Nine Energy Service Inc (NINE) - Total Assets
Based on the latest financial reports, Nine Energy Service Inc (NINE) holds total assets worth $340.70 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See NINE total equity for net asset value and shareholders' equity analysis.
Nine Energy Service Inc - Total Assets Trend (2015–2024)
This chart illustrates how Nine Energy Service Inc's total assets have evolved over time, based on quarterly financial data.
Nine Energy Service Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Nine Energy Service Inc's total assets of $340.70 Million consist of 47.3% current assets and 52.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.7% |
| Accounts Receivable | $81.44 Million | 22.6% |
| Inventory | $50.78 Million | 14.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $79.25 Million | 22.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Nine Energy Service Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Nine Energy Service Inc (NINE) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nine Energy Service Inc's current assets represent 47.3% of total assets in 2024, an increase from 14.8% in 2015.
- Cash Position: Cash and equivalents constituted 7.7% of total assets in 2024, up from 2.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, a decrease from 32.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 22.6% of total assets.
Nine Energy Service Inc Competitors by Total Assets
Key competitors of Nine Energy Service Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Tenaris SA ADR
NYSE:TS
|
USA | $20.47 Billion |
|
Tong Oil Tools
SHE:300164
|
China | CN¥1.99 Billion |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
|
Exmar NV
BR:EXM
|
Belgium | €1.03 Billion |
|
Lupatech S.A
SA:LUPA3
|
Brazil | R$488.90 Million |
Nine Energy Service Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.21 | 2.46 | 3.83 |
| Quick Ratio | 1.44 | 1.59 | 2.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $89.10 Million | $93.52 Million | $122.75 Million |
Nine Energy Service Inc - Advanced Valuation Insights
This section examines the relationship between Nine Energy Service Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.01 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | -10.4% |
| Total Assets | $360.08 Million |
| Market Capitalization | $25.40 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nine Energy Service Inc's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nine Energy Service Inc's assets decreased by 10.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nine Energy Service Inc (2015–2024)
The table below shows the annual total assets of Nine Energy Service Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $360.08 Million | -10.43% |
| 2023-12-31 | $401.98 Million | -5.82% |
| 2022-12-31 | $426.83 Million | +11.85% |
| 2021-12-31 | $381.61 Million | -13.78% |
| 2020-12-31 | $442.60 Million | -47.98% |
| 2019-12-31 | $850.89 Million | -25.44% |
| 2018-12-31 | $1.14 Billion | +97.14% |
| 2017-12-31 | $578.86 Million | +0.48% |
| 2016-12-31 | $576.09 Million | -12.51% |
| 2015-12-31 | $658.43 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 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