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
DE
Fiscal year end
December 31
Former names
NSC-Tripoint, Inc. (to 10/12/2011)
Latest financial report
10-Q - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 226 % -12.3%
Quick Ratio 74.5 % -12.2%
Debt-to-equity -915 % +61.2%
Return On Equity 91.4 % +22%
Return On Assets -11.2 % -238%
Operating Margin 1.37 % -72.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.4M shares +19.9%
Common Stock, Shares, Outstanding 42.4M shares +19.9%
Entity Public Float 92.9M USD +94.3%
Common Stock, Value, Issued 424K USD +20.1%
Weighted Average Number of Shares Outstanding, Basic 39.2M shares +16.5%
Weighted Average Number of Shares Outstanding, Diluted 39.2M shares +16.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 557M USD -11.9%
Revenue from Contract with Customer, Excluding Assessed Tax 167M USD +80.3%
General and Administrative Expense 49.9M USD -18%
Operating Income (Loss) 7.63M USD -75.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -42M USD -222%
Income Tax Expense (Benefit) 537K USD -39%
Net Income (Loss) Attributable to Parent -42.5M USD -206%
Earnings Per Share, Basic -1.21 USD/shares -210%
Earnings Per Share, Diluted -1.21 USD/shares -203%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 15.7M USD +28.7%
Accounts Receivable, after Allowance for Credit Loss, Current 79.7M USD -6.31%
Inventory, Net 55.8M USD -4.82%
Assets, Current 158M USD -3.03%
Property, Plant and Equipment, Net 73.7M USD -12.3%
Operating Lease, Right-of-Use Asset 37M USD -14.5%
Intangible Assets, Net (Excluding Goodwill) 82M USD -12%
Other Assets, Noncurrent 2.88M USD -22.3%
Assets 353M USD -8.69%
Accounts Payable, Current 30.5M USD +33.1%
Accrued Liabilities, Current 23.1M USD -7.21%
Liabilities, Current 64.1M USD +10.3%
Operating Lease, Liability, Noncurrent 27.1M USD -20%
Other Liabilities, Noncurrent 1.13M USD -42.3%
Liabilities 411M USD -0.53%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.03M USD +0.93%
Retained Earnings (Accumulated Deficit) -858M USD -5.21%
Stockholders' Equity Attributable to Parent -57.6M USD -120%
Liabilities and Equity 353M USD -8.69%

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 42.4M shares +19.9%
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 15.7M USD +28.7%
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 -42.5M USD -202%
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 10.5M USD +2.01%
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 11.2M USD -3.15%
Deferred Tax Assets, Net of Valuation Allowance 22.3M USD +4.96%
Interest Expense 51.5M USD +39.6%