NOV Tax Provision from 2010 to 2024

NOV Stock  USD 16.00  0.25  1.54%   
NOV Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by NOV Inc to cover any estimated taxes for the current period. It reflects NOV's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
70 M
Current Value
44 M
Quarterly Volatility
132.1 M
 
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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of NOV Inc over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. NOV's Tax Provision 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.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

NOV Tax Provision Regression Statistics

Arithmetic Mean34,630,000
Geometric Mean138,024,343
Coefficient Of Variation534.75
Mean Deviation150,953,333
Median129,000,000
Standard Deviation185,182,564
Sample Variance34292.6T
Range547M
R-Value(0.33)
Mean Square Error32957.5T
R-Squared0.11
Significance0.23
Slope(13,581,607)
Total Sum of Squares480096.1T

NOV Tax Provision History

2024135.4 M
2023129 M
202283 M
202115 M
2020-242 M
2019-369 M
201863 M

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Tax Provision, 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
Tax Provision129 M135.4 M

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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.