National Debt Ratio from 2010 to 2024

NESRW Stock  USD 0.48  0.11  18.64%   
National Energy Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.21 in 2024. During the period from 2010 to 2024, National Energy Debt Ratio regression line of quarterly data had mean square error of  0.0008 and geometric mean of  0.24. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.25153693
Current Value
0.21
Quarterly Volatility
0.03082724
 
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 Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of National Energy Services over the last few years. It is National Energy's Debt Ratio 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.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

National Debt Ratio Regression Statistics

Arithmetic Mean0.24
Geometric Mean0.24
Coefficient Of Variation12.87
Mean Deviation0.02
Median0.22
Standard Deviation0.03
Sample Variance0.001
Range0.1154
R-Value0.46
Mean Square Error0.0008
R-Squared0.21
Significance0.09
Slope0
Total Sum of Squares0.01

National Debt Ratio History

2024 0.21
2022 0.29
2021 0.33
2020 0.24
2019 0.25

Other Fundumenentals of National Energy Services

National Energy Debt Ratio component correlations

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0.980.090.750.930.990.950.670.70.730.650.640.840.850.410.620.69-0.740.550.83-0.59
-0.080.09-0.47-0.2-0.01-0.10.53-0.55-0.32-0.01-0.49-0.12-0.04-0.63-0.59-0.410.35-0.57-0.170.7
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 Debt Ratio, 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
Debt Ratio 0.25  0.21 
Cash Flow To Debt Ratio 0.39  0.22 

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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.