NOV Total Current Assets from 2010 to 2024

NOV Stock  USD 16.25  0.36  2.17%   
NOV Total Current Assets yearly trend continues to be fairly stable with very little volatility. Total Current Assets are likely to outpace its year average in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
1996-09-30
Previous Quarter
5.8 B
Current Value
5.9 B
Quarterly Volatility
4.9 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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of NOV Inc over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. NOV's Total Current 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

NOV Total Current Assets Regression Statistics

Arithmetic Mean8,613,398,073
Geometric Mean6,602,224,286
Coefficient Of Variation55.23
Mean Deviation3,880,934,618
Median7,217,000,000
Standard Deviation4,757,467,689
Sample Variance22633498.8T
Range16.2B
R-Value(0.45)
Mean Square Error19511793.4T
R-Squared0.20
Significance0.1
Slope(475,152,865)
Total Sum of Squares316868983.4T

NOV Total Current Assets History

20246.9 B
20235.8 B
20225.5 B
20214.9 B
20205.2 B
20196.1 B
20187.3 B

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Total Current 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
Total Current Assets5.8 B6.9 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.