NESR
Price:
$8.65
Market Cap:
$825.62M
National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Services; and Drilling and Evaluation Services. The Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline services, such as water filling and hydro testing, nitrogen purging, and de-gassing and...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2017-06-05
Stock Exchange
NASDAQ
Ticker
NESR
According to National Energy Services Reunited Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.10. This represents a change of 38.36% compared to the average of 0.80 of the last 4 quarters.
The mean historical Current Ratio of National Energy Services Reunited Corp. over the last ten years is 1.03. The current 1.10 Current Ratio has changed 10.60% with respect to the historical average. Over the past ten years (40 quarters), NESR's Current Ratio was at its highest in in the June 2017 quarter at 31.70. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
1.03
Median
1.18
Minimum
0
Maximum
1.77
Discovering the peaks and valleys of National Energy Services Reunited Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 1.77
Minimum Annual Increase = -31.95%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 1.02 | 2.73% |
2022 | 0.99 | -31.95% |
2021 | 1.45 | 1.32% |
2020 | 1.43 | -18.88% |
2019 | 1.77 | 31.58% |
2018 | 1.34 | 437.35% |
2017 | 0.25 | Infinity% |
The current Current Ratio of National Energy Services Reunited Corp. (NESR) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.15
5-year avg
1.33
10-year avg
1.03
National Energy Services Reunited Corp.’s Current Ratio is less than Dawson Geophysical Company (1.50), less than McCoy Global Inc. (3.07), less than Ranger Energy Services, Inc. (2.00), less than MRC Global Inc. (1.99), less than NCS Multistage Holdings, Inc. (4.50), less than Profire Energy, Inc. (6.24), less than Nine Energy Service, Inc. (2.46), less than Calfrac Well Services Ltd. (2.23), less than Flotek Industries, Inc. (1.93), less than TechnipFMC plc (1.14), less than Baker Hughes Company (1.30), less than Archrock, Inc. (1.26), greater than Solaris Oilfield Infrastructure, Inc. (0), less than Newpark Resources, Inc. (2.29), less than NexTier Oilfield Solutions Inc. (1.31), less than Bristow Group Inc. (1.83),
Company | Current Ratio | Market cap |
---|---|---|
1.50 | $43.38M | |
3.07 | $53.82M | |
2.00 | $327.00M | |
1.99 | $1.10B | |
4.50 | $61.27M | |
6.24 | $117.81M | |
2.46 | $44.06M | |
2.23 | $247.30M | |
1.93 | $295.87M | |
1.14 | $12.41B | |
1.30 | $40.45B | |
1.26 | $4.35B | |
0 | $498.11M | |
2.29 | $627.11M | |
1.31 | $2.42B | |
1.83 | $967.63M |
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