Drilling Intangible Assets from 2010 to 2024

DTI Stock   3.57  0.05  1.42%   
Drilling Tools' Intangible Assets are decreasing with slightly volatile movements from year to year. Intangible Assets are estimated to finish at about 234.9 K this year. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2010-12-31
Previous Quarter
216 K
Current Value
234.9 K
Quarterly Volatility
68.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Drilling Tools financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Drilling Tools' main balance sheet or income statement drivers, such as Tax Provision of 3.1 M, Depreciation And Amortization of 16.5 M or Interest Expense of 749.1 K, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.0 or PTB Ratio of 0.73. Drilling financial statements analysis is a perfect complement when working with Drilling Tools Valuation or Volatility modules.
  
Check out the analysis of Drilling Tools Correlation against competitors.

Latest Drilling Tools' Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Drilling Tools International over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Drilling Tools' Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Drilling Tools' overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Drilling Intangible Assets Regression Statistics

Arithmetic Mean369,196
Geometric Mean361,747
Coefficient Of Variation18.55
Mean Deviation52,487
Median402,000
Standard Deviation68,497
Sample Variance4.7B
Range186K
R-Value(0.69)
Mean Square Error2.6B
R-Squared0.48
Significance0
Slope(10,645)
Total Sum of Squares65.7B

Drilling Intangible Assets History

2024234.9 K
2023216 K
2022263 K

About Drilling Tools Financial Statements

Investors use fundamental indicators, such as Drilling Tools' Intangible Assets, to determine how well the company is positioned to perform in the future. Although Drilling Tools' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Intangible Assets216 K234.9 K

Currently Active Assets on Macroaxis

When determining whether Drilling Tools Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Drilling Tools' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Drilling Tools International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Drilling Tools International Stock:
Check out the analysis of Drilling Tools Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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 Drilling Tools. If investors know Drilling 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 Drilling Tools listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
0.24
Revenue Per Share
4.889
Quarterly Revenue Growth
0.051
Return On Assets
0.0576
The market value of Drilling Tools Inter is measured differently than its book value, which is the value of Drilling that is recorded on the company's balance sheet. Investors also form their own opinion of Drilling Tools' value that differs from its market value or its book value, called intrinsic value, which is Drilling Tools' 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 Drilling Tools' market value can be influenced by many factors that don't directly affect Drilling Tools' 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 Drilling Tools' value and its price as these two are different measures arrived at by different means. Investors typically determine if Drilling Tools is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Drilling Tools' 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.