Novocure Other Non Cash Items from 2010 to 2024

NVCR Stock  USD 12.24  0.56  4.38%   
Novocure Other Non Cash Items yearly trend continues to be relatively stable with very little volatility. Other Non Cash Items is likely to grow to about -22 M this year. During the period from 2010 to 2024, Novocure Other Non Cash Items destribution of quarterly values had r-value of (0.83) from its regression line and median of  1,001,000. View All Fundamentals
 
Other Non Cash Items  
First Reported
2014-09-30
Previous Quarter
-6.2 M
Current Value
-7.9 M
Quarterly Volatility
2.5 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 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 exotic 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.
  
This module can also supplement Novocure's financial leverage analysis and stock options assessment as well as various Novocure Technical models . 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 Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Novocure over the last few years. It is Novocure's Other Non Cash Items 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 Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Novocure Other Non Cash Items Regression Statistics

Arithmetic Mean83,930
Coefficient Of Variation12,795
Mean Deviation7,182,093
Median1,001,000
Standard Deviation10,738,450
Sample Variance115.3T
Range34.7M
R-Value(0.83)
Mean Square Error38T
R-Squared0.69
Significance0.0001
Slope(2,000,512)
Total Sum of Squares1614.4T

Novocure Other Non Cash Items History

2024-22 M
2023-23.2 M
2022-6.1 M
2021M
20203.3 M
2019-2.2 M
2018M

About Novocure Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Novocure income statement, its balance sheet, and the statement of cash flows. Novocure investors use historical funamental indicators, such as Novocure's Other Non Cash Items, to determine how well the company is positioned to perform in the future. Although Novocure investors may use each financial statement separately, they are all related. The changes in Novocure's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Novocure's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Novocure Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Novocure. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Non Cash Items-23.2 M-22 M

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When determining whether Novocure is a strong investment it is important to analyze Novocure's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Novocure's future performance. For an informed investment choice regarding Novocure Stock, refer to the following important reports:
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.
Note that the Novocure information on this page should be used as a complementary analysis to other Novocure's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is Novocure's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Novocure. If investors know Novocure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Novocure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Earnings Share
(1.95)
Revenue Per Share
4.787
Quarterly Revenue Growth
0.042
Return On Assets
(0.12)
The market value of Novocure is measured differently than its book value, which is the value of Novocure that is recorded on the company's balance sheet. Investors also form their own opinion of Novocure's value that differs from its market value or its book value, called intrinsic value, which is Novocure's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Novocure's market value can be influenced by many factors that don't directly affect Novocure's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Novocure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Novocure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novocure's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.