Novocure Other Current Assets from 2010 to 2025

NVCR Stock  USD 18.97  0.53  2.87%   
Novocure Other Current Assets yearly trend continues to be relatively stable with very little volatility. Other Current Assets are likely to drop to about 6.9 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2013-12-31
Previous Quarter
25.4 M
Current Value
9.5 M
Quarterly Volatility
8.6 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 8.2 M, Selling General Administrative of 97.7 M or Selling And Marketing Expenses of 251 M, as well as many indicators such as Price To Sales Ratio of 5.04, Dividend Yield of 0.0 or PTB Ratio of 13.33. 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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Novocure over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Novocure's Other Current Assets 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Novocure Other Current Assets Regression Statistics

Arithmetic Mean5,499,921
Geometric Mean2,050,086
Coefficient Of Variation142.79
Mean Deviation4,639,402
Median2,505,000
Standard Deviation7,853,076
Sample Variance61.7T
Range32.7M
R-Value0.40
Mean Square Error55.7T
R-Squared0.16
Significance0.13
Slope653,275
Total Sum of Squares925.1T

Novocure Other Current Assets History

20256.9 M
20249.5 M
20238.5 M
20226.7 M
2021807 K
202032.7 M
2019 1000.0

About Novocure Financial Statements

Novocure shareholders use historical fundamental indicators, such as Other Current Assets, 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
Other Current Assets9.5 M6.9 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.