National Energy Services, Inc.
Industrials · Industrial Instruments For Measurement, Display, and Control · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $17.6M | — | — | $385,242 | $2.0M |
| Operating income | $762,856 | −$205,970 | −$266,255 | −$1.8M | −$2.3M |
| Net income | $312,090 | −$280,596 | −$510,063 | $544,581 | −$2.9M |
| Total assets | $20.0M | $17,696 | $652 | $39,346 | $859,679 |
| Total liabilities | $20.4M | $3.1M | $3.5M | $3.3M | $7.0M |
| Equity | −$347,144 | −$3.0M | −$3.5M | −$3.3M | −$6.1M |
| EPS (diluted) | $0.06 | $-0.13 | — | $0.00 | $-0.03 |
| Shares out. | 752.0M | 3.1M | 200.0M | 200.0M | 112.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- 4.3%
- Net margin
- 1.8%
- Return on equity
- −89.9%
- Return on assets
- 1.6%
- Return on capital (ROCE)
- 7.9%
- Liabilities / assets
- 101.7%
- Debt / equity
- —
- Book value / share
- $-0.00
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2014- Altman Z″ (distress)
- -4.68distress
- Accruals / assets
- −12.6%clean
- Piotroski F-Score
- 6/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 1 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 14, 2015
- NT 10-Qmissed a reporting deadline ↗May 15, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
- NT 10-Qmissed a reporting deadline ↗May 16, 2014
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2014
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2013
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Krueger Jeffery James10% owner | Sep 21, 2015 | Buy | 100,000 | $0.02 |
| Krueger Jeffery James10% owner | Sep 11, 2015 | Buy | 71,262 | $0.04 |
| Krueger Jeffery James10% owner | Sep 10, 2015 | Buy | 15,000 | $0.06 |
| Krueger Jeffery James10% owner | Aug 27, 2015 | Buy | 1.5M | $0.13 |
| Krueger Jeffery James10% owner | Aug 12, 2015 | Buy | 7,645 | $0.04 |
| Krueger Jeffery James10% owner | Aug 5, 2015 | Buy | 10,000 | $0.07 |
| Krueger Jeffery James10% owner | Jul 31, 2015 | Buy | 6,760 | $0.04 |
| Krueger Jeffery James10% owner | Jul 21, 2015 | Buy | 30,000 | $0.05 |
| Chance Robert WarrenOfficer — Chief Executive Officer | Jul 22, 2015 | Grant | 6,500 | $0.10 |
| Krueger Jeffery James10% owner | Jul 10, 2015 | Buy | 500 | $0.34 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Prior financials not reliable (restatement)Sep 4, 2015
- Prior financials not reliable (restatement)Aug 18, 2015
- Amended charter or bylawsJul 14, 2015
- Changed auditorJul 10, 2015
- Unregistered equity sale · Director / officer change · Other material eventJun 9, 2015
- Director / officer change · Other material eventMay 26, 2015
- Delisting / listing-standard notice · Amended charter or bylawsDec 11, 2014
- Director / officer change · Amended charter or bylaws · Shareholder voteSep 9, 2014
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- REVOKEDApr 16, 2019
- 4PRIMARY DOCUMENTJan 10, 2017
- SC 13GNONEApr 18, 2016
- SC 13G/AFeb 16, 2016
- 10-QFORM 10-QNov 16, 2015
- 4PRIMARY DOCUMENTOct 1, 2015
- 10-Q/ASep 24, 2015
- 4PRIMARY DOCUMENTSep 21, 2015
- 10-K/ASep 18, 2015
- 4PRIMARY DOCUMENTSep 11, 2015
- 4PRIMARY DOCUMENTSep 10, 2015
- 10-QFORM 10-QSep 8, 2015
- 8-KSep 4, 2015
- 4PRIMARY DOCUMENTAug 31, 2015
- 8-KAug 18, 2015
Event-driven situations (1)
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