Novartis Debt Equity Ratio from 2010 to 2024

NVS Stock  USD 100.13  1.55  1.52%   
Novartis Debt Equity Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Equity Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Novartis Debt Equity Ratio quarterly data regression had r-value of  0.84 and coefficient of variation of  30.24. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.52542482
Current Value
0.55
Quarterly Volatility
0.11860733
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novartis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novartis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.7 B, Interest Expense of 550.6 M or Selling General Administrative of 15 B, as well as many indicators such as Price To Sales Ratio of 3.86, Dividend Yield of 0.0241 or PTB Ratio of 3.23. Novartis financial statements analysis is a perfect complement when working with Novartis Valuation or Volatility modules.
  
Check out the analysis of Novartis Correlation against competitors.

Latest Novartis' Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Novartis AG ADR over the last few years. It is Novartis' Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novartis' overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Novartis Debt Equity Ratio Regression Statistics

Arithmetic Mean0.39
Geometric Mean0.38
Coefficient Of Variation30.24
Mean Deviation0.1
Median0.38
Standard Deviation0.12
Sample Variance0.01
Range0.3945
R-Value0.84
Mean Square Error0
R-Squared0.71
Significance0.00009
Slope0.02
Total Sum of Squares0.20

Novartis Debt Equity Ratio History

2024 0.55
2023 0.53
2022 0.44
2021 0.43
2020 0.64
2019 0.49
2018 0.41

About Novartis Financial Statements

Novartis shareholders use historical fundamental indicators, such as Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Novartis investors may analyze each financial statement separately, they are all interrelated. The changes in Novartis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Novartis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.53  0.55 

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Additional Tools for Novartis Stock Analysis

When running Novartis' price analysis, check to measure Novartis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novartis is operating at the current time. Most of Novartis' value examination focuses on studying past and present price action to predict the probability of Novartis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novartis' price. Additionally, you may evaluate how the addition of Novartis to your portfolios can decrease your overall portfolio volatility.