NOV Cash And Short Term Investments from 2010 to 2024

NOV Stock  USD 16.61  0.21  1.28%   
NOV Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1996-09-30
Previous Quarter
827 M
Current Value
985 M
Quarterly Volatility
1.2 B
 
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 Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of NOV Inc over the last few years. Short Term Investments is an account in the current assets section of NOV Inc balance sheet. This account contains NOV investments that will expire within one year. These investments include stocks and bonds that can be liquidated by NOV Inc fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. NOV's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

NOV Cash And Short Term Investments Regression Statistics

Arithmetic Mean1,866,280,613
Geometric Mean1,197,374,218
Coefficient Of Variation58.57
Mean Deviation876,612,925
Median1,472,909,193
Standard Deviation1,093,159,676
Sample Variance1194998.1T
Range3.5B
R-Value(0.47)
Mean Square Error1005694.9T
R-Squared0.22
Significance0.08
Slope(114,266,913)
Total Sum of Squares16729973.1T

NOV Cash And Short Term Investments History

20241.5 B
2023816 M
20221.1 B
20211.6 B
20201.7 B
20191.2 B
20181.4 B

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Cash And Short Term Investments, 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
Cash And Short Term Investments816 M1.5 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.