NESR: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, NESR has $1,923,930K in assets. $928,721K in debts. $92,956K in cash and cash equivalents.

Balance Sheets	2026-03-31
Cash and cash equivalents	92,956
Accounts receivable, net (note 3)	227,932
Unbilled revenue	171,341
Service inventories (note 4)	96,206
Prepaid assets	9,706
Retention withholdings	26,214
Other receivables	54,753
Other current assets	10,513
Total current assets	689,621
Property, plant and equipment, net (note 5)	476,154
Intangible assets, net	42,434
Goodwill	645,095
Operating lease right-of-use assets	25,977
Other assets	44,649
Total assets	1,923,930

Accounts payable and accrued expenses	483,048
Current installments of long-term debt (note 6)	64,500
Short-term borrowings (note 6)	47,353
Income taxes payable (note 7)	30,843
Other taxes payable	15,152
Operating lease liabilities	1,984
Other current liabilities	17,408
Total current liabilities	660,288
Long-term debt (note 6)	175,542
Deferred tax liabilities	918
Employee benefit liabilities	36,971
Non-current operating lease liabilities	22,683
Other liabilities	32,319
Total liabilities	928,721
Ordinary shares and additional paid-in capital, no par value unlimited shares authorized 100,847,255 and 100,787,173 shares issued and outstanding at march 31, 2026, and december 31, 2025, respectively	906,311
Retained income	88,829
Accumulated other comprehensive income	69
Total equity	995,209
Total liabilities and equity	1,923,930

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.