NOV Balance Sheet
NYSE: NOVConsumer DiscretionaryOil and Gas Field MachineryUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NOV financial position
At the end of fiscal 2025, NOV reported total assets of $11.29 billion, down 0.6% from a year earlier against total liabilities of $4.97 billion. Shareholders' equity stood at $6.27 billion, or 55.5% of assets. The company held $1.55 billion in cash and equivalents against $1.72 billion of debt, a net debt position of $166.0 million.
The current ratio (current assets divided by current liabilities) was 2.42, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.27.
Summary generated from market data by MetaCap's automated system. Methodology
NOV balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.55B | 1.23B | 816.00M | 1.07B | 1.59B | 1.69B | 1.17B | 1.43B | 1.44B | 1.41B |
| Receivables | 1.70B | 1.82B | 1.91B | 1.74B | 1.32B | 1.27B | 1.85B | 2.10B | 2.02B | 2.08B |
| Inventory | 1.80B | 1.93B | 2.15B | 1.81B | 1.33B | 1.41B | 2.20B | 2.99B | 3.00B | 3.33B |
| Total Current Assets | 5.82B | 5.77B | 5.84B | 5.49B | 4.90B | 5.21B | 6.11B | 7.28B | 7.22B | 7.88B |
| Property, Plant & Equipment | 2.05B | 1.92B | 1.86B | 1.78B | 1.82B | 1.93B | 2.35B | 2.80B | 3.00B | 3.15B |
| Goodwill | 1.58B | 1.63B | 1.56B | 1.50B | 1.53B | 1.49B | 2.81B | 6.26B | 6.23B | 6.07B |
| Intangible Assets | 455.00M | 508.00M | 450.00M | 490.00M | 503.00M | 527.00M | 852.00M | 3.02B | 3.30B | 3.53B |
| Total Assets | 11.29B | 11.36B | 11.29B | 10.13B | 9.55B | 9.93B | 13.15B | 19.80B | 20.21B | 21.14B |
| Accounts Payable | 831.00M | 837.00M | 904.00M | 906.00M | 612.00M | 489.00M | 715.00M | 722.00M | 510.00M | 414.00M |
| Short-Term Debt | 30.00M | 37.00M | 13.00M | 13.00M | 5.00M | — | — | 7.00M | 6.00M | 506.00M |
| Total Current Liabilities | 2.41B | 2.35B | 2.44B | 2.44B | 1.91B | 1.87B | 2.25B | 2.34B | 2.35B | 3.05B |
| Long-Term Debt | 1.69B | 1.70B | 1.71B | 1.72B | 1.71B | 1.83B | 1.99B | 2.48B | 2.71B | 2.71B |
| Total Liabilities | 4.97B | 4.93B | 5.05B | 5.00B | 4.49B | 4.65B | 5.30B | 5.91B | 6.05B | 7.14B |
| Shareholders' Equity | 6.27B | 6.38B | 6.17B | 5.10B | 5.00B | 5.21B | 7.78B | 13.82B | 14.09B | 13.94B |
| Retained Earnings | -673.00M | -628.00M | -1.16B | -2.07B | -2.15B | -1.88B | 690.00M | 6.86B | 6.97B | 7.29B |
| Total Debt | 1.72B | 1.74B | 1.73B | 1.73B | 1.71B | 1.83B | 1.99B | 2.49B | 2.71B | 3.21B |
| Net Cash (Debt) | -166.00M | -510.00M | -909.00M | -661.00M | -122.00M | -142.00M | -818.00M | -1.06B | -1.27B | -1.81B |
| Shares Outstanding | 360.80M | 381.55M | 393.95M | 392.83M | 392.67M | 388.26M | 385.89M | 383.43M | 380.10M | 378.64M |
This table shows 10 annual periods of NOV's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow NOV's reporting calendar. What is a balance sheet?