Drilling Historical Balance Sheet
| DTI Stock | 3.54 0.03 0.85% |
Trend analysis of Drilling Tools International balance sheet accounts such as Other Current Liabilities of 5.5 M or Total Current Liabilities of 26.2 M provides information on Drilling Tools' total assets, liabilities, and equity, which is the actual value of Drilling Tools Inter to its prevalent stockholders. By breaking down trends over time using Drilling Tools balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Drilling Tools Inter latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Drilling Tools Inter is a good buy for the upcoming year.
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About Drilling Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Drilling Tools Inter at a specified time, usually calculated after every quarter, six months, or one year. Drilling Tools Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Drilling Tools and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Drilling currently owns. An asset can also be divided into two categories, current and non-current.
Drilling Tools Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Drilling Tools assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Drilling Tools Inter books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Drilling Tools balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Drilling Tools International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Short Term Investments
Short Term Investments is an item under the current assets section of Drilling Tools balance sheet. It contains any investments Drilling Tools International undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Drilling Tools Inter can easily liquidate in the marketplace.Most accounts from Drilling Tools' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Drilling Tools Inter current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drilling Tools International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
| 2010 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 27.4M | 38.4M | 18.9M | 22.6M | Total Assets | 69.5M | 105.2M | 132.5M | 112.6M |
Drilling Tools balance sheet Correlations
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Drilling Tools Account Relationship Matchups
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Drilling Tools International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.