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Novocure Ltd balance sheet

At the end of fiscal 2025, Novocure Ltd had total assets of $804m, total liabilities of $464m and shareholders' equity of $340m. It held $93.5m in cash against $195m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents17658119100791411772352091152411649497
Receivables——06303759979486617489108
Inventory—3142622232427242938354141
Total current assets—1122942622453214409991,0741,1121,0341,107647674
Total assets—1183072822653404791,0521,1391,1921,1461,241804829
Deferred revenue (current)—————————1816141618
Total current liabilities—182937506586114143159179756223271
Short-term debt————————————025
Long-term debt—023969714914943056256656997195—
Total debt00239697149149430562566569655195196
Total liabilities—2057140152228262575729750784881464478
Shareholders' equity17298251142114112218477410441362360340351
Shares outstanding—13m—87m89m93m100m102m104m105m107m109m112m117m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Novocure Ltd's SEC filings (10-K and 10-Q), retrieved October 31, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Novocure Ltd.