Nine Energy Service (NINE)

Net assets on the balance sheet as of September 2024 : -C$81.1 Million

According to Nine Energy Service 's latest financial reports the company has -C$81.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Nine Energy Service - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$47.26 Million	48.15%
2022-12-31	$-C$31.9 Million	-36.26%
2021-12-31	$-C$50.05 Million	-292.31%
2020-12-31	$C$26.02 M	-94.89%
2019-12-31	$C$0.50 B	-37.16%
2018-12-31	$C$0.81 B	124.28%
2017-12-31	$C$0.36 B	-6.71%
2016-12-31	$C$0.38 B	-20.84%
2015-12-31	$C$0.48 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	C$0.14 B	-279.21%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Nine Energy Service (NINE) - Net assets

Net assets on the balance sheet as of September 2024 : -C$81.1 Million