What is the equity of Nine Energy Service this year?
Nine Energy Service has equity of -35.63 M USD this year.
In 2024, Nine Energy Service's equity was -35.63 M USD, a 51.62% increase from the -23.5 M USD equity in the previous year.
Nine Energy Service's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Nine Energy Service's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Nine Energy Service's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Nine Energy Service's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Fluctuations in Nine Energy Service’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Nine Energy Service has equity of -35.63 M USD this year.
The equity of Nine Energy Service has increased/decreased by 51.62% increased compared to the previous year.
A high equity is advantageous for investors of Nine Energy Service as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Nine Energy Service, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Nine Energy Service can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Nine Energy Service can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Nine Energy Service include profits, dividend payments, capital increases, and acquisitions.
The equity of Nine Energy Service is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
To change equity, Nine Energy Service can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
Over the past 12 months, Nine Energy Service paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Nine Energy Service is expected to pay a dividend of 0 USD.
The current dividend yield of Nine Energy Service is .
Nine Energy Service pays a quarterly dividend. This is distributed in the months of .
Nine Energy Service paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
Nine Energy Service is assigned to the 'Energy' sector.
To receive the latest dividend of Nine Energy Service from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
The last dividend was paid out on 9/13/2024.
In the year 2023, Nine Energy Service distributed 0 USD as dividends.
The dividends of Nine Energy Service are distributed in USD.
Our stock analysis for Nine Energy Service Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nine Energy Service Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.