Nine Energy Service (NINE)

Net assets on the balance sheet as of September 2024 : -$57.57 Million USD

According to Nine Energy Service 's latest financial reports the company has -$57.57 Million USD 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	$-$35.63 Million	51.57%
2022-12-31	$-$23.51 Million	-40.14%
2021-12-31	$-$39.27 Million	-292.4%
2020-12-31	$$20.4 M	-94.77%
2019-12-31	$$0.38 B	-34.45%
2018-12-31	$$0.59 B	107%
2017-12-31	$$0.28 B	-0.29%
2016-12-31	$$0.28 B	-18.29%
2015-12-31	$$0.35 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	$0.10 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 : -$57.57 Million USD