NOV Historical Balance Sheet

NOV Stock  USD 14.64  0.46  3.05%   
Trend analysis of NOV Inc balance sheet accounts such as Total Current Liabilities of 2.8 B provides information on NOV's total assets, liabilities, and equity, which is the actual value of NOV Inc to its prevalent stockholders. By breaking down trends over time using NOV balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining NOV Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NOV Inc is a good buy for the upcoming year.

NOV Inventory

2.47 Billion

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About NOV Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NOV Inc at a specified time, usually calculated after every quarter, six months, or one year. NOV Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NOV and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NOV currently owns. An asset can also be divided into two categories, current and non-current.

NOV Balance Sheet Chart

At this time, NOV's Net Receivables is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 14.6 B in 2025, whereas Property Plant And Equipment Net is likely to drop slightly above 1.9 B in 2025.

Total Assets

Total assets refers to the total amount of NOV assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NOV Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on NOV balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NOV Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from NOV's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NOV Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, NOV's Net Receivables is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 14.6 B in 2025, whereas Property Plant And Equipment Net is likely to drop slightly above 1.9 B in 2025.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total2.4B2.4B2.4B1.7B
Total Assets10.1B11.3B11.4B14.6B

NOV balance sheet Correlations

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0.110.280.120.150.080.30.29-0.120.230.030.090.810.030.20.470.180.140.130.40.170.13-0.110.10.510.53
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0.450.660.360.410.420.860.130.20.480.430.440.390.430.460.960.560.430.430.950.50.450.310.510.251.0
0.450.660.360.410.420.850.130.190.480.430.440.40.430.460.960.550.430.430.950.50.440.310.530.251.0
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NOV Account Relationship Matchups

NOV balance sheet Accounts

202020212022202320242025 (projected)
Total Assets9.9B9.6B10.1B11.3B11.4B14.6B
Short Long Term Debt Total2.6B2.4B2.4B2.4B2.4B1.7B
Other Current Liab753M679M872M776M1.4B1.4B
Total Current Liabilities1.9B1.9B2.4B2.4B2.3B2.8B
Total Stockholder Equity5.3B5.1B5.1B6.2B6.4B9.1B
Property Plant And Equipment Net2.5B2.4B2.3B2.4B2.5B1.9B
Net Debt864M797M1.3B1.6B1.2B1.2B
Retained Earnings(1.9B)(2.1B)(2.1B)(1.2B)(628M)(596.6M)
Accounts Payable489M612M906M904M837M736.9M
Cash1.7B1.6B1.1B816M1.2B1.5B
Non Current Assets Total4.7B4.6B4.6B5.5B5.6B7.7B
Non Currrent Assets Other207M258M164M334M406M426.3M
Cash And Short Term Investments1.7B1.6B1.1B816M1.2B1.5B
Net Receivables1.9B1.8B2.4B2.6B2.4B2.5B
Common Stock Shares Outstanding384M386M394M397M396M346.2M
Liabilities And Stockholders Equity9.9B9.6B10.1B11.3B11.4B14.6B
Non Current Liabilities Total2.8B2.6B2.6B2.6B2.6B2.6B
Inventory1.4B1.3B1.8B2.2B1.9B2.5B
Other Current Assets224M198M187M229M212M298.2M
Other Stockholder Equity8.6B8.7B8.8B8.8B8.6B5.9B
Total Liab4.7B4.5B5.0B5.1B4.9B5.5B
Total Current Assets5.2B4.9B5.5B5.8B5.8B6.8B
Intangible Assets527M503M490M450M508M482.6M
Property Plant And Equipment Gross2.5B2.4B2.3B5.7B5.9B6.2B
Accumulated Other Comprehensive Income(1.5B)(1.5B)(1.6B)(1.5B)(1.6B)(1.5B)
Short Term Debt220M203M187M201M139M124.2M
Other Liab393M337M292M298M342.7M408.4M
Other Assets67M773M258M349M401.4M267.6M
Long Term Debt1.8B1.7B1.7B1.7B1.7B1.7B
Good Will1.5B1.5B1.5B1.6B1.6B1.5B
Property Plant Equipment2.4B1.9B2.4B2.3B2.6B2.0B
Current Deferred Revenue354M392M444M532M478.8M681.5M
Net Tangible Assets4.1B3.2B3.0B3.1B2.8B4.3B
Noncontrolling Interest In Consolidated Entity68M69M67M38M34.2M65.9M
Retained Earnings Total Equity690M(1.9B)(2.1B)(2.1B)(1.9B)(1.8B)
Long Term Debt Total2.0B1.8B1.7B1.7B2.0B2.4B

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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.