NOV Inc. Working Capital to Net Assets Ratio
NOV Inc. working capital to net assets ratio. NOV Inc. (NOV) has a Working Capital to Net Assets ratio of 54.3% as of March 2026. Working capital of $3.40 Billion (current assets of $5.72 Billion minus current liabilities of $2.32 Billion) is measured against net assets of $6.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of NOV Inc. (1996–2025)
Working capital to net assets ratio of NOV Inc. from 1996 to 2025. This chart shows how NOV Inc.'s Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 54.3%, reflecting working capital of $3.40 Billion against net assets of $6.27 Billion USD. Explore NOV Inc. (NOV) investment intensity to see how much of total assets are deployed in long-term investments.
NOV Inc. Working Capital to Net Assets Ratio by Year (1996–2025)
NOV Inc. working capital to net assets ratio by year from 1996 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NOV Inc. from 1996 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NOV total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 54.0% | $3.41 Billion | $6.32 Billion | $5.82 Billion | $2.41 Billion | ▲ +0.8 pp |
| 2024 | 53.3% | $3.42 Billion | $6.43 Billion | $5.77 Billion | $2.35 Billion | ▼ -1.3 pp |
| 2023 | 54.5% | $3.40 Billion | $6.24 Billion | $5.84 Billion | $2.44 Billion | ▼ -5.0 pp |
| 2022 | 59.5% | $3.06 Billion | $5.13 Billion | $5.49 Billion | $2.44 Billion | ▲ +0.4 pp |
| 2021 | 59.1% | $2.99 Billion | $5.06 Billion | $4.90 Billion | $1.91 Billion | ▼ -4.2 pp |
| 2020 | 63.3% | $3.34 Billion | $5.28 Billion | $5.21 Billion | $1.87 Billion | ▲ +14.0 pp |
| 2019 | 49.3% | $3.87 Billion | $7.85 Billion | $6.11 Billion | $2.25 Billion | ▲ +13.7 pp |
| 2018 | 35.6% | $4.94 Billion | $13.89 Billion | $7.28 Billion | $2.34 Billion | ▲ +1.2 pp |
| 2017 | 34.3% | $4.86 Billion | $14.16 Billion | $7.22 Billion | $2.35 Billion | ▼ -0.1 pp |
| 2016 | 34.5% | $4.83 Billion | $14.00 Billion | $7.88 Billion | $3.05 Billion | ▼ -11.4 pp |
| 2015 | 45.9% | $7.55 Billion | $16.46 Billion | $11.80 Billion | $4.25 Billion | ▲ +3.6 pp |
| 2014 | 42.3% | $8.79 Billion | $20.77 Billion | $16.16 Billion | $7.37 Billion | ▼ -1.3 pp |
| 2013 | 43.6% | $9.74 Billion | $22.33 Billion | $16.42 Billion | $6.68 Billion | ▼ -5.6 pp |
| 2012 | 49.3% | $10.03 Billion | $20.36 Billion | $15.68 Billion | $5.65 Billion | ▲ +11.5 pp |
| 2011 | 37.8% | $6.69 Billion | $17.73 Billion | $12.11 Billion | $5.42 Billion | ▼ -2.9 pp |
| 2010 | 40.7% | $6.45 Billion | $15.86 Billion | $10.54 Billion | $4.08 Billion | ▲ +2.5 pp |
| 2009 | 38.1% | $5.42 Billion | $14.23 Billion | $9.60 Billion | $4.17 Billion | ▲ +6.4 pp |
| 2008 | 31.7% | $4.03 Billion | $12.72 Billion | $9.66 Billion | $5.62 Billion | ▼ -21.3 pp |
| 2007 | 53.0% | $3.57 Billion | $6.72 Billion | $7.59 Billion | $4.03 Billion | ▲ +7.6 pp |
| 2006 | 45.5% | $2.30 Billion | $5.06 Billion | $4.97 Billion | $2.67 Billion | ▲ +2.5 pp |
| 2005 | 42.9% | $1.81 Billion | $4.22 Billion | $3.00 Billion | $1.19 Billion | ▼ -13.2 pp |
| 2004 | 56.1% | $737.20 Million | $1.31 Billion | $1.54 Billion | $800.20 Million | ▼ -15.7 pp |
| 2003 | 71.8% | $794.18 Million | $1.11 Billion | $1.25 Billion | $452.21 Million | ▼ -9.7 pp |
| 2002 | 81.5% | $768.85 Million | $942.97 Million | $1.12 Billion | $346.22 Million | ▲ +8.8 pp |
| 2001 | 72.8% | $631.26 Million | $867.54 Million | $908.57 Million | $277.31 Million | ▲ +10.2 pp |
| 2000 | 62.6% | $480.32 Million | $767.21 Million | $743.10 Million | $262.78 Million | ▼ -13.9 pp |
| 1999 | 76.5% | $302.20 Million | $395.10 Million | $478.40 Million | $176.20 Million | ▼ -13.1 pp |
| 1998 | 89.6% | $346.40 Million | $386.80 Million | $557.80 Million | $211.40 Million | ▼ -1.2 pp |
| 1997 | 90.8% | $252.10 Million | $277.70 Million | $463.60 Million | $211.50 Million | ▼ -28.5 pp |
| 1996 | 119.2% | $130.10 Million | $109.10 Million | $233.40 Million | $103.30 Million | — |