NOV Inc (NOV)
18.68
+0.18
(+1.00%)
USD |
NYSE |
Apr 19, 10:20
NOV Debt to Equity Ratio: 0.2797 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.2797 |
| September 30, 2023 | 0.3132 |
| June 30, 2023 | 0.318 |
| March 31, 2023 | 0.3303 |
| December 31, 2022 | 0.3395 |
| September 30, 2022 | 0.3554 |
| June 30, 2022 | 0.3512 |
| March 31, 2022 | 0.3465 |
| December 31, 2021 | 0.3428 |
| September 30, 2021 | 0.3401 |
| June 30, 2021 | 0.3301 |
| March 31, 2021 | 0.3643 |
| December 31, 2020 | 0.352 |
| September 30, 2020 | 0.3338 |
| June 30, 2020 | 0.3716 |
| March 31, 2020 | 0.3649 |
| December 31, 2019 | 0.2557 |
| September 30, 2019 | 0.3083 |
| June 30, 2019 | 0.2952 |
| March 31, 2019 | 0.1804 |
| December 31, 2018 | 0.1796 |
| September 30, 2018 | 0.1952 |
| June 30, 2018 | 0.1953 |
| March 31, 2018 | 0.1927 |
| December 31, 2017 | 0.1924 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.2281 |
| June 30, 2017 | 0.2303 |
| March 31, 2017 | 0.2308 |
| December 31, 2016 | 0.2306 |
| September 30, 2016 | 0.217 |
| June 30, 2016 | 0.2035 |
| March 31, 2016 | 0.2066 |
| December 31, 2015 | 0.2386 |
| September 30, 2015 | 0.2197 |
| June 30, 2015 | 0.2275 |
| March 31, 2015 | 0.223 |
| December 31, 2014 | 0.153 |
| September 30, 2014 | 0.1462 |
| June 30, 2014 | 0.1476 |
| March 31, 2014 | 0.1387 |
| December 31, 2013 | 0.1417 |
| September 30, 2013 | 0.1733 |
| June 30, 2013 | 0.1975 |
| March 31, 2013 | 0.2116 |
| December 31, 2012 | 0.1556 |
| September 30, 2012 | 0.0781 |
| June 30, 2012 | 0.0769 |
| March 31, 2012 | 0.0277 |
| December 31, 2011 | 0.0289 |
| September 30, 2011 | 0.0299 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2557
Minimum
Dec 2019
0.3716
Maximum
Jun 2020
0.3312
Average
0.3395
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Cactus Inc | 0.00 |
| Dril-Quip Inc | 0.00 |
| Natural Gas Services Group Inc | 0.6952 |
| Superior Drilling Products Inc | 0.1348 |
| Drilling Tools International Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 11.29B |
| Total Liabilities (Quarterly) | 5.052B |
| Shareholders Equity (Quarterly) | 6.168B |
| Current Ratio | 2.398 |
| Net Debt Paydown Yield | 0.01% |