Nine Payout Ratio vs Capex To Revenue Analysis

NINE Stock  USD 1.50  0.05  3.45%   
Nine Energy financial indicator trend analysis is infinitely more than just investigating Nine Energy Service recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nine Energy Service is a good investment. Please check the relationship between Nine Energy Payout Ratio and its Capex To Revenue accounts. 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.

Payout Ratio vs Capex To Revenue

Payout Ratio vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nine Energy Service Payout Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nine Energy's Payout Ratio and Capex To Revenue is -0.2. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Nine Energy Service, assuming nothing else is changed. The correlation between historical values of Nine Energy's Payout Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Nine Energy Service are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Payout Ratio i.e., Nine Energy's Payout Ratio and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of Nine Energy Service earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Nine Energy Service dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Nine Energy Service is paying out more in dividends than it makes in net income.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Nine Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 293.7 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.09.
 2021 2022 2023 2024 (projected)
Total Operating Expenses45.3M51.7M60.5M47.6M
Cost Of Revenue353.0M497.3M531.4M535.8M

Nine Energy fundamental ratios Correlations

-0.480.790.38-0.03-0.78-0.8-0.94-0.920.490.82-0.950.570.41-0.74-0.890.30.560.410.240.890.580.580.910.640.55
-0.480.060.320.040.90.380.410.33-0.45-0.10.570.230.40.930.37-0.350.210.40.51-0.190.110.15-0.180.270.22
0.790.060.74-0.02-0.38-0.76-0.88-0.890.090.95-0.780.780.73-0.28-0.870.260.810.730.60.920.740.80.950.930.87
0.380.320.740.15-0.04-0.46-0.5-0.49-0.540.77-0.410.740.40.05-0.590.030.590.40.780.640.630.580.660.850.57
-0.030.04-0.020.150.03-0.380.06-0.12-0.09-0.01-0.020.39-0.03-0.060.19-0.05-0.57-0.030.480.220.64-0.60.070.160.05
-0.780.9-0.38-0.040.030.670.750.67-0.42-0.510.87-0.140.090.980.7-0.4-0.150.090.18-0.56-0.22-0.2-0.56-0.16-0.15
-0.80.38-0.76-0.46-0.380.670.870.94-0.28-0.790.88-0.66-0.410.660.76-0.34-0.31-0.41-0.44-0.9-0.8-0.31-0.85-0.68-0.7
-0.940.41-0.88-0.50.060.750.870.97-0.32-0.920.97-0.6-0.460.680.96-0.44-0.65-0.46-0.3-0.92-0.6-0.67-0.94-0.72-0.69
-0.920.33-0.89-0.49-0.120.670.940.97-0.38-0.890.94-0.68-0.550.640.89-0.37-0.57-0.55-0.41-0.96-0.74-0.57-0.96-0.77-0.77
0.49-0.450.09-0.54-0.09-0.42-0.28-0.32-0.380.0-0.36-0.070.27-0.48-0.150.090.020.27-0.340.240.090.030.24-0.090.14
0.82-0.10.950.77-0.01-0.51-0.79-0.92-0.890.0-0.850.80.49-0.42-0.940.350.750.490.590.920.680.760.940.90.73
-0.950.57-0.78-0.41-0.020.870.880.970.94-0.36-0.85-0.53-0.330.810.92-0.4-0.5-0.33-0.21-0.88-0.58-0.52-0.89-0.61-0.57
0.570.230.780.740.39-0.14-0.66-0.6-0.68-0.070.8-0.530.43-0.1-0.580.050.470.430.920.770.820.440.740.930.61
0.410.40.730.4-0.030.09-0.41-0.46-0.550.270.49-0.330.430.14-0.38-0.060.621.00.390.590.60.590.610.650.88
-0.740.93-0.280.05-0.060.980.660.680.64-0.48-0.420.81-0.10.140.63-0.39-0.020.140.23-0.53-0.22-0.07-0.51-0.08-0.09
-0.890.37-0.87-0.590.190.70.760.960.89-0.15-0.940.92-0.58-0.380.63-0.41-0.74-0.38-0.29-0.87-0.48-0.76-0.91-0.72-0.63
0.3-0.350.260.03-0.05-0.4-0.34-0.44-0.370.090.35-0.40.05-0.06-0.39-0.410.16-0.06-0.130.330.110.180.320.10.08
0.560.210.810.59-0.57-0.15-0.31-0.65-0.570.020.75-0.50.470.62-0.02-0.740.160.620.330.580.241.00.690.710.68
0.410.40.730.4-0.030.09-0.41-0.46-0.550.270.49-0.330.431.00.14-0.38-0.060.620.390.590.60.590.610.650.88
0.240.510.60.780.480.18-0.44-0.3-0.41-0.340.59-0.210.920.390.23-0.29-0.130.330.390.540.750.280.50.840.51
0.89-0.190.920.640.22-0.56-0.9-0.92-0.960.240.92-0.880.770.59-0.53-0.870.330.580.590.540.840.580.990.860.76
0.580.110.740.630.64-0.22-0.8-0.6-0.740.090.68-0.580.820.6-0.22-0.480.110.240.60.750.840.210.760.80.69
0.580.150.80.58-0.6-0.2-0.31-0.67-0.570.030.76-0.520.440.59-0.07-0.760.181.00.590.280.580.210.690.690.64
0.91-0.180.950.660.07-0.56-0.85-0.94-0.960.240.94-0.890.740.61-0.51-0.910.320.690.610.50.990.760.690.860.77
0.640.270.930.850.16-0.16-0.68-0.72-0.77-0.090.9-0.610.930.65-0.08-0.720.10.710.650.840.860.80.690.860.8
0.550.220.870.570.05-0.15-0.7-0.69-0.770.140.73-0.570.610.88-0.09-0.630.080.680.880.510.760.690.640.770.8
Click cells to compare fundamentals

