Stock Analysis on Net

National Oilwell Varco Inc. (NYSE:NOV)

This company has been moved to the archive! The financial data has not been updated since August 3, 2016.

Analysis of Liquidity Ratios 
Quarterly Data

Microsoft Excel

Liquidity ratios measure the company ability to meet its short-term obligations.


Liquidity Ratios (Summary)

National Oilwell Varco Inc., liquidity ratios (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Current ratio 3.12 2.93 2.78 2.49 2.50 2.29 2.19 2.31 2.31 2.42 2.46 2.57 2.71 2.70 2.78 2.41 2.01 2.36 2.24 2.54 2.64 2.60
Quick ratio 1.26 1.16 1.18 1.00 1.06 1.06 1.08 1.19 1.20 1.27 1.25 1.19 1.20 1.21 1.35 1.01 0.89 1.23 1.26 1.47 1.48 1.41
Cash ratio 0.56 0.51 0.49 0.36 0.45 0.45 0.48 0.57 0.56 0.52 0.51 0.43 0.41 0.44 0.59 0.30 0.30 0.62 0.65 0.82 0.81 0.74

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. National Oilwell Varco Inc. current ratio improved from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. National Oilwell Varco Inc. quick ratio deteriorated from Q4 2015 to Q1 2016 but then improved from Q1 2016 to Q2 2016 exceeding Q4 2015 level.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. National Oilwell Varco Inc. cash ratio improved from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.

Current Ratio

National Oilwell Varco Inc., current ratio calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Current assets 9,204 10,048 11,801 12,933 14,167 15,299 16,162 16,670 16,003 17,211 16,423 16,255 15,221 14,994 15,678 13,667 13,014 12,836 12,110 12,038 11,226 10,739
Current liabilities 2,947 3,435 4,249 5,193 5,672 6,667 7,374 7,201 6,915 7,098 6,678 6,317 5,619 5,546 5,649 5,681 6,481 5,445 5,416 4,744 4,250 4,132
Liquidity Ratio
Current ratio1 3.12 2.93 2.78 2.49 2.50 2.29 2.19 2.31 2.31 2.42 2.46 2.57 2.71 2.70 2.78 2.41 2.01 2.36 2.24 2.54 2.64 2.60
Benchmarks
Current Ratio, Competitors2
Schlumberger Ltd.

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
Current ratio = Current assets ÷ Current liabilities
= 9,204 ÷ 2,947 = 3.12

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. National Oilwell Varco Inc. current ratio improved from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.

Quick Ratio

National Oilwell Varco Inc., quick ratio calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Cash and cash equivalents 1,661 1,759 2,080 1,846 2,544 3,024 3,536 4,091 3,885 3,688 3,436 2,741 2,327 2,441 3,319 1,702 1,917 3,390 3,535 3,870 3,440 3,060
Receivables, net 2,044 2,212 2,926 3,325 3,476 4,024 4,416 4,482 4,427 5,310 4,896 4,801 4,424 4,279 4,320 4,033 3,860 3,330 3,291 3,109 2,849 2,757
Total quick assets 3,705 3,971 5,006 5,171 6,020 7,048 7,952 8,573 8,312 8,998 8,332 7,542 6,751 6,720 7,639 5,735 5,777 6,720 6,826 6,979 6,289 5,817
 
Current liabilities 2,947 3,435 4,249 5,193 5,672 6,667 7,374 7,201 6,915 7,098 6,678 6,317 5,619 5,546 5,649 5,681 6,481 5,445 5,416 4,744 4,250 4,132
Liquidity Ratio
Quick ratio1 1.26 1.16 1.18 1.00 1.06 1.06 1.08 1.19 1.20 1.27 1.25 1.19 1.20 1.21 1.35 1.01 0.89 1.23 1.26 1.47 1.48 1.41
Benchmarks
Quick Ratio, Competitors2
Schlumberger Ltd.

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 3,705 ÷ 2,947 = 1.26

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. National Oilwell Varco Inc. quick ratio deteriorated from Q4 2015 to Q1 2016 but then improved from Q1 2016 to Q2 2016 exceeding Q4 2015 level.

Cash Ratio

National Oilwell Varco Inc., cash ratio calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Cash and cash equivalents 1,661 1,759 2,080 1,846 2,544 3,024 3,536 4,091 3,885 3,688 3,436 2,741 2,327 2,441 3,319 1,702 1,917 3,390 3,535 3,870 3,440 3,060
Total cash assets 1,661 1,759 2,080 1,846 2,544 3,024 3,536 4,091 3,885 3,688 3,436 2,741 2,327 2,441 3,319 1,702 1,917 3,390 3,535 3,870 3,440 3,060
 
Current liabilities 2,947 3,435 4,249 5,193 5,672 6,667 7,374 7,201 6,915 7,098 6,678 6,317 5,619 5,546 5,649 5,681 6,481 5,445 5,416 4,744 4,250 4,132
Liquidity Ratio
Cash ratio1 0.56 0.51 0.49 0.36 0.45 0.45 0.48 0.57 0.56 0.52 0.51 0.43 0.41 0.44 0.59 0.30 0.30 0.62 0.65 0.82 0.81 0.74
Benchmarks
Cash Ratio, Competitors2
Schlumberger Ltd.

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 1,661 ÷ 2,947 = 0.56

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. National Oilwell Varco Inc. cash ratio improved from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.