Nine Energy Service (NINE) Beginning Cash Balance (2016 - 2018)
Nine Energy Service (NINE) reported Beginning Cash Balance of $17.51 million for Q3 2018, up 329.9% from $4.07 million a year earlier and unchanged from the prior quarter.
Nine Energy Service (NINE) Beginning Cash Balance (2016 - 2018) Analysis & Trends
For FY2017, Nine Energy Service posted Beginning Cash Balance of $4.07 million, down 78.4% from FY2016.
- By year, Beginning Cash Balance came in at $18.88 million in FY2016 (-22.1%) and $24.24 million in FY2015.
- Five-year quarterly Beginning Cash Balance spans a low of $4.07 million in Q1 2017 and a high of $18.88 million in Q4 2016.
- Year over year, Beginning Cash Balance has now increased in each of the last three quarters, with growth averaging 227.8% over the last four quarters.
- Per Business Quant data, the three quarters before Q3 2018 came in at $17.51 million (Q2 2018), $17.51 million (Q1 2018) and $4.07 million (Q4 2017).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2018 | 17.51 Mn |
| Jun 30, 2018 | 17.51 Mn |
| Mar 31, 2018 | 17.51 Mn |
| Dec 31, 2017 | 4.07 Mn |
| Sep 30, 2017 | 4.07 Mn |
| Jun 30, 2017 | 4.07 Mn |
| Mar 31, 2017 | 4.07 Mn |
| Dec 31, 2016 | 18.88 Mn |
Nine Energy Service Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "NINE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();