National Energy Services Reunited Corp. (NESR) quarterly balance sheet — complete assets, liabilities & equity history
National Energy Services Reunited Corp. (NESR) balance sheet — 8-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q4'19 |
|---|
| Total Current Assets | 815.37M | 689.62M | 630.37M | 595.88M | 619.92M | 554.85M | 540.52M | 577.15M | 560.77M | - | 541.72M | 627.37M | 533.5M | 486.42M | 499.47M | 515.22M | 489.81M | 490.54M | 415.86M | 403.21M |
| Cash & Short-Term Investments | 174.99M | 92.96M | 124.8M | 69.68M | 131.8M | 78.69M | 107.96M | 118.17M | 75M | - | 67.82M | 205.77M | 101.02M | 66.07M | 89.27M | 75.01M | 50.49M | 79.32M | 49.02M | 73.2M |
| Cash Only | 174.99M | 92.96M | 124.8M | 69.68M | 131.8M | 78.69M | 107.96M | 118.17M | 75M | - | 67.82M | 205.77M | 101.02M | 66.07M | 89.27M | 75.01M | 50.49M | 79.32M | 49.02M | 73.2M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 437.38M | 454.03M | 386.84M | 400.95M | 366.8M | 359.69M | 318.55M | 329.38M | 363.18M | - | 355.46M | 315.25M | 261.06M | 253.72M | 265.17M | 293.75M | 304.04M | 255.22M | 229.41M | 189.16M |
| Days Sales Outstanding | 77.89 | 93.53 | 90.99 | 119.59 | 100.97 | 100.69 | 86.72 | 94.76 | 101.7 | - | 99.51 | 125.41 | 108.63 | 100.5 | 118.4 | 128.99 | 117.78 | 108.49 | 95.56 | 107.52 |
| Inventory | 126.38M | 96.21M | 94.83M | 97.77M | 98.89M | 101.42M | 96.77M | 100.02M | 95.87M | - | 98.43M | 93.86M | 100.76M | 103.31M | 95.79M | 94.26M | 94.42M | 91.76M | 84.11M | 78.84M |
| Days Inventory Outstanding | 23.05 | 24.05 | 24.96 | 34.18 | 31.63 | 32.99 | 31.82 | 31.86 | 32.09 | - | 33.35 | 27.6 | 49.19 | 45.65 | 47.96 | 47.66 | 47.06 | 47.56 | 46.85 | 44.02 |
| Other Current Assets | 76.61M | 36.73M | 10.66M | 10.8M | 5.47M | 5.65M | 7.09M | 13.6M | 9.89M | - | 10.76M | 6.44M | 50.59M | 50.08M | 35.64M | 40.72M | 32.61M | 54.83M | 44.13M | 52.41M |
| Total Non-Current Assets | 1.28B | 1.23B | 1.22B | 1.21B | 1.21B | 1.21B | 1.23B | 1.23B | 1.23B | - | 1.26B | 1.2B | 1.23B | 1.22B | 1.15B | 1.18B | 1.17B | 1.17B | 1.12B | 1.12B |
| Property, Plant & Equipment | 556.38M | 502.13M | 485.75M | 459.64M | 447.54M | 450.87M | 464.19M | 452.81M | 450.65M | - | 474.29M | 425.51M | 466.73M | 452.45M | 423.65M | 437.74M | 458.5M | 458.16M | 426.06M | 419.31M |
| Fixed Asset Turnover | 0.98x | 0.82x | 0.84x | 0.65x | 0.73x | 0.66x | 0.75x | 0.74x | 0.72x | - | 0.68x | 0.47x | 0.47x | 0.54x | 0.49x | 0.48x | 0.48x | 0.46x | 0.47x | 0.46x |
| Goodwill | 645.1M | 645.1M | 645.1M | 645.1M | 645.1M | 645.1M | 645.1M | 645.1M | 645.1M | - | 645.1M | 645.1M | 629.67M | 628.75M | 620.92M | 620.92M | 596.86M | 595.71M | 574.76M | 574.76M |
| Intangible Assets | 38.05M | 42.43M | 47.09M | 51.74M | 56.39M | 61.04M | 65.7M | 70.35M | 75M | - | 84.3M | 121.62M | 126.32M | 131.42M | 106.4M | 110.38M | 115.2M | 119.21M | 118.88M | 122.71M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 42.3M | 44.65M | 43.21M | 56.77M | 58.15M | 57.47M | 58.18M | 57.45M | 57.84M | - | 52.33M | 11.71M | 10.16M | 7.85M | 3.05M | 2.8M | 3.07M | 1.28M | 1.08M | 2.37M |
