Nine Historical Income Statement
| NINE Stock | USD 1.26 0.08 6.78% |
Historical analysis of Nine Energy income statement accounts such as Total Revenue of 439.3 M can show how well Nine Energy Service performed in making a profits. Evaluating Nine Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nine Energy's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nine Energy Service latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nine Energy Service is a good buy for the upcoming year.
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About Nine Income Statement Analysis
Nine Energy Service Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nine Energy shareholders. The income statement also shows Nine investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Nine Energy Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Nine Energy Service generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nine Energy Service. It is also known as Nine Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Nine Energy Service income statement and represents the costs associated with goods and services Nine Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Nine Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nine Energy Service current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Energy Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Nine Energy's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 601.2 M, whereas Total Revenue is forecasted to decline to about 439.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 45.3M | 51.7M | 60.5M | 47.6M | Cost Of Revenue | 353.0M | 497.3M | 531.4M | 535.8M |
Nine Energy income statement Correlations
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Nine Energy income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 68.9M | 57.8M | 53.0M | 48.9M | 53.2M | 54.2M | |
| Interest Expense | 39.8M | 36.8M | 32.5M | 32.5M | 51.1M | 29.1M | |
| Selling General Administrative | 81.3M | 49.3M | 45.3M | 51.7M | 59.8M | 60.1M | |
| Total Revenue | 832.9M | 310.9M | 349.4M | 593.4M | 609.5M | 439.3M | |
| Gross Profit | 94.0M | (40.2M) | (3.6M) | 96.0M | 78.1M | 49.6M | |
| Other Operating Expenses | 820.2M | 400.4M | 398.3M | 549.0M | 592.0M | 601.2M | |
| Operating Income | 13.6M | (383.2M) | (48.6M) | 43.6M | 17.6M | 18.5M | |
| Net Income From Continuing Ops | (217.8M) | (378.9M) | (64.6M) | 14.4M | (13.9M) | (14.6M) | |
| Ebit | 13.6M | (344.6M) | (32.1M) | 47.4M | 19.5M | 20.5M | |
| Ebitda | 82.5M | (286.9M) | 21.0M | 96.3M | 72.7M | 76.3M | |
| Cost Of Revenue | 738.9M | 351.1M | 353.0M | 497.3M | 531.4M | 535.8M | |
| Total Operating Expenses | 81.3M | 49.3M | 45.3M | 51.7M | 60.5M | 47.6M | |
| Income Before Tax | (221.6M) | (381.4M) | (64.6M) | 14.9M | (31.6M) | (33.2M) | |
| Total Other Income Expense Net | (235.2M) | 1.8M | (14.6M) | (28.6M) | (49.2M) | (51.7M) | |
| Net Income Applicable To Common Shares | (217.8M) | (378.9M) | (64.6M) | 14.4M | 13.0M | 13.6M | |
| Net Income | (217.8M) | (378.9M) | (64.6M) | 14.4M | (32.2M) | (33.8M) | |
| Income Tax Expense | (3.9M) | (2.5M) | (25K) | 546K | 585K | 614.3K | |
| Tax Provision | (3.9M) | (2.5M) | (25K) | 546K | 881K | 925.1K | |
| Interest Income | 860K | 615K | 26K | 305K | 1.1M | 1.0M | |
| Net Interest Income | (38.9M) | (36.1M) | (32.5M) | (32.2M) | (45.4M) | (47.6M) | |
| Reconciled Depreciation | 68.9M | 57.8M | 53.0M | 48.9M | 52.4M | 46.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nine Energy Service is a strong investment it is important to analyze Nine Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nine Energy's future performance. For an informed investment choice regarding Nine Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Energy Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nine Energy. If investors know Nine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.20) | Revenue Per Share 15.637 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0141 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.