Nine Energy Service, Inc. Balance Sheet
NINE|8 years of annual SEC 10-K data (FY2018-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 8 fiscal years. All figures from audited SEC 10-K filings.
Nine Energy Service, Inc. had $339M in total assets with negative shareholders' equity of $115M as of FY2025. Total debt was $342M against $18M in cash, resulting in $323M net debt.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -0.56 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.4M | $27.9M | $30.8M | $17.4M | $21.5M | $68.9M | $93.0M | $63.6M |
| Accounts Receivable | $76.0M | $81.2M | $88.4M | $105.3M | $64.0M | $41.2M | $96.9M | $154.8M |
| Inventory | $56.6M | $50.8M | $54.5M | $62.0M | $42.2M | $38.4M | $60.9M | $91.4M |
| Current Assets | $168.8M | $170.5M | $183.6M | $196.7M | $139.3M | $166.2M | $268.9M | $333.2M |
| PP&E (Net) | $64.3M | $70.5M | $82.4M | $89.7M | $87.0M | $102.4M | $128.6M | $211.6M |
| Goodwill | - | - | - | - | - | $0 | $307.8M | $307.8M |
| Total Assets | $339.5M | $360.1M | $402.0M | $426.8M | $381.6M | $442.6M | $850.9M | $1.1B |
| Current Liabilities | $91.4M | $81.5M | $82.8M | $81.0M | $56.5M | $43.4M | $61.2M | $108.3M |
| Total Debt | $341.6M | $317.3M | $320.5M | $338.0M | $332.3M | $343.6M | $392.1M | $425.0M |
| Shareholders' Equity | -$115.0M | -$35.6M | -$23.5M | -$39.3M | $20.4M | $20.4M | $594.8M | $594.8M |