NOV Non Operating Income Net Other from 2010 to 2024

NOV Stock  USD 18.54  0.02  0.11%   
NOV Non Operating Income Net Other yearly trend continues to be fairly stable with very little volatility. Non Operating Income Net Other is likely to outpace its year average in 2024. During the period from 2010 to 2024, NOV Non Operating Income Net Other regression line of quarterly data had mean square error of 7716.6 T and geometric mean of  39,835,358. View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2009-06-30
Previous Quarter
40 M
Current Value
16 M
Quarterly Volatility
36.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV main balance sheet or income statement drivers, such as Depreciation And Amortization of 359.8 M, Interest Expense of 46.8 M or Total Revenue of 8.8 B, as well as many exotic indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0155 or PTB Ratio of 2.1. NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.
  
This module can also supplement NOV's financial leverage analysis and stock options assessment as well as various NOV Technical models . Check out the analysis of NOV Correlation against competitors.

Latest NOV's Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of NOV Inc over the last few years. It is NOV's Non Operating Income Net Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NOV's overall financial position and show how it may be relating to other accounts over time.
Non Operating Income Net Other10 Years Trend
Very volatile
   Non Operating Income Net Other   
       Timeline  

NOV Non Operating Income Net Other Regression Statistics

Arithmetic Mean(35,270,667)
Geometric Mean39,835,358
Coefficient Of Variation(240.17)
Mean Deviation63,383,467
Median(14,000,000)
Standard Deviation84,711,140
Sample Variance7176T
Range322M
R-Value0.04
Mean Square Error7716.6T
R-Squared0
Significance0.89
Slope727,786
Total Sum of Squares100463.7T

NOV Non Operating Income Net Other History

202449.1 M
202346.8 M
202252 M
2021-19 M
2020-270 M
2019-83 M
2018-77 M

About NOV Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NOV income statement, its balance sheet, and the statement of cash flows. NOV investors use historical funamental indicators, such as NOV's Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although NOV investors may use each financial statement separately, they are all related. The changes in NOV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NOV's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NOV Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NOV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Operating Income Net Other46.8 M49.1 M

NOV Investors Sentiment

The influence of NOV's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in NOV. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to NOV's public news can be used to forecast risks associated with an investment in NOV. The trend in average sentiment can be used to explain how an investor holding NOV can time the market purely based on public headlines and social activities around NOV Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
NOV's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NOV's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average NOV's news discussions. The higher the estimated score, the more favorable is the investor's outlook on NOV.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NOV in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NOV's short interest history, or implied volatility extrapolated from NOV options trading.

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When determining whether NOV Inc is a strong investment it is important to analyze NOV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NOV's future performance. For an informed investment choice regarding NOV Stock, refer to the following important reports:
Check out the analysis of NOV Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.
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Is NOV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NOV. If investors know NOV will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NOV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
0.2
Earnings Share
2.48
Revenue Per Share
22.302
Quarterly Revenue Growth
0.098
The market value of NOV Inc is measured differently than its book value, which is the value of NOV that is recorded on the company's balance sheet. Investors also form their own opinion of NOV's value that differs from its market value or its book value, called intrinsic value, which is NOV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NOV's market value can be influenced by many factors that don't directly affect NOV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NOV's value and its price as these two are different measures arrived at by different means. Investors typically determine if NOV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NOV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.