NOV Net Tangible Assets from 2010 to 2024

NOV Stock  USD 16.25  0.36  2.17%   
NOV Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of NOV Inc minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2009-06-30
Previous Quarter
3.4 B
Current Value
3.5 B
Quarterly Volatility
1.7 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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of NOV Inc over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. NOV's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

NOV Net Tangible Assets Regression Statistics

Arithmetic Mean5,040,776,190
Geometric Mean4,721,553,304
Coefficient Of Variation38.29
Mean Deviation1,587,215,873
Median4,535,000,000
Standard Deviation1,930,193,950
Sample Variance3725648.7T
Range5.5B
R-Value(0.77)
Mean Square Error1657683.5T
R-Squared0.59
Significance0.0009
Slope(330,633,571)
Total Sum of Squares52159081.6T

NOV Net Tangible Assets History

20244.3 B
20232.8 B
20223.1 B
2021B
20203.2 B
20194.1 B
20184.5 B

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Net Tangible Assets, 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
Net Tangible Assets2.8 B4.3 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.