National Historical Income Statement

NESR Stock

USD 8.52 0.28 3.18%

Historical analysis of National Energy income statement accounts such as Selling General Administrative of 51.7 M can show how well National Energy Services performed in making a profits. Evaluating National Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of National Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining National Energy Services latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether National Energy Services is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About National Income Statement Analysis

National Energy Services Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to National Energy shareholders. The income statement also shows National investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

National Energy Income Statement Chart

At this time, National Energy's Interest Expense is relatively stable compared to the past year. As of 11/25/2024, Selling General Administrative is likely to grow to about 51.7 M, though Net Interest Income is likely to grow to (43.5 M).

Tax Provision Selling General Administrative Other Operating Expenses Cost Of Revenue

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of National Energy Services. It is also known as National Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on National Energy Services income statement and represents the costs associated with goods and services National Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from National Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into National Energy Services current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Energy Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

	2021	2022	2023	2024 (projected)
Interest Expense	15.2M	34.1M	45.8M	48.1M
Depreciation And Amortization	122.1M	142.2M	163.6M	104.7M

Interest Expense Depreciation And Amortization

National Energy income statement Correlations

	Tax Provision	Net Interest Income	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Interest Income
Tax Provision		-0.75	0.64	0.67	0.84	0.61	0.67	0.55	0.58	0.19	0.51	0.78	0.55	-0.03	0.7	0.25	-0.64	0.08	0.74	-0.58	0.76
Net Interest Income	-0.75		-0.82	-0.97	-0.63	-0.81	-0.35	-0.78	-0.32	0.33	-0.46	-0.84	-0.77	-0.38	-0.86	0.2	0.79	0.37	-0.8	0.71	-0.88
Depreciation And Amortization	0.64	-0.82		0.82	0.58	0.99	0.07	0.98	-0.07	-0.56	0.14	0.87	0.98	0.44	0.96	-0.49	-0.6	-0.65	0.85	-0.91	0.74
Interest Expense	0.67	-0.97	0.82		0.55	0.84	0.33	0.82	0.33	-0.39	0.46	0.83	0.81	0.38	0.81	-0.19	-0.8	-0.37	0.82	-0.76	0.9
Selling General Administrative	0.84	-0.63	0.58	0.55		0.54	0.53	0.46	0.43	0.19	0.56	0.71	0.49	0.18	0.64	0.19	-0.33	0.03	0.69	-0.66	0.45
Total Revenue	0.61	-0.81	0.99	0.84	0.54		0.09	0.99	-0.04	-0.58	0.13	0.85	0.99	0.38	0.93	-0.47	-0.63	-0.63	0.84	-0.94	0.78
Gross Profit	0.67	-0.35	0.07	0.33	0.53	0.09		0.05	0.87	0.58	0.84	0.5	-0.02	-0.03	0.05	0.74	-0.22	0.64	0.53	-0.1	0.41
Other Operating Expenses	0.55	-0.78	0.98	0.82	0.46	0.99	0.05		-0.12	-0.65	0.11	0.85	0.99	0.47	0.91	-0.54	-0.57	-0.68	0.84	-0.9	0.74
Operating Income	0.58	-0.32	-0.07	0.33	0.43	-0.04	0.87	-0.12		0.68	0.76	0.29	-0.13	-0.33	-0.06	0.86	-0.42	0.75	0.3	0.01	0.46
Net Income From Continuing Ops	0.19	0.33	-0.56	-0.39	0.19	-0.58	0.58	-0.65	0.68		0.44	-0.22	-0.65	-0.51	-0.53	0.94	0.2	0.95	-0.22	0.5	-0.23
Ebit	0.51	-0.46	0.14	0.46	0.56	0.13	0.84	0.11	0.76	0.44		0.58	0.04	0.34	0.08	0.58	-0.14	0.48	0.6	-0.15	0.35
Ebitda	0.78	-0.84	0.87	0.83	0.71	0.85	0.5	0.85	0.29	-0.22	0.58		0.8	0.51	0.79	-0.11	-0.51	-0.27	0.99	-0.77	0.76
Cost Of Revenue	0.55	-0.77	0.98	0.81	0.49	0.99	-0.02	0.99	-0.13	-0.65	0.04	0.8		0.38	0.93	-0.55	-0.61	-0.7	0.79	-0.93	0.74
Total Operating Expenses	-0.03	-0.38	0.44	0.38	0.18	0.38	-0.03	0.47	-0.33	-0.51	0.34	0.51	0.38		0.33	-0.5	0.2	-0.51	0.52	-0.34	0.04
Reconciled Depreciation	0.7	-0.86	0.96	0.81	0.64	0.93	0.05	0.91	-0.06	-0.53	0.08	0.79	0.93	0.33		-0.49	-0.67	-0.64	0.75	-0.87	0.75
Income Before Tax	0.25	0.2	-0.49	-0.19	0.19	-0.47	0.74	-0.54	0.86	0.94	0.58	-0.11	-0.55	-0.5	-0.49		0.04	0.98	-0.08	0.39	-0.03
Total Other Income Expense Net	-0.64	0.79	-0.6	-0.8	-0.33	-0.63	-0.22	-0.57	-0.42	0.2	-0.14	-0.51	-0.61	0.2	-0.67	0.04		0.2	-0.46	0.5	-0.93
Net Income	0.08	0.37	-0.65	-0.37	0.03	-0.63	0.64	-0.68	0.75	0.95	0.48	-0.27	-0.7	-0.51	-0.64	0.98	0.2		-0.25	0.55	-0.2
Income Tax Expense	0.74	-0.8	0.85	0.82	0.69	0.84	0.53	0.84	0.3	-0.22	0.6	0.99	0.79	0.52	0.75	-0.08	-0.46	-0.25		-0.78	0.73
Minority Interest	-0.58	0.71	-0.91	-0.76	-0.66	-0.94	-0.1	-0.9	0.01	0.5	-0.15	-0.77	-0.93	-0.34	-0.87	0.39	0.5	0.55	-0.78		-0.63
Interest Income	0.76	-0.88	0.74	0.9	0.45	0.78	0.41	0.74	0.46	-0.23	0.35	0.76	0.74	0.04	0.75	-0.03	-0.93	-0.2	0.73	-0.63

