Discontinued — last reported Q4 '23
Business Segments · Total Assets
Completion Solutions — Total Assets
Nine Energy Service Completion Solutions — Total Assets decreased by 10.1% to $359.21M in Q4 2023 compared to the prior quarter.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ2 2017
Last reportedQ4 2023
Rolls up toTotal Assets
How to read this metric
An increase suggests capital expansion or investment in segment-specific equipment, while a decrease may indicate asset divestiture, depreciation, or a strategic reduction in segment capacity.
Detailed definition
This metric represents the total book value of all assets specifically allocated to the Completion Solutions business se...
Peer comparison
Comparable to segment-specific asset bases reported by other oilfield services companies, often analyzed alongside segment revenue to determine asset turnover ratios.
Metric ID:
nine_segment_completion_solutions_total_assetsHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $349.43M | $399.55M | $359.21M |
| QoQ Change | — | +14.3% | -10.1% |
| YoY Change | — | +14.3% | -10.1% |
Range$349.43M – $399.55M
Avg YoY Growth+2.1%
Median YoY Growth+2.1%
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Frequently Asked Questions
- What is Nine Energy Service's completion solutions — total assets?
- Nine Energy Service (NINE) reported completion solutions — total assets of $359.21M in Q4 2023.
- What does completion solutions — total assets mean?
- The total value of all assets dedicated to the company's completion services and tools business segment.