Nine Energy Service, Inc. financial data

Symbol
NINE on NYSE
Industry
Oil & Gas Field Services, NEC
Location
2001 Kirby Drive, Suite 200, Houston, TX
State of incorporation
Delaware
Fiscal year end
December 31
Former names
NSC-Tripoint, Inc. (to 10/12/2011)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 233 % +0.26%
Quick Ratio 77 % +6.81%
Debt-to-equity -1.1K % +50.3%
Return On Equity 118 %
Return On Assets -11.8 % -467%
Operating Margin 0.78 % -90.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 41.2M shares +16.5%
Common Stock, Shares, Outstanding 41.2M shares +16.4%
Entity Public Float 92.9M USD +94.3%
Common Stock, Value, Issued 412K USD +16.4%
Weighted Average Number of Shares Outstanding, Basic 35.5M shares +6.56%
Weighted Average Number of Shares Outstanding, Diluted 35.5M shares +6.56%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 559M USD -15.1%
Revenue from Contract with Customer, Excluding Assessed Tax 167M USD +80.3%
General and Administrative Expense 50.6M USD -17.4%
Operating Income (Loss) 4.36M USD -91.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -45M USD -404%
Income Tax Expense (Benefit) 679K USD -41.2%
Net Income (Loss) Attributable to Parent -45.7M USD -435%
Earnings Per Share, Basic -1.34 USD/shares -391%
Earnings Per Share, Diluted -1.34 USD/shares -405%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 26M USD -36.7%
Accounts Receivable, after Allowance for Credit Loss, Current 84.4M USD -11.1%
Inventory, Net 59.7M USD -5.77%
Assets, Current 178M USD -14.2%
Property, Plant and Equipment, Net 77.1M USD -11.8%
Operating Lease, Right-of-Use Asset 38.5M USD -10.5%
Intangible Assets, Net (Excluding Goodwill) 84.8M USD -11.8%
Other Assets, Noncurrent 2.99M USD -23.7%
Assets 382M USD -12.9%
Accounts Payable, Current 39.4M USD +5%
Accrued Liabilities, Current 32.4M USD -9.78%
Liabilities, Current 83M USD -1.01%
Operating Lease, Liability, Noncurrent 28.7M USD -15.2%
Other Liabilities, Noncurrent 1.04M USD -38.3%
Liabilities 431M USD -4.53%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.02M USD +0.67%
Retained Earnings (Accumulated Deficit) -848M USD -5.69%
Stockholders' Equity Attributable to Parent -49.7M USD -271%
Liabilities and Equity 382M USD -12.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.84M USD -323%
Net Cash Provided by (Used in) Financing Activities -6.22M USD -216%
Net Cash Provided by (Used in) Investing Activities -5.46M USD -3.33%
Common Stock, Shares Authorized 120M shares 0%
Common Stock, Shares, Issued 41.2M shares +16.4%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -20.6M USD -624%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 26M USD -36.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 20.9M USD +178%
Deferred Tax Assets, Valuation Allowance 168M USD +3.16%
Deferred Tax Assets, Gross 190M USD +3.37%
Operating Lease, Liability 42.9M USD +15%
Depreciation 6.73M USD -9.25%
Payments to Acquire Property, Plant, and Equipment 5.49M USD -13.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -45.6M USD -444%
Lessee, Operating Lease, Liability, to be Paid 48.4M USD +13.8%
Property, Plant and Equipment, Gross 348M USD -1.04%
Operating Lease, Liability, Current 10.4M USD +3.88%
Lessee, Operating Lease, Liability, to be Paid, Year Two 11.6M USD +44.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 12.5M USD +29.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +20%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.46M USD +5.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10M USD +41.9%
Unrecognized Tax Benefits 544K USD -30.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.17M USD +10.7%
Operating Lease, Payments 3.25M USD +27.2%
Amortization of Intangible Assets 11.3M USD -2.31%
Deferred Tax Assets, Net of Valuation Allowance 22.3M USD +4.96%
Interest Expense 51.5M USD +39.6%