Nine Energy Service (NINE)

Net assets on the balance sheet as of June 2024 : -S$64.76 M

According to Nine Energy Service 's latest financial reports the company has -S$64.76 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	$-S$47.06 M	49.32%
2022-12-31	$-S$31.52 M	-40.49%
2021-12-31	$-S$52.96 M	-296.27%
2020-12-31	$S$26.98 M	-94.85%
2019-12-31	$S$0.52 B	-35.3%
2018-12-31	$S$0.81 B	110.83%
2017-12-31	$S$0.38 B	-7.85%
2016-12-31	$S$0.41 B	-16.47%
2015-12-31	$S$0.49 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	S$0.13 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 : -S$64.76 M