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Nine Energy ServiceNINE +4.70%23 Equity-to-Asset is 0.41 as of Jun. 2026. GuruFocus rates NINE with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 1,027 Oil & Gas companies, Nine Energy Service ranks worse than 60.47% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nine Energy Service's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $129.6 Mil. Nine Energy Service's Total Assets for the quarter that ended in Jun. 2026 was $317.7 Mil.
Therefore, Nine Energy Service's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.41.
The historical rank and industry rank for Nine Energy Service's Equity-to-Asset or its related term are showing as below:
NINE'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.34 Med: 0 Max: 0.72
Current: 0.41
During the past 11 years, the highest Equity to Asset Ratio of Nine Energy Service was 0.72. The lowest was -0.34. And the median was 0.00.
NINE's Equity-to-Asset is ranked worse than 60.47% of 1027
companies
in the Oil & Gas industry
Industry Median: 0.5
vs NINE: 0.41
Nine Energy Service (AMEX:NINE) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Nine Energy Service Equity-to-Asset Related Terms
Nine Energy Service Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Nine Energy Service's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NINE vs NCSM, DWSN, OMSE: Equity-to-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, Nine Energy Service's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nine Energy Service Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nine Energy Service's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nine Energy Service's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Nine Energy Service's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nine Energy Service (NINE) has a Equity-to-Asset of 0.41 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nine Energy Service and its competitors. According to the industry distribution chart, Nine Energy Service ranks #621 out of 1027 companies in the Oil & Gas industry, placing it in the top 60.5%.
Is Nine Energy Service's Equity-to-Asset too high?
Nine Energy Service's current Equity-to-Asset is 0.41. The Oil & Gas industry median Equity-to-Asset is 0.50. Nine Energy Service's value of 0.41 is 18% below this industry median. Based on the distribution chart, Nine Energy Service ranks #621 out of 1027 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Nine Energy Service has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Nine Energy Service's Equity-to-Asset compare to NCSM and DWSN?
According to the Oil & Gas industry distribution chart, Nine Energy Service ranks #621 out of 1027 companies for Equity-to-Asset. This places Nine Energy Service in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Nine Energy Service's value of 0.41 is 18% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nine Energy Service's current Equity-to-Asset of 0.41 is 18% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nine Energy Service and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Energy Service's current Equity-to-Asset is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Energy Service stock overvalued right now?
Nine Energy Service (NINE) has a current Equity-to-Asset of 0.41. The current Equity-to-Asset is 0.41 and 18% below the Oil & Gas industry median of 0.50. Nine Energy Service's overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Nine Energy Service (NINE), the current Equity-to-Asset is 0.41 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. The Company operates as one reportable segment, known as Completions Solutions. The Completions Solutions segment provides services and products integral to the completion of unconventional wells through a full range of tools and methodologies. These services and products are similar in purpose and end use by focusing on preparing and enabling a well to produce oil and gas and must be completed in order for a well to begin producing hydrocarbons. It operates in the U.S, Canada, and other countries where the majority of the revenue is generated from the United States.
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