National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022)
National Energy Services Reunited's (NESR) quarterly Long-Term Deferred Tax came in at $31.2 million in Q4 2022, up 13.41% YoY from $27.5 million in Q4 2021, and up 13.41% on a QoQ basis from $27.5 million in Q4 2021.
National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022) Analysis & Trends
National Energy Services Reunited (NESR) has 4 years of Long-Term Deferred Tax data on file, last reported at $31.2 million in Q4 2022.
- Quarterly Long-Term Deferred Tax rose 13.41% year-over-year to $31.2 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $31.2 million (up 13.41% YoY) and the FY2022 annual result came in at $31.2 million, up 13.41% from the prior year.
- Long-Term Deferred Tax rose to $31.2 million in Q4 2022, from $27.5 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $31.2 million in Q4 2022 to a low of $554000.0 in Q1 2019.
- A 4-year average of $18.9 million and a median of $26.2 million in 2019 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2020 — Long-Term Deferred Tax plunged 66.1% — and 2021, when it jumped 209.11%.
- Tracing NESR's Long-Term Deferred Tax over 4 years: stood at $26.2 million in 2019, then slumped by 66.1% to $8.9 million in 2020, then jumped by 209.11% to $27.5 million in 2021, then gained by 13.41% to $31.2 million in 2022.
- The last three Long-Term Deferred Tax figures came in at $31.2 million (Q4 2022), $27.5 million (Q4 2021), and $8.9 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | National Energy Services Reunited | 3.34 Bn | 3.16 Bn | 81.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 31.16 Mn |
| Dec 31, 2021 | 27.47 Mn |
| Dec 31, 2020 | 8.89 Mn |
| Dec 31, 2019 | 26.22 Mn |
| Mar 31, 2019 | 554,000.00 |