Nine Energy Service, Inc. financial data

Symbol
NINE on NYSE
Industry
Oil & Gas Field Services, NEC
Location
2001 Kirby Drive, Suite 200, Houston, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
NSC-Tripoint, Inc. (to 10/12/2011)
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 242 % +12.2%
Quick Ratio 78 % +18.2%
Debt-to-equity -1.46 K % +6.77%
Return On Equity 115 %
Return On Assets -8.5 % -332%
Operating Margin 2.57 % -66.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.3 M shares +1.74%
Common Stock, Shares, Outstanding 35.3 M shares +1.74%
Entity Public Float 92.9 M USD +94.3%
Common Stock, Value, Issued 353 K USD +1.73%
Weighted Average Number of Shares Outstanding, Basic 33.9 M shares +4.79%
Weighted Average Number of Shares Outstanding, Diluted 33.9 M shares +4.79%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 588 M USD -8.07%
Revenue from Contract with Customer, Excluding Assessed Tax 167 M USD +80.3%
General and Administrative Expense 52.4 M USD -12%
Operating Income (Loss) 15.1 M USD -69.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -34.3 M USD -308%
Income Tax Expense (Benefit) -145 K USD -111%
Net Income (Loss) Attributable to Parent -34.2 M USD -325%
Earnings Per Share, Basic -1.02 USD/shares -300%
Earnings Per Share, Diluted -1.02 USD/shares -308%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 10.2 M USD -52.1%
Accounts Receivable, after Allowance for Credit Loss, Current 91 M USD -7.65%
Inventory, Net 56.3 M USD -15.9%
Assets, Current 168 M USD -14.5%
Property, Plant and Equipment, Net 81.2 M USD -7.32%
Operating Lease, Right-of-Use Asset 40.6 M USD +2.73%
Intangible Assets, Net (Excluding Goodwill) 87.6 M USD -11.5%
Other Assets, Noncurrent 3.23 M USD -21.7%
Assets 380 M USD -10.8%
Accounts Payable, Current 38.8 M USD +3.57%
Accrued Liabilities, Current 22.8 M USD -9.75%
Liabilities, Current 73.9 M USD +1.21%
Operating Lease, Liability, Noncurrent 30.9 M USD -2.43%
Other Liabilities, Noncurrent 1.87 M USD +0.38%
Liabilities 424 M USD -3.27%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.07 M USD -1.46%
Retained Earnings (Accumulated Deficit) -834 M USD -4.27%
Stockholders' Equity Attributable to Parent -43.3 M USD -282%
Liabilities and Equity 380 M USD -10.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.84 M USD -323%
Net Cash Provided by (Used in) Financing Activities -6.22 M USD -216%
Net Cash Provided by (Used in) Investing Activities -5.46 M USD -3.33%
Common Stock, Shares Authorized 120 M shares 0%
Common Stock, Shares, Issued 35.3 M shares +1.74%
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 -20.6 M USD -624%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 10.2 M USD -52.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 20.9 M USD +178%
Deferred Tax Assets, Valuation Allowance 168 M USD +3.16%
Deferred Tax Assets, Gross 190 M USD +3.37%
Operating Lease, Liability 42.9 M USD +15%
Depreciation 6.73 M USD -9.25%
Payments to Acquire Property, Plant, and Equipment 5.49 M USD -13.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -34.2 M USD -333%
Lessee, Operating Lease, Liability, to be Paid 48.4 M USD +13.8%
Property, Plant and Equipment, Gross 348 M USD -1.04%
Operating Lease, Liability, Current 10.4 M USD +19.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 11.6 M USD +44.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 12.5 M USD +29.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +20%
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.46 M USD +5.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10 M USD +41.9%
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 585 K USD +7.14%
Unrecognized Tax Benefits 544 K USD -30.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.17 M USD +10.7%
Operating Lease, Payments 3.25 M USD +27.2%
Current State and Local Tax Expense (Benefit) 502 K USD -1.57%
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 11.4 M USD -8.34%
Deferred Tax Assets, Net of Valuation Allowance 22.3 M USD +4.96%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 51.5 M USD +39.6%