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National Energy Services Reunited Corp. (NESR)

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National Energy Services Reunited Corp. (NESR)

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Balance Sheets Overview

Current Ratio
101.71%
Quick Ratio
85.95%
Cash Ratio
21.83%
Debt to Asset Ratio
50.31%
Unit: Thousand (K) dollars
Assets Breakdown
    • Goodwill
    • Cash and cash equivalents
    • Unbilled revenue
    • Others
Liabilities Breakdown
    • Ordinary shares and additional p...
    • Accounts payable and accrued exp...
    • Long-term debt (note 6)
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
Cash and cash equivalents
174,994
92,956
124,797
Accounts receivable, net (note 3)
208,832
227,932
178,020
Unbilled revenue
173,327
171,341
121,186
Service inventories (note 4)
126,378
96,206
94,834
Prepaid assets
21,713
9,706
13,237
Retention withholdings
41,368
26,214
33,125
Other receivables
55,226
54,753
54,511
Other current assets
13,534
10,513
10,664
Total current assets
815,372
689,621
630,374
Property, plant and equipment, net (note 5)
530,685
476,154
465,454
Intangible assets, net
38,047
42,434
47,086
Goodwill
645,095
645,095
645,095
Operating lease right-of-use assets
25,696
25,977
20,300
Other assets
42,295
44,649
43,210
Total assets
2,097,190
1,923,930
1,851,519
Accounts payable and accrued expenses
603,187
483,048
421,064
Current installments of long-term debt (note 6)
64,500
64,500
64,500
Short-term borrowings (note 6)
50,415
47,353
54,250
Income taxes payable (note 7)
37,042
30,843
25,092
Other taxes payable
16,069
15,152
12,351
Operating lease liabilities
1,415
1,984
2,948
Other current liabilities
29,029
17,408
24,715
Total current liabilities
801,657
660,288
604,920
Long-term debt (note 6)
159,706
175,542
191,378
Deferred tax liabilities
660
918
1,691
Employee benefit liabilities
39,337
36,971
36,321
Non-current operating lease liabilities
23,026
22,683
18,447
Other liabilities
30,759
32,319
30,846
Total liabilities
1,055,145
928,721
883,603
Ordinary shares and additional paid-in capital, no par value unlimited shares authorized 100,851,754 and 100,787,173 shares issued and outstanding at june 30, 2026, and december 31, 2025, respectively
909,130
906,311
902,845
Retained income
132,846
88,829
65,002
Accumulated other comprehensive income
69
69
69
Total equity
1,042,045
995,209
967,916
Total liabilities and equity
2,097,190
1,923,930
1,851,519
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Accounts receivable, net(note 3)$208,832K Cash and cashequivalents$174,994K Unbilled revenue$173,327K Service inventories(note 4)$126,378K Other receivables$55,226K Retention withholdings$41,368K Prepaid assets$21,713K Other current assets$13,534K Total current assets$815,372K Goodwill$645,095K Property, plant andequipment, net (note 5)$530,685K Other assets$42,295K Intangible assets, net$38,047K Operating leaseright-of-use assets$25,696K Total assets$2,097,190K Total liabilities andequity$2,097,190K Total liabilities$1,055,145K Total equity$1,042,045K Total currentliabilities$801,657K Long-term debt (note 6)$159,706K Employee benefitliabilities$39,337K Other liabilities$30,759K Non-current operating leaseliabilities$23,026K Deferred tax liabilities$660K Ordinary shares andadditional paid-in...$909,130K Retained income$132,846K Accumulated othercomprehensive income$69K Accounts payable andaccrued expenses$603,187K Current installments oflong-term debt (note 6)$64,500K Short-term borrowings(note 6)$50,415K Income taxes payable(note 7)$37,042K Other currentliabilities$29,029K Other taxes payable$16,069K Operating leaseliabilities$1,415K
🚨 Price Alert: The stock price jumped by 32.74% after the earning call.