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Nabors Energy Transition II (Nabors Energy Transition II) Change In Working Capital : $0.22 Mil (TTM As of Mar. 2024)


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What is Nabors Energy Transition II Change In Working Capital?

Nabors Energy Transition II's change in working capital for the quarter that ended in Mar. 2024 was $0.22 Mil.

Nabors Energy Transition II's change in working capital for the fiscal year that ended in Dec. 2023 was $0.00 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Nabors Energy Transition II Change In Working Capital Historical Data

The historical data trend for Nabors Energy Transition II's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nabors Energy Transition II Change In Working Capital Chart

Nabors Energy Transition II Annual Data
Trend Dec23
Change In Working Capital
-

Nabors Energy Transition II Quarterly Data
Apr23 Sep23 Dec23 Mar24
Change In Working Capital - - - 0.22

Nabors Energy Transition II Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nabors Energy Transition II Change In Working Capital Related Terms

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Nabors Energy Transition II (Nabors Energy Transition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nabors Energy Transition Corp II (NAS:NETD) » Definitions » Change In Working Capital
Comparable Companies
CXAC NFNT APGB SLAM KCGI CCVI CNDA EMLD RRAC TRTL PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
515 West Greens Road, Suite 1200, Houston, TX, USA, 77067
Website
https://www.nabors-etcorp.com
Nabors Energy Transition Corp II is a blank check company.
Executives
Anthony G Petrello director, 10 percent owner, officer: President, CEO and Secretary NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067
William J Restrepo officer: Chief Financial Officer P.O. BOX 60068, HOUSTON TX 77205-0068
Guillermo Sierra officer: VP, Energy Transition C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Calhoun Colleen director 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Lux 2 S.a.r.l. 10 percent owner 8-10 AVENUE DE LA GARE, LUXEMBOURG CITY N4 L-1610
Nabors Energy Transition Sponsor Ii Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Greens Road Energy Ii Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Stephen M. Trauber director 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067