Drilling Tools International Corp. (DTI) - Net Assets
Based on the latest financial reports, Drilling Tools International Corp. (DTI) has net assets worth $120.43 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($224.70 Million) and total liabilities ($104.27 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check strategic asset allocation of Drilling Tools International Corp. to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $120.43 Million |
| % of Total Assets | 53.6% |
| Annual Growth Rate | 82.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 133.07 |
Drilling Tools International Corp. - Net Assets Trend (2021–2025)
This chart illustrates how Drilling Tools International Corp.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see DTI company net worth.
Annual Net Assets for Drilling Tools International Corp. (2021–2025)
The table below shows the annual net assets of Drilling Tools International Corp. from 2021 to 2025. Also explore Drilling Tools International Corp. net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $122.87 Million | +2.43% |
| 2024-12-31 | $119.96 Million | +35.26% |
| 2023-12-31 | $88.69 Million | +80.62% |
| 2022-12-31 | $49.10 Million | +339.98% |
| 2021-12-31 | $11.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Drilling Tools International Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3479100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.00K | 0.00% |
| Other Comprehensive Income | $664.00K | 0.54% |
| Other Components | $129.54 Million | 105.43% |
| Total Equity | $122.86 Million | 100.00% |
Drilling Tools International Corp. Competitors by Market Cap
The table below lists competitors of Drilling Tools International Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DeFi Development Corp.
NASDAQ:DFDV
|
$86.14 Million |
|
Tomer Energy Royalties 2012 Ltd
TA:TOEN
|
$86.17 Million |
|
Veritone Inc
NASDAQ:VERI
|
$86.17 Million |
|
IF Bancorp Inc
NASDAQ:IROQ
|
$86.17 Million |
|
Biomea Fusion Inc
NASDAQ:BMEA
|
$86.04 Million |
|
Transart Graphics Co Ltd
TW:8481
|
$86.03 Million |
|
RF Industries Ltd
NASDAQ:RFIL
|
$86.02 Million |
|
Pathfinder Bancorp Inc
NASDAQ:PBHC
|
$86.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Drilling Tools International Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 119,959,000 to 122,861,000, a change of 2,902,000 (2.4%).
- Net loss of 3,761,000 reduced equity.
- Share repurchases of 1,265,000 reduced equity.
- Other comprehensive income increased equity by 2,541,000.
- Other factors increased equity by 5,387,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.76 Million | -3.06% |
| Share Repurchases | $1.26 Million | -1.03% |
| Other Comprehensive Income | $2.54 Million | +2.07% |
| Other Changes | $5.39 Million | +4.38% |
| Total Change | $- | 2.42% |
Book Value vs Market Value Analysis
This analysis compares Drilling Tools International Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.89x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.42 | $2.45 | x |
| 2022-12-31 | $2.50 | $2.45 | x |
| 2023-12-31 | $3.53 | $2.45 | x |
| 2024-12-31 | $3.71 | $2.45 | x |
| 2025-12-31 | $3.46 | $2.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Drilling Tools International Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.36%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.81x
- Recent ROE (-3.06%) is below the historical average (15.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 18.83% | 2.72% | 1.11x | 6.23x | $985.00K |
| 2022 | 42.93% | 16.27% | 1.23x | 2.14x | $16.17 Million |
| 2023 | 16.63% | 9.70% | 1.15x | 1.49x | $5.88 Million |
| 2024 | 2.51% | 1.95% | 0.69x | 1.85x | $-8.98 Million |
| 2025 | -3.06% | -2.36% | 0.72x | 1.81x | $-16.05 Million |
Industry Comparison
This section compares Drilling Tools International Corp.'s net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,275,559,762
- Average return on equity (ROE) among peers: -3.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drilling Tools International Corp. (DTI) | $120.43 Million | 18.83% | 0.87x | $86.06 Million |
| ProFrac Holding Corp. (ACDC) | $148.10 Million | -100.07% | 3.49x | $915.21 Million |
| Atlas Energy Solutions Inc. (AESI) | $331.70 Million | -10.38% | 0.57x | $1.68 Billion |
| Archrock Inc (AROC) | $1.04 Billion | 8.33% | 1.26x | $5.47 Billion |
| Baker Hughes Co (BKR) | $15.52 Billion | 12.52% | 1.38x | $55.91 Billion |
| ChampionX Corporation (CHX) | $1.83 Billion | 17.49% | 0.90x | $4.94 Billion |
| Core Laboratories NV (CLB) | $253.75 Million | 7.55% | 0.62x | $525.50 Million |
| Dawson Geophysical Company (DWSN) | $5.13 Million | 35.72% | 0.81x | $100.92 Million |
| Enerflex Ltd. (EFXT) | $1.35 Billion | -1.08% | 0.62x | $2.44 Billion |
| EagleRock Land, LLC (EROK) | $-1.07 Million | 0.00% | 0.00x | $627.52 Million |
About Drilling Tools International Corp.
Drilling Tools International Corporation designs, engineers, manufactures, and provides a rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations in North America, Europe, the Middle East, and Asia-Pacific. It offers downhole drilling tools and services primarily for onshore and offshore operation; and rental-focused portfolio, including dir… Read more