Novo Cash Flow Coverage Ratios from 2010 to 2024

NVO Stock  USD 127.66  0.81  0.64%   
Novo Nordisk Cash Flow Coverage Ratios yearly trend continues to be very stable with very little volatility. Cash Flow Coverage Ratios is likely to drop to 3.83. During the period from 2010 to 2024, Novo Nordisk Cash Flow Coverage Ratios quarterly data regression pattern had sample variance of  3,391 and median of  24.30. View All Fundamentals
 
Cash Flow Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
4.03273347
Current Value
3.83
Quarterly Volatility
58.23075556
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novo Nordisk financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novo main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.9 B, Interest Expense of 429.4 M or Selling General Administrative of 6.5 B, as well as many exotic indicators such as Price To Sales Ratio of 14.16, Dividend Yield of 0.0176 or PTB Ratio of 30.85. Novo financial statements analysis is a perfect complement when working with Novo Nordisk Valuation or Volatility modules.
  
This module can also supplement Novo Nordisk's financial leverage analysis and stock options assessment as well as various Novo Nordisk Technical models . Check out the analysis of Novo Nordisk Correlation against competitors.

Latest Novo Nordisk's Cash Flow Coverage Ratios Growth Pattern

Below is the plot of the Cash Flow Coverage Ratios of Novo Nordisk AS over the last few years. It is Novo Nordisk's Cash Flow Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novo Nordisk's overall financial position and show how it may be relating to other accounts over time.
Cash Flow Coverage Ratios10 Years Trend
Slightly volatile
   Cash Flow Coverage Ratios   
       Timeline  

Novo Cash Flow Coverage Ratios Regression Statistics

Arithmetic Mean41.38
Geometric Mean14.46
Coefficient Of Variation140.72
Mean Deviation39.97
Median24.30
Standard Deviation58.23
Sample Variance3,391
Range210
R-Value(0.30)
Mean Square Error3,334
R-Squared0.09
Significance0.29
Slope(3.84)
Total Sum of Squares47,471

Novo Cash Flow Coverage Ratios History

2024 3.83
2023 4.03
2022 3.06
2021 2.06
2020 5.02
2019 10.44
2018 86.63

About Novo Nordisk Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Novo Nordisk income statement, its balance sheet, and the statement of cash flows. Novo Nordisk investors use historical funamental indicators, such as Novo Nordisk's Cash Flow Coverage Ratios, to determine how well the company is positioned to perform in the future. Although Novo Nordisk investors may use each financial statement separately, they are all related. The changes in Novo Nordisk's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Novo Nordisk'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 Novo Nordisk Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Novo Nordisk. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Flow Coverage Ratios 4.03  3.83 

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When determining whether Novo Nordisk AS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Novo Nordisk's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Novo Nordisk As Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Novo Nordisk As Stock:
Check out the analysis of Novo Nordisk Correlation against competitors.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Novo Nordisk's price analysis, check to measure Novo Nordisk'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 Novo Nordisk is operating at the current time. Most of Novo Nordisk's value examination focuses on studying past and present price action to predict the probability of Novo Nordisk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novo Nordisk's price. Additionally, you may evaluate how the addition of Novo Nordisk to your portfolios can decrease your overall portfolio volatility.
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Is Novo Nordisk'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 Novo Nordisk. If investors know Novo 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 Novo Nordisk 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
0.631
Dividend Share
9.4
Earnings Share
2.68
Revenue Per Share
51.812
Quarterly Revenue Growth
0.37
The market value of Novo Nordisk AS is measured differently than its book value, which is the value of Novo that is recorded on the company's balance sheet. Investors also form their own opinion of Novo Nordisk's value that differs from its market value or its book value, called intrinsic value, which is Novo Nordisk'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 Novo Nordisk's market value can be influenced by many factors that don't directly affect Novo Nordisk'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 Novo Nordisk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Novo Nordisk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novo Nordisk'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.