Novocure Operating Income from 2010 to 2024

NVCR Stock  USD 31.54  0.56  1.74%   
Novocure Operating Income yearly trend continues to be relatively stable with very little volatility. Operating Income is likely to grow to about -221.2 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Novocure generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2013-12-31
Previous Quarter
-33.6 M
Current Value
-32.1 M
Quarterly Volatility
19.8 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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Novocure over the last few years. Operating Income is the amount of profit realized from Novocure operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Novocure is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Novocure's Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Novocure Operating Income Regression Statistics

Arithmetic Mean(79,861,367)
Geometric Mean53,628,124
Coefficient Of Variation(87.12)
Mean Deviation48,522,707
Median(64,459,000)
Standard Deviation69,576,661
Sample Variance4840.9T
Range254.1M
R-Value(0.36)
Mean Square Error4544.2T
R-Squared0.13
Significance0.19
Slope(5,573,659)
Total Sum of Squares67772.8T

Novocure Operating Income History

2024-221.2 M
2023-232.9 M
2022-89.5 M
2021-44.3 M
202021.3 M
2019-914 K
2018-33.7 M

About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Operating Income, 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
Operating Income-232.9 M-221.2 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.