Novocure Ltd (NVCR) — Defensive Interval Ratio
Novocure Ltd (NVCR) has a Defensive Interval Ratio of 734 days as of March 2026. Defensive assets of $437.75 Million (cash $-, short-term investments $344.48 Million, receivables $93.27 Million) cover 734 days of daily cash needs of $596.10K/day. See Novocure Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Novocure Ltd Defensive Interval Ratio (2013–2025)
This chart shows how Novocure Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 734 days, meaning defensive assets of $437.75 Million can fund 734 days of operations without new revenue. See Novocure Ltd (NVCR) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Novocure Ltd (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Novocure Ltd from 2013 to 2025, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Novocure Ltd market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 768 days | $469.47 Million | $611.58K/day | $- | $354.13 Million | ▲ +334 days |
| 2024 | 433 days | $898.18 Million | $2.07 Million/day | $- | $796.11 Million | ▼ -1089 days |
| 2023 | 1522 days | $746.91 Million | $490.73K/day | $- | $669.79 Million | ▼ -699 days |
| 2022 | 2221 days | $966.32 Million | $435.01K/day | $- | $854.10 Million | ▲ +73 days |
| 2021 | 2149 days | $839.49 Million | $390.69K/day | $- | $728.90 Million | ▼ -127 days |
| 2020 | 2276 days | $708.37 Million | $311.27K/day | $- | $607.90 Million | ▲ +1274 days |
| 2019 | 1002 days | $236.83 Million | $236.47K/day | $- | $148.77 Million | ▲ +200 days |
| 2018 | 802 days | $141.78 Million | $176.88K/day | $- | $105.26 Million | ▼ -234 days |
| 2017 | 1035 days | $142.39 Million | $137.54K/day | $- | $104.72 Million | ▼ -313 days |
| 2016 | 1349 days | $136.28 Million | $101.05K/day | $- | $119.85 Million | ▼ -702 days |
| 2015 | 2050 days | $160.80 Million | $78.43K/day | $- | $150.00 Million | ▲ +1020 days |
| 2014 | 1030 days | $49.86 Million | $48.41K/day | $- | $45.00 Million | ▲ +912 days |
| 2013 | 118 days | $5.06 Million | $42.73K/day | $- | $1.18 Million | — |