NovoCure's Total Assets for the quarter that ended in Mar. 2025 was $1,248.8 Mil.
Warning Sign:
If a company builds assets at 10.4% a year, faster than its revenue growth rate of 7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, NovoCure's average Total Assets Growth Rate was 27.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 29.30% per year.
During the past 12 years, NovoCure's highest 3-Year average Total Assets Growth Rate was 75.10%. The lowest was 4.00%. And the median was 34.90%.
Total Assets is connected with ROA %. NovoCure's annualizedROA % for the quarter that ended in Mar. 2025 was -11.03%. Total Assets is also linked to Revenue through Asset Turnover. NovoCure's Asset Turnover for the quarter that ended in Mar. 2025 was 0.12.
NovoCure Total Assets Historical Data
The historical data trend for NovoCure's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
NovoCure's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note:
The Net Income data used here is four times the quarterly (Mar. 2025) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
NovoCure's Asset Turnover for the quarter that ended in Mar. 2025 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
NovoCure Total Assets Related Terms
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NovoCure Ltd is an oncology company with a propreitary platform technology in United States. Its business involves the development, manufacture and commercialization of Tumor Treating Fields (TTFields) devices, including Optune Gio and Optune Lua, for the treatment of solid tumor cancers. Its pipeline consists of Trident, Lunar-2, Panova-3, Metis and other products and technologies for the treatment of Glioblastoma, Non-smell cell lung cancer and Pancreatic cancer. Geographically, the company derives majority of its revenue from the United States and rest from Germany, Japan and other markets.
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