Nine Energy Service (NINE)

Net assets on the balance sheet as of June 2024 : -€44.87 M

According to Nine Energy Service 's latest financial reports the company has -€44.87 M 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	$-€32.24 M	47.08%
2022-12-31	$-€21.92 M	-36.51%
2021-12-31	$-€34.52 M	-306.73%
2020-12-31	$€16.69 M	-95.19%
2019-12-31	$€0.34 B	-33.13%
2018-12-31	$€0.51 B	116.81%
2017-12-31	$€0.23 B	-12.59%
2016-12-31	$€0.27 B	-15.19%
2015-12-31	$€0.32 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	€93.08 M	-307.50%	🇺🇸 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 June 2024 : -€44.87 M