Nine Energy Service (NINE) Non-Current Deferred Tax Liability (2016 - 2019)
Nine Energy Service's Non-Current Deferred Tax Liability came in at $1.59 million for Q4 2019, down 73.2% from $5.92 million a year earlier and down 47.7% from the prior quarter.
Nine Energy Service (NINE) Non-Current Deferred Tax Liability (2016 - 2019) Analysis & Trends
Going back to Q4 2016, Nine Energy Service's Non-Current Deferred Tax Liability data covers 10 quarters.
- Non-Current Deferred Tax Liability carries a three-year compound annual growth rate of -47.0% (FY2016 to FY2019).
- Going back by year, Non-Current Deferred Tax Liability was $5.92 million in FY2018 (+17.9%), $5.02 million in FY2017 (-52.8%) and $10.64 million in FY2016.
- The Q4 2019 figure represents the lowest quarterly Non-Current Deferred Tax Liability in data going back to Q4 2016.
- Year-over-year, Non-Current Deferred Tax Liability has declined for three consecutive quarters, with an average decline of 28.3% over the last five quarters.
- Business Quant data shows NINE's Non-Current Deferred Tax Liability at $3.04 million (Q3 2019), $2.9 million (Q2 2019) and $5.44 million (Q1 2019) in the three quarters before Q4 2019.
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 |
|---|---|
| Dec 31, 2019 | 1.59 Mn |
| Sep 30, 2019 | 3.04 Mn |
| Jun 30, 2019 | 2.90 Mn |
| Mar 31, 2019 | 5.44 Mn |
| Dec 31, 2018 | 5.92 Mn |
| Sep 30, 2018 | 5.98 Mn |
| Jun 30, 2018 | 5.39 Mn |
| Mar 31, 2018 | 4.97 Mn |
| Dec 31, 2017 | 5.02 Mn |
| Dec 31, 2016 | 10.64 Mn |
Nine Energy Service Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();