Company / Interest Expense
Nine Energy Service, Inc. Interest Expense History
FY2018-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$32.5M
FY2023
5-year range
-$36.8M / $32.5M
FY2019-FY2023
Trend
+199.9%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has fluctuated over the past 6 years, ranging from -$37M in FY2021 to $37M in FY2020.
Based on SEC 10-K filings.
$32M in FY2023 with a 5-year CAGR of +7.8%.
Increased from -$37M to $32M over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -4.0%
- 5-Year CAGR
- +7.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +7.8%, indicating consistent growth.
- In FY2023, interest expense increased 199.9% year-over-year.
- Peak interest expense was recorded in FY2020.
- Lowest interest expense in the period was in FY2021.
Company context
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.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $32.5M | +199.9% |
| FY2022 | -$32.5M | +11.5% |
| FY2021 | -$36.8M | -200.0% |
| FY2020 | $36.8M | +134.1% |
| FY2019 | $15.7M | -29.6% |
| FY2018 | $22.3M | - |
As of FY2023 · SEC 10-K · Updated Jun 24, 2026