Novartis AG

Novartis AGverified

NVS

Price:

$103.31

Market Cap:

$202.12B

Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology, dermatology, respiratory, cardiovascular, renal, and metabolism medicine products. The Sandoz segment develops, manufactures, and markets finished dosage form medicines; active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties; and retail generics and anti-infectives. It also provides active pharmaceutical ingredients an...[Read more]

Industry

Drug Manufacturers - General

IPO Date

1996-11-07

Stock Exchange

NYSE

Ticker

NVS

The Current Ratio as of May 2024 (TTM) for Novartis AG (NVS) is 0.90

According to Novartis AG’s latest financial reports and current stock price. The company's current Current Ratio is 0.90. This represents a change of -10.84% compared to the average of 1.01 of the last 4 quarters.

Novartis AG (NVS) Historical Current Ratio (quarterly & annually)

How has NVS Current Ratio performed in the past?

The mean historical Current Ratio of Novartis AG over the last ten years is 1.18. The current 0.90 Current Ratio has changed 7.56% with respect to the historical average. Over the past ten years (40 quarters), NVS's Current Ratio was at its highest in in the December 2021 quarter at 1.51. The Current Ratio was at its lowest in in the March 2021 quarter at 0.74.

Quarterly (TTM)
Annual

Average

1.18

Median

1.18

Minimum

0.90

Maximum

1.51

Novartis AG (NVS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Novartis AG 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 = 68.61%

Maximum Annual Current Ratio = 1.51

Minimum Annual Increase = -30.80%

Minimum Annual Current Ratio = 0.90

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.16-10.33%
20221.29-14.89%
20211.5168.61%
20200.90-14.01%
20191.04-13.10%
20181.20-0.34%
20171.217.37%
20161.1216.50%
20150.96-30.80%
20141.3920.22%

Novartis AG (NVS) Average Current Ratio

How has NVS Current Ratio performed in the past?

The current Current Ratio of Novartis AG (NVS) 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

1.32

5-year avg

1.18

10-year avg

1.18

Novartis AG (NVS) Current Ratio vs. Peers

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

Novartis AG’s Current Ratio is greater than AstraZeneca PLC (0.89), greater than GSK plc (0.87), less than Roche Holding AG (1.35), less than Bristol-Myers Squibb Company (1.11), greater than Sanofi (0), less than Merck & Co., Inc. (1.25), less than Bayer Aktiengesellschaft (1.26), less than Gilead Sciences, Inc. (1.08), less than Johnson & Johnson (1.17), less than AbbVie Inc. (0.94), less than Eli Lilly and Company (1.35), less than Pfizer Inc. (1.05),

Build a custom stock screener for Novartis AG (NVS) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Novartis AG using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Novartis AG (NVS) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Novartis AG or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Novartis AG's Current Ratio?

How is the Current Ratio calculated for Novartis AG (NVS)?

What is the highest Current Ratio for Novartis AG (NVS)?

What is the 3-year average Current Ratio for Novartis AG (NVS)?

What is the 5-year average Current Ratio for Novartis AG (NVS)?

How does the current Current Ratio for Novartis AG (NVS) compare to its historical average?