Nabors Industries Ltd financial data

Symbol
NBR on NYSE, NBRWF on OTC
Industry
Drilling Oil & Gas Wells
Location
Crown House, 4 Par La Ville Road Second Floor, Hamilton, Hm08, Bermuda
State of incorporation
Bermuda
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 162 % -8.26%
Quick Ratio 20.2 % -18.5%
Debt-to-equity 1.16K % +35.9%
Return On Equity -25 % -397%
Return On Assets -2.74 % -355%
Operating Margin 13.7 % +2.86%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.7M shares +12.2%
Entity Public Float 838M USD -29.9%
Common Stock, Value, Issued 535K USD +0.75%
Weighted Average Number of Shares Outstanding, Basic 9.21M shares +0.13%
Weighted Average Number of Shares Outstanding, Diluted 9.21M shares +0.13%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.93B USD -2.41%
Research and Development Expense 56.2M USD +0.88%
General and Administrative Expense 243M USD +0.62%
Costs and Expenses 2.96B USD +0.8%
Operating Income (Loss) 401M USD +0.42%
Nonoperating Income (Expense) -14.5M USD +78.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 11.9M USD -88.4%
Income Tax Expense (Benefit) 61.4M USD -30.3%
Net Income (Loss) Attributable to Parent -132M USD -356%
Earnings Per Share, Basic -18.4 USD/shares -307%
Earnings Per Share, Diluted -18.1 USD/shares -278%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 466M USD +12.7%
Accounts Receivable, after Allowance for Credit Loss, Current 369M USD +23.9%
Inventory, Net 148M USD -2.95%
Other Assets, Current 87.9M USD -11.6%
Assets, Current 1.08B USD +10.2%
Deferred Income Tax Assets, Net 227M USD -6.96%
Property, Plant and Equipment, Net 2.81B USD -5.09%
Operating Lease, Right-of-Use Asset 30.7M USD -11.2%
Other Assets, Noncurrent 174M USD +1.56%
Assets 4.62B USD +3.42%
Accounts Payable, Current 331M USD +9.85%
Employee-related Liabilities, Current 52.2M USD -18.9%
Accrued Liabilities, Current 210M USD -5.6%
Contract with Customer, Liability, Current 18M USD -31.7%
Liabilities, Current 591M USD +8.57%
Contract with Customer, Liability, Noncurrent 2.11M USD -50.9%
Deferred Income Tax Liabilities, Net 1.56M USD -12.1%
Operating Lease, Liability, Noncurrent 25.7M USD -7.46%
Other Liabilities, Noncurrent 246M USD -20.2%
Liabilities 3.35B USD -0.15%
Accumulated Other Comprehensive Income (Loss), Net of Tax -10.9M USD -6.24%
Retained Earnings (Accumulated Deficit) -1.97B USD -8.74%
Stockholders' Equity Attributable to Parent 250M USD -37.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 502M USD -15.2%
Liabilities and Equity 4.62B USD +3.42%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 107M USD -30.4%
Net Cash Provided by (Used in) Financing Activities -635M USD -27523%
Net Cash Provided by (Used in) Investing Activities -107M USD +16.8%
Common Stock, Shares Authorized 32M shares 0%
Common Stock, Shares, Issued 10.7M shares +0.72%
Common Stock, Par or Stated Value Per Share 0.05 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -640M USD -2726%
Deferred Tax Assets, Valuation Allowance 3.96B USD +3.19%
Deferred Tax Assets, Gross 4.22B USD +2.93%
Operating Lease, Liability 31.1M USD -9.93%
Payments to Acquire Property, Plant, and Equipment 105M USD -11.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -133M USD -353%
Lessee, Operating Lease, Liability, to be Paid 38.1M USD -11.7%
Property, Plant and Equipment, Gross 12.6B USD +2.23%
Operating Lease, Liability, Current 5.75M USD +9.72%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.04M USD +7.71%
Lessee, Operating Lease, Liability, to be Paid, Year One 7.61M USD -14.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) 15M USD -4.53%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7M USD -18.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6.97M USD +16.2%
Deferred Tax Assets, Operating Loss Carryforwards 4B USD +3.26%
Current Income Tax Expense (Benefit) 46.4M USD -35.8%
Preferred Stock, Shares Authorized 25M shares 0%
Unrecognized Tax Benefits 34M USD -25.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.52M USD -7.49%
Deferred Tax Assets, Net of Valuation Allowance 255M USD -0.85%
Interest Expense 191M USD +8.17%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%