Nine Energy Service, Inc. (NINE) quarterly balance sheet — complete assets, liabilities & equity history
Nine Energy Service, Inc. (NINE) balance sheet — 11-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 171.3M | 174.85M | 168.83M | 162.9M | 175.73M | 174.58M | 170.46M | 157.62M | 178.33M | 167.69M | 183.63M | 162.54M | 207.96M | 196.19M | 196.72M | 188.64M | 172.69M | 158.98M | 139.3M | 143.86M |
| Cash & Short-Term Investments | 18.25M | 21.86M | 19.84M | 16.48M | 17.75M | 17.27M | 27.88M | 15.65M | 26.03M | 10.24M | 30.84M | 12.16M | 41.12M | 21.37M | 17.45M | 21.49M | 22.41M | 19.94M | 21.51M | 29.97M |
| Cash Only | 18.25M | 21.86M | 19.84M | 16.48M | 17.75M | 17.27M | 27.88M | 15.65M | 26.03M | 10.24M | 30.84M | 12.16M | 41.12M | 21.37M | 17.45M | 21.49M | 22.41M | 19.94M | 21.51M | 29.97M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 91.6M | 88.27M | 75.98M | 81.45M | 93.99M | 95.3M | 81.44M | 79.73M | 85.08M | 91.31M | 88.94M | 86M | 96.03M | 98.5M | 106.02M | 105.06M | 89.97M | 80.85M | 65.42M | 59.78M |
| Days Sales Outstanding | 57.71 | 56.86 | 54.79 | 61.12 | 58.49 | 52.86 | 52.42 | 54.87 | 60.62 | 57.71 | 55.85 | 59.55 | 54.83 | 56.32 | 58.26 | 53.58 | 54.6 | 56.29 | 54.8 | 59.4 |
| Inventory | 48.77M | 50.55M | 56.55M | 56.81M | 54.21M | 51.19M | 50.78M | 55.83M | 59.71M | 56.34M | 54.49M | 58.66M | 63.36M | 67.03M | 62.05M | 52.96M | 48.95M | 45.96M | 42.18M | 43.02M |
| Days Inventory Outstanding | 37.08 | 38.75 | 43.33 | 42.46 | 36.88 | 35 | 39.53 | 43.4 | 43.48 | 40.17 | 40.55 | 43.9 | 43.06 | 42.26 | 38.7 | 35.27 | 35.1 | 37.87 | 38.86 | 43.18 |
| Other Current Assets | 1.38M | 2.06M | 2.92M | 1.95M | 1.37M | 1.66M | 380K | 615K | 7.52M | 9.8M | 9.37M | 5.72M | 7.44M | 9.29M | 11.22M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 146.36M | 151.19M | 184.87M | 177.8M | 185.43M | 184.6M | 189.61M | 195.62M | 203.39M | 212.72M | 218.35M | 224.3M | 230.51M | 230.5M | 230.11M | 218.84M | 223.05M | 231.89M | 242.31M | 242.03M |
| Property, Plant & Equipment | 136.9M | 141.55M | 98.39M | 102.3M | 106.68M | 105.68M | 107.8M | 110.69M | 115.56M | 121.86M | 124.47M | 127.34M | 130.44M | 127.33M | 126.6M | 112.19M | 113.53M | 117.21M | 123.52M | 119.14M |
| Fixed Asset Turnover | 1.02x | 1.08x | 1.32x | 1.26x | 1.39x | 1.41x | 1.29x | 1.22x | 1.12x | 1.15x | 1.14x | 1.09x | 1.25x | 1.29x | 1.40x | 1.48x | 1.23x | 0.97x | 0.87x | 0.76x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8.9M | 9.1M | 68.06M | 70.86M | 73.65M | 76.45M | 79.25M | 82.04M | 84.84M | 87.63M | 90.43M | 93.26M | 96.15M | 99.05M | 101.94M | 105.84M | 108.74M | 112.5M | 116.41M | 120.31M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21.26M | 0 | 0 | 0 | -16.46M | 0 |
| Other Non-Current Assets | 557K | 535K | 4.18M | 4.65M | 5.1M | 2.48M | 2.57M | 2.88M | 2.99M | 3.23M | 3.45M | 3.71M | 3.92M | 4.12M | 1.56M | 808K | 784K | 2.17M | 2.38M | 2.57M |
