Dril-Quip Inc
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for offshore and onshore applications worldwide. The company's principal products include subsea and surface wellheads, specialty connectors and associated pipes, subsea production trees and systems, mudline hanger systems, production riser systems, dry tree sys… Read more
Dril-Quip Inc (DQU) - Total Assets
Latest total assets as of June 2024: €1.01 Billion EUR
Based on the latest financial reports, Dril-Quip Inc (DQU) holds total assets worth €1.01 Billion EUR as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Dril-Quip Inc - Total Assets Trend (2014–2023)
This chart illustrates how Dril-Quip Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Dril-Quip Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Dril-Quip Inc's total assets of €1.01 Billion consist of 70.0% current assets and 30.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 18.2% |
| Accounts Receivable | €135.57 Million | 13.2% |
| Inventory | €194.59 Million | 18.9% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €41.94 Million | 4.1% |
| Goodwill | €16.65 Million | 1.6% |
Asset Composition Trend (2014–2023)
This chart illustrates how Dril-Quip Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Dril-Quip Inc's current assets represent