NOV (MEX:NOV) LT-Debt-to-Total-Asset: 0.20 (As of Mar. 2026)

NOV MEX:NOV 72 LT-Debt-to-Total-Asset is 0.20 as of Mar. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 72/100 and a GF Value™ of MXN323.94. The stock has 5 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. NOV's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.20.

NOV's long-term debt to total assets ratio increased from Mar. 2025 (0.20) to Mar. 2026 (0.20). It may suggest that NOV is progressively becoming more dependent on debt to grow their business.

NOV (MEX:NOV) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

NOV LT-Debt-to-Total-Asset Related Terms

NOV LT-Debt-to-Total-Asset Historical Data

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The historical data trend for NOV's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

NOV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.24

0.22

0.20

NOV Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.20	0.20	0.20	0.20

72GF Score

NOV Inc MEX:NOV

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NOV LT-Debt-to-Total-Asset Calculation

NOV's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	39774.591	/	203302.359
	=	0.20

NOV's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	39888.332	/	200938.376
	=	0.20

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.20 mean?

NOV (MEX:NOV) has a LT-Debt-to-Total-Asset of 0.20 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NOV and its competitors.

Is NOV's LT-Debt-to-Total-Asset too high?

NOV's current LT-Debt-to-Total-Asset is 0.20. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.

How does NOV's LT-Debt-to-Total-Asset compare to AROC and WFRD?

NOV's LT-Debt-to-Total-Asset of 0.20 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 LT-Debt-to-Total-Asset for an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on NOV and its competitors. NOV's current LT-Debt-to-Total-Asset is 0.20. 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 LT-Debt-to-Total-Asset of 0.20. The stock's GF Value™ is MXN323.94, compared to a current price of MXN313.00 — trading 3.4% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.20. NOV's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For NOV (MEX:NOV), the current LT-Debt-to-Total-Asset is 0.20 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 undervalued. The current stock price of MXN313.00 is trading 3.4% below its estimated GF Value™ of MXN323.94.

Key valuation signals for MEX:NOV:

LT-Debt-to-Total-Asset: 0.20
GF Value™: MXN323.94 vs. price of MXN313.00 (3.4% below fair value)
GF Score™: 72/100 with 5 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 Energy Oil & Gas

Comparable Companies AROC WFRD KGS SEI LBRT OII USAC WHD TDW NESR SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT XPAR:TE

Other Exchanges NOV:USA 0K58:UK NO8:Germany N1OV34:Brazil

Address 10353 Richmond Avenue, Houston, TX, USA, 77042-4103

Website https://www.nov.com

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.

72GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN313.00

Price

MXN323.94

GF Value

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