NOV Interest Expense from 2010 to 2024

NOV Stock  USD 16.25  0.36  2.17%   
NOV Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 46.8 M in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
22 M
Current Value
21 M
Quarterly Volatility
7.4 M
 
Dot-com Bubble
 
Housing Crash
 
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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of NOV Inc over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. NOV's Interest Expense 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.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

NOV Interest Expense Regression Statistics

Arithmetic Mean75,583,333
Geometric Mean0.00
Coefficient Of Variation42.57
Mean Deviation26,633,333
Median84,000,000
Standard Deviation32,178,030
Sample Variance1035.4T
Range111M
R-Value0.14
Mean Square Error1092.7T
R-Squared0.02
Significance0.61
Slope1,018,750
Total Sum of Squares14496T

NOV Interest Expense History

202446.8 M
202360 M
202259 M
202177 M
202084 M
2019100 M
201893 M

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Interest Expense, 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
Interest Expense60 M46.8 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.