Nine Energy Service (NINE)

Net assets on the balance sheet as of September 2024 : -₹4.9 Billion

According to Nine Energy Service 's latest financial reports the company has -₹4.9 Billion 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	$-₹2.97 Billion	52.49%
2022-12-31	$-₹1.95 Billion	-33.44%
2021-12-31	$-₹2.93 Billion	-295.81%
2020-12-31	$₹1.49 B	-94.63%
2019-12-31	$₹27.80 B	-33.15%
2018-12-31	$₹41.59 B	126.68%
2017-12-31	$₹18.34 B	-6.31%
2016-12-31	$₹19.58 B	-16.44%
2015-12-31	$₹23.43 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	₹9.06 B	-285.08%	🇺🇸 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 : -₹4.9 Billion