NOV Net Borrowings from 2010 to 2024

NOV Stock  USD 14.98  0.11  0.73%   
NOV Net Borrowings yearly trend continues to be fairly stable with very little volatility. Net Borrowings will likely drop to about 13.7 M in 2024. Net Borrowings is the difference between the amount of new debt NOV Inc has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2010-03-31
Previous Quarter
-4 M
Current Value
-6 M
Quarterly Volatility
402.4 M
 
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 Borrowings Growth Pattern

Below is the plot of the Net Borrowings of NOV Inc over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. NOV's Net Borrowings 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 Borrowings10 Years Trend
Pretty Stable
   Net Borrowings   
       Timeline  

NOV Net Borrowings Regression Statistics

Arithmetic Mean51,872,000
Coefficient Of Variation1,549
Mean Deviation439,367,467
Median(8,000,000)
Standard Deviation803,656,107
Sample Variance645863.1T
Range3.5B
R-Value(0.26)
Mean Square Error648486.8T
R-Squared0.07
Significance0.35
Slope(46,742,286)
Total Sum of Squares9042083.9T

NOV Net Borrowings History

202413.7 M
202314.4 M
202216 M
2021-123 M
2020-189 M
2019-525 M
2018-8 M

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Net Borrowings, 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 Borrowings14.4 M13.7 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.