NINE
Price:
$0.9712
Market Cap:
$41.14M
Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. It offers cementing services, which consist of blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides a portfolio of completion tools, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, frac plugs, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that p...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2018-01-19
Stock Exchange
NYSE
Ticker
NINE
According to Nine Energy Service, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.46. This represents a change of 8.11% compared to the average of 2.27 of the last 4 quarters.
The mean historical Current Ratio of Nine Energy Service, Inc. over the last ten years is 2.31. The current 2.46 Current Ratio has changed 10.56% with respect to the historical average. Over the past ten years (40 quarters), NINE's Current Ratio was at its highest in in the June 2020 quarter at 7.20. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
2.31
Median
2.37
Minimum
0
Maximum
4.39
Discovering the peaks and valleys of Nine Energy Service, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual Current Ratio = 4.39
Minimum Annual Increase = -71.96%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 2.22 | -8.63% |
2022 | 2.43 | -1.58% |
2021 | 2.47 | -35.53% |
2020 | 3.83 | -12.88% |
2019 | 4.39 | 42.78% |
2018 | 3.08 | 498.52% |
2017 | 0.51 | -71.96% |
2016 | 1.83 | -20.60% |
2015 | 2.31 | Infinity% |
The current Current Ratio of Nine Energy Service, Inc. (NINE) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
2.37
5-year avg
3.07
10-year avg
2.31
Nine Energy Service, Inc.’s Current Ratio is greater than Liberty Energy Inc. (1.23), greater than ProFrac Holding Corp. (0.95), greater than Helix Energy Solutions Group, Inc. (2.29), greater than Newpark Resources, Inc. (2.29), less than Profire Energy, Inc. (0), less than Enservco Corporation (6.24), greater than Enerflex Ltd. (0.99), greater than Geospace Technologies Corporation (1.19), less than Cactus, Inc. (5.20), less than ChampionX Corporation (3.82), greater than NexTier Oilfield Solutions Inc. (1.94), greater than Dril-Quip, Inc. (1.31), less than Solaris Oilfield Infrastructure, Inc. (5.60), greater than null (0),
Company | Current Ratio | Market cap |
---|---|---|
1.23 | $3.06B | |
0.95 | $1.18B | |
2.29 | $1.41B | |
2.29 | $627.11M | |
0 | $117.35M | |
6.24 | $3.05M | |
0.99 | $1.21B | |
1.19 | $129.25M | |
5.20 | $3.82B | |
3.82 | $5.07B | |
1.94 | $2.42B | |
1.31 | $530.91M | |
5.60 | $498.11M | |
0 | $0 |
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