Nine Energy Service (NINE)

Net assets on the balance sheet as of June 2024 : -HK$0.39 B

According to Nine Energy Service 's latest financial reports the company has -HK$0.39 B 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	$-HK$0.28 B	51.51%
2022-12-31	$-HK$0.19 B	-40.01%
2021-12-31	$-HK$0.31 B	-293.49%
2020-12-31	$HK$0.15 B	-94.79%
2019-12-31	$HK$3.03 B	-34.8%
2018-12-31	$HK$4.65 B	107.47%
2017-12-31	$HK$2.24 B	0.46%
2016-12-31	$HK$2.23 B	-18.24%
2015-12-31	$HK$2.73 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	HK$0.80 B	-307.50%	🇺🇸 USA

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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 : -HK$0.39 B