National Energy Services Reunited Corp Ordinary Shares (NESR) — Working Capital to Net Assets Ratio
National Energy Services Reunited Corp Ordinary Shares (NESR) has a Working Capital to Net Assets ratio of 2.9% as of March 2026. Working capital of $29.33 Million (current assets of $689.62 Million minus current liabilities of $660.29 Million) is measured against net assets of $995.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see balance sheet size of National Energy Services Reunited Corp O.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
National Energy Services Reunited Corp Ordinary Shares Working Capital to Net Assets (2017–2025)
This chart shows how National Energy Services Reunited Corp Ordinary Shares's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 2.9%, reflecting working capital of $29.33 Million against net assets of $995.21 Million USD. Explore NESR capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for National Energy Services Reunited Corp Ordinary Shares (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for National Energy Services Reunited Corp Ordinary Shares from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore long-term investment intensity of National Energy Services Reunited Corp O to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 2.6% | $25.45 Million | $967.92 Million | $630.37 Million | $604.92 Million | ▼ -1.4 pp |
| 2024 | 4.1% | $37.00 Million | $908.23 Million | $540.52 Million | $503.51 Million | ▲ +3.1 pp |
| 2023 | 1.0% | $8.27 Million | $821.49 Million | $541.72 Million | $533.45 Million | ▲ +1.8 pp |
| 2022 | -0.8% | $-6.25 Million | $802.35 Million | $537.81 Million | $544.07 Million | ▼ -24.6 pp |
| 2021 | 23.8% | $195.50 Million | $821.03 Million | $627.37 Million | $431.87 Million | ▲ +7.3 pp |
| 2020 | 16.5% | $155.85 Million | $944.42 Million | $515.22 Million | $359.37 Million | ▼ -3.2 pp |
| 2019 | 19.7% | $175.07 Million | $886.47 Million | $403.21 Million | $228.14 Million | ▲ +9.7 pp |
| 2018 | 10.0% | $85.82 Million | $855.39 Million | $314.79 Million | $228.97 Million | ▲ +11.2 pp |
| 2017 | -1.2% | $-2.61 Million | $218.93 Million | $868.52K | $3.47 Million | — |