Nine Accumulated Other Comprehensive Income from 2010 to 2024

NINE Stock  USD 1.75  0.16  10.06%   
Nine Energy's Accumulated Other Comprehensive Income is decreasing over the years with slightly volatile fluctuation. Accumulated Other Comprehensive Income is expected to dwindle to about -5.1 M. Accumulated Other Comprehensive Income is gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized. View All Fundamentals
 
Accumulated Other Comprehensive Income  
First Reported
2016-12-31
Previous Quarter
-5 M
Current Value
-5 M
Quarterly Volatility
627 K
 
Covid
Check Nine Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nine Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 54.2 M, Interest Expense of 29.1 M or Selling General Administrative of 60.1 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0032 or Days Sales Outstanding of 66.33. Nine financial statements analysis is a perfect complement when working with Nine Energy Valuation or Volatility modules.
  
Check out the analysis of Nine Energy Correlation against competitors.

Latest Nine Energy's Accumulated Other Comprehensive Income Growth Pattern

Below is the plot of the Accumulated Other Comprehensive Income of Nine Energy Service over the last few years. It is gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized. Nine Energy's Accumulated Other Comprehensive Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nine Energy's overall financial position and show how it may be relating to other accounts over time.
Accumulated Other Comprehensive Income10 Years Trend
Slightly volatile
   Accumulated Other Comprehensive Income   
       Timeline  

Nine Accumulated Other Comprehensive Income Regression Statistics

Arithmetic Mean(4,165,397)
Coefficient Of Variation(13.78)
Mean Deviation530,290
Median(3,696,000)
Standard Deviation573,954
Sample Variance329.4B
Range1.6M
R-Value(0.87)
Mean Square Error88.2B
R-Squared0.75
Significance0.000029
Slope(111,249)
Total Sum of Squares4.6T

Nine Accumulated Other Comprehensive Income History

2024-5.1 M
2023-4.9 M
2022-4.8 M
2021-4.5 M
2020-4.5 M
2019-4.5 M
2018-4.8 M

About Nine Energy Financial Statements

Nine Energy stakeholders use historical fundamental indicators, such as Nine Energy's Accumulated Other Comprehensive Income, to determine how well the company is positioned to perform in the future. Although Nine Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nine Energy's assets and liabilities are reflected in the revenues and expenses on Nine Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nine Energy Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-4.9 M-5.1 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out the analysis of Nine Energy Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.