Stock Analysis on Net
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.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

National Oilwell Varco Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Accounts payable 2.33 3.54 3.66 3.81 3.53
Accrued vendor costs 1.68 2.43 1.53 1.41 1.10
Customer prepayments and billings 1.59 2.09 1.93 2.22 2.69
Fair value of derivatives 0.98 0.88 0.09 0.06 0.33
Warranty 0.91 0.81 0.65 0.62 0.83
Compensation 0.90 1.97 1.48 1.62 1.83
Taxes, non income 0.65 0.63 0.54 0.48 0.47
Insurance 0.42 0.38 0.38 0.34 0.40
Accrued commissions 0.27 0.29 0.28 0.24 0.00
Interest 0.03 0.03 0.03 0.04 0.03
Other 1.10 0.97 1.03 1.13 1.64
Accrued liabilities 8.55% 10.48% 7.94% 8.17% 9.31%
Billings in excess of costs 2.94 5.29 5.09 3.78 3.39
Current portion of long-term debt and short-term borrowings 0.01 0.45 0.00 0.00 1.38
Accrued income taxes 0.99 1.28 1.60 1.13 2.78
Deferred income taxes 1.09 0.92 0.90 1.06 0.84
Current liabilities 15.90% 21.97% 19.18% 17.94% 21.23%
Long-term debt, excluding current portion 14.70 8.98 9.05 10.00 0.62
Deferred income taxes 6.75 5.88 6.58 6.34 7.26
Other liabilities 1.06 1.28 1.04 1.06 1.41
Noncurrent liabilities 22.51% 16.14% 16.67% 17.40% 9.29%
Total liabilities 38.41% 38.11% 35.86% 35.34% 30.52%
Common stock, par value $.01 0.01 0.01 0.01 0.01 0.02
Additional paid-in capital 29.95 24.85 25.59 27.77 33.45
Accumulated other comprehensive income (loss) -5.81 -2.48 -0.01 0.34 -0.09
Retained earnings 37.14 39.27 38.27 36.16 35.68
Total Company stockholders’ equity 61.30% 61.65% 63.86% 64.28% 69.05%
Noncontrolling interests 0.29 0.24 0.29 0.37 0.43
Total stockholders’ equity 61.59% 61.89% 64.14% 64.66% 69.48%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. National Oilwell Varco Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. National Oilwell Varco Inc. noncurrent liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2013 to 2014 but then increased from 2014 to 2015 exceeding 2013 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. National Oilwell Varco Inc. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2013 to 2014 and from 2014 to 2015.
Total Company stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. National Oilwell Varco Inc. total Company stockholders’ equity as a percentage of total liabilities and stockholders’ equity decreased from 2013 to 2014 and from 2014 to 2015.