Novocure (NVCR) - Net Assets

Net assets on the balance sheet as of September 2024 : A$0.57 Billion

According to Novocure 's latest financial reports the company has A$0.57 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novocure - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.53 B	-17.93%
2022-12-31	$A$0.64 B	14.5%
2021-12-31	$A$0.56 B	-8.63%
2020-12-31	$A$0.61 B	99.23%
2019-12-31	$A$0.31 B	95.21%
2018-12-31	$A$0.15 B	9.55%
2017-12-31	$A$0.14 B	-26.34%
2016-12-31	$A$0.19 B	-42.64%
2015-12-31	$A$0.34 B	187.89%
2014-12-31	$A$0.11 B	-37.9%
2013-12-31	$A$0.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	A$0.57 B	0.00%	Jersey
Novavax NVAX	-A$0.85 Billion	-245.92%	🇺🇸 USA
Organovo ONVO	A$5.87 M	-98.98%	🇺🇸 USA
Orchard Therapeutics ORTX	A$0.12 B	-77.75%	🇬🇧 UK

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Novocure (NVCR) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.57 Billion