National Energy Services Reunited Corp.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of National Energy Services Reunited Corp. generated cash of $176,959,000, which is more than the previous year. Cash used in financing activities reached the amount of -$104,528,000 last year. Net change in cash is therefore -$11,032,000.
Cash Flow
| 2017 | 83.19M | -52.04M | -32.13M |
|---|---|---|---|
| 2019 | 89.09M | -107.33M | 66.57M |
| 2020 | 134.45M | -96.43M | -36.24M |
| 2021 | 127.74M | -164.53M | 167.54M |
| 2022 | 92.57M | -146.70M | -72.79M |
| 2023 | 176.95M | -83.46M | -104.52M |
NESR Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
Cash at beginning of period | 78.85M | 205.77M | 75.01M | 73.20M | 24.89M | 25.53M |
Operating activities | ||||||
Net income | 12.58M | -36.42M | -64.56M | 16.55M | 39.36M | 28.35M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||
Depreciation and amortization | 142.23M | 115.84M | 122.12M | 120.72M | 88.11M | 38.40M |
Stock-based compensation expense | 6.76M | 9.26M | 9.75M | 7.83M | 5.65M | 106K |
| Deferred income tax benefit | 6.76M | 9.26M | 9.75M | 7.83M | 5.65M | 106K |
| Changes in operating assets and liabilities: | ||||||
Accounts receivable, net | -22.97M | -29.25M | -8.28M | -2.62M | -39.17M | -5M |
Inventories | 11.95M | -16.75M | -3.23M | -11.86M | -21.31M | -8.11M |
Accounts payable | 0 | 0 | 0 | 5.26M | 36.63M | 9.17M |
Cash generated by operating activities | 176.95M | 92.57M | 127.74M | 134.45M | 89.09M | 83.19M |
Investing activities | ||||||
Purchases Of Investments | -16.03M | -17.36M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -68.19M | -122.41M | -107.07M | -82.63M | -107.93M | -48.65M |
Acquisitions Net | 0 | 0 | -51.92M | -13.21M | 0 | -624K |
Cash generated by investing activities | -83.46M | -146.70M | -164.53M | -96.43M | -107.33M | -52.04M |
Financing activities | ||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | -20M |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -88.76M | -58.35M | -460.34M | -113.85M | 72.29M | -7.87M |
Cash used in financing activities | -104.52M | -72.79M | 167.54M | -36.24M | 66.57M | -32.13M |
Net Change In Cash | -11.03M | -126.91M | 130.76M | 1.81M | 48.30M | -1.03M |
Cash at end of period | 67.82M | 78.85M | 205.77M | 75.01M | 73.20M | 24.50M |
| Data source | Data source | Data source | Data source | Data source |