National Energy Services Reunited Corp Warrants
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,… Read more
National Energy Services Reunited Corp Warrants (NESRW) - Total Assets
Latest total assets as of June 2024: $1.79 Billion USD
Based on the latest financial reports, National Energy Services Reunited Corp Warrants (NESRW) holds total assets worth $1.79 Billion USD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
National Energy Services Reunited Corp Warrants - Total Assets Trend (2017–2023)
This chart illustrates how National Energy Services Reunited Corp Warrants’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
National Energy Services Reunited Corp Warrants - Asset Composition Analysis
Current Asset Composition (December 2023)
National Energy Services Reunited Corp Warrants's total assets of $1.79 Billion consist of 30.1% current assets and 69.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.8% |
| Accounts Receivable | $355.46 Million | 19.8% |
| Inventory | $98.43 Million | 5.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $84.30 Million | 4.7% |
| Goodwill | $645.10 Million | 35.9% |
Asset Composition Trend (2017–2023)
This chart illustrates how National Energy Services Reunited Corp Warrants's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: National Energy Services Reunited Corp Warrants's current assets represent 30.1% of total assets in 2023, an increase from 0.4% in 2017.
- Cash Position: Cash and equivalents constituted 3.8% of total assets in 2023, up from 0.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 39.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 35.9% of total assets.
National Energy Services Reunited Corp Warrants Competitors by Total Assets
Key competitors of National Energy Services Reunited Corp Warrants based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
National Energy Services Reunited Corp Warrants - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - National Energy Services Reunited Corp Warrants generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, National Energy Services Reunited Corp Warrants generates $ 0.70 in net profit.
National Energy Services Reunited Corp Warrants - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.07 | 1.53 | 2.36 |
| Quick Ratio | 0.89 | 1.23 | 1.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.89 Million | $ 172.38 Million | $ 229.66 Million |
National Energy Services Reunited Corp Warrants - Advanced Valuation Insights
This section examines the relationship between National Energy Services Reunited Corp Warrants's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -1.7% |
| Total Assets | $1.80 Billion |
| Market Capitalization | $34.33 Million USD |
Valuation Analysis
Below Book Valuation: The market values National Energy Services Reunited Corp Warrants's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: National Energy Services Reunited Corp Warrants's assets decreased by 1.7% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for National Energy Services Reunited Corp Warrants (2017–2023)
The table below shows the annual total assets of National Energy Services Reunited Corp Warrants from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.80 Billion | -1.67% |
| 2022-12-31 | $1.83 Billion | -0.16% |
| 2021-12-31 | $1.83 Billion | +8.55% |
| 2020-12-31 | $1.69 Billion | +10.82% |
| 2019-12-31 | $1.52 Billion | +13.33% |
| 2018-12-31 | $1.34 Billion | +480.46% |
| 2017-12-31 | $231.42 Million | -- |