Superior Drilling Products, Inc. financial data

Industry
Oil & Gas Field Machinery & Equipment
Location
1583 South 1700 East, Vernal, UT
State of incorporation
UT
Fiscal year end
December 31
Former names
SD Co Inc (to 5/6/2014)
Latest financial report
10-Q - Q1 2024 - May 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 195 % +1.23%
Quick Ratio 62 % +48.4%
Debt-to-equity 83.7 % -31.1%
Return On Equity 31.1 % +2.74%
Return On Assets 16.9 % +23.9%
Operating Margin 14.2 % +216%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 30.4M shares +3.92%
Common Stock, Shares, Outstanding 30.4M shares +3.92%
Entity Public Float 13.3M USD +21.9%
Common Stock, Value, Issued 30.4K USD +3.92%
Weighted Average Number of Shares Outstanding, Basic 30.4M shares +3.92%
Weighted Average Number of Shares Outstanding, Diluted 30.4M shares +3.71%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 21.2M USD +41.3%
Revenue from Contract with Customer, Excluding Assessed Tax 19.6M USD -7.58%
Operating Income (Loss) 559K USD -81.4%
Nonoperating Income (Expense) -2.53M USD -646%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.97M USD -174%
Income Tax Expense (Benefit) -6.07M USD -2618%
Net Income (Loss) Attributable to Parent 4.1M USD +68.8%
Earnings Per Share, Basic 0.14 USD/shares +75%
Earnings Per Share, Diluted 0.14 USD/shares +75%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.08M USD +6.36%
Accounts Receivable, after Allowance for Credit Loss, Current 2.36M USD -40.5%
Inventory, Net 2.7M USD +19.9%
Other Assets, Current 433K USD +185%
Assets, Current 7.89M USD -9.05%
Deferred Income Tax Assets, Net 6.41M USD
Property, Plant and Equipment, Net 11M USD +7.78%
Operating Lease, Right-of-Use Asset 395K USD -34.8%
Intangible Assets, Net (Excluding Goodwill) 27.8K USD -85.7%
Other Assets, Noncurrent 200K USD +77.4%
Assets 25.9M USD +31.9%
Accounts Payable, Current 1.78M USD +6.7%
Accrued Liabilities, Current 1.3M USD +66.3%
Liabilities, Current 4.41M USD +6.11%
Operating Lease, Liability, Noncurrent 279K USD -43.5%
Liabilities 10.9M USD +10.4%
Retained Earnings (Accumulated Deficit) -30.3M USD +11.9%
Stockholders' Equity Attributable to Parent 15.1M USD +53.4%
Liabilities and Equity 25.9M USD +31.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -304K USD -129%
Net Cash Provided by (Used in) Financing Activities -169K USD -460%
Net Cash Provided by (Used in) Investing Activities -117K USD +90.4%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 30.4M shares +3.92%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -590K USD -192%
Interest Paid, Excluding Capitalized Interest, Operating Activities 192K USD +27.4%
Deferred Tax Assets, Valuation Allowance 7.02M USD -10.1%
Deferred Tax Assets, Gross 7.3M USD -5.42%
Operating Lease, Liability 380K USD -33.1%
Depreciation 1.35M USD +8.17%
Payments to Acquire Property, Plant, and Equipment 122K USD -92.2%
Lessee, Operating Lease, Liability, to be Paid 421K USD -35%
Property, Plant and Equipment, Gross 23.3M USD -2.13%
Operating Lease, Liability, Current 55K USD +7.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 67.2K USD -72.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 254K USD +46.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) -20K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 41.6K USD -47.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 60K USD -54%
Deferred Tax Assets, Operating Loss Carryforwards 2.33M USD -7.29%
Current Income Tax Expense (Benefit) 31.4K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 40K USD -33.3%
Operating Lease, Payments 53.6K USD -1.02%
Amortization of Intangible Assets 27.3K USD -83.6%
Depreciation, Depletion and Amortization 351K USD +7.73%
Deferred Tax Assets, Net of Valuation Allowance 6.39M USD
Interest Expense 729K USD +21%