What is NOVA, Inc.'s cash ratio?

NOVA, Inc. (NOV) reported cash ratio of 0.6× in Q1 2026.

How has NOVA, Inc.'s cash ratio changed year-over-year?

NOVA, Inc.'s cash ratio increased by 9.3% year-over-year, from 0.5× to 0.6×.

What is the long-term trend for NOVA, Inc.'s cash ratio?

Over 5 years (2020 to 2025), NOVA, Inc.'s cash ratio has grown at a -6.6% compound annual growth rate (CAGR), from 0.9× to 0.6×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

NOVA, Inc. NOV Cash ratio

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0.4×+0.1×

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0.2×0.0×

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1.1×+0.8×

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0.1×+0.1×

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0.9×+0.6×

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0.1×+0.1×

Other financials

Income statement

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Revenue$2.1B-2.4%

Gross profit$379.0M-15.2%

Operating income$47.0M-69.1%

Net income$19.0M-74.0%

EPS (diluted)$0.05-73.7%

Balance sheet

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Cash & equivalents$1.3B+16.0%

Total debt$2.0B-1.7%

Total equity$6.2B-3.5%

Total assets$11.1B-1.2%

Cash flow

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Operating cash flow-$26.0M-119%

CapEx$65.0M-22.6%

Free cash flow-$91.0M-278%

Valuation

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Market cap$6.7B+17.0%

Enterprise value$7.4B+11.3%

P/E27.7×+15.0×

P/S0.8×+0.1×

Profitability

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Gross margin19.5%-3.1pp

Operating margin4.5%-5.3pp

Net margin4.4%-7.7pp

FCF margin8.4%-4.6pp

Returns & leverage

See full

Return on equity5.9%-12.0pp

Debt / equity0.3×0.0×

Current ratio2.5×-0.2×

Where this comes from

Calculated from NOVA, Inc.’s reported figures.

cash and equivalents/total current liabilities=0.6×

Based on the most recent quarter.

The official record: NOVA, Inc.’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NOVA, Inc.'s cash ratio?: NOVA, Inc. (NOV) reported cash ratio of 0.6× in Q1 2026.
How has NOVA, Inc.'s cash ratio changed year-over-year?: NOVA, Inc.'s cash ratio increased by 9.3% year-over-year, from 0.5× to 0.6×.
What is the long-term trend for NOVA, Inc.'s cash ratio?: Over 5 years (2020 to 2025), NOVA, Inc.'s cash ratio has grown at a -6.6% compound annual growth rate (CAGR), from 0.9× to 0.6×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.