NOV Retained Earnings Total Equity from 2010 to 2024

NOV Stock  USD 16.00  0.25  1.54%   
NOV Retained Earnings Total Equity yearly trend continues to be fairly stable with very little volatility. Retained Earnings Total Equity is likely to outpace its year average in 2024. Retained Earnings Total Equity is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. View All Fundamentals
 
Retained Earnings Total Equity  
First Reported
2009-06-30
Previous Quarter
-2 B
Current Value
-1.8 B
Quarterly Volatility
5.4 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.1 M, Interest Expense of 46.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.015 or PTB Ratio of 2.1. NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.
  
Check out the analysis of NOV Correlation against competitors.

Latest NOV's Retained Earnings Total Equity Growth Pattern

Below is the plot of the Retained Earnings Total Equity of NOV Inc over the last few years. It is the portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt. NOV's Retained Earnings Total Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NOV's overall financial position and show how it may be relating to other accounts over time.
Retained Earnings Total Equity10 Years Trend
Slightly volatile
   Retained Earnings Total Equity   
       Timeline  

NOV Retained Earnings Total Equity Regression Statistics

Arithmetic Mean4,986,993,667
Coefficient Of Variation118.76
Mean Deviation5,193,874,267
Median6,862,000,000
Standard Deviation5,922,580,448
Sample Variance35076959.2T
Range15.5B
R-Value(0.84)
Mean Square Error11028461.2T
R-Squared0.71
Significance0.000084
Slope(1,114,366,304)
Total Sum of Squares491077428.2T

NOV Retained Earnings Total Equity History

2024-1.8 B
2023-1.9 B
2022-2.1 B
2021-2.1 B
2020-1.9 B
2019690 M
20186.9 B

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Retained Earnings Total Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in NOV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings Total Equity-1.9 B-1.8 B

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Additional Tools for NOV Stock Analysis

When running NOV's price analysis, check to measure NOV's 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 NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.