National Energy Services Reunited Balance Sheet
NASDAQ: NESREnergyOilfield Services/EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
National Energy Services Reunited financial position
At the end of fiscal 2025, National Energy Services Reunited reported total assets of $1.85 billion, up 4.4% from a year earlier against total liabilities of $883.6 million. Shareholders' equity stood at $967.9 million, or 52.3% of assets. The company held $124.8 million in cash and equivalents against $310.1 million of debt, a net debt position of $185.3 million.
The current ratio (current assets divided by current liabilities) was 1.04, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.32.
Summary generated from market data by MetaCap's automated system. Methodology
National Energy Services Reunited balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 124.80M | 107.96M | 67.82M | 78.85M | 205.77M | 75.01M | 73.20M | 24.89M | 741.10K | — |
| Receivables | 178.02M | 137.26M | 171.27M | 148.71M | 130.41M | 116.83M | 98.80M | 62.64M | — | — |
| Inventory | 94.83M | 96.77M | 98.43M | 110.52M | 93.86M | 94.26M | 78.84M | 58.15M | — | — |
| Total Current Assets | 630.37M | 540.52M | 541.72M | 537.81M | 627.37M | 511.16M | 403.21M | 299.64M | 868.52K | — |
| Property, Plant & Equipment | 465.45M | 438.15M | 442.67M | 461.06M | 425.51M | 437.74M | 419.31M | 328.73M | — | — |
| Goodwill | 645.10M | 645.10M | 645.10M | 645.10M | 645.10M | 620.92M | 574.76M | 570.54M | — | — |
| Intangible Assets | 47.09M | 65.70M | 84.30M | 102.91M | 121.62M | 110.38M | 122.71M | 138.05M | — | — |
| Total Assets | 1.85B | 1.77B | 1.80B | 1.83B | 1.83B | 1.69B | 1.52B | 1.34B | 231.42M | — |
| Accounts Payable | 421.06M | 305.31M | 351.24M | 353.54M | 314.57M | 144.61M | 65.70M | 66.26M | 3.47M | — |
| Short-Term Debt | 118.75M | 128.46M | 120.63M | 143.24M | 87.07M | 89.86M | 52.96M | 76.91M | — | — |
| Total Current Liabilities | 604.92M | 503.51M | 533.45M | 544.07M | 431.87M | 435.87M | 228.14M | 223.08M | 3.47M | — |
| Long-Term Debt | 191.38M | 254.39M | 331.56M | 391.86M | 508.76M | 308.61M | 330.56M | 225.17M | — | — |
| Total Liabilities | 883.60M | 865.45M | 976.25M | 1.03B | 1.01B | 826.60M | 635.89M | 512.32M | 230.14M | — |
| Shareholders' Equity | 967.92M | 908.23M | 821.49M | 802.35M | 821.03M | 944.43M | 886.47M | 830.92M | 54.64M | 382.08M |
| Retained Earnings | 65.00M | 13.87M | -62.44M | -75.02M | -35.83M | 28.74M | 67.66M | 28.30M | -2.86M | — |
| Total Debt | 310.13M | 382.84M | 452.20M | 535.10M | 595.84M | 398.47M | 383.53M | 302.08M | — | — |
| Net Cash (Debt) | -185.33M | -274.89M | -384.38M | -456.25M | -390.07M | -323.46M | -310.33M | -277.19M | 741.10K | — |
| Shares Outstanding | 100.79M | 96.05M | 95.00M | 94.01M | 91.37M | 87.78M | 87.19M | 85.56M | 11.73M | — |
This table shows 10 annual periods of National Energy Services Reunited's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow NESR's reporting calendar. What is a balance sheet?