| Total Assets | 2.1B | 1.92B | 1.85B | 1.81B | 1.83B | 1.77B | 1.77B | 1.8B | 1.79B | - | 1.8B | 1.83B | 1.77B | 1.71B | 1.65B | 1.69B | 1.66B | 1.66B | 1.54B | 1.53B |
| Asset Turnover | 0.26x | 0.21x | 0.22x | 0.16x | 0.18x | 0.17x | 0.19x | 0.19x | 0.18x | - | 0.17x | 0.12x | 0.13x | 0.14x | 0.13x | 0.13x | 0.13x | 0.13x | 0.13x | 0.12x |
| Asset Growth % | 14.78% | 8.74% | 4.39% | 0.35% | 2.11% | - | -1.34% | - | - | - | - | 8.28% | 6.19% | 2.52% | 7.6% | 10.82% | 13.33% | 13.95% | 12.97% | 13.61% |
| Total Current Liabilities | 801.66M | 660.29M | 604.92M | 542.5M | 558.1M | 502.57M | 503.51M | 523.22M | 523.88M | - | 533.45M | 431.87M | 423.02M | 354.79M | 327.09M | 359.37M | 337.49M | 330.24M | 243.88M | 228.14M |
| Accounts Payable | 603.19M | 483.05M | 421.06M | 356.41M | 352.62M | 306.63M | 305.31M | 350.58M | 373.39M | - | 351.24M | 314.57M | 143.75M | 138.91M | 137.75M | 144.61M | 147.27M | 123.21M | 91.66M | 65.7M |
| Days Payables Outstanding | 112.46 | 113.82 | 100.76 | 123.24 | 104.09 | 101.86 | 106.05 | 117.76 | 125 | - | 115.46 | 64.99 | 68.14 | 63.44 | 71.26 | 73.73 | 68.37 | 58.1 | 45.24 | 38.09 |
| Short-Term Debt | 116.33M | 113.84M | 121.7M | 125.77M | 131.91M | 127.67M | 128.46M | 125.13M | 105.74M | - | 120.63M | 87.07M | 150.54M | 138.99M | 108.64M | 89.86M | 104.64M | 111.45M | 62.07M | 52.96M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 12.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 45.1M | 32.56M | 37.07M | 30.35M | 37.56M | 29.8M | 29.09M | 33.77M | 29M | - | 31.07M | 5.41M | 119.45M | 69.41M | 69.76M | 115.47M | 76.24M | 86.43M | 82.59M | 101.93M |
| Current Ratio | 1.02x | 1.04x | 1.04x | 1.10x | 1.11x | 1.10x | 1.07x | 1.10x | 1.07x | - | 1.02x | 1.45x | 1.26x | 1.37x | 1.53x | 1.43x | 1.45x | 1.49x | 1.71x | 1.77x |
| Quick Ratio | 0.86x | 0.90x | 0.89x | 0.92x | 0.93x | 0.90x | 0.88x | 0.91x | 0.89x | - | 0.83x | 1.24x | 1.02x | 1.08x | 1.23x | 1.17x | 1.17x | 1.21x | 1.36x | 1.42x |
| Cash Conversion Cycle | -11.53 | 3.75 | 15.19 | 30.53 | 28.51 | 31.82 | 12.49 | 8.86 | 8.79 | - | 17.4 | 88.02 | 89.68 | 82.71 | 95.1 | 102.92 | 96.47 | 97.95 | 97.17 | 113.45 |
| Total Non-Current Liabilities | 253.49M | 268.43M | 278.68M | 309.98M | 332.09M | 346.27M | 361.93M | 406.08M | 414.09M | - | 442.8M | 578.39M | 354.54M | 367.96M | 355.46M | 387.45M | 399.98M | 422.42M | 393.27M | 411.48M |
| Long-Term Debt | 159.71M | 175.54M | 209.82M | 207.18M | 222.92M | 238.65M | 254.39M | 284.18M | 301.33M | - | 331.56M | 508.76M | 276.49M | 287.48M | 298.48M | 308.61M | 319.74M | 335.46M | 323.24M | 330.56M |
| Capital Lease Obligations | 23.03M | 22.68M | 18.45M | 19.75M | 19.84M | 20M | 20.84M | 22.55M | 21.6M | - | 25.14M | 0 | 0 | 22M | 2.1M | 0 | 3.8M | 7.3M | 0 | 0 |
| Deferred Tax Liabilities | 660K | 918K | 1.69M | 4.32M | 5.34M | 5.75M | 5.63M | 0 | 0 | - | 0 | 8.89M | 17.15M | 19.45M | 20.18M | 25.25M | 22.89M | 24.09M | 24.96M | 29.94M |
