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Other financials

Income statement

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Revenue$45.6M-8.7%
Gross profit$12.9M-19.8%
Operating income-$1.6M
Net income$1.7M-60.9%
EPS (diluted)$1.77+12.0%

Balance sheet

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Cash & equivalents$34.5M+49.8%
Total debt$12.1M-13.2%
Total equity$124.8M+21.0%
Total assets$174.6M+12.5%

Cash flow

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Operating cash flow$1.3M+178%
CapEx$591.0K+27.4%
Free cash flow$689.0K+133%

Valuation

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Market cap$117.03M+48.3%
Enterprise value$94.69M+40.9%
P/E-0.4×
P/S0.7×+0.2×

Profitability

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Gross margin39%+0.2pp
Operating margin-3.9%
Net margin13%+7.1pp
FCF margin13.3%

Returns & leverage

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Return on equity20.5%+10.3pp
Debt / equity0.1×0.0×
Current ratio5.3×+0.8×

Where this comes from

Calculated from NCS Multistage Holdings’s reported figures.

Based on the most recent quarter.

The official record: NCS Multistage Holdings’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NCS Multistage Holdings's cash ratio?
NCS Multistage Holdings (NCSM) reported cash ratio of 1.6× in Q1 2026.
How has NCS Multistage Holdings's cash ratio changed year-over-year?
NCS Multistage Holdings's cash ratio increased by 63.4% year-over-year, from 1× to 1.6×.
What is the long-term trend for NCS Multistage Holdings's cash ratio?
Over 5 years (2020 to 2025), NCS Multistage Holdings's cash ratio has grown at a 4.3% compound annual growth rate (CAGR), from 1× to 1.3×.
What does cash ratio mean?
Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.