NOV Net Working Capital from 2010 to 2024

NOV Stock  USD 16.26  0.24  1.50%   
NOV Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 3 B in 2024. During the period from 2010 to 2024, NOV Net Working Capital regression line of quarterly data had mean square error of 197092.7 T and geometric mean of  4,152,025,515. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
3.4 B
Current Value
B
Quarterly Volatility
831.2 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of NOV Inc over the last few years. It is NOV's Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

NOV Net Working Capital Regression Statistics

Arithmetic Mean4,235,148,571
Geometric Mean4,152,025,515
Coefficient Of Variation19.63
Mean Deviation763,421,714
Median4,863,000,000
Standard Deviation831,214,607
Sample Variance690917.7T
Range1.9B
R-Value(0.86)
Mean Square Error197092.7T
R-Squared0.74
Significance0.000044
Slope(159,358,571)
Total Sum of Squares9672848.1T

NOV Net Working Capital History

2024B
20233.4 B
20223.1 B
2021B
20203.3 B
20193.9 B
20184.9 B

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Net Working Capital, 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 Working Capital3.4 BB

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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.