Is it safe?
Can NESR take a bad year?
National Energy Services Reunited Corp. carries $194M of net debt at 0.81× EBITDA: a load its earnings can carry.
$194M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.81×
Net debt / EBITDA · 1.08× a year ago · the load is coming down
- Altman Z-score
- 2.80
Altman Z-score · grey zone, between 1.8 and 3
- Debt / equity
- 0.29×
Debt / equity
Details›
- Total debtQ1 2026
- $287M
- Cash and short-term investments
- $93M
- Net debt
- $194M
- EBITDA, trailing twelve months
- $241M
- Operating profit, trailing twelve months
- $113M
- Debt / equity
- 0.29×
- Total debt / EBITDA
- 1.19×
- Annualised volatilitytwo years of daily moves
- 54%
- Worst drawdown on file
- −44%
- Below its 52-week high
- −7.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Equipment & Services
Ranks #15 of 27 by Smart Score