National Net Debt from 2010 to 2024

NESRW Stock  USD 0.55  0.03  5.77%   
National Energy Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt will likely drop to about 398.6 M in 2024. Net Debt is the total debt of National Energy Services minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2010-12-31
Previous Quarter
416.9 M
Current Value
398.6 M
Quarterly Volatility
63 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Energy's main balance sheet or income statement drivers, such as Tax Provision of 11 M, Interest Expense of 48.1 M or Selling General Administrative of 47.5 M, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0047 or PTB Ratio of 0.72. National financial statements analysis is a perfect complement when working with National Energy Valuation or Volatility modules.
  
Check out the analysis of National Energy Correlation against competitors.

Latest National Energy's Net Debt Growth Pattern

Below is the plot of the Net Debt of National Energy Services over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. National Energy's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Energy's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

National Net Debt Regression Statistics

Arithmetic Mean319,356,388
Geometric Mean314,175,434
Coefficient Of Variation19.74
Mean Deviation51,803,717
Median277,190,000
Standard Deviation63,042,039
Sample Variance3974.3T
Range179.1M
R-Value0.82
Mean Square Error1395.7T
R-Squared0.67
Significance0.0002
Slope11,572,224
Total Sum of Squares55640.2T

National Net Debt History

2024398.6 M
2023416.9 M
2022456.2 M
2021390.1 M
2020323.5 M
2019310.3 M

Other Fundumenentals of National Energy Services

National Energy Net Debt component correlations

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0.870.75-0.470.940.830.90.30.970.860.690.890.880.850.810.840.95-0.850.830.88-0.93
0.990.93-0.20.940.970.990.550.890.870.70.80.920.920.640.770.86-0.840.710.91-0.81
1.00.99-0.010.830.970.980.660.770.810.670.690.880.890.480.680.74-0.770.590.86-0.68
0.990.95-0.10.90.990.980.630.840.880.740.770.920.930.560.740.83-0.810.670.91-0.76
0.610.670.530.30.550.660.630.170.580.490.110.520.6-0.240.040.16-0.16-0.040.47-0.11
0.820.7-0.550.970.890.770.840.170.840.590.880.850.820.860.910.93-0.890.830.85-0.95
0.830.73-0.320.860.870.810.880.580.840.640.680.810.820.490.740.71-0.680.560.79-0.84
0.690.65-0.010.690.70.670.740.490.590.640.810.780.730.380.640.72-0.740.710.8-0.6
0.750.64-0.490.890.80.690.770.110.880.680.810.840.750.760.90.93-0.940.980.88-0.88
0.90.84-0.120.880.920.880.920.520.850.810.780.840.990.560.720.88-0.880.771.0-0.74
0.90.85-0.040.850.920.890.930.60.820.820.730.750.990.520.650.84-0.820.670.97-0.69
0.550.41-0.630.810.640.480.56-0.240.860.490.380.760.560.520.780.87-0.750.760.58-0.79
0.720.62-0.590.840.770.680.740.040.910.740.640.90.720.650.780.82-0.910.860.75-0.93
0.80.69-0.410.950.860.740.830.160.930.710.720.930.880.840.870.82-0.910.890.89-0.85
-0.81-0.740.35-0.85-0.84-0.77-0.81-0.16-0.89-0.68-0.74-0.94-0.88-0.82-0.75-0.91-0.91-0.91-0.910.82
0.650.55-0.570.830.710.590.67-0.040.830.560.710.980.770.670.760.860.89-0.910.82-0.85
0.890.83-0.170.880.910.860.910.470.850.790.80.881.00.970.580.750.89-0.910.82-0.76
-0.73-0.590.7-0.93-0.81-0.68-0.76-0.11-0.95-0.84-0.6-0.88-0.74-0.69-0.79-0.93-0.850.82-0.85-0.76
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About National Energy Financial Statements

National Energy investors use historical fundamental indicators, such as National Energy's Net Debt, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in National Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt416.9 M398.6 M
Net Debt To EBITDA 1.91  1.99 

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Additional Tools for National Stock Analysis

When running National Energy's price analysis, check to measure National Energy's 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 National Energy is operating at the current time. Most of National Energy's value examination focuses on studying past and present price action to predict the probability of National Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Energy's price. Additionally, you may evaluate how the addition of National Energy to your portfolios can decrease your overall portfolio volatility.