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GuruFocus has detected 3 Warning Signs with National Oilwell Varco Inc \$NOV.
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National Oilwell Varco Inc (NYSE:NOV)
Total Equity
\$13,940 Mil (As of Dec. 2016)

National Oilwell Varco Inc's total equity for the quarter that ended in Dec. 2016 was \$13,940 Mil.

Total equity is used to calculate book value per share. National Oilwell Varco Inc's book value per share for the quarter that ended in Dec. 2016 was \$36.91. The ratio of a companys debt over equity can be used to measure how leveraged this company is. National Oilwell Varco Inc's debt to equity ratio for the quarter that ended in Dec. 2016 was 0.23.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

National Oilwell Varco Inc's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 21140 - 7200 = 13,940

National Oilwell Varco Inc's Total Equity for the quarter that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 21140 - 7200 = 13,940

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

1. Total equity is used to calculate book value per share.

National Oilwell Varco Inc's Book Value Per Share for the quarter that ended in Dec. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (13940 - 0) / 377.68 = 36.91

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

National Oilwell Varco Inc's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (506 + 2708) / 13940 = 0.23

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

National Oilwell Varco Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 6,661 12,628 14,113 15,748 17,619 20,239 22,230 20,692 16,383 13,940

National Oilwell Varco Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 21,523 20,692 19,037 18,927 18,126 16,383 16,355 16,118 14,818 13,940
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