Nine Income Quality vs Capex To Revenue Analysis

NINE Stock

USD 1.24 0.10 7.46%

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 Income Quality 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.

Income Quality vs Capex To Revenue

Income Quality 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 Income Quality 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 Income Quality and Capex To Revenue is -0.18. Overlapping area represents the amount of variation of Income Quality 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 Income Quality 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 Income Quality 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 Income Quality i.e., Nine Energy's Income Quality and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.18

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

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 Expenses	45.3M	51.7M	59.8M	47.5M
Cost Of Revenue	353.0M	497.3M	531.4M	535.8M

Total Operating Expenses Cost Of Revenue

Nine Energy fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets
Common Stock Shares Outstanding		-0.48	0.79	0.38	-0.03	-0.78	-0.8	-0.94	-0.92	0.49	0.82	-0.95	0.57	0.41	-0.74	-0.89	0.3	0.56	0.41	0.24	0.89	0.58	0.58	0.91	0.64	0.55
Total Assets	-0.48		0.06	0.32	0.04	0.9	0.38	0.41	0.33	-0.45	-0.1	0.57	0.23	0.4	0.93	0.37	-0.35	0.21	0.4	0.51	-0.19	0.11	0.15	-0.18	0.27	0.22
Short Long Term Debt Total	0.79	0.06		0.74	-0.02	-0.38	-0.76	-0.88	-0.89	0.09	0.95	-0.78	0.78	0.73	-0.28	-0.87	0.26	0.81	0.73	0.6	0.92	0.74	0.8	0.95	0.93	0.87
Other Current Liab	0.38	0.32	0.74		0.15	-0.04	-0.46	-0.5	-0.49	-0.54	0.77	-0.41	0.74	0.4	0.05	-0.59	0.03	0.59	0.4	0.78	0.64	0.63	0.58	0.66	0.85	0.57
Total Current Liabilities	-0.03	0.04	-0.02	0.15		0.03	-0.38	0.06	-0.12	-0.09	-0.01	-0.02	0.39	-0.03	-0.06	0.19	-0.05	-0.57	-0.03	0.48	0.22	0.64	-0.6	0.07	0.16	0.05
Total Stockholder Equity	-0.78	0.9	-0.38	-0.04	0.03		0.67	0.75	0.67	-0.42	-0.51	0.87	-0.14	0.09	0.98	0.7	-0.4	-0.15	0.09	0.18	-0.56	-0.22	-0.2	-0.56	-0.16	-0.15
Other Liab	-0.8	0.38	-0.76	-0.46	-0.38	0.67		0.87	0.94	-0.28	-0.79	0.88	-0.66	-0.41	0.66	0.76	-0.34	-0.31	-0.41	-0.44	-0.9	-0.8	-0.31	-0.85	-0.68	-0.7
Net Tangible Assets	-0.94	0.41	-0.88	-0.5	0.06	0.75	0.87		0.97	-0.32	-0.92	0.97	-0.6	-0.46	0.68	0.96	-0.44	-0.65	-0.46	-0.3	-0.92	-0.6	-0.67	-0.94	-0.72	-0.69
Property Plant And Equipment Net	-0.92	0.33	-0.89	-0.49	-0.12	0.67	0.94	0.97		-0.38	-0.89	0.94	-0.68	-0.55	0.64	0.89	-0.37	-0.57	-0.55	-0.41	-0.96	-0.74	-0.57	-0.96	-0.77	-0.77
Current Deferred Revenue	0.49	-0.45	0.09	-0.54	-0.09	-0.42	-0.28	-0.32	-0.38		0.0	-0.36	-0.07	0.27	-0.48	-0.15	0.09	0.02	0.27	-0.34	0.24	0.09	0.03	0.24	-0.09	0.14
Net Debt	0.82	-0.1	0.95	0.77	-0.01	-0.51	-0.79	-0.92	-0.89	0.0		-0.85	0.8	0.49	-0.42	-0.94	0.35	0.75	0.49	0.59	0.92	0.68	0.76	0.94	0.9	0.73
Retained Earnings	-0.95	0.57	-0.78	-0.41	-0.02	0.87	0.88	0.97	0.94	-0.36	-0.85		-0.53	-0.33	0.81	0.92	-0.4	-0.5	-0.33	-0.21	-0.88	-0.58	-0.52	-0.89	-0.61	-0.57
Accounts Payable	0.57	0.23	0.78	0.74	0.39	-0.14	-0.66	-0.6	-0.68	-0.07	0.8	-0.53		0.43	-0.1	-0.58	0.05	0.47	0.43	0.92	0.77	0.82	0.44	0.74	0.93	0.61
Cash	0.41	0.4	0.73	0.4	-0.03	0.09	-0.41	-0.46	-0.55	0.27	0.49	-0.33	0.43		0.14	-0.38	-0.06	0.62	1.0	0.39	0.59	0.6	0.59	0.61	0.65	0.88
Non Current Assets Total	-0.74	0.93	-0.28	0.05	-0.06	0.98	0.66	0.68	0.64	-0.48	-0.42	0.81	-0.1	0.14		0.63	-0.39	-0.02	0.14	0.23	-0.53	-0.22	-0.07	-0.51	-0.08	-0.09
