Drilling Tools International Corp. (DTI) - Net Assets
Based on the latest financial reports, Drilling Tools International Corp. (DTI) has net assets worth $121.12 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($227.40 Million) and total liabilities ($106.28 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 Drilling Tools International Corp. (DTI) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $121.12 Million |
| % of Total Assets | 53.26% |
| Annual Growth Rate | 120.65% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 134.24 |
Drilling Tools International Corp. - Net Assets Trend (2021–2024)
This chart illustrates how Drilling Tools International Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore DTI total assets for the complete picture of this company's asset base.
Annual Net Assets for Drilling Tools International Corp. (2021–2024)
The table below shows the annual net assets of Drilling Tools International Corp. from 2021 to 2024. For live valuation and market cap data, see DTI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 3855200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.00% |
| Other Comprehensive Income | $-1.88 Million | -1.56% |
| Other Components | $125.42 Million | 104.55% |
| Total Equity | $119.96 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 |
|---|---|
|
Emperor Energy Ltd
AU:EMP
|
$76.39 Million |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
$76.39 Million |
|
Micro Digital Co. Ltd
KQ:305090
|
$76.39 Million |
|
Investec plc
LSE:INVR
|
$76.40 Million |
|
MINDs Lab Inc.
KQ:377480
|
$76.36 Million |
|
Hoffmann Green Cement Technologies
PA:ALHGR
|
$76.35 Million |
|
Galantas Gold Corp
V:GAL
|
$76.35 Million |
|
Iodm Ltd
AU:IOD
|
$76.34 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 2023 to 2024, total equity changed from 88,690,000 to 119,959,000, a change of 31,269,000 (35.3%).
- Net income of 3,014,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,652,000.
- Other factors increased equity by 29,907,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.01 Million | +2.51% |
| Other Comprehensive Income | $-1.65 Million | -1.38% |
| Other Changes | $29.91 Million | +24.93% |
| Total Change | $- | 35.26% |
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: 0.94x
- 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 8.40x to 0.94x 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 | $3.49 | x |
| 2022-12-31 | $2.50 | $3.49 | x |
| 2023-12-31 | $3.53 | $3.49 | x |
| 2024-12-31 | $3.71 | $3.49 | 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): 2.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.95%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.85x
- Recent ROE (2.51%) is below the historical average (20.22%), 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 |
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: $4,579,305,865
- Average return on equity (ROE) among peers: -11.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drilling Tools International Corp. (DTI) | $121.12 Million | 18.83% | 0.88x | $76.38 Million |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $331.70 Million | -10.38% | 0.57x | $1.64 Billion |
| Archrock Inc (AROC) | $841.57 Million | 2.50% | 2.03x | $6.33 Billion |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $62.90 Billion |
| ChampionX Corporation (CHX) | $1.61 Billion | -46.04% | 1.16x | $4.94 Billion |
| Core Laboratories NV (CLB) | $221.48 Million | 8.44% | 0.90x | $655.15 Million |
| Dawson Geophysical Company (DWSN) | $3.03 Million | -37.96% | 0.77x | $62.41 Million |
| Enerflex Ltd. (EFXT) | $1.14 Billion | -8.85% | 1.76x | $2.57 Billion |
| Forum Energy Technologies Inc (FET) | $1.24 Billion | -6.64% | 0.49x | $597.54 Million |
About Drilling Tools International Corp.
Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company provides downhole tools to directional drilling and upstream energy customers; rents drill p… Read more