National Energy Services Reunited (NESR) Debt Ratio (2017 - 2025)
National Energy Services Reunited (NESR) has disclosed Debt Ratio for 8 consecutive years, with 0.18 as the latest value for Q4 2024.
- For the quarter ending Q4 2024, Debt Ratio fell 13.92% year-over-year to 0.18, compared with a TTM value of 0.18 through Dec 2024, down 13.92%, and an annual FY2024 reading of 0.18, down 13.92% over the prior year.
- Debt Ratio was 0.18 for Q4 2024 at National Energy Services Reunited, down from 0.21 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.28 in Q4 2021 and bottomed at 0.18 in Q4 2024.
- Average Debt Ratio over 5 years is 0.23, with a median of 0.21 recorded in 2023.
- The sharpest move saw Debt Ratio skyrocketed 33.12% in 2021, then fell 19.68% in 2023.
- Year by year, Debt Ratio stood at 0.21 in 2020, then surged by 33.12% to 0.28 in 2021, then decreased by 6.26% to 0.26 in 2022, then dropped by 19.68% to 0.21 in 2023, then decreased by 13.92% to 0.18 in 2024.
- Business Quant data shows Debt Ratio for NESR at 0.18 in Q4 2024, 0.21 in Q4 2023, and 0.26 in Q4 2022.