Novocure Ltd Cash Taxes 3 year CAGR is -24.55% for the quarter ending March 31, 2024, a -20.91% change year over year. Cash taxes represent the total amount of cash paid for income taxes, including both current and deferred taxes. It is calculated by summing the income tax provision and any non-cash tax-related items. This metric provides insight into the company's cash outflows related to taxes, which can impact its overall cash position and liquidity. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.