Is it safe?
Can NOV take a bad year?
NOV Inc. carries $373M of net debt at 0.50× EBITDA: a load its earnings can carry.
$373M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.50×
Net debt / EBITDA · 0.48× a year ago · the load is going up
- Altman Z-score
- 2.02
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 4.42×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $1.72B
- Cash and short-term investments
- $1.34B
- Net debt
- $373M
- EBITDA, trailing twelve months
- $747M
- Operating profit, trailing twelve months
- $389M
- Debt / equity
- 0.28×
- Total debt / EBITDA
- 2.30×
- Annualised volatilitytwo years of daily moves
- 40%
- Worst drawdown on file
- −83%
- Below its 52-week high
- −6.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Equipment & Services
Ranks #21 of 27 by Smart Score