Nine Energy Service (NINE)

Net assets on the balance sheet as of September 2024 : -A$88.64 Million

According to Nine Energy Service 's latest financial reports the company has -A$88.64 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Energy Service - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$52.3 Million	51.39%
2022-12-31	$-A$34.55 Million	-36.22%
2021-12-31	$-A$54.17 Million	-304.06%
2020-12-31	$A$26.54 M	-95.23%
2019-12-31	$A$0.55 B	-34.05%
2018-12-31	$A$0.84 B	129.4%
2017-12-31	$A$0.36 B	-7.93%
2016-12-31	$A$0.39 B	-17.42%
2015-12-31	$A$0.48 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	A$0.15 B	-279.21%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Nine Energy Service (NINE) - Net assets

Net assets on the balance sheet as of September 2024 : -A$88.64 Million