Novocure Ltd

Novocure Ltd - Current Ratioverified

NVCR

Price:

$16.1248

Market Cap:

$1.88B

NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, France, Japan, Greater China, and internationally. Its TTFields devices include Optune Gio, Optune Lua, and Optune Pax. The company also has ongoing clinical trials investigating TTFields in brain metastases, gastric cancer, glioblastoma, liver cancer, non-small cell lung cancer, pancreatic cancer, and ovarian cancer. NovoCure Limited was incorporated in 2000 and is headquartered in Baar, Switzerland.

Industry

Medical - Devices

IPO Date

2015-10-02

Stock Exchange

NASDAQ

Ticker

NVCR

The Current Ratio as of August 2026 (TTM) for Novocure Ltd (NVCR) is 2.89

According to Novocure Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.89. This represents a change of 13.01% compared to the average of 2.56 of the last 4 quarters.

Novocure Ltd (NVCR) Historical Current Ratio (quarterly & annually)

How has NVCR Current Ratio performed in the past?

The mean historical Current Ratio of Novocure Ltd over the last ten years is 5.55. The current 2.89 Current Ratio has changed 5.11% with respect to the historical average. Over the past ten years (40 quarters), NVCR's Current Ratio was at its highest in in the March 2021 quarter at 9.19. The Current Ratio was at its lowest in in the June 2025 quarter at 1.45.

Quarterly (TTM)
Annual

Average

5.55

Median

5.44

Minimum

1.46

Maximum

8.80

Novocure Ltd (NVCR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Novocure Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 98.03%

Maximum Annual Current Ratio = 8.80

Minimum Annual Increase = -74.67%

Minimum Annual Current Ratio = 1.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.9098.03%
20241.46-74.67%
20235.78-17.51%
20227.00-7.01%
20217.53-14.42%
20208.8072.58%
20195.102.40%
20184.981.94%
20174.88-31.23%
20167.10-30.84%

Novocure Ltd (NVCR) Average Current Ratio

How has NVCR Current Ratio performed in the past?

The current Current Ratio of Novocure Ltd (NVCR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.38

5-year avg

4.93

10-year avg

5.55

Novocure Ltd (NVCR) Current Ratio vs. Peers

How is NVCR’s Current Ratio compared to its peers?

Novocure Ltd’s Current Ratio is greater than Azenta, Inc. (2.50), less than Kestra Medical Technologies, Ltd. (4.41), less than STAAR Surgical Company (5.12), less than BioLife Solutions, Inc. (7.30), less than Neogen Corporation (3.82), greater than Evotec SE (1.68), greater than Teladoc Health, Inc. (0.83), less than Establishment Labs Holdings Inc. (2.96), less than Pulse Biosciences, Inc. (7.26), less than Upstream Bio, Inc. (23.14),

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