0(0%) Volume: 2,398,107 1:15AM EDT| Market Cap : 16.62 B | Enterprise Value : 18.27 B | P/E (TTM) : | P/B : 1.21 |
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National Oilwell Varco Inc's Current Portion of Long-Term Debt for the quarter that ended in Jun. 2018 was $8 Mil. National Oilwell Varco Inc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $2,707 Mil. National Oilwell Varco Inc's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $13,900 Mil. National Oilwell Varco Inc's debt to equity for the quarter that ended in Jun. 2018 was 0.20.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
During the past 13 years, the highest Debt-to-Equity Ratio of National Oilwell Varco Inc was 3.16. The lowest was 0.03. And the median was 0.21.
* 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
National Oilwell Varco Inc Quarterly Data
| Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | |
| Debt-to-Equity |
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0.23 | 0.23 | 0.19 | 0.19 | 0.20 |
* The bar in red indicates where National Oilwell Varco Inc's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
National Oilwell Varco Inc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 is calculated as
| Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
| = | (Current Portion of Long-Term Debt | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
| = | (6 | + | 2706) | / | 14094 | |
| = | 0.19 |
National Oilwell Varco Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2018 is calculated as
| Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
| = | (Current Portion of Long-Term Debt | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
| = | (8 | + | 2707) | / | 13900 | |
| = | 0.20 |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
From the Internet
- Seekingalpha 2018-09-24 01:12:02
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