Current Assets

Cash & Equivalents

Nine Energy Service Cash & Equivalents increased by 43.3% to $28.44M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 64.6%, from $17.28M to $28.44M. Over 4 years (FY 2021 to FY 2025), Cash & Equivalents shows relatively stable performance with a -2.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ1 2026

How to read this metric

Higher levels indicate strong liquidity and financial flexibility; lower levels may signal potential cash flow issues.

Detailed definition

This represents the most liquid assets held by the company, including cash on hand, demand deposits, and short-term inve...

Peer comparison

A universal metric for assessing a company's immediate financial health.

Metric ID: cash_and_equivalents

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$21.51M$19.94M$22.41M$17.45M$21.37M$41.12M$12.16M$30.84M$10.24M$26.03M$15.65M$27.88M$17.28M$17.76M$16.48M$19.84M$28.44M
QoQ Change-7.3%+12.4%-22.1%+22.5%+92.4%-70.4%+153.6%-66.8%+154.2%-39.9%+78.1%-38.0%+2.8%-7.2%+20.4%+43.3%
YoY Change-18.9%+7.2%+83.5%+76.8%-52.1%-36.7%+28.7%-9.6%+68.8%-31.8%+5.3%-28.8%+64.6%
Range$10.24M$41.12M
CAGR+7.2%
Avg YoY Growth+12.1%
Median YoY Growth+5.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Nine Energy Service's cash & equivalents?
Nine Energy Service (NINE) reported cash & equivalents of $28.44M in Q1 2026.
How has Nine Energy Service's cash & equivalents changed year-over-year?
Nine Energy Service's cash & equivalents increased by 64.6% year-over-year, from $17.28M to $28.44M.
What is the long-term trend for Nine Energy Service's cash & equivalents?
Over 4 years (2021 to 2025), Nine Energy Service's cash & equivalents has grown at a -2.0% compound annual growth rate (CAGR), from $21.51M to $19.84M.
What does cash & equivalents mean?
Cash and highly liquid assets that can be converted to cash within 90 days.