Drilling Tools International Corp financial data

Symbol
DTI on Nasdaq
Industry
Oil & Gas Field Machinery & Equipment
Location
3701 Briarpark Drive, Suite 150, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
ROC Energy Acquisition Corp. (to 6/27/2023)
Latest financial report
10-Q - Q2 2024 - Aug 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 196 %
Quick Ratio 33.9 %
Debt-to-equity 67 % -4.54%
Return On Equity 13 % -72.6%
Return On Assets 7.76 % -36.2%
Operating Margin 14 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.7M shares +29.2%
Common Stock, Shares, Outstanding 29.9M shares +0.31%
Entity Public Float 128M USD -37.9%
Common Stock, Value, Issued 3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 29.8M shares +114%
Weighted Average Number of Shares Outstanding, Diluted 30.9M shares +48.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 0 USD
Revenue from Contract with Customer, Excluding Assessed Tax 148M USD -0.99%
General and Administrative Expense 2.95M USD +577%
Costs and Expenses 127M USD +12.8%
Operating Income (Loss) 20.7M USD -35.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 14.4M USD -46.7%
Income Tax Expense (Benefit) 2.8M USD -106%
Net Income (Loss) Attributable to Parent 11.6M USD -43.3%
Earnings Per Share, Basic 0.27 USD/shares -84.3%
Earnings Per Share, Diluted 0.37 USD/shares -67%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 6.78M USD -5.2%
Accounts Receivable, after Allowance for Credit Loss, Current 35.1M USD +15.7%
Inventory, Net 14.6M USD +146%
Other Assets, Current 0 USD
Assets, Current 60.8M USD +17.5%
Property, Plant and Equipment, Net 71.2M USD +10.5%
Operating Lease, Right-of-Use Asset 21.8M USD +7.01%
Goodwill 3.08M USD
Assets 167M USD +20.7%
Accounts Payable, Current 14M USD -28.2%
Accrued Liabilities, Current 7.72M USD -38.9%
Contract with Customer, Liability, Current 0 USD
Liabilities, Current 30.9M USD -14.2%
Deferred Income Tax Liabilities, Net 6.23M USD +19.9%
Operating Lease, Liability, Noncurrent 17.8M USD +7.17%
Liabilities 74.1M USD +28.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -634K USD -99.4%
Retained Earnings (Accumulated Deficit) -3.11M USD +78.5%
Stockholders' Equity Attributable to Parent 92.8M USD +15.3%
Liabilities and Equity 167M USD +20.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.31M USD -53.3%
Net Cash Provided by (Used in) Financing Activities 24.6M USD
Net Cash Provided by (Used in) Investing Activities -19.6M USD -1577%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 29.9M shares +0.31%
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 8.05M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 7.48K USD -98.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 58K USD -86.9%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 5.03M USD -23.7%
Operating Lease, Liability 21.9M USD +7.28%
Depreciation 21.5M USD +19.1%
Payments to Acquire Property, Plant, and Equipment 6.23M USD -11.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 11.3M USD -36%
Lessee, Operating Lease, Liability, to be Paid 27.9M USD +13.4%
Property, Plant and Equipment, Gross 208M USD +7.38%
Operating Lease, Liability, Current 4.13M USD +7.74%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.48M USD +12.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.01M USD +9.35%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +34.9%
Deferred Income Tax Expense (Benefit) 266K USD -76.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6M USD +43.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.26M USD -7.06%
Deferred Tax Assets, Operating Loss Carryforwards 1.54M USD -54.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares +900%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.69M USD +8.05%
Operating Lease, Payments 1.35M USD
Additional Paid in Capital 96.5M USD +1.38%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 166K USD +833%
Deferred Tax Assets, Net of Valuation Allowance 5.03M USD -23.7%
Share-based Payment Arrangement, Expense 208K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%