Click cells to compare fundamentals

National Energy Account Relationship Matchups

National Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	13.1M	8.9M	4.0M	6.6M	17.3M	10.4M
Depreciation And Amortization	88.1M	120.7M	122.1M	142.2M	163.6M	104.7M
Interest Expense	19.0M	15.9M	15.2M	34.1M	45.8M	48.1M
Selling General Administrative	63.8M	53.2M	28.1M	47.5M	49.2M	51.7M
Total Revenue	658.4M	834.2M	876.7M	909.5M	1.1B	780.6M
Gross Profit	135.7M	62.1M	(15.3M)	65.5M	129.9M	81.7M
Other Operating Expenses	586.6M	798.9M	920.1M	1.1B	1.2B	691.5M
Operating Income	71.8M	35.3M	(43.3M)	(917K)	80.7M	84.7M
Net Income From Continuing Ops	39.4M	33.6M	(64.6M)	(36.4M)	12.6M	8.3M
Ebit	71.4M	45.0M	(45.4M)	75.7M	68.1M	71.5M
Ebitda	159.5M	165.7M	76.7M	217.9M	250.6M	146.3M
Cost Of Revenue	522.7M	772.1M	892.0M	844.0M	1.0B	698.8M
Total Operating Expenses	63.8M	26.8M	28.1M	910.4M	49.2M	46.7M
Income Before Tax	52.4M	29.1M	(60.6M)	(29.8M)	29.8M	31.3M
Total Other Income Expense Net	(408K)	(6.2M)	(17.2M)	5.2M	(50.9M)	(48.3M)
Net Income	39.4M	16.6M	(64.6M)	(36.4M)	12.6M	13.2M
Income Tax Expense	13.1M	12.5M	4.0M	17.3M	19.9M	10.3M

Pair Trading with National Energy

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 National Energy 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 National Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against National Stock

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0.61	BKR	Baker Hughes Fiscal Year End 28th of January 2025	Pair Corr

The ability to find closely correlated positions to National Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Energy 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 National Energy - 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 National Energy Services to buy it.

The correlation of National Energy 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 National Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Energy Services 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 National Energy 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 Correlation Correlation Matching

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.

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National Historical Income Statement

About National Income Statement Analysis

National Energy Income Statement Chart

Tax Provision

Other Operating Expenses

Cost Of Revenue

National Energy income statement Correlations

National Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

National Energy income statement Accounts

Pair Trading with National Energy

Moving against National Stock

Additional Tools for National Stock Analysis

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Total Revenue	+ 0.99	Depreciation And Amortization
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Income Tax Expense	+ 0.99	Ebitda
Other Operating Expenses	+ 0.98	Depreciation And Amortization

Interest Expense	- 0.97	Net Interest Income
Minority Interest	- 0.94	Total Revenue
Interest Income	- 0.93	Total Other Income Expense Net
Minority Interest	- 0.93	Cost Of Revenue
Minority Interest	- 0.91	Depreciation And Amortization
Minority Interest	- 0.9	Other Operating Expenses