Nine Total Revenue vs Interest Expense Analysis
NINE Stock | USD 1.45 0.19 15.08% |
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 Total Revenue and its Interest Expense 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.
Total Revenue vs Interest Expense
Total Revenue vs Interest Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nine Energy Service Total Revenue account and Interest Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Nine Energy's Total Revenue and Interest Expense is -0.1. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Interest Expense 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 Total Revenue and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Nine Energy Service are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Total Revenue i.e., Nine Energy's Total Revenue and Interest Expense go up and down completely randomly.
Correlation Coefficient | -0.1 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.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 Expenses | 45.3M | 51.7M | 60.5M | 47.6M | Cost Of Revenue | 353.0M | 497.3M | 531.4M | 535.8M |
Nine Energy fundamental ratios Correlations
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Nine Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nine Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 29.3M | 29.7M | 30.3M | 32.3M | 33.3M | 29.6M | |
Total Assets | 850.9M | 442.6M | 381.6M | 426.8M | 402.0M | 485.2M | |
Short Long Term Debt Total | 395.3M | 384.3M | 372.1M | 377.8M | 366.3M | 373.9M | |
Other Current Liab | 391K | 17.1M | 11.4M | 20.3M | 25.8M | 17.0M | |
Total Current Liabilities | 61.2M | 43.4M | 56.5M | 81.0M | 82.8M | 72.1M | |
Total Stockholder Equity | 389.9M | 20.4M | (39.3M) | (23.5M) | (35.6M) | (33.8M) | |
Other Liab | 5.5M | 2.7M | 1.6M | 1.9M | 1.7M | 1.7M | |
Net Tangible Assets | (55.3M) | (112.1M) | (155.7M) | (125.5M) | (112.9M) | (107.3M) | |
Property Plant And Equipment Net | 128.6M | 140.6M | 123.5M | 126.6M | 124.5M | 152.3M | |
Current Deferred Revenue | 13.5M | 1.2M | 24.3M | 14.9M | 17.1M | 14.2M | |
Net Debt | 302.3M | 315.4M | 350.6M | 360.4M | 335.5M | 332.9M | |
Retained Earnings | (364.8M) | (743.8M) | (808.4M) | (794.0M) | (826.2M) | (784.9M) | |
Accounts Payable | 35.5M | 18.1M | 28.7M | 42.2M | 33.4M | 33.1M | |
Cash | 93.0M | 68.9M | 21.5M | 17.4M | 30.8M | 41.0M | |
Non Current Assets Total | 582.0M | 276.4M | 242.3M | 230.1M | 218.4M | 340.9M | |
Non Currrent Assets Other | 8.2M | 3.3M | 2.4M | 1.6M | 3.4M | 5.7M | |
Other Assets | 8.2M | 41.5M | 381.6M | 1.6M | 1.0 | 0.95 | |
Long Term Debt | 392.1M | 342.7M | 332.3M | 338.0M | 320.5M | 319.7M | |
Cash And Short Term Investments | 93.0M | 68.9M | 21.5M | 17.4M | 30.8M | 41.0M | |
Net Receivables | 97.5M | 42.6M | 65.4M | 106.0M | 88.9M | 95.7M | |
Common Stock Total Equity | 306K | 316K | 328K | 332K | 381.8K | 243.9K | |
Long Term Debt Total | 394.3M | 342.7M | 332.3M | 338.0M | 388.7M | 361.4M | |
Liabilities And Stockholders Equity | 850.9M | 442.6M | 381.6M | 426.8M | 402.0M | 485.2M | |
Non Current Liabilities Total | 399.8M | 378.8M | 364.4M | 369.3M | 354.9M | 343.7M | |
Capital Surpluse | 758.9M | 768.4M | 773.4M | 775.0M | 891.3M | 665.1M | |
Inventory | 60.9M | 38.4M | 42.2M | 62.0M | 54.5M | 49.0M | |
Other Current Assets | 17.4M | 16.3M | 10.2M | 11.2M | 9.4M | 12.7M | |
Other Stockholder Equity | 758.9M | 768.4M | 773.4M | 775.0M | 795.1M | 688.4M | |
Total Liab | 461.0M | 422.2M | 420.9M | 450.3M | 437.6M | 442.9M | |
Property Plant And Equipment Gross | 128.6M | 140.6M | 123.5M | 126.6M | 413.3M | 433.9M | |
Total Current Assets | 268.9M | 166.2M | 139.3M | 196.7M | 183.6M | 198.4M | |
Accumulated Other Comprehensive Income | (4.5M) | (4.5M) | (4.5M) | (4.8M) | (4.9M) | (5.1M) | |
Short Term Debt | 995K | 8.1M | 16.4M | 18.5M | 23.5M | 30.1M | |
Intangible Assets | 149.0M | 132.5M | 116.4M | 101.9M | 90.4M | 134.1M | |
Common Stock | 306K | 316K | 328K | 332K | 353K | 260.0K | |
Property Plant Equipment | 128.6M | 102.4M | 123.5M | 89.7M | 80.7M | 151.4M |
Also Currently Popular
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.