| Total Assets | 317.65M | 326.04M | 353.7M | 340.7M | 361.17M | 359.18M | 360.08M | 353.23M | 381.72M | 380.41M | 401.98M | 386.84M | 438.48M | 426.69M | 426.83M | 407.48M | 395.75M | 390.87M | 381.61M | 385.88M |
| Asset Turnover | 0.44x | 0.38x | 0.38x | 0.38x | 0.41x | 0.42x | 0.40x | 0.38x | 0.35x | 0.36x | 0.37x | 0.34x | 0.37x | 0.38x | 0.40x | 0.42x | 0.36x | 0.30x | 0.27x | 0.24x |
| Asset Growth % | -12.05% | -9.23% | -1.77% | -3.55% | -5.39% | -5.58% | -10.43% | -8.69% | -12.94% | -10.85% | -5.82% | -5.06% | 10.8% | 9.17% | 11.85% | 5.6% | 0.28% | -6.72% | -13.78% | -11.99% |
| Total Current Liabilities | 73.09M | 81.97M | 91.41M | 73.8M | 93.93M | 86.03M | 81.55M | 64.1M | 82.96M | 73.85M | 82.75M | 58.14M | 83.81M | 72.97M | 81M | 102.66M | 93.36M | 67.73M | 56.45M | 61.11M |
| Accounts Payable | 44.45M | 41.45M | 43.56M | 37.07M | 44.15M | 46.49M | 36.05M | 30.46M | 39.4M | 38.83M | 33.38M | 22.9M | 37.52M | 37.49M | 42.21M | 38.15M | 35.47M | 29.89M | 28.68M | 23.71M |
| Days Payables Outstanding | 32.07 | 30.76 | 30.83 | 31.06 | 31.72 | 28.33 | 24.67 | 26.24 | 29.31 | 26.17 | 20.17 | 21.74 | 24.77 | 26.1 | 27.04 | 25.48 | 24.17 | 25.17 | 23.9 | 26.79 |
| Short-Term Debt | 14.34M | 16.48M | 19.73M | 13.23M | 14M | 2.26M | 3.58M | 0 | 730K | 1.8M | 2.86M | 0 | 10.39M | 10.09M | 2.27M | 35.14M | 34.91M | 8.24M | 2.09M | 7.95M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 6.54M | 15.54M | 20.89M | 15.35M | 23.48M | 9.8M | 7.3M | -1 | 23.31M | 14.41M | 10.95M | 6.73M | 14.33M | 6.24M | 0 | 10.55M | 4.93M | 11.08M | 0 | 14.86M |
| Current Ratio | 2.34x | 2.13x | 1.85x | 2.21x | 1.87x | 2.03x | 2.09x | 2.46x | 2.15x | 2.27x | 2.22x | 2.80x | 2.48x | 2.69x | 2.43x | 1.84x | 1.85x | 2.35x | 2.47x | 2.35x |
| Quick Ratio | 1.68x | 1.52x | 1.23x | 1.44x | 1.29x | 1.43x | 1.47x | 1.59x | 1.43x | 1.51x | 1.56x | 1.79x | 1.73x | 1.77x | 1.66x | 1.32x | 1.33x | 1.67x | 1.72x | 1.65x |
| Cash Conversion Cycle | 62.72 | 64.85 | 67.3 | 72.52 | 63.65 | 59.52 | 67.29 | 72.03 | 74.79 | 71.7 | 76.24 | 81.71 | 73.12 | 72.49 | 69.92 | 63.38 | 65.53 | 69 | 69.77 | 75.79 |
| Total Non-Current Liabilities | 114.99M | 110.09M | 377.25M | 362.77M | 348.97M | 345.26M | 344.6M | 346.69M | 348.47M | 349.87M | 354.86M | 354.82M | 368.07M | 365.06M | 369.34M | 336.9M | 348.71M | 368.5M | 364.43M | 349.5M |
| Long-Term Debt | 97.34M | 90.44M | 341.57M | 339.39M | 323.45M | 319.14M | 317.26M | 318.47M | 318.75M | 317.1M | 320.52M | 319.01M | 332.56M | 331.53M | 338.03M | 305.63M | 318.15M | 337.73M | 332.31M | 317.18M |
| Capital Lease Obligations | 17.19M | 19.6M | 21.35M | 23.29M | 25.43M | 25.59M | 26.71M | 27.09M | 28.69M | 30.9M | 32.59M | 33.85M | 33.83M | 31.67M | 29.37M | 29.61M | 28.97M | 29.18M | 30.5M | 30.02M |
| Deferred Tax Liabilities | 0 | 0 | 14.24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.26M | 0 | 0 | 0 | 16.46M | 0 |
