National Energy Services Reunited Balance Sheet Health
Financial Health criteria checks 1/6
National Energy Services Reunited has a total shareholder equity of $802.3M and total debt of $535.1M, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are $1.8B and $1.0B respectively.
Key information
66.7%
Debt to equity ratio
US$535.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$78.85m |
| Equity | US$802.35m |
| Total liabilities | US$1.03b |
| Total assets | US$1.83b |
Recent financial health updates
Recent updates
National Energy Services Reunited Corp. (NASDAQ:NESR) Shares Could Be 34% Below Their Intrinsic Value Estimate
Aug 24
NESR agrees to acquire minority stake in W. D. Von Gonten Engineering LLC in a stock deal
Jul 18National Energy Services Reunited signs agreement to expand manufacturing in UAE
Jun 29Is There An Opportunity With National Energy Services Reunited Corp.'s (NASDAQ:NESR) 47% Undervaluation?
Jan 13Is National Energy Services Reunited (NASDAQ:NESR) Using Too Much Debt?
Dec 16An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 44% Undervalued
Oct 04National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet
Sep 16National Energy Services Reunited's (NASDAQ:NESR) Promising Earnings May Rest On Soft Foundations
Jul 16National Energy Services Reunited Corp.'s (NASDAQ:NESR) Intrinsic Value Is Potentially 86% Above Its Share Price
Jun 21Does National Energy Services Reunited (NASDAQ:NESR) Deserve A Spot On Your Watchlist?
Jun 07NESR bags contracts worth $150M from international oil companies in the MENA region
Jun 02National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet
May 22Should You Be Adding National Energy Services Reunited (NASDAQ:NESR) To Your Watchlist Today?
Mar 05These 4 Measures Indicate That National Energy Services Reunited (NASDAQ:NESR) Is Using Debt Extensively
Feb 16
The National Energy Services Reunited (NASDAQ:NESR) Share Price Is Up 40% And Shareholders Are Holding On
Jan 26An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 37% Undervalued
Jan 05Have Insiders Been Selling National Energy Services Reunited Corp. (NASDAQ:NESR) Shares?
Dec 15National Energy Services Reunited Corp. (NASDAQ:NESR) Delivered A Weaker ROE Than Its Industry
Nov 24National Energy Services Reunited EPS in-line, beats on revenue
Oct 28Financial Position Analysis
Short Term Liabilities: NESR's short term assets ($537.8M) do not cover its short term liabilities ($544.1M).
Long Term Liabilities: NESR's short term assets ($537.8M) exceed its long term liabilities ($481.9M).
Debt to Equity History and Analysis
Debt Level: NESR's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: NESR's debt to equity ratio has increased from 0% to 66.7% over the past 5 years.
Debt Coverage: NESR's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if NESR's interest payments on its debt are well covered by EBIT.