DTI
Price:
$2.65
Market Cap:
$93.83M
Drilling Tools International Corp. provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole desander and filters; non-mag and steel drill collars; tubulars; flapper plugs; and well bore conditioning and fraction reduction technologies. The company also provides hole openers, roller reamers, and extended reach drilling tools; stabilizers comprising integral blade, sleeve, and welded blade string stabilizers, as well as hard facing tools; stinger valves; and sub-assemblies, which includes heat-treated steel and non-magnetic metal subs. In addition, it offers handling tools, such as elevators, brackets and bail ass...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2021-12-29
Stock Exchange
NASDAQ
Ticker
DTI
According to Drilling Tools International Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 2.04. This represents a change of -1.03% compared to the average of 2.06 of the last 4 quarters.
The mean historical Current Ratio of Drilling Tools International Corp. over the last ten years is 1.50. The current 2.04 Current Ratio has changed 13.48% with respect to the historical average. Over the past ten years (40 quarters), DTI's Current Ratio was at its highest in in the December 2021 quarter at 5.44. The Current Ratio was at its lowest in in the September 2021 quarter at 0.00.
Average
1.50
Median
1.60
Minimum
0.61
Maximum
2.20
Discovering the peaks and valleys of Drilling Tools International Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 87.92%
Maximum Annual Current Ratio = 2.20
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0.61
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.20 | 5.59% |
| 2023 | 2.08 | 87.92% |
| 2022 | 1.11 | 80.72% |
The current Current Ratio of Drilling Tools International Corp. (DTI) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.80
5-year avg
1.50
10-year avg
1.50
Drilling Tools International Corp.’s Current Ratio is greater than Dawson Geophysical Company (0.80), less than Leishen Energy Holding Co., Ltd. (2.24), greater than Smart Sand, Inc. (1.86), less than Recon Technology, Ltd. (5.88), less than NCS Multistage Holdings, Inc. (4.39), greater than Stabilis Solutions, Inc. (1.42), less than Zeo Energy Corp. (2.19), greater than Martin Midstream Partners L.P. (1.20), greater than KLX Energy Services Holdings, Inc. (1.20), greater than PEDEVCO Corp. (1.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.80 | $61.34M | |
| 2.24 | $88.15M | |
| 1.86 | $168.06M | |
| 5.88 | $40.73M | |
| 4.39 | $100.37M | |
| 1.42 | $92.05M | |
| 2.19 | $70.68M | |
| 1.20 | $101.54M | |
| 1.20 | $31.93M | |
| 1.10 | $49.86M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Drilling Tools International Corp. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Drilling Tools International Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Drilling Tools International Corp.'s Current Ratio?
How is the Current Ratio calculated for Drilling Tools International Corp. (DTI)?
What is the highest Current Ratio for Drilling Tools International Corp. (DTI)?
What is the 3-year average Current Ratio for Drilling Tools International Corp. (DTI)?
What is the 5-year average Current Ratio for Drilling Tools International Corp. (DTI)?
How does the current Current Ratio for Drilling Tools International Corp. (DTI) compare to its historical average?