Non Currrent Assets Other	-0.89	0.37	-0.87	-0.59	0.19	0.7	0.76	0.96	0.89	-0.15	-0.94	0.92	-0.58	-0.38	0.63		-0.41	-0.74	-0.38	-0.29	-0.87	-0.48	-0.76	-0.91	-0.72	-0.63
Other Assets	0.3	-0.35	0.26	0.03	-0.05	-0.4	-0.34	-0.44	-0.37	0.09	0.35	-0.4	0.05	-0.06	-0.39	-0.41		0.16	-0.06	-0.13	0.33	0.11	0.18	0.32	0.1	0.08
Long Term Debt	0.56	0.21	0.81	0.59	-0.57	-0.15	-0.31	-0.65	-0.57	0.02	0.75	-0.5	0.47	0.62	-0.02	-0.74	0.16		0.62	0.33	0.58	0.24	1.0	0.69	0.71	0.68
Cash And Short Term Investments	0.41	0.4	0.73	0.4	-0.03	0.09	-0.41	-0.46	-0.55	0.27	0.49	-0.33	0.43	1.0	0.14	-0.38	-0.06	0.62		0.39	0.59	0.6	0.59	0.61	0.65	0.88
Net Receivables	0.24	0.51	0.6	0.78	0.48	0.18	-0.44	-0.3	-0.41	-0.34	0.59	-0.21	0.92	0.39	0.23	-0.29	-0.13	0.33	0.39		0.54	0.75	0.28	0.5	0.84	0.51
Common Stock Total Equity	0.89	-0.19	0.92	0.64	0.22	-0.56	-0.9	-0.92	-0.96	0.24	0.92	-0.88	0.77	0.59	-0.53	-0.87	0.33	0.58	0.59	0.54		0.84	0.58	0.99	0.86	0.76
Long Term Debt Total	0.58	0.11	0.74	0.63	0.64	-0.22	-0.8	-0.6	-0.74	0.09	0.68	-0.58	0.82	0.6	-0.22	-0.48	0.11	0.24	0.6	0.75	0.84		0.21	0.76	0.8	0.69
Non Current Liabilities Total	0.58	0.15	0.8	0.58	-0.6	-0.2	-0.31	-0.67	-0.57	0.03	0.76	-0.52	0.44	0.59	-0.07	-0.76	0.18	1.0	0.59	0.28	0.58	0.21		0.69	0.69	0.64
Capital Surpluse	0.91	-0.18	0.95	0.66	0.07	-0.56	-0.85	-0.94	-0.96	0.24	0.94	-0.89	0.74	0.61	-0.51	-0.91	0.32	0.69	0.61	0.5	0.99	0.76	0.69		0.86	0.77
Inventory	0.64	0.27	0.93	0.85	0.16	-0.16	-0.68	-0.72	-0.77	-0.09	0.9	-0.61	0.93	0.65	-0.08	-0.72	0.1	0.71	0.65	0.84	0.86	0.8	0.69	0.86		0.8
Other Current Assets	0.55	0.22	0.87	0.57	0.05	-0.15	-0.7	-0.69	-0.77	0.14	0.73	-0.57	0.61	0.88	-0.09	-0.63	0.08	0.68	0.88	0.51	0.76	0.69	0.64	0.77	0.8

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Nine Energy Account Relationship Matchups

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

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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:

How To Invest In Nine

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Is Nine Stock a good investment?

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What is Nine Energy's Net Worth?

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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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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.

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Nine Income Quality vs Capex To Revenue Analysis

Income Quality vs Capex To Revenue

Income Quality vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Income Quality

Capex To Revenue

Nine Energy fundamental ratios Correlations

Nine Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nine Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt
Capital Surpluse	+ 0.99	Common Stock Total Equity
Non Current Assets Total	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.97	Net Tangible Assets
Retained Earnings	+ 0.97	Net Tangible Assets

Capital Surpluse	- 0.96	Property Plant And Equipment Net
Common Stock Total Equity	- 0.96	Property Plant And Equipment Net
Retained Earnings	- 0.95	Common Stock Shares Outstanding
Non Currrent Assets Other	- 0.94	Net Debt
Capital Surpluse	- 0.94	Net Tangible Assets
Net Tangible Assets	- 0.94	Common Stock Shares Outstanding