NOV Inc.
NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independe… Read more
NOV Inc. (NOV) - Total Assets
Latest total assets as of December 2025: $11.29 Billion USD
Based on the latest financial reports, NOV Inc. (NOV) holds total assets worth $11.29 Billion USD as of December 2025.
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.
NOV Inc. - Total Assets Trend (1996–2025)
This chart illustrates how NOV Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NOV Inc. - Asset Composition Analysis
Current Asset Composition (December 2025)
NOV Inc.'s total assets of $11.29 Billion consist of 51.6% current assets and 48.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.55 Billion | 13.8% |
| Accounts Receivable | $1.70 Billion | 15.1% |
| Inventory | $1.80 Billion | 15.9% |
| Property, Plant & Equipment | $2.55 Billion | 22.6% |
| Intangible Assets | $455.00 Million | 4.0% |
| Goodwill | $2.04 Billion | 18.0% |
Asset Composition Trend (1996–2025)
This chart illustrates how NOV Inc.'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: NOV Inc.'s current assets represent 51.6% of total assets in 2025, a decrease from 87.5% in 1996.
- Cash Position: Cash and equivalents constituted 13.8% of total assets in 2025, up from 1.6% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 2.0% in 1996.
- Asset Diversification: The largest asset category is property, plant & equipment at 22.6% of total assets.
NOV Inc. Competitors by Total Assets
Key competitors of NOV Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
NOV Inc. - 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 - NOV Inc. generates 0.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, NOV Inc. generates $ 1.28 in net profit.
NOV Inc. - 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 | 2.42 | 2.46 | 2.58 |
| Quick Ratio | 1.67 | 1.64 | 1.88 |
| Cash Ratio | 0.65 | 0.52 | 0.00 |
| Working Capital | $3.41 Billion | $ 3.42 Billion | $ 3.06 Billion |
NOV Inc. - Advanced Valuation Insights
This section examines the relationship between NOV Inc.'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 | 1.10 |
| Latest Market Cap to Assets Ratio | 0.59 |
| Asset Growth Rate (YoY) | -0.6% |
| Total Assets | $11.29 Billion |
| Market Capitalization | $6.66 Billion USD |
Valuation Analysis
Below Book Valuation: The market values NOV Inc.'s assets below their book value (0.59 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: NOV Inc.'s assets decreased by 0.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for NOV Inc. (1996–2025)
The table below shows the annual total assets of NOV Inc. from 1996 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $11.29 Billion | -0.62% |
| 2024-12-31 | $11.36 Billion | +0.59% |
| 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 | -20.90% |
| 2015-12-31 | $26.73 Billion | -20.37% |
| 2014-12-31 | $33.56 Billion | -3.59% |
| 2013-12-31 | $34.81 Billion | +10.57% |
| 2012-12-31 | $31.48 Billion | +23.39% |
| 2011-12-31 | $25.52 Billion | +10.69% |
| 2010-12-31 | $23.05 Billion | +7.05% |
| 2009-12-31 | $21.53 Billion | +0.25% |
| 2008-12-31 | $21.48 Billion | +77.29% |
| 2007-12-31 | $12.11 Billion | +34.32% |
| 2006-12-31 | $9.02 Billion | +35.05% |
| 2005-12-31 | $6.68 Billion | +156.99% |
| 2004-12-31 | $2.60 Billion | +15.87% |
| 2003-12-31 | $2.24 Billion | +13.92% |
| 2002-12-31 | $1.97 Billion | +33.77% |
| 2001-12-31 | $1.47 Billion | +15.08% |
| 2000-12-31 | $1.28 Billion | +63.48% |
| 1999-12-31 | $782.30 Million | -4.36% |
| 1998-12-31 | $818.00 Million | +44.14% |
| 1997-12-31 | $567.50 Million | +112.79% |
| 1996-12-31 | $266.70 Million | -- |