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 - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 173 %
Quick Ratio 34.8 %
Debt-to-equity 72.9 % +1.62%
Return On Equity 8.26 % -72.8%
Return On Assets 4.78 % -60.1%
Operating Margin 11.9 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 34.7M shares +16.6%
Common Stock, Shares, Outstanding 34.7M shares +16.6%
Entity Public Float 128M USD -37.9%
Common Stock, Value, Issued 3K USD 0%
Weighted Average Number of Shares Outstanding, Basic 33.1M shares +11.1%
Weighted Average Number of Shares Outstanding, Diluted 33.5M shares +11.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 0 USD
Revenue from Contract with Customer, Excluding Assessed Tax 150M USD +5.13%
General and Administrative Expense 2.95M USD +577%
Costs and Expenses 132M USD +15.6%
Operating Income (Loss) 17.8M USD -42.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 8.44M USD -67.3%
Income Tax Expense (Benefit) 261K USD -121%
Net Income (Loss) Attributable to Parent 8.18M USD -53.9%
Earnings Per Share, Basic 0.16 USD/shares -87.7%
Earnings Per Share, Diluted 0.26 USD/shares -71.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 12M USD +200%
Accounts Receivable, after Allowance for Credit Loss, Current 33.2M USD +14%
Inventory, Net 17.4M USD +163%
Other Assets, Current 0 USD -100%
Assets, Current 68.7M USD +50.7%
Property, Plant and Equipment, Net 77.7M USD +20.3%
Operating Lease, Right-of-Use Asset 23.9M USD +21.7%
Goodwill 11M USD
Assets 219M USD +66.5%
Accounts Payable, Current 9.05M USD +11.9%
Accrued Liabilities, Current 12.3M USD +3.99%
Contract with Customer, Liability, Current 675K USD
Liabilities, Current 52M USD +118%
Deferred Income Tax Liabilities, Net 6.21M USD -10.4%
Operating Lease, Liability, Noncurrent 19.5M USD +24%
Liabilities 95.7M USD +105%
Accumulated Other Comprehensive Income (Loss), Net of Tax 529K USD
Retained Earnings (Accumulated Deficit) -2.24M USD +77.9%
Stockholders' Equity Attributable to Parent 123M USD +45.2%
Liabilities and Equity 219M USD +66.5%

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 34.7M shares +16.6%
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 24M USD +21.7%
Depreciation 22M USD +9.43%
Payments to Acquire Property, Plant, and Equipment 6.23M USD -11.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 8.94M USD -53.7%
Lessee, Operating Lease, Liability, to be Paid 31.4M USD +33%
Property, Plant and Equipment, Gross 215M USD +10%
Operating Lease, Liability, Current 4.44M USD +12.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.08M USD +26%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.75M USD +18.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +34.5%
Deferred Income Tax Expense (Benefit) 266K USD -76.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 7.44M USD +89.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.74M USD +7.65%
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 3.06M USD +25.3%
Operating Lease, Payments 1.35M USD
Additional Paid in Capital 125M USD +31.2%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 554K USD +3233%
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%