Analysis of Geographic Areas
National Oilwell Varco Inc. operates in 7 regions: United States; South Korea; Singapore; United Kingdom; Brazil; Canada; and Other Countries.
Area Asset Turnover
National Oilwell Varco Inc., asset turnover by geographic area
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 2.10 | 3.35 | 4.37 | 5.17 | 3.65 |
| South Korea | 17.99 | 30.73 | 27.99 | 27.87 | 23.27 |
| Singapore | 13.27 | 13.30 | 19.68 | 12.02 | 8.38 |
| United Kingdom | 3.89 | 3.65 | 3.53 | 3.02 | 3.55 |
| Brazil | 2.68 | 4.48 | 3.00 | 3.10 | 4.32 |
| Canada | 4.68 | 6.52 | 11.37 | 10.07 | 8.08 |
| Other Countries | 8.95 | 10.61 | 8.87 | 7.72 | 10.29 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
| South Korea | South Korea area asset turnover ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. | |
| Singapore | Singapore area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. | |
| United Kingdom | United Kingdom area asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. | |
| Brazil | Brazil area asset turnover ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. | |
| Canada | Canada area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. | |
| Other Countries | Other Countries area asset turnover ratio improved from 2013 to 2014 but then slightly deteriorated from 2014 to 2015 not reaching 2013 level. |
Area Asset Turnover: United States
National Oilwell Varco Inc.; United States; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated revenues | 3,640) | 6,097) | 8,003) | 8,297) | 5,449) |
| Long-lived assets | 1,735) | 1,818) | 1,830) | 1,606) | 1,493) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.10 | 3.35 | 4.37 | 5.17 | 3.65 |
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).
1 2015 Calculation
Area asset turnover = Consolidated revenues ÷ Long-lived assets
= 3,640 ÷ 1,735 = 2.10
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Asset Turnover: South Korea
National Oilwell Varco Inc.; South Korea; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated revenues | 1,835) | 3,472) | 3,219) | 3,121) | 2,257) |
| Long-lived assets | 102) | 113) | 115) | 112) | 97) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 17.99 | 30.73 | 27.99 | 27.87 | 23.27 |
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).
1 2015 Calculation
Area asset turnover = Consolidated revenues ÷ Long-lived assets
= 1,835 ÷ 102 = 17.99
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | South Korea | South Korea area asset turnover ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Area Asset Turnover: Singapore
National Oilwell Varco Inc.; Singapore; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated revenues | 1,035) | 1,157) | 1,850) | 1,118) | 721) |
| Long-lived assets | 78) | 87) | 94) | 93) | 86) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 13.27 | 13.30 | 19.68 | 12.02 | 8.38 |
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).
1 2015 Calculation
Area asset turnover = Consolidated revenues ÷ Long-lived assets
= 1,035 ÷ 78 = 13.27
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Singapore | Singapore area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Asset Turnover: United Kingdom
National Oilwell Varco Inc.; United Kingdom; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated revenues | 634) | 715) | 705) | 523) | 465) |
| Long-lived assets | 163) | 196) | 200) | 173) | 131) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 3.89 | 3.65 | 3.53 | 3.02 | 3.55 |
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).
1 2015 Calculation
Area asset turnover = Consolidated revenues ÷ Long-lived assets
= 634 ÷ 163 = 3.89
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United Kingdom | United Kingdom area asset turnover ratio improved from 2013 to 2014 and from 2014 to 2015. |
Area Asset Turnover: Brazil
National Oilwell Varco Inc.; Brazil; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated revenues | 605) | 1,299) | 811) | 503) | 397) |
| Long-lived assets | 226) | 290) | 270) | 162) | 92) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.68 | 4.48 | 3.00 | 3.10 | 4.32 |
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).
1 2015 Calculation
Area asset turnover = Consolidated revenues ÷ Long-lived assets
= 605 ÷ 226 = 2.68
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Brazil | Brazil area asset turnover ratio improved from 2013 to 2014 but then deteriorated significantly from 2014 to 2015. |
Area Asset Turnover: Canada
National Oilwell Varco Inc.; Canada; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated revenues | 365) | 645) | 1,398) | 1,319) | 913) |
| Long-lived assets | 78) | 99) | 123) | 131) | 113) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.68 | 6.52 | 11.37 | 10.07 | 8.08 |
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).
1 2015 Calculation
Area asset turnover = Consolidated revenues ÷ Long-lived assets
= 365 ÷ 78 = 4.68
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio deteriorated from 2013 to 2014 and from 2014 to 2015. |
Area Asset Turnover: Other Countries
National Oilwell Varco Inc.; Other Countries; area asset turnover calculation
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Consolidated revenues | 6,643) | 8,055) | 6,883) | 5,160) | 4,456) |
| Long-lived assets | 742) | 759) | 776) | 668) | 433) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 8.95 | 10.61 | 8.87 | 7.72 | 10.29 |
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).
1 2015 Calculation
Area asset turnover = Consolidated revenues ÷ Long-lived assets
= 6,643 ÷ 742 = 8.95
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other Countries | Other Countries area asset turnover ratio improved from 2013 to 2014 but then slightly deteriorated from 2014 to 2015 not reaching 2013 level. |
Consolidated revenues
National Oilwell Varco Inc., consolidated revenues by geographic area
US$ in millions
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 3,640) | 6,097) | 8,003) | 8,297) | 5,449) |
| South Korea | 1,835) | 3,472) | 3,219) | 3,121) | 2,257) |
| Singapore | 1,035) | 1,157) | 1,850) | 1,118) | 721) |
| United Kingdom | 634) | 715) | 705) | 523) | 465) |
| Brazil | 605) | 1,299) | 811) | 503) | 397) |
| Canada | 365) | 645) | 1,398) | 1,319) | 913) |
| Other Countries | 6,643) | 8,055) | 6,883) | 5,160) | 4,456) |
| Total | 14,757) | 21,440) | 22,869) | 20,041) | 14,658) |
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).
Long-lived assets
National Oilwell Varco Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
|---|---|---|---|---|---|
| United States | 1,735) | 1,818) | 1,830) | 1,606) | 1,493) |
| South Korea | 102) | 113) | 115) | 112) | 97) |
| Singapore | 78) | 87) | 94) | 93) | 86) |
| United Kingdom | 163) | 196) | 200) | 173) | 131) |
| Brazil | 226) | 290) | 270) | 162) | 92) |
| Canada | 78) | 99) | 123) | 131) | 113) |
| Other Countries | 742) | 759) | 776) | 668) | 433) |
| Total | 3,124) | 3,362) | 3,408) | 2,945) | 2,445) |
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).