Nine Energy Account Relationship Matchups

Nine Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding29.3M29.7M30.3M32.3M33.3M29.6M
Total Assets850.9M442.6M381.6M426.8M402.0M485.2M
Short Long Term Debt Total395.3M384.3M372.1M377.8M366.3M373.9M
Other Current Liab391K17.1M11.4M20.3M25.8M17.0M
Total Current Liabilities61.2M43.4M56.5M81.0M82.8M72.1M
Total Stockholder Equity389.9M20.4M(39.3M)(23.5M)(35.6M)(33.8M)
Other Liab5.5M2.7M1.6M1.9M1.7M1.7M
Net Tangible Assets(55.3M)(112.1M)(155.7M)(125.5M)(112.9M)(107.3M)
Property Plant And Equipment Net128.6M140.6M123.5M126.6M124.5M152.3M
Current Deferred Revenue13.5M1.2M24.3M14.9M17.1M14.2M
Net Debt302.3M315.4M350.6M360.4M335.5M332.9M
Retained Earnings(364.8M)(743.8M)(808.4M)(794.0M)(826.2M)(784.9M)
Accounts Payable35.5M18.1M28.7M42.2M33.4M33.1M
Cash93.0M68.9M21.5M17.4M30.8M41.0M
Non Current Assets Total582.0M276.4M242.3M230.1M218.4M340.9M
Non Currrent Assets Other8.2M3.3M2.4M1.6M3.4M5.7M
Other Assets8.2M41.5M381.6M1.6M1.00.95
Long Term Debt392.1M342.7M332.3M338.0M320.5M319.7M
Cash And Short Term Investments93.0M68.9M21.5M17.4M30.8M41.0M
Net Receivables97.5M42.6M65.4M106.0M88.9M95.7M
Common Stock Total Equity306K316K328K332K381.8K243.9K
Long Term Debt Total394.3M342.7M332.3M338.0M388.7M361.4M
Liabilities And Stockholders Equity850.9M442.6M381.6M426.8M402.0M485.2M
Non Current Liabilities Total399.8M378.8M364.4M369.3M354.9M343.7M
Capital Surpluse758.9M768.4M773.4M775.0M891.3M665.1M
Inventory60.9M38.4M42.2M62.0M54.5M49.0M
Other Current Assets17.4M16.3M10.2M11.2M9.4M12.7M
Other Stockholder Equity758.9M768.4M773.4M775.0M795.1M688.4M
Total Liab461.0M422.2M420.9M450.3M437.6M442.9M
Property Plant And Equipment Gross128.6M140.6M123.5M126.6M413.3M433.9M
Total Current Assets268.9M166.2M139.3M196.7M183.6M198.4M
Accumulated Other Comprehensive Income(4.5M)(4.5M)(4.5M)(4.8M)(4.9M)(5.1M)
Short Term Debt995K8.1M16.4M18.5M23.5M30.1M
Intangible Assets149.0M132.5M116.4M101.9M90.4M134.1M
Common Stock306K316K328K332K353K260.0K
Property Plant Equipment128.6M102.4M123.5M89.7M80.7M151.4M

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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.