Nine Energy Service (NINE)

Cash on Hand as of June 2024 : NZ$43.54 Million

According to Nine Energy Service 's latest financial reports the company has NZ$43.54 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Nine Energy Service - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$48.76 M	77.48%
2022-12-31	NZ$27.47 M	-12.74%
2021-12-31	NZ$31.49 M	-67.01%
2020-12-31	NZ$95.44 M	-30.88%
2019-12-31	NZ$0.13 B	45.59%
2018-12-31	NZ$94.83 M	284.6%
2017-12-31	NZ$24.65 M	319.27%
2016-12-31	NZ$5.88 M	-78.68%
2015-12-31	NZ$27.58 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
PEDEVCO PED	NZ$10.25 M	-76.44%	🇺🇸 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) - Cash on Hand

Cash on Hand as of June 2024 : NZ$43.54 Million