Novocure (NVCR) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.80 Billion

According to Novocure 's latest financial reports the company has HK$2.80 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	$HK$2.83 B	-17.87%
2022-12-31	$HK$3.44 B	7.69%
2021-12-31	$HK$3.20 B	-13.35%
2020-12-31	$HK$3.69 B	117.79%
2019-12-31	$HK$1.69 B	92.95%
2018-12-31	$HK$0.87 B	-0.92%
2017-12-31	$HK$0.88 B	-19.62%
2016-12-31	$HK$1.10 B	-43.22%
2015-12-31	$HK$1.94 B	156.08%
2014-12-31	$HK$0.75 B	-43.01%
2013-12-31	$HK$1.33 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	HK$2.80 B	0.00%	Jersey
Novavax NVAX	-HK$3.37 Billion	-219.66%	🇺🇸 USA
Organovo ONVO	HK$51.85 M	-98.15%	🇺🇸 USA
Orchard Therapeutics ORTX	HK$0.62 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 : HK$2.80 Billion