National Energy Services Reunited Corp. (NESR)

NESR Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	69.68	107.96	67.82	78.85	205.77	75.01
Cash & Short-Term Investments	69.68	107.96	67.82	78.85	205.77	75.01
Cash Growth	-41.03%	59.18%	-13.99%	-61.68%	174.32%	2.47%
Accounts Receivable	319.1	249	267.27	258.9	238.9	275.29
Other Receivables	63.26	38.48	39.78	38.27	35.25	18.45
Receivables	382.37	287.48	307.04	297.17	274.15	293.75
Inventory	97.77	96.77	98.43	110.52	93.86	94.26
Prepaid Expenses	16.68	10.15	9.24	0.34	6.04	11.48
Other Current Assets	29.38	38.17	59.18	50.94	47.54	40.72
Total Current Assets	595.88	540.52	541.72	537.81	627.37	515.22
Property, Plant & Equipment	459.64	464.19	474.29	491.03	425.51	437.74
Long-Term Investments	-	27.53	22.98	30.29	7.6	-
Goodwill	645.1	645.1	645.1	645.1	645.1	620.92
Other Intangible Assets	51.74	65.7	84.3	102.91	121.62	110.38
Other Long-Term Assets	56.77	30.66	29.35	21.19	4.11	2.8
Total Assets	1,809	1,774	1,798	1,828	1,831	1,687
Accounts Payable	356.41	304.01	345.74	341.94	306.07	144.61
Accrued Expenses	26.22	27.48	14.67	7.6	5.23	85.07
Short-Term Debt	61.27	59.72	48.89	89.89	78.32	42.36
Current Portion of Long-Term Debt	64.5	70.04	77.24	64.95	17.26	47.5
Current Portion of Leases	3.74	10.79	10.81	8.53	4.4	23
Current Income Taxes Payable	-	7.73	8.42	7.26	7.18	9.42
Other Current Liabilities	30.35	23.75	27.67	23.9	13.42	7.4
Total Current Liabilities	542.5	503.51	533.45	544.07	431.87	359.37
Long-Term Debt	207.18	254.39	331.57	391.86	508.76	308.61
Long-Term Leases	19.76	20.84	29.27	25.24	2.2	5.5
Pension & Post-Retirement Benefits	34.94	31.81	28.94	24.38	23.53	21.52
Long-Term Deferred Tax Liabilities	4.32	5.63	-	-	8.89	21.07
Other Long-Term Liabilities	43.78	49.27	53.03	40.42	35	26.57
Total Liabilities	852.47	865.45	976.25	1,026	1,010	742.64
Common Stock	899.38	894.29	883.87	877.3	856.79	826.61
Retained Earnings	57.2	13.87	-62.44	-75.02	-35.83	117.75
Comprehensive Income & Other	0.07	0.07	0.07	0.07	0.07	0.06
Total Common Equity	956.65	908.23	821.49	802.35	821.03	944.43
Minority Interest	-	-	-	-	-	-0.01
Shareholders' Equity	956.65	908.23	821.49	802.35	821.03	944.42
Total Liabilities & Equity	1,809	1,774	1,798	1,828	1,831	1,687
Total Debt	356.44	415.77	497.78	580.47	610.94	426.97
Net Cash (Debt)	-286.76	-307.81	-429.96	-501.62	-405.17	-351.96
Net Cash Per Share	-2.94	-3.22	-4.54	-5.40	-4.45	-3.95
Filing Date Shares Outstanding	100.78	96.05	95	95	91.04	87.78
Total Common Shares Outstanding	100.78	96.05	95	94.01	91.04	87.78
Working Capital	53.38	37	8.27	-6.25	195.5	155.85
Book Value Per Share	9.49	9.46	8.65	8.53	9.02	10.76
Tangible Book Value	259.82	197.44	92.1	54.34	54.32	213.13
Tangible Book Value Per Share	2.58	2.06	0.97	0.58	0.60	2.43
Land	11.66	11.66	11.66	11.66	11.66	5.1
Buildings	55.99	55.28	57	52.44	41.78	31.83
Machinery	814.11	774.28	780.7	708.96	596.73	583.85
Construction In Progress	52.5	40.29	14.11	11.32	8.94	10.22

Updated Nov 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q