National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022)
National Energy Services Reunited (NESR) posted Long-Term Deferred Tax of $21.1 million for Q4 2022, up 11.77% on a QoQ basis from $18.9 million in Q4 2021, and up 11.77% year-over-year from $18.9 million in Q4 2021.
National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022) Analysis & Trends
National Energy Services Reunited's Long-Term Deferred Tax history runs 4 years deep, the most recent figure standing at $21.1 million for Q4 2022.
- Quarterly Long-Term Deferred Tax rose 11.77% year-over-year to $21.1 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $21.1 million (up 11.77% YoY) and the FY2022 annual result came in at $21.1 million, up 11.77% from the prior year.
- Long-Term Deferred Tax was $21.1 million for Q4 2022 at National Energy Services Reunited, up from $18.9 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $21.1 million in Q4 2022 and bottomed at $8.6 million in Q4 2019.
- A 4-year average of $14.4 million and a median of $13.9 million in 2020 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2020 — Long-Term Deferred Tax increased 3.23% — and 2021, when it jumped 112.56%.
- National Energy Services Reunited's Long-Term Deferred Tax stood at $8.6 million in 2019, then increased by 3.23% to $8.9 million in 2020, then soared by 112.56% to $18.9 million in 2021, then gained by 11.77% to $21.1 million in 2022.
- Business Quant data shows NESR's Long-Term Deferred Tax at $21.1 million in Q4 2022, $18.9 million in Q4 2021, and $8.9 million in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | National Energy Services Reunited | 2.78 Bn | 2.69 Bn | 51.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 21.12 Mn |
| Dec 31, 2021 | 18.89 Mn |
| Dec 31, 2020 | 8.89 Mn |
| Dec 31, 2019 | 8.61 Mn |