| Other Non-Current Liabilities | 70.1M | 69.29M | 48.72M | 78.72M | 83.99M | 81.88M | 81.07M | 99.35M | 91.16M | - | 86.09M | 37.2M | 60.9M | 39.03M | 34.7M | 53.59M | 53.56M | 55.58M | 45.07M | 50.98M |
| Total Liabilities | 1.06B | 928.72M | 883.6M | 852.47M | 890.19M | 848.84M | 865.45M | 929.3M | 937.97M | - | 976.25M | 1.01B | 777.55M | 722.75M | 682.54M | 746.81M | 737.47M | 752.66M | 637.15M | 639.62M |
| Total Debt | 299.06M | 312.06M | 349.97M | 356.44M | 379.51M | 391.59M | 409.13M | 437.83M | 433.98M | - | 484.75M | 595.84M | 427.04M | 448.47M | 409.22M | 398.47M | 428.18M | 454.21M | 385.31M | 383.53M |
| Net Debt | 124.07M | 219.11M | 225.17M | 286.76M | 247.71M | 312.89M | 301.18M | 319.67M | 358.99M | - | 416.93M | 390.07M | 326.02M | 382.39M | 319.95M | 323.46M | 377.69M | 374.89M | 336.3M | 310.33M |
| Debt / Equity | 0.29x | 0.31x | 0.36x | 0.37x | 0.41x | 0.43x | 0.45x | 0.50x | 0.51x | - | 0.59x | 0.73x | 0.43x | 0.46x | 0.42x | 0.42x | 0.46x | 0.50x | 0.43x | 0.43x |
| Debt / EBITDA | 2.96x | 4.47x | 5.31x | 6.58x | 6.03x | 6.87x | 4.92x | 6.27x | 6.26x | - | 7.62x | - | 10.14x | 9.70x | 8.86x | 9.68x | 8.37x | 9.42x | 8.07x | 10.01x |
| Net Debt / EBITDA | 1.23x | 3.14x | 3.42x | 5.29x | 3.93x | 5.49x | 3.62x | 4.58x | 5.18x | - | 6.56x | - | 7.74x | 8.27x | 6.93x | 7.86x | 7.38x | 7.77x | 7.04x | 8.10x |
| Interest Coverage | 9.37x | 5.73x | 2.99x | 2.51x | 3.27x | 2.66x | 4.04x | 3.61x | 3.63x | 2.37x | 1.72x | -16.20x | 1.84x | 4.16x | 5.14x | 6.36x | 5.02x | 4.21x | 4.21x | 2.38x |
| Total Equity | 1.04B | 995.21M | 967.92M | 956.65M | 936.9M | 920.48M | 908.23M | 873.55M | 851.39M | - | 821.49M | 821.03M | 988.83M | 984.15M | 970.94M | 944.42M | 925.97M | 912.23M | 899.5M | 886.47M |
| Equity Growth % | 11.22% | 8.12% | 6.57% | 9.51% | 10.04% | - | 10.56% | - | - | - | - | -13.06% | 6.79% | 7.88% | 7.94% | 6.54% | 5.09% | 5.08% | 5.16% | 6.68% |
| Book Value per Share | 10.10 | 9.67 | 9.47 | 9.50 | 9.60 | 9.52 | 9.49 | 9.13 | 8.91 | - | 8.63 | 9.02 | 10.62 | 10.40 | 10.56 | 10.47 | 10.30 | 10.34 | 10.31 | 10.17 |
| Total Shareholders' Equity | 1.04B | 995.21M | 967.92M | 956.65M | 936.9M | 920.48M | 908.23M | 873.55M | 851.39M | - | 821.49M | 821.03M | 988.84M | 984.15M | 970.95M | 944.43M | 925.91M | 912.17M | 899.5M | 886.47M |
| Common Stock | 909.13M | 906.31M | 902.85M | 899.38M | 897.37M | 896.15M | 894.29M | 886.45M | 884.9M | - | 883.87M | 856.79M | 854.3M | 851.55M | 846.16M | 826.61M | 801.54M | 801.54M | 801.54M | 801.54M |
| Retained Earnings | 132.85M | 88.83M | 65M | 57.2M | 39.46M | 24.26M | 13.87M | -12.97M | -33.59M | - | -62.44M | -35.83M | 134.44M | 132.51M | 124.69M | 117.75M | 101.23M | 89.56M | 79.03M | 67.66M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 69K | 69K | 69K | 69K | 69K | 69K | 69K | 69K | 69K | - | 69K | 69K | 97K | 97K | 97K | 64K | 64K | 64K | 58K | 29K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | 0 | -8K | -8K | -8K | -8K | 56K | 59K | 0 | 0 |