| Other Non-Current Liabilities | 459K | 45K | 87K | 90K | 92K | 540K | 621K | 1.13M | 1.04M | 1.87M | 1.75M | 1.96M | 1.69M | 1.86M | 1.94M | 1.66M | 1.59M | 1.59M | 1.61M | 2.3M |
| Total Liabilities | 188.09M | 192.06M | 468.66M | 436.57M | 442.9M | 431.29M | 426.14M | 410.79M | 431.44M | 423.72M | 437.61M | 412.96M | 451.89M | 438.04M | 450.34M | 439.56M | 442.06M | 436.24M | 420.88M | 410.62M |
| Total Debt | 128.87M | 126.52M | 382.65M | 375.91M | 362.88M | 359.11M | 358.79M | 356.13M | 358.61M | 360.23M | 366.32M | 363.24M | 386.84M | 382.08M | 377.8M | 378.24M | 389.13M | 382.23M | 372.07M | 361.97M |
| Net Debt | 110.62M | 104.66M | 362.81M | 359.43M | 345.13M | 341.83M | 330.91M | 340.47M | 332.58M | 349.99M | 335.48M | 351.08M | 345.72M | 360.7M | 360.36M | 356.75M | 366.72M | 362.29M | 350.56M | 332M |
| Debt / Equity | 0.99x | 0.94x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 16.17x | 20.69x | 81.48x | 32.65x | 23.18x | 20.31x | 22.94x | 24.08x | 31.74x | 20.89x | 23.67x | 28.64x | 16.97x | 19.30x | 13.13x | 12.01x | 20.77x | 28.35x | 81.95x | 75.00x |
| Net Debt / EBITDA | 13.88x | 17.11x | 77.26x | 31.22x | 22.05x | 19.33x | 21.16x | 23.02x | 29.43x | 20.30x | 21.67x | 27.68x | 15.16x | 18.22x | 12.52x | 11.33x | 19.58x | 26.87x | 77.22x | 68.79x |
| Interest Coverage | -1.40x | 19.39x | -0.38x | -0.06x | 0.26x | 0.46x | 0.30x | 0.22x | -0.09x | 0.38x | 0.21x | -0.01x | 0.75x | 0.58x | 2.04x | 2.82x | 0.82x | 0.16x | -0.99x | -1.01x |
| Total Equity | 129.57M | 133.98M | -114.96M | -95.87M | -81.74M | -72.11M | -66.06M | -57.56M | -49.72M | -43.31M | -35.63M | -26.12M | -13.41M | -11.34M | -23.51M | -32.09M | -46.32M | -45.37M | -39.27M | -24.73M |
| Equity Growth % | 258.52% | 285.8% | -74.01% | -66.55% | -64.41% | -66.49% | -85.42% | -120.41% | -270.68% | -281.92% | -51.57% | 18.6% | 71.04% | 75% | 40.14% | -29.73% | -375.99% | -422.13% | -292.4% | -146.14% |
| Book Value per Share | 9.29 | 9.60 | -2.65 | -2.32 | -2.00 | -1.80 | -1.65 | -1.47 | -1.40 | -1.28 | -1.05 | -0.78 | -0.40 | -0.35 | -0.72 | -1.00 | -1.50 | -1.49 | -1.29 | -0.81 |
| Total Shareholders' Equity | 129.57M | 133.98M | -114.96M | -95.87M | -81.74M | -72.11M | -66.06M | -57.56M | -49.72M | -43.31M | -35.63M | -26.12M | -13.41M | -11.34M | -23.51M | -32.09M | -46.32M | -45.37M | -39.27M | -24.73M |
| Common Stock | 139K | 139K | 433K | 434K | 434K | 423K | 423K | 424K | 412K | 353K | 353K | 353K | 354K | 347K | 332K | 332K | 334K | 328K | 328K | 328K |
| Retained Earnings | -6.14M | -1.25M | -918.63M | -899.41M | -884.76M | -874.37M | -867.31M | -858.47M | -848.33M | -834.28M | -826.23M | -815.92M | -802.66M | -800.13M | -794.02M | -802M | -816.29M | -815.31M | -808.41M | -792.66M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -64K | 32K | -5.19M | -4.87M | -4.92M | -5.14M | -5.41M | -5.02M | -5.02M | -5.07M | -4.86M | -5.07M | -5.05M | -5M | -4.83M | -4.93M | -4.7M | -4.53M | -4.54M | -4.53M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |