NATL OILWELL VARCO
NATL OILWELL VARCO operates in Diversified Metals & Mining.
NATL OILWELL VARCO (NO8) - Total Assets
Latest total assets as of September 2024: €11.42 Billion EUR
Based on the latest financial reports, NATL OILWELL VARCO (NO8) holds total assets worth €11.42 Billion EUR as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
NATL OILWELL VARCO - Total Assets Trend (2016–2023)
This chart illustrates how NATL OILWELL VARCO’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NATL OILWELL VARCO - Asset Composition Analysis
Current Asset Composition (December 2023)
NATL OILWELL VARCO's total assets of €11.42 Billion consist of 51.7% current assets and 48.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.2% |
| Accounts Receivable | €1.91 Billion | 16.9% |
| Inventory | €2.15 Billion | 19.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €450.00 Million | 4.0% |
| Goodwill | €1.56 Billion | 13.8% |
Asset Composition Trend (2016–2023)
This chart illustrates how NATL OILWELL VARCO's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NATL OILWELL VARCO's current assets represent 51.7% of total assets in 2023, an increase from 37.3% in 2016.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2023, up from 6.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 16.0% of total assets, a decrease from 44.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 19.1% of total assets.
NATL OILWELL VARCO Competitors by Total Assets
Key competitors of NATL OILWELL VARCO based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
NATL OILWELL VARCO - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - NATL OILWELL VARCO generates 0.76x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, NATL OILWELL VARCO generates $8.79 in net profit.
NATL OILWELL VARCO - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.57 | 2.39 | 2.72 |
| Quick Ratio | 1.65 | 1.43 | 1.74 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €3.62 Billion | € 3.29 Billion | € 3.87 Billion |
NATL OILWELL VARCO - Advanced Valuation Insights
This section examines the relationship between NATL OILWELL VARCO's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 11.4% |
| Total Assets | €11.29 Billion |
| Market Capitalization | $155.67K USD |
Valuation Analysis
Below Book Valuation: The market values NATL OILWELL VARCO's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: NATL OILWELL VARCO's assets grew by 11.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for NATL OILWELL VARCO (2016–2023)
The table below shows the annual total assets of NATL OILWELL VARCO from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €11.29 Billion | +11.44% |
| 2022-12-31 | €10.13 Billion | +6.13% |
| 2021-12-31 | €9.55 Billion | -3.82% |
| 2020-12-31 | €9.93 Billion | -24.49% |
| 2019-12-31 | €13.15 Billion | -33.58% |
| 2018-12-31 | €19.80 Billion | -2.03% |
| 2017-12-31 | €20.21 Billion | -4.42% |
| 2016-12-31 | €21.14 Billion | -- |