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) - Net Assets
Latest net assets as of September 2025: $-95.87 Million USD
Based on the latest financial reports, Nine Energy Service Inc (NINE) has net assets worth $-95.87 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($340.70 Million) and total liabilities ($436.57 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-95.87 Million |
| % of Total Assets | -28.14% |
| Annual Growth Rate | N/A |
| 5-Year Change | -423.7% |
| 10-Year Change | N/A |
| Growth Volatility | 121.75 |
Nine Energy Service Inc - Net Assets Trend (2015–2024)
This chart illustrates how Nine Energy Service Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nine Energy Service Inc (2015–2024)
The table below shows the annual net assets of Nine Energy Service Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-66.06 Million | -85.42% |
| 2023-12-31 | $-35.63 Million | -51.57% |
| 2022-12-31 | $-23.51 Million | +40.14% |
| 2021-12-31 | $-39.27 Million | -292.40% |
| 2020-12-31 | $20.41 Million | -94.77% |
| 2019-12-31 | $389.88 Million | -34.45% |
| 2018-12-31 | $594.82 Million | +107.00% |
| 2017-12-31 | $287.36 Million | -0.29% |
| 2016-12-31 | $288.19 Million | -18.29% |
| 2015-12-31 | $352.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nine Energy Service Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 2048.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $423.00K | % |
| Other Comprehensive Income | $-5.41 Million | % |
| Other Components | $806.23 Million | % |
| Total Equity | $-66.06 Million | 100.00% |
Nine Energy Service Inc Competitors by Market Cap
The table below lists competitors of Nine Energy Service Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RSL Electronics Ltd
TA:RSEL
|
$402.74K |
|
Aega ASA
OL:AEGA
|
$402.90K |
|
HMS BERGBAU - Dusseldorf Stock Exchang
DU:HMU
|
$403.25K |
|
FASTENAL
MU:FAS
|
$403.55K |
|
G.F.C Green Fields Capital Ltd.
TA:GFC-M
|
$402.34K |
|
ARADEI CAPITAL
BC:ARADEI-CAPITAL
|
$402.22K |
|
ATHOS IMMO (IJM.SG)
STU:IJM
|
$402.05K |
|
Anfield Resources Inc
OTCQB:ANLDF
|
$402.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nine Energy Service Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -35,630,000 to -66,064,000, a change of -30,434,000.
- Net loss of 41,082,000 reduced equity.
- New share issuances of 8,249,000 increased equity.
- Other comprehensive income decreased equity by 547,000.
- Other factors increased equity by 2,946,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-41.08 Million | -62.19% |
| Share Issuances | $8.25 Million | +12.49% |
| Other Comprehensive Income | $-547.00K | -0.83% |
| Other Changes | $2.95 Million | +4.46% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Nine Energy Service Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $16.41 | $0.01 | x |
| 2016-12-31 | $13.41 | $0.01 | x |
| 2017-12-31 | $12.39 | $0.01 | x |
| 2018-12-31 | $24.37 | $0.01 | x |
| 2019-12-31 | $13.30 | $0.01 | x |
| 2020-12-31 | $0.69 | $0.01 | x |
| 2021-12-31 | $-1.30 | $0.01 | x |
| 2022-12-31 | $-0.73 | $0.01 | x |
| 2023-12-31 | $-1.07 | $0.01 | x |
| 2024-12-31 | $-1.78 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nine Energy Service Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.41%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-198.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -11.09% | -8.17% | 0.73x | 1.87x | $-74.38 Million |
| 2016 | -24.61% | -25.11% | 0.49x | 2.00x | $-99.73 Million |
| 2017 | -23.55% | -12.45% | 0.94x | 2.01x | $-96.42 Million |
| 2018 | -8.91% | -6.41% | 0.72x | 1.92x | $-112.47 Million |
| 2019 | -55.85% | -26.14% | 0.98x | 2.18x | $-256.74 Million |
| 2020 | -1856.77% | -121.91% | 0.70x | 21.69x | $-380.99 Million |
| 2021 | 0.00% | -18.48% | 0.92x | 0.00x | $-60.65 Million |
| 2022 | 0.00% | 2.43% | 1.39x | 0.00x | $16.74 Million |
| 2023 | 0.00% | -5.28% | 1.52x | 0.00x | $-28.65 Million |
| 2024 | 0.00% | -7.41% | 1.54x | 0.00x | $-34.48 Million |
Industry Comparison
This section compares Nine Energy Service Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nine Energy Service Inc (NINE) | $-95.87 Million | -11.09% | N/A | $402.61K |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |