Nine Energy Service (FRA:NEJ) Other Current Assets: €21.4 Mil (As of Mar. 2026)

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FRA:NEJ Nine Energy Service Inc FRA:NEJ
37 GF Score
Price €0.45
GF Value €46.16
! 5 Warning Signs
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What is Nine Energy Service Other Current Assets?

Nine Energy Service FRA:NEJ 37 Other Current Assets is €21.4 Mil as of Mar. 2026. GuruFocus rates FRA:NEJ with a GF Score™ of 37/100 and a GF Value™ of €46.16. The stock has 5 warning signs investors should review.

Nine Energy Service's other current assets for the quarter that ended in Mar. 2026 was €21.4 Mil.

Nine Energy Service's quarterly other current assets increased from Sep. 2025 (€8.7 Mil) to Dec. 2025 (€15.2 Mil) and increased from Dec. 2025 (€15.2 Mil) to Mar. 2026 (€21.4Mil).

Nine Energy Service's annual other current assets increased from Dec. 2023 (€8.6 Mil) to Dec. 2024 (€9.9 Mil) increased from Dec. 2024 (€9.9 Mil) to Dec. 2025 (€15.2 Mil).


Nine Energy Service Other Current Assets Related Terms


Nine Energy Service Other Current Assets Historical Data

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The historical data trend for Nine Energy Service's Other Current Assets 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 Energy Service Other Current Assets Chart

Nine Energy Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 10.59 8.59 9.90 15.25

Nine Energy Service Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.01 11.54 8.74 15.25 21.44
FRA:NEJ
37GF Score
Nine Energy Service Inc FRA:NEJ
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nine Energy Service Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of €21.4 Mil mean?
Nine Energy Service (FRA:NEJ) has a Other Current Assets of €21.4 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Nine Energy Service.
Is Nine Energy Service's Other Current Assets too high?
Nine Energy Service's current Other Current Assets is €21.4 Mil. Overall, Nine Energy Service has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Nine Energy Service's Other Current Assets compare to OMSE and DWSN?
Nine Energy Service's Other Current Assets of €21.4 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for an Oil & Gas company?
A good Other Current Assets depends on the Oil & Gas industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Nine Energy Service. Nine Energy Service's current Other Current Assets is €21.4 Mil. 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 (FRA:NEJ) has a current Other Current Assets of €21.4 Mil. The stock's GF Value™ is €46.16, compared to a current price of €0.45 — trading 99% below its estimated fair value. The current Other Current Assets is €21.4 Mil. Nine Energy Service's overall GF Score™ is 37/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Nine Energy Service (FRA:NEJ), the current Other Current Assets is €21.4 Mil as of Mar. 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.

Is Nine Energy Service (FRA:NEJ) Overvalued in 2026?

Based on GuruFocus' analysis, Nine Energy Service stock appears to be undervalued. The current stock price of €0.45 is trading 99% below its estimated GF Value™ of €46.16.

Key valuation signals for FRA:NEJ:

  • Other Current Assets: €21.4 Mil
  • GF Value™: €46.16 vs. price of €0.45 (99% below fair value)
  • GF Score™: 37/100 with 5 warning signs

No single metric tells the full story. See the FRA:NEJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nine Energy Service Business Description

Industry EnergyOil & Gas
Other Exchanges NINE:USA
Address 2001 Kirby Drive, Suite 200, Houston, TX, USA, 77019
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.
37GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.45
Price
€46.16
GF Value