 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.
Income Before Tax10 Years Trend
Pretty Stable
   Income Before Tax   
       Timeline  

Novocure Income Before Tax Regression Statistics

Arithmetic Mean(80,663,600)
Geometric Mean65,963,771
Coefficient Of Variation(68.73)
Mean Deviation37,470,933
Median(77,017,000)
Standard Deviation55,441,081
Sample Variance3073.7T
Range209.8M
R-Value(0.23)
Mean Square Error3142.5T
R-Squared0.05
Significance0.42
Slope(2,790,332)
Total Sum of Squares43032T

Novocure Income Before Tax History

2024-182.2 M
2023-191.7 M
2022-81.8 M
2021-52.1 M
202018.1 M
2019-8.8 M
2018-45.9 M

About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Income Before Tax, 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
Income Before Tax-191.7 M-182.2 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.