National Oilwell Varco Balance Sheet - Annual (NYSE:NOV)

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$42.9 $1.55 (3.49%) NOV stock closing price Sep 20, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at National Oilwell Varco balance sheet. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our National Oilwell Varco stock analysis. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. National Oilwell Varco had a long term debt of $2.71B at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at National Oilwell Varco operating cash flow and National Oilwell Varco revenue also. National Oilwell Varco debt to equity ratio is 0.19.

View latest 10 year balance sheet data to check National Oilwell Varco financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash1.44B1.41B2.08B3.54B3.44B3.32B3.54B3.33B2.62B1.54B
Marketable Securities----------
Receivables2.02B2.08B2.93B4.42B4.9B4.32B3.29B2.43B2.19B3.14B
Inventory3B3.33B4.68B5.28B5.6B5.89B4.03B3.39B3.49B3.81B
Raw Materials656M961M1.07B1.26B1.18B1.27B907M661M704M739M
Work In Progress513M561M632M1.03B798M905M852M953M1.31B1.33B
Finished Goods1.83B1.8B2.98B3B3.63B3.72B2.27B1.77B1.48B1.74B
Notes Receivable----------
Other Current Assets762M1.06B2.12B2.93B2.49B2.15B1.25B1.39B1.3B1.17B
Total Current Assets
7.22B7.88B11.8B16.16B16.42B15.68B12.11B10.54B9.6B9.66B
Property Plant & Equipment5.56B5.45B5.28B5.41B5.21B4.52B3.66B2.9B2.7B2.33B
Accumulated Depreciation2.56B2.3B2.15B2.04B1.8B1.58B1.22B1.06B865M652.5M
Net Property Plant & Equipment
3B3.15B3.12B3.36B3.41B2.95B2.45B1.84B1.84B1.68B
Investment & Advances309M307M327M362M390M393M391M386M393M420.8M
Other Non-Current Assets----------
Deferred Charges13M86M488M503M372M413M267M341M92M126M
Intangibles9.53B9.6B10.83B12.98B14.1B11.92B10.22B9.89B9.54B9.53B
Deposits & Other Assets137M124M156M190M115M140M78M55M72M72.7M
Total Assets
20.21B21.14B26.73B33.56B34.81B31.48B25.52B23.05B21.53B21.48B
Notes Payable----------
Accounts Payable510M414M623M1.19B1.28B1.2B901M628M584M851.9M
Current Portion Long-Term Debt6M506M2M152M1M1M351M373M7M4.3M
Current Portion Capital Leases----------
Accrued Expenses1.48B1.57B2.28B3.52B2.76B2.57B2.38B2.11B2.27B2.38B
Income Taxes Payable81M119M555M740M868M688M923M919M226M230.3M
Other Current Liabilities279M440M785M1.78B1.77B1.19B865M511M1.09B2.16B
Total Current Liabilities
2.35B3.05B4.25B7.37B6.68B5.65B5.42B4.54B4.17B5.62B
Mortgages----------
Deferred Taxes/Income677M1.06B1.81B1.97B2.29B2B1.85B1.89B2.09B2.13B
Convertible Debt----------
Long-Term Debt2.71B2.71B3.93B3.01B3.15B3.15B159M514M876M869.6M
Non-Current Capital Leases----------
Other Long-Term Liabilities309M318M283M430M363M334M360M253M163M127.7M
Total Liabilities
6.05B7.14B10.27B12.79B12.48B11.13B7.79B7.19B7.3B8.85B
Minority Interest---------95.9M
Preferred Stock----------
Common Stock Net4M4M4M4M4M4M4M4M4M4.2M
Capital Surplus8.23B8.1B8.01B8.34B8.91B8.74B8.54B8.35B8.21B7.99B
Retained Earnings6.97B7.29B9.93B13.18B13.32B11.39B9.1B7.3B5.81B4.8B
Treasury Stock----------
Other Liabilities-1.04B-1.39B-1.48B-754M96M224M86M205M205M-161.8M
Shareholders Equity14.16B14B16.46B20.77B22.33B20.36B17.73B15.86B14.23B12.63B
Total Liabilities & Shareholders Equity20.21B21.14B26.73B33.56B34.81B31.48B25.52B23.05B21.53B21.48B
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest National Oilwell Varco stock price, and National Oilwell Varco historical stock prices show the stock price movement over time, and the National Oilwell Varco PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: NOV total assets, which was at $20.21B for 2017 is a balance sheet item representing value of what National Oilwell Varco owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of National Oilwell Varco for the year 2017 total to $6.05B. Liabilities for a company like National Oilwell Varco include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

National Oilwell Varco Balance Sheet - Key Ratios

Current ratio
3.19
Debt to equity ratio
0.19
Asset turnover ratio
0.42
Receivables turnover
3.77
Price to book ratio
1.15