Novartis AG

Novartis AGverified

NVS

Price:

$104.28

Market Cap:

$204.02B

Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology, dermatology, respiratory, cardiovascular, renal, and metabolism medicine products. The Sandoz segment develops, manufactures, and markets finished dosage form medicines; active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties; and retail generics and anti-infectives. It also provides active pharmaceutical ingredients an...[Read more]

Industry

Drug Manufacturers - General

IPO Date

1996-11-07

Stock Exchange

NYSE

Ticker

NVS

The Current Ratio as of November 2024 (TTM) for Novartis AG (NVS) is 1.11

According to Novartis AG’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of 8.43% compared to the average of 1.02 of the last 4 quarters.

Novartis AG (NVS) Historical Current Ratio (quarterly & annually)

How has NVS Current Ratio performed in the past?

The mean historical Current Ratio of Novartis AG over the last ten years is 1.18. The current 1.11 Current Ratio has changed 9.33% with respect to the historical average. Over the past ten years (40 quarters), NVS's Current Ratio was at its highest in in the December 2021 quarter at 1.51. The Current Ratio was at its lowest in in the March 2021 quarter at 0.74.

Quarterly (TTM)
Annual

Average

1.18

Median

1.18

Minimum

0.90

Maximum

1.51

Novartis AG (NVS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Novartis AG Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 68.61%

Maximum Annual Current Ratio = 1.51

Minimum Annual Increase = -30.80%

Minimum Annual Current Ratio = 0.90

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.16-10.33%
20221.29-14.89%
20211.5168.61%
20200.90-14.01%
20191.04-13.10%
20181.20-0.34%
20171.217.37%
20161.1216.50%
20150.96-30.80%
20141.3920.22%

Novartis AG (NVS) Average Current Ratio

How has NVS Current Ratio performed in the past?

The current Current Ratio of Novartis AG (NVS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.32

5-year avg

1.18

10-year avg

1.18

Novartis AG (NVS) Current Ratio vs. Peers

How is NVS’s Current Ratio compared to its peers?

Novartis AG’s Current Ratio is greater than AstraZeneca PLC (0.93), greater than GSK plc (0.81), less than Roche Holding AG (1.26), less than Bristol-Myers Squibb Company (1.24), greater than Sanofi (1.00), less than Merck & Co., Inc. (1.36), less than Bayer Aktiengesellschaft (1.32), less than Gilead Sciences, Inc. (1.26), greater than Johnson & Johnson (1.03), greater than AbbVie Inc. (0.65), less than Eli Lilly and Company (1.27), greater than Pfizer Inc. (1.00),

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