Nine Energy Service Inc
Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. The company offers cementing services, including blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well… Read more
Nine Energy Service Inc (NINE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.104x
Based on the latest financial reports, Nine Energy Service Inc (NINE) has a cash flow conversion efficiency ratio of 0.104x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-9.94 Million) by net assets ($-95.87 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nine Energy Service Inc - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Nine Energy Service Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nine Energy Service Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nine Energy Service Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RSL Electronics Ltd
TA:RSEL
|
0.986x |
|
Aega ASA
OL:AEGA
|
25.579x |
|
HMS BERGBAU - Dusseldorf Stock Exchang
DU:HMU
|
N/A |
|
FASTENAL
MU:FAS
|
0.083x |
|
G.F.C Green Fields Capital Ltd.
TA:GFC-M
|
0.015x |
|
ARADEI CAPITAL
BC:ARADEI-CAPITAL
|
N/A |
|
ATHOS IMMO (IJM.SG)
STU:IJM
|
N/A |
|
Anfield Resources Inc
OTCQB:ANLDF
|
-0.103x |
Annual Cash Flow Conversion Efficiency for Nine Energy Service Inc (2015–2024)
The table below shows the annual cash flow conversion efficiency of Nine Energy Service Inc from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-66.06 Million | $13.20 Million | -0.200x | +84.36% |
| 2023-12-31 | $-35.63 Million | $45.51 Million | -1.277x | -80.09% |
| 2022-12-31 | $-23.51 Million | $16.67 Million | -0.709x | -168.91% |
| 2021-12-31 | $-39.27 Million | $-40.42 Million | 1.029x | +528.61% |
| 2020-12-31 | $20.41 Million | $-4.90 Million | -0.240x | -192.42% |
| 2019-12-31 | $389.88 Million | $101.31 Million | 0.260x | +72.54% |
| 2018-12-31 | $594.82 Million | $89.58 Million | 0.151x | +663.08% |
| 2017-12-31 | $287.36 Million | $5.67 Million | 0.020x | +272.87% |
| 2016-12-31 | $288.19 Million | $-3.29 Million | -0.011x | -102.87% |
| 2015-12-31 | $352.68 Million | $140.37 Million | 0.398x | -- |