Nine Energy Service (NINE)

Net assets on the balance sheet as of September 2024 : -£45.61 Million

According to Nine Energy Service 's latest financial reports the company has -£45.61 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	$-£27.97 Million	43.93%
2022-12-31	$-£19.44 Million	-33.21%
2021-12-31	$-£29.1 Million	-294.29%
2020-12-31	$£14.97 M	-94.96%
2019-12-31	$£0.29 B	-36.55%
2018-12-31	$£0.46 B	120.39%
2017-12-31	$£0.21 B	-8.96%
2016-12-31	$£0.23 B	-1.86%
2015-12-31	$£0.23 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	£81.73 M	-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 : -£45.61 Million