NOV (MEX:NOV) Beginning Cash Position: MXN27,987 Mil (As of Mar. 2026)

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MEX:NOV NOV Inc MEX:NOV
73 GF Score
Price MXN313.00
GF Value MXN281.34
! 9 Warning Signs
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What is NOV Beginning Cash Position?

NOV MEX:NOV 73 Beginning Cash Position is MXN27,987 Mil as of Mar. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 73/100 and a GF Value™ of MXN281.34. The stock has 9 warning signs investors should review.

NOV's Beginning Cash Position for the quarter that ended in Mar. 2026 was MXN27,987 Mil.

NOV's quarterly Beginning Cash Position increased from Sep. 2025 (MXN19,812 Mil) to Dec. 2025 (MXN21,733 Mil) and increased from Dec. 2025 (MXN21,733 Mil) to Mar. 2026 (MXN27,987 Mil).

NOV's annual Beginning Cash Position declined from Dec. 2023 (MXN18,145 Mil) to Dec. 2024 (MXN17,018 Mil) but then increased from Dec. 2024 (MXN17,018 Mil) to Dec. 2025 (MXN22,147 Mil).

NOV Beginning Cash Position Related Terms

NOV Beginning Cash Position Historical Data

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The historical data trend for NOV's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NOV Beginning Cash Position Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,709.69 31,018.14 18,145.47 17,018.25 22,147.01

NOV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25,163.59 21,785.39 19,811.74 21,732.88 27,986.75
MEX:NOV
73GF Score
NOV Inc MEX:NOV
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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NOV Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of MXN27,987 Mil mean?
NOV (MEX:NOV) has a Beginning Cash Position of MXN27,987 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NOV and its competitors.
Is NOV's Beginning Cash Position too high?
NOV's current Beginning Cash Position is MXN27,987 Mil. Overall, NOV has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Beginning Cash Position compare to WFRD and AROC?
NOV's Beginning Cash Position of MXN27,987 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on NOV and its competitors. NOV's current Beginning Cash Position is MXN27,987 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOV stock overvalued right now?
NOV (MEX:NOV) has a current Beginning Cash Position of MXN27,987 Mil. The stock's GF Value™ is MXN281.34, compared to a current price of MXN313.00 — trading 11.3% above its estimated fair value. The current Beginning Cash Position is MXN27,987 Mil. NOV's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For NOV (MEX:NOV), the current Beginning Cash Position is MXN27,987 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NOV (MEX:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, NOV stock appears to be overvalued. The current stock price of MXN313.00 is trading 11.3% above its estimated GF Value™ of MXN281.34.

Key valuation signals for MEX:NOV:

  • Beginning Cash Position: MXN27,987 Mil
  • GF Value™: MXN281.34 vs. price of MXN313.00 (11.3% above fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the MEX:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NOV Business Description

Industry EnergyOil & Gas
Address 10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
73GF Score

Get the complete analysis for MEX:NOV

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN313.00
Price
MXN281.34
GF Value