Nine Energy Service, Inc. (NINE)

Nine Energy Service Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	14.22	27.88	30.84	17.45	21.51	68.86
Cash & Short-Term Investments	14.22	27.88	30.84	17.45	21.51	68.86
Cash Growth	-45.38%	-9.60%	76.78%	-18.89%	-68.77%	-25.94%
Accounts Receivable	93.99	81.16	88.45	105.28	64.03	41.24
Other Receivables	-	0.28	0.49	0.74	1.39	1.39
Receivables	93.99	81.44	88.94	106.02	65.42	42.63
Inventory	54.21	50.78	54.49	62.05	42.18	38.4
Prepaid Expenses	8.41	9.98	8.87	11.22	10.2	16.27
Other Current Assets	1.37	0.38	0.5	-	-	-
Total Current Assets	175.73	170.46	183.63	196.73	139.3	166.16
Property, Plant & Equipment	106.68	107.8	124.47	126.6	123.52	140.61
Other Intangible Assets	73.65	79.25	90.43	101.95	116.41	132.52
Other Long-Term Assets	5.1	2.57	3.45	1.56	2.38	3.31
Total Assets	361.17	360.08	401.98	426.83	381.61	442.6
Accounts Payable	44.15	36.05	33.38	42.21	28.68	18.14
Accrued Expenses	35.65	30.68	36.17	28.39	18.52	17.14
Current Portion of Long-Term Debt	0.91	3.58	2.86	2.27	2.09	0.84
Current Portion of Leases	13.09	11.24	10.35	8.13	7.16	7.29
Current Income Taxes Payable	0.14	-	-	-	-	-
Total Current Liabilities	93.93	81.55	82.75	81	56.45	43.42
Long-Term Debt	323.45	317.26	320.52	338.03	332.31	342.71
Long-Term Leases	25.43	26.71	32.59	29.37	30.5	33.4
Other Long-Term Liabilities	0.09	0.62	1.75	1.94	1.61	2.66
Total Liabilities	442.9	426.14	437.61	450.34	420.88	422.19
Common Stock	0.43	0.42	0.35	0.33	0.33	0.32
Additional Paid-In Capital	807.51	806.23	795.11	775.01	773.35	768.43
Retained Earnings	-884.76	-867.31	-826.23	-794.02	-808.41	-743.84
Comprehensive Income & Other	-4.92	-5.41	-4.86	-4.83	-4.54	-4.5
Shareholders' Equity	-81.74	-66.06	-35.63	-23.51	-39.27	20.41
Total Liabilities & Equity	361.17	360.08	401.98	426.83	381.61	442.6
Total Debt	362.88	358.79	366.32	377.8	372.07	384.25
Net Cash (Debt)	-348.67	-330.91	-335.48	-360.36	-350.56	-315.39
Net Cash Per Share	-8.69	-8.90	-10.08	-11.17	-11.57	-10.60
Filing Date Shares Outstanding	43.34	42.35	35.32	34.72	32.86	31.56
Total Common Shares Outstanding	43.37	42.35	35.32	33.22	32.83	31.56
Working Capital	81.8	88.92	100.88	115.72	82.85	122.75
Book Value Per Share	-1.88	-1.56	-1.01	-0.71	-1.20	0.65
Tangible Book Value	-155.39	-145.31	-126.06	-125.45	-155.68	-112.12
Tangible Book Value Per Share	-3.58	-3.43	-3.57	-3.78	-4.74	-3.55
Land	-	3.2	1.56	1.35	0.83	0.79
Buildings	-	4.69	5.69	4.6	8.99	8.49
Machinery	-	332.28	338.63	343.85	322.38	318.25
Leasehold Improvements	-	4.46	2.28	2.02	1.44	1.32

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q