Nabors Financial Statements From 2010 to 2024

NBR Stock  USD 77.30  1.87  2.48%   
Nabors Industries financial statements provide useful quarterly and yearly information to potential Nabors Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nabors Industries financial statements helps investors assess Nabors Industries' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nabors Industries' valuation are summarized below:
Gross Profit
987.8 M
Profit Margin
(0.05)
Market Capitalization
738.1 M
Enterprise Value Revenue
0.9528
Revenue
2.9 B
There are over one hundred nineteen available fundamental ratios for Nabors Industries, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to check Nabors Industries' last-minute fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/25/2024, Enterprise Value is likely to grow to about 5.3 B, while Market Cap is likely to drop slightly above 1 B.

Nabors Industries Total Revenue

2.6 Billion

Check Nabors Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nabors Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.7 M, Interest Expense of 130.6 M or Total Revenue of 2.6 B, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 2.0E-4 or PTB Ratio of 1.93. Nabors financial statements analysis is a perfect complement when working with Nabors Industries Valuation or Volatility modules.
  
Check out the analysis of Nabors Industries Correlation against competitors.
To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.

Nabors Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets5.7 B5.3 B7.8 B
Slightly volatile
Short and Long Term Debt Total2.3 B3.1 B3.3 B
Pretty Stable
Other Current Liabilities216.2 M154.3 M315.2 M
Slightly volatile
Total Current Liabilities708.6 M1.2 B908.8 M
Slightly volatile
Property Plant And Equipment Net3.8 B2.9 B5.4 B
Slightly volatile
Cash1.1 B1.1 B521.8 M
Slightly volatile
Non Current Assets Total4.4 B3.6 B6.1 B
Slightly volatile
Non Currrent Assets Other280.1 M494.7 M350.4 M
Slightly volatile
Cash And Short Term Investments1.1 B1.1 B560 M
Slightly volatile
Net Receivables554.2 M347.8 M731.6 M
Slightly volatile
Common Stock Shares Outstanding5.4 M9.2 M6.2 M
Slightly volatile
Liabilities And Stockholders Equity5.7 B5.3 B7.8 B
Slightly volatile
Non Current Liabilities Total2.5 B2.8 B3.8 B
Slightly volatile
Other Current Assets75.9 M79.9 M321.8 M
Slightly volatile
Other Stockholder Equity1.1 B2.2 B1.5 B
Slightly volatile
Total Liabilities3.3 BB4.7 B
Slightly volatile
Property Plant And Equipment Gross6.4 B12.6 B11.2 B
Very volatile
Total Current Assets1.3 B1.6 B1.7 B
Slightly volatile
Short Term Debt672.5 M640.5 M109.8 M
Slightly volatile
Inventory103 M147.8 M159.8 M
Pretty Stable
Accounts Payable278.2 M294.4 M371 M
Slightly volatile
Common Stock Total Equity448.9 K472.5 K1.3 M
Slightly volatile
Short Term Investments12.1 M12.7 M49.5 M
Slightly volatile
Intangible Assets24.3 M25.5 M178.9 M
Slightly volatile
Common Stock500.6 K527 K1.3 M
Slightly volatile
Other Liabilities322 M405.7 M373.5 M
Very volatile
Other Assets807.4 M768.9 M487.6 M
Slightly volatile
Long Term Debt3.4 B2.5 B3.4 B
Pretty Stable
Property Plant Equipment6.1 B3.5 B5.7 B
Slightly volatile
Current Deferred Revenue27.8 M29.2 M150.6 M
Slightly volatile
Net Tangible Assets895.7 M942.8 M3.1 B
Slightly volatile
Capital Surpluse3.2 B4.1 B2.9 B
Slightly volatile
Warrants408.3 M780.4 M327.2 M
Slightly volatile
Long Term Debt Total2.9 B2.3 B3.6 B
Slightly volatile
Long Term Investments975.6 KM46.1 M
Slightly volatile
Non Current Liabilities Other316.7 M270 M407 M
Slightly volatile
Short and Long Term Debt520.9 M566.7 M1.3 B
Slightly volatile
Cash And Equivalents534.2 M518.7 M402.5 M
Slightly volatile
Net Invested Capital3.8 B3.5 B5.7 B
Slightly volatile
Net Working Capital494.4 M431.7 M567.7 M
Pretty Stable
Deferred Long Term Asset Charges335.2 M377.1 M410.6 M
Slightly volatile
Capital Stock509.7 K527 K441.2 K
Slightly volatile
Capital Lease Obligations6.3 M5.4 M11.1 M
Slightly volatile

Nabors Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization369.7 M645.3 M561.5 M
Pretty Stable
Interest Expense130.6 M185.3 M189.4 M
Very volatile
Total Revenue2.6 BB3.6 B
Slightly volatile
Other Operating Expenses2.3 B2.7 B3.4 B
Slightly volatile
Cost Of Revenue1.9 B2.4 BB
Slightly volatile
Total Operating Expenses403.3 M300.4 M404.8 M
Slightly volatile
Selling General Administrative340.2 M244.1 M317.4 M
Slightly volatile
Non Recurring38.1 M40.1 M366.3 M
Slightly volatile
Interest Income37.5 M39.5 M179.1 M
Slightly volatile
Reconciled Depreciation623.4 M652.9 M799.8 M
Slightly volatile
Preferred Stock And Other Adjustments3.1 M3.3 M10.4 M
Slightly volatile

Nabors Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow387.9 M737.1 M472.7 M
Slightly volatile
Depreciation535.7 M645.3 M804 M
Pretty Stable
Capital Expenditures722.5 M540.9 M758.6 M
Slightly volatile
Total Cash From Operating Activities703.6 M637.9 M753.9 M
Slightly volatile
End Period Cash Flow1.4 B1.4 B592.5 M
Slightly volatile
Dividends Paid184.3 K194 K182.2 M
Slightly volatile
Cash Flows Other Operating794 M756.2 M339.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.240.24870.5549
Pretty Stable
Dividend Yield2.0E-43.0E-40.0251
Very volatile
Days Sales Outstanding40.1242.23669.3516
Slightly volatile
Operating Cash Flow Per Share87.6669.6432120
Slightly volatile
Stock Based Compensation To Revenue0.01010.00530.008
Slightly volatile
Capex To Depreciation0.80.83811.1618
Slightly volatile
Inventory Turnover28.416.479720.2642
Slightly volatile
Days Of Inventory On Hand14.0622.148419.4218
Slightly volatile
Payables Turnover9.418.27228.7632
Pretty Stable
Sales General And Administrative To Revenue0.07080.08120.0875
Very volatile
Research And Ddevelopement To Revenue0.01210.01870.0133
Slightly volatile
Capex To Revenue0.240.17990.1915
Slightly volatile
Cash Per Share65.911788.0241
Slightly volatile
POCF Ratio1.111.17217.7104
Slightly volatile
Capex To Operating Cash Flow1.640.84791.6654
Pretty Stable
Days Payables Outstanding36.1844.123943.7578
Very volatile
EV To Operating Cash Flow4.224.447215.6512
Pretty Stable
Current Ratio1.561.35561.9799
Slightly volatile
Receivables Turnover9.078.64195.7188
Slightly volatile
Graham Number63.0366.3455725
Slightly volatile
Capex Per Share91.959.0513123
Slightly volatile
Revenue Per Share343328582
Slightly volatile
Interest Debt Per Share308364555
Slightly volatile
Debt To Assets0.630.59620.4409
Slightly volatile
Short Term Coverage Ratios0.951.0044522
Slightly volatile
Operating Cycle74.8564.384489.4636
Slightly volatile
Days Of Payables Outstanding36.1844.123943.7578
Very volatile
Price To Operating Cash Flows Ratio1.111.17217.7104
Slightly volatile
Long Term Debt To Capitalization0.930.88490.7008
Very volatile
Total Debt To Capitalization0.950.9060.7034
Very volatile
Quick Ratio2.01.23391.8428
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.761.17891.0003
Slightly volatile
Cash Ratio0.460.87110.7177
Very volatile
Cash Conversion Cycle19.2520.260546.4857
Slightly volatile
Operating Cash Flow Sales Ratio0.160.21220.184
Very volatile
Days Of Inventory Outstanding14.0622.148419.4218
Slightly volatile
Days Of Sales Outstanding40.1242.23669.3516
Slightly volatile
Cash Flow Coverage Ratios0.350.20270.2195
Pretty Stable
Fixed Asset Turnover1.021.0370.6965
Pretty Stable
Capital Expenditure Coverage Ratio0.781.17941.0573
Slightly volatile
Price Cash Flow Ratio1.111.17217.7104
Slightly volatile
Debt Ratio0.630.59620.4409
Slightly volatile
Cash Flow To Debt Ratio0.350.20270.2195
Pretty Stable
Price Sales Ratio0.240.24870.5549
Pretty Stable
Asset Turnover0.630.56950.463
Very volatile

Nabors Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB1.7 B1.7 B
Pretty Stable

Nabors Fundamental Market Drivers

Forward Price Earnings20.284
Cash And Short Term Investments1.1 B

Nabors Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
22nd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Nabors Industries Financial Statements

Nabors Industries shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Nabors Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Nabors Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nabors Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue29.2 M27.8 M
Total RevenueB2.6 B
Cost Of Revenue2.4 B1.9 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.08  0.07 
Research And Ddevelopement To Revenue 0.02  0.01 
Capex To Revenue 0.18  0.24 
Revenue Per Share 328.20  343.27 
Ebit Per Revenue 0.09  0.10 

Pair Trading with Nabors Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nabors Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nabors Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nabors Stock

  0.85HP Helmerich and PaynePairCorr

Moving against Nabors Stock

  0.32SOC Sable Offshore Corp Symbol ChangePairCorr
The ability to find closely correlated positions to Nabors Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nabors Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nabors Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nabors Industries to buy it.
The correlation of Nabors Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nabors Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nabors Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nabors Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Nabors Stock Analysis

When running Nabors Industries' price analysis, check to measure Nabors Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.