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NOVA, Inc. NOV Intangible Assets Translation And Purchase Accounting Adjustments

Discontinued — last reported Q4 '23

Segments

By segment

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Energy Equipments$3M+250%

Other financials

Income statement

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Revenue$2.1B-2.5%
Gross profit$521.0M+16.8%
Operating income$193.0M+35.0%
Net income$112.0M+3.7%
EPS (diluted)$0.31+6.9%

Balance sheet

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Cash & equivalents$1.2B+7.8%
Total debt$2.0B-2.0%
Total equity$6.2B-4.6%
Total assets$11.2B-1.4%

Cash flow

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Operating cash flow-$26.0M-119%
CapEx$81.0M-2.4%
Free cash flow-$64.0M-159%

Valuation

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Market cap$6.95B+56.5%
Enterprise value$7.82B+43.9%
P/E24.7×+13.4×
P/S0.8×+0.3×

Profitability

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Gross margin20.5%-0.6pp
Operating margin5.1%-2.8pp
Net margin4.4%-7.7pp
FCF margin6.5%-3.8pp

Returns & leverage

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Return on equity5.9%-12.0pp
Debt / equity0.3×0.0×
Current ratio2.4×-0.2×

Where this comes from

Reported directly by NOVA, Inc. in its filing.

Tagged under the XBRL concept nov:IntangibleAssetsTranslationAndPurchaseAccountingAdjustments.

The source filing: NOVA, Inc.’s 10-K, filed February 14, 2024.

Filed
Feb 14, 2024
Fiscal year
FY2023
Accession
0000950170-24-015145
Line itemWellbore TechnologiesCompletion & Production SolutionsRig TechnologiesTotal
Additions to intangible assets33
Adjustment during the measurement period of assets acquired3232
Amortization(17)(5)(29)(51)
Currency translation adjustments33
Balance at December 31, 2022$282$37$171$490
Additions to intangible assets22
Amortization(17)(5)(21)(43)
Currency translation adjustments11

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is NOVA, Inc.'s intangible assets translation and purchase accounting adjustments?
NOVA, Inc. (NOV) reported intangible assets translation and purchase accounting adjustments of $250K in Q4 2023.
How has NOVA, Inc.'s intangible assets translation and purchase accounting adjustments changed year-over-year?
NOVA, Inc.'s intangible assets translation and purchase accounting adjustments decreased by 66.7% year-over-year, from $750K to $250K.
What is the long-term trend for NOVA, Inc.'s intangible assets translation and purchase accounting adjustments?
Over 2 years (2021 to 2023), NOVA, Inc.'s intangible assets translation and purchase accounting adjustments has grown at a -42.3% compound annual growth rate (CAGR), from -$3M to $1M.

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