Novocure Income Quality from 2010 to 2024

NVCR Stock  USD 31.54  0.56  1.74%   
Novocure Income Quality yearly trend continues to be relatively stable with very little volatility. Income Quality is likely to grow to 0.39 this year. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
0.35420661
Current Value
0.39
Quarterly Volatility
1.74999995
 
Credit Downgrade
 
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 Quality Growth Pattern

Below is the plot of the Income Quality of Novocure over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Novocure's Income Quality 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 Quality10 Years Trend
Pretty Stable
   Income Quality   
       Timeline  

Novocure Income Quality Regression Statistics

Arithmetic Mean0.42
Coefficient Of Variation420.65
Mean Deviation0.95
Median0.68
Standard Deviation1.75
Sample Variance3.06
Range8.6873
R-Value(0.14)
Mean Square Error3.23
R-Squared0.02
Significance0.62
Slope(0.05)
Total Sum of Squares42.87

Novocure Income Quality History

2024 0.39
2023 0.35
2022 -0.33
2021 -1.42
2020 5.01
2019 -3.68
2018 0.0293

About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Income Quality, 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 Quality 0.35  0.39 

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.