National Energy Services Reunited Corp. (NESR)

NESR Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	107.96	67.82	78.85	205.77	75.01
Cash & Short-Term Investments	107.96	67.82	78.85	205.77	75.01
Cash Growth	59.18%	-13.99%	-61.68%	174.32%	2.47%
Accounts Receivable	249	267.27	258.9	238.9	275.29
Other Receivables	38.48	39.78	38.27	35.25	18.45
Receivables	287.48	307.04	297.17	274.15	293.75
Inventory	96.77	98.43	110.52	93.86	94.26
Prepaid Expenses	10.15	9.24	0.34	6.04	11.48
Other Current Assets	38.17	59.18	50.94	47.54	40.72
Total Current Assets	540.52	541.72	537.81	627.37	515.22
Property, Plant & Equipment	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	620.92
Other Intangible Assets	65.7	84.3	102.91	121.62	110.38
Other Long-Term Assets	30.66	29.35	21.19	4.11	2.8
Total Assets	1,774	1,798	1,828	1,831	1,687
Accounts Payable	304.01	345.74	341.94	306.07	144.61
Accrued Expenses	27.48	14.67	7.6	5.23	85.07
Short-Term Debt	59.72	48.89	89.89	78.32	42.36
Current Portion of Long-Term Debt	70.04	77.24	64.95	17.26	47.5
Current Portion of Leases	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	23.75	27.67	23.9	13.42	7.4
Total Current Liabilities	503.51	533.45	544.07	431.87	359.37
Long-Term Debt	254.39	331.57	391.86	508.76	308.61
Long-Term Leases	20.84	29.27	25.24	2.2	5.5
Long-Term Deferred Tax Liabilities	5.63	-	-	8.89	21.07
Other Long-Term Liabilities	49.27	53.03	40.42	35	26.57
Total Liabilities	865.45	976.25	1,026	1,010	742.64
Common Stock	894.29	883.87	877.3	856.79	826.61
Retained Earnings	13.87	-62.44	-75.02	-35.83	117.75
Comprehensive Income & Other	0.07	0.07	0.07	0.07	0.06
Total Common Equity	908.23	821.49	802.35	821.03	944.43
Minority Interest	-	-	-	-	-0.01
Shareholders' Equity	908.23	821.49	802.35	821.03	944.42
Total Liabilities & Equity	1,774	1,798	1,828	1,831	1,687
Total Debt	415.77	497.78	580.47	610.94	426.97
Net Cash (Debt)	-307.81	-429.96	-501.62	-405.17	-351.96
Net Cash Per Share	-3.22	-4.54	-5.40	-4.45	-3.95
Filing Date Shares Outstanding	96.05	95	95	91.04	87.78
Total Common Shares Outstanding	96.05	95	94.01	91.04	87.78
Working Capital	37	8.27	-6.25	195.5	155.85
Book Value Per Share	9.46	8.65	8.53	9.02	10.76
Tangible Book Value	197.44	92.1	54.34	54.32	213.13
Tangible Book Value Per Share	2.06	0.97	0.58	0.60	2.43
Land	11.66	11.66	11.66	11.66	5.1
Buildings	55.28	57	52.44	41.78	31.83
Machinery	774.28	780.7	708.96	596.73	583.85
Construction In Progress	40.29	14.11	11.32	8.94	10.22

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q