Nine Energy Service, Inc. (NINE) financial statements (2020 and earlier)

Company profile

Business Address 2001 KIRBY DRIVE
HOUSTON, TX 77019
State of Incorp. DE
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9364
Cash and cash equivalents9364
Receivables98155
Inventory, net of allowances, customer advances and progress billings6191
Inventory6191
Other undisclosed current assets1723
Total current assets:269333
Noncurrent Assets
Property, plant and equipment129212
Intangible assets, net (including goodwill)445590
Goodwill296308
Intangible assets, net (excluding goodwill)149282
Other noncurrent assets86
Total noncurrent assets:582808
TOTAL ASSETS:8511,141
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities60108
Accounts payable3546
Accrued liabilities2561
Taxes payable 0
Debt 1
Other undisclosed current liabilities1 
Total current liabilities:61108
Noncurrent Liabilities
Long-term debt and lease obligation394425
Long-term debt, excluding current maturities392425
Operating lease, liability2
Liabilities, other than long-term debt411
Deferred tax liabilities, net6
Other liabilities45
Other undisclosed noncurrent liabilities22
Total noncurrent liabilities:400438
Total liabilities:461546
Stockholders' equity
Stockholders' equity attributable to parent390595
Common stock00
Additional paid in capital759746
Accumulated other comprehensive loss(4)(5)
Accumulated deficit(365)(147)
Total stockholders' equity:390595
TOTAL LIABILITIES AND EQUITY:8511,141

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
Revenues833827
Cost of revenue(670)(639)
Gross profit:163188
Operating expenses(316)(162)
Other undisclosed operating loss(29)(55)
Operating loss:(183)(28)
Nonoperating income (expense)1(22)
Investment income, nonoperating1 
Interest and debt expense(39)(31)
Loss from continuing operations before equity method investments, income taxes:(221)(82)
Other undisclosed income (loss) from continuing operations before income taxes(1)31
Loss from continuing operations before income taxes:(222)(51)
Income tax expense (benefit)4(2)
Net loss available to common stockholders, diluted:(218)(53)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net loss:(218)(53)
Comprehensive loss:(218)(53)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(1)
Comprehensive loss, net of tax, attributable to parent:(217)(54)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: