Drilling Total Assets from 2010 to 2024

DTI Stock   3.15  0.12  3.67%   
Drilling Tools' Total Assets are increasing with slightly volatile movements from year to year. Total Assets are predicted to flatten to about 112.6 M. Total Assets is 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. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
132.5 M
Current Value
112.6 M
Quarterly Volatility
20.3 M
 
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' Total Assets Growth Pattern

Below is the plot of the Total Assets of Drilling Tools International over the last few years. 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. It is 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. Drilling Tools' Total 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.
ViewLast Reported 132.5 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Drilling Total Assets Regression Statistics

Arithmetic Mean78,963,229
Geometric Mean77,035,541
Coefficient Of Variation25.69
Mean Deviation15,129,966
Median69,507,000
Standard Deviation20,289,021
Sample Variance411.6T
Range63M
R-Value0.68
Mean Square Error240.8T
R-Squared0.46
Significance0.01
Slope3,066,039
Total Sum of Squares5763T

Drilling Total Assets History

2024112.6 M
2023132.5 M
2022105.2 M

Other Fundumenentals of Drilling Tools Inter

Drilling Tools Total Assets component correlations

0.960.87-0.570.98-0.750.980.04-0.410.96-0.990.99-0.870.97-0.94-0.99-0.87
0.960.9-0.750.92-0.590.88-0.11-0.591.0-0.90.93-0.90.93-0.93-0.91-0.9
0.870.9-0.820.92-0.760.81-0.45-0.760.92-0.820.84-1.00.94-0.98-0.86-1.0
-0.57-0.75-0.82-0.570.27-0.40.690.97-0.770.44-0.490.84-0.620.730.490.84
0.980.920.92-0.57-0.850.98-0.06-0.450.93-0.980.98-0.911.0-0.97-0.99-0.91
-0.75-0.59-0.760.27-0.85-0.830.10.25-0.610.81-0.780.74-0.850.820.830.74
0.980.880.81-0.40.98-0.830.16-0.250.88-1.00.99-0.80.95-0.9-1.0-0.8
0.04-0.11-0.450.69-0.060.10.160.85-0.16-0.140.120.45-0.140.28-0.070.45
-0.41-0.59-0.760.97-0.450.25-0.250.85-0.620.28-0.320.78-0.510.640.340.78
0.961.00.92-0.770.93-0.610.88-0.16-0.62-0.890.92-0.930.93-0.95-0.91-0.93
-0.99-0.9-0.820.44-0.980.81-1.0-0.140.28-0.89-1.00.81-0.960.911.00.81
0.990.930.84-0.490.98-0.780.990.12-0.320.92-1.0-0.830.96-0.92-1.0-0.83
-0.87-0.9-1.00.84-0.910.74-0.80.450.78-0.930.81-0.83-0.940.980.851.0
0.970.930.94-0.621.0-0.850.95-0.14-0.510.93-0.960.96-0.94-0.99-0.98-0.94
-0.94-0.93-0.980.73-0.970.82-0.90.280.64-0.950.91-0.920.98-0.990.940.98
-0.99-0.91-0.860.49-0.990.83-1.0-0.070.34-0.911.0-1.00.85-0.980.940.85
-0.87-0.9-1.00.84-0.910.74-0.80.450.78-0.930.81-0.831.0-0.940.980.85
Click cells to compare fundamentals

About Drilling Tools Financial Statements

Investors use fundamental indicators, such as Drilling Tools' Total 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
Total Assets132.5 M112.6 M

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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.