NOVARTIS AG (NVS) Financial Ratio Screen

NYSE Healthcare Switzerland USD 301948M
RATIOS FAIL*
Automated financial screen · activity assessed separately
NOVARTIS AG (NVS) is potentially non-compliant in the automated ratio model. The company's debt ratio of 31.9% exceeds the 30% MSCI new-inclusion threshold relative to total assets. NOVARTIS AG operates in the Healthcare sector.

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MSCI new-inclusion financial-ratio snapshot

NVS financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
31.9%
Fail vs 30%
Cash ratio
10.4%
Pass vs 30%
Receivables + cash
20.2%
Pass vs 30%
Impermissible income
0.7%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
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MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment in progressSEC revenue evidence has been extracted
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Drug Manufacturers - General) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: SEC filing extraction found 38 dimensioned facts; 0 have passed extraction review. No activity conclusion is made. Open the SEC annual filing.

View SEC-extracted business segments
  • Tafinlar Mekinist — percentage unavailable · extraction pending
  • Ilaris — percentage unavailable · extraction pending
  • Zolgensma — percentage unavailable · extraction pending
  • Lutathera — percentage unavailable · extraction pending
  • Exforge Group — percentage unavailable · extraction pending
  • Lucentis — percentage unavailable · extraction pending
  • Promacta Revolade — percentage unavailable · extraction pending
  • Leqvio — percentage unavailable · extraction pending
  • Tasigna — percentage unavailable · extraction pending
  • Diovan Group — percentage unavailable · extraction pending
  • Fabhalta — percentage unavailable · extraction pending
  • Top20Products — percentage unavailable · extraction pending

Profile description reviewed: Novartis AG researches, develops, manufactures, distributes, markets, and sells pharmaceutical medicines in Switzerland and internationally. The company offers Entresto, an angiotensin receptorneprilysin inhibitor to treat symptomatic chronic heart failure with reduced ejection fraction (HFrEF); Cosentyx to treat plaque psoriasis, pso riatic arthritis, ankylosing spondylitis, and nonradiographic axial spondy loarthritis; Kisqali, a selective oral cyclin dependent inhibitor of kinases 4 and 6 (CDK4/6); Promacta/Revolade to treat immune thrombocytopenia (ITP), thrombocytopenia, and patients with severe aplastic anemia (SAA); Tafinlar+Mekinist, an oral combination therapy to treat patients with certain types of cancers; and Jakavi for the treatment of myelofibrosis, polycythemia vera, and acute or chronic graftversushost disease (GvHD). It also provides Tasigna to treat philadelphia chromosomepositive chronic myeloid leukemia in the chronic and/or accelerated phase; Xolair for the treatment of allergic asthma and nasal polyps or severe chronic rhinosi nusitis with nasal polyps; Ilaris to treat fever syndromes, Still's disease, and acute gouty arthritis; Pluvicto to treat prostatespecific membrane anti genpositive metastatic castrationresistant prostate cancer; Sandostatin SC and Sandostatin LAR to treat acromegaly carcinoid tumors and other types of functional gastro intestinal and pancreatic neuroendocrine tumors; Zolgensma for the treatment of genetic root cause of spinal muscular atrophy; Lucentis; Leqvio to reduce LDL cholesterol; Lutathera; Scemblix; and Fabhalta. The company focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, oncology, and hematology. It has a license and collaboration agreement with Alnylam Pharmaceuticals, Inc. to develop, manufacture, and commercialize Leqvio (inclisiran), a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 31.9%
/ 30%
10.4%
/ 30%
20.2%
/ 30%
0.66%
/ 5%
RATIOS FAIL*
FTSE 31.9%
/ 33%
10.4%
/ 33%
20.2%
/ 50%
0.66%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

P/E Ratio
24.0
Forward: 16.2
EPS
$6.62
Dividend Yield
298.0%
Payout: 71.6%
P/B Ratio
7.3
EV/EBITDA
14.9
EV: $343.7B
Revenue
$56.7B
Growth: 0.8%
Beta
0.5
Low volatility
Current Ratio
0.9

Profitability

Gross Margin 75.0%
Operating Margin 34.6%
Net Margin 22.5%
Return on Equity (ROE) 30.3%
Return on Assets (ROA) 10.2%

Cash Flow & Balance Sheet

Operating Cash Flow$19.1B
Free Cash Flow$15.2B
Total Debt$35.4B
Debt-to-Equity116.8
Current Ratio0.9
Total Assets$110.9B

Price & Trading

Last Close$156.24
50-Day MA$154.33
200-Day MA$148.25
Avg Volume1.9M
Beta0.5
52-Week Range
$121.57
$170.46

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-24 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About NOVARTIS AG (NVS)

CEO
Dr. Vasant Narasimhan M.D.
Employees
75,267
Sector
Healthcare
Industry
Drug Manufacturers - General
Country
Switzerland
Exchange
NYSE
Market Cap (listing currency)
USD 301948M
Currency
USD

Novartis AG researches, develops, manufactures, distributes, markets, and sells pharmaceutical medicines in Switzerland and internationally. The company offers Entresto, an angiotensin receptorneprilysin inhibitor to treat symptomatic chronic heart failure with reduced ejection fraction (HFrEF); Cosentyx to treat plaque psoriasis, pso riatic arthritis, ankylosing spondylitis, and nonradiographic axial spondy loarthritis; Kisqali, a selective oral cyclin dependent inhibitor of kinases 4 and 6 (CDK4/6); Promacta/Revolade to treat immune thrombocytopenia (ITP), thrombocytopenia, and patients with severe aplastic anemia (SAA); Tafinlar+Mekinist, an oral combination therapy to treat patients with certain types of cancers; and Jakavi for the treatment of myelofibrosis, polycythemia vera, and acute or chronic graftversushost disease (GvHD). It also provides Tasigna to treat philadelphia chromosomepositive chronic myeloid leukemia in the chronic and/or accelerated phase; Xolair for the treatment of allergic asthma and nasal polyps or severe chronic rhinosi nusitis with nasal polyps; Ilaris to treat fever syndromes, Still's disease, and acute gouty arthritis; Pluvicto to treat prostatespecific membrane anti genpositive metastatic castrationresistant prostate cancer; Sandostatin SC and Sandostatin LAR to treat acromegaly carcinoid tumors and other types of functional gastro intestinal and pancreatic neuroendocrine tumors; Zolgensma for the treatment of genetic root cause of spinal muscular atrophy; Lucentis; Leqvio to reduce LDL cholesterol; Lutathera; Scemblix; and Fabhalta. The company focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, oncology, and hematology. It has a license and collaboration agreement with Alnylam Pharmaceuticals, Inc. to develop, manufacture, and commercialize Leqvio (inclisiran), a therapy to reduce LDL cholesterol. Novartis AG was incorporated in 1996 and is headquartered in Basel, Switzerland.

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Frequently Asked Questions

Is NOVARTIS AG (NVS) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is NOVARTIS AG's debt ratio?

NOVARTIS AG's debt ratio is 31.9% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are NOVARTIS AG's key financial metrics?

NOVARTIS AG has a market capitalization of USD 301948M in its listing currency, trailing P/E ratio of 24.0, and revenue of $56.7B. The company maintains a gross margin of 75.0% and a net margin of 22.5%. Return on equity stands at 30.3%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.