Nine Energy Service (NINE)

Net assets on the balance sheet as of June 2024 : -NZ$83.25 Million

According to Nine Energy Service 's latest financial reports the company has -NZ$83.25 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	$-NZ$56.35 Million	52.17%
2022-12-31	$-NZ$37.03 Million	-35.6%
2021-12-31	$-NZ$57.49 Million	-303.24%
2020-12-31	$NZ$28.28 M	-95.11%
2019-12-31	$NZ$0.57 B	-34.72%
2018-12-31	$NZ$0.88 B	119.17%
2017-12-31	$NZ$0.40 B	-2.75%
2016-12-31	$NZ$0.41 B	-19.26%
2015-12-31	$NZ$0.51 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	NZ$0.17 B	-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 : -NZ$83.25 Million