NOV Inc. (NOV) — Defensive Interval Ratio

Latest as of March 2026: 362 days

NOV Inc. (NOV) has a Defensive Interval Ratio of 362 days as of March 2026. Defensive assets of $2.30 Billion (cash $-, short-term investments $-, receivables $2.30 Billion) cover 362 days of daily cash needs of $6.35 Million/day. Check NOV tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

362 days
Days of operational coverage

Defensive Assets

$2.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$6.35 Million
Current Liabilities ÷ 365

Current Liabilities

$2.32 Billion
USD

NOV Inc. Defensive Interval Ratio (1996–2025)

This chart shows how NOV Inc.'s Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 362 days, meaning defensive assets of $2.30 Billion can fund 362 days of operations without new revenue. Also explore NOV Inc. annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NOV Inc. (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for NOV Inc. from 1996 to 2025, covering 30 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see how much is NOV Inc. worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 584 days $3.85 Billion $6.59 Million/day $1.55 Billion $- ▲ +20 days
2024 564 days $3.63 Billion $6.43 Million/day $1.23 Billion $- ▲ +45 days
2023 519 days $3.46 Billion $6.67 Million/day $816.00 Million $- ▼ -5 days
2022 523 days $3.49 Billion $6.68 Million/day $1.07 Billion $- ▼ -121 days
2021 645 days $3.37 Billion $5.23 Million/day $1.59 Billion $- ▼ -65 days
2020 709 days $3.63 Billion $5.12 Million/day $1.69 Billion $51.00 Million ▲ +112 days
2019 597 days $3.68 Billion $6.16 Million/day $1.17 Billion $8.00 Million ▼ -42 days
2018 639 days $4.10 Billion $6.41 Million/day $1.43 Billion $4.00 Million ▲ +25 days
2017 614 days $3.96 Billion $6.45 Million/day $1.44 Billion $10.00 Million ▲ +112 days
2016 502 days $4.19 Billion $8.35 Million/day $1.41 Billion $32.00 Million ▲ +143 days
2015 359 days $4.18 Billion $11.64 Million/day $- $0.00 ▲ +47 days
2014 312 days $6.29 Billion $20.20 Million/day $- $0.00 ▼ -40 days
2013 352 days $6.43 Billion $18.30 Million/day $- $0.00 ▼ -7 days
2012 358 days $5.54 Billion $15.48 Million/day $- $0.00 ▲ +97 days
2011 262 days $3.88 Billion $14.84 Million/day $- $0.00 ▼ -28 days
2010 289 days $3.24 Billion $11.19 Million/day $- $0.00 ▲ +34 days
2009 256 days $2.93 Billion $11.44 Million/day $- $0.00 ▲ +12 days
2008 244 days $3.75 Billion $15.41 Million/day $- $- ▼ -5 days
2007 249 days $2.74 Billion $11.03 Million/day $- $- ▼ -15 days
2006 263 days $1.92 Billion $7.30 Million/day $- $- ▼ -192 days
2005 455 days $1.48 Billion $3.25 Million/day $- $- ▲ +133 days
2004 322 days $706.60 Million $2.19 Million/day $- $- ▼ -50 days
2003 372 days $460.91 Million $1.24 Million/day $- $- ▼ -79 days
2002 451 days $428.12 Million $948.54K/day $- $- ▼ -52 days
2001 503 days $382.15 Million $759.75K/day $- $- ▲ +93 days
2000 410 days $295.16 Million $719.95K/day $- $- ▲ +4 days
1999 406 days $196.10 Million $482.74K/day $- $- ▼ -79 days
1998 486 days $281.30 Million $579.18K/day $- $- ▲ +99 days
1997 387 days $224.00 Million $579.45K/day $- $- ▲ +23 days
1996 364 days $102.90 Million $283.01K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)