Nine Energy Service, Inc. (NINE) - Net Assets
Based on the latest financial reports, Nine Energy Service, Inc. (NINE) has net assets worth $-114.96 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($353.70 Million) and total liabilities ($468.66 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. Also explore net asset growth rate of Nine Energy Service, Inc. to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-114.96 Million |
| % of Total Assets | -32.5% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -139.89% |
| Growth Volatility | 121.75 |
Nine Energy Service, Inc. - Net Assets Trend (2015–2025)
This chart illustrates how Nine Energy Service, Inc.'s net assets have evolved over time, based on quarterly financial data. Check Nine Energy Service, Inc. (NINE) strategic asset index to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Nine Energy Service, Inc. (2015–2025)
The table below shows the annual net assets of Nine Energy Service, Inc. from 2015 to 2025. For live market cap and overall valuation, see Nine Energy Service, Inc. (NINE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-114.96 Million | -74.01% |
| 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 2163.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $433.00K | % |
| Other Comprehensive Income | $-5.19 Million | % |
| Other Components | $808.43 Million | % |
| Total Equity | $-114.96 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 |
|---|---|
|
Ram Essential Services Property Fund
AU:REP
|
$150.68 Million |
|
Vakif Gayrimenkul Yatirim Ortakligi AS
IS:VKGYO
|
$150.68 Million |
|
São Carlos Empreendimentos e Participações S.A
SA:SCAR3
|
$150.71 Million |
|
Comstock Holding Companies Inc
NASDAQ:CHCI
|
$150.79 Million |
|
Chaintech Technology Corp
TW:2425
|
$150.64 Million |
|
Stratus Properties Inc
NASDAQ:STRS
|
$150.62 Million |
|
Tofu Restaurant Co Ltd
TWO:2752
|
$150.54 Million |
|
Nekkar Asa
OL:NKR
|
$150.39 Million |
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 2024 to 2025, total equity changed from -66,064,000 to -114,956,000, a change of -48,892,000.
- Net loss of 51,322,000 reduced equity.
- Other comprehensive income increased equity by 219,000.
- Other factors increased equity by 2,211,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-51.32 Million | -44.64% |
| Other Comprehensive Income | $219.00K | +0.19% |
| Other Changes | $2.21 Million | +1.92% |
| 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 | $10.80 | x |
| 2016-12-31 | $13.41 | $10.80 | x |
| 2017-12-31 | $12.39 | $10.80 | x |
| 2018-12-31 | $24.37 | $10.80 | x |
| 2019-12-31 | $13.30 | $10.80 | x |
| 2020-12-31 | $0.69 | $10.80 | x |
| 2021-12-31 | $-1.30 | $10.80 | x |
| 2022-12-31 | $-0.73 | $10.80 | x |
| 2023-12-31 | $-1.07 | $10.80 | x |
| 2024-12-31 | $-1.78 | $10.80 | x |
| 2025-12-31 | $-2.81 | $10.80 | 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: -9.13%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-180.07%), 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 |
| 2025 | 0.00% | -9.13% | 1.59x | 0.00x | $-39.83 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: $2,426,094,478
- Average return on equity (ROE) among peers: 21.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nine Energy Service, Inc. (NINE) | $-114.96 Million | -11.09% | N/A | $150.66 Million |
| ProFrac Holding Corp. (ACDC) | $1.08 Billion | -19.99% | 1.78x | $922.44 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.47 Billion |
| Archrock Inc (AROC) | $860.69 Million | 5.15% | 2.02x | $5.81 Billion |
| Baker Hughes Co (BKR) | $17.05 Billion | 17.47% | 1.25x | $54.04 Billion |
| ChampionX Corporation (CHX) | $1.64 Billion | 3.14% | 0.21x | $4.94 Billion |
| Core Laboratories NV (CLB) | $63.63 Million | 190.33% | 6.93x | $563.30 Million |
| Drilling Tools International Corp. (DTI) | $11.16 Million | 18.83% | 5.23x | $80.09 Million |
| Dawson Geophysical Company (DWSN) | $3.03 Million | -37.96% | 0.77x | $131.35 Million |
| Enerflex Ltd. (EFXT) | $1.28 Billion | 5.78% | 0.94x | $2.50 Billion |
| Forum Energy Technologies Inc (FET) | $1.40 Billion | 12.49% | 0.59x | $598.68 Million |
About 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 provides 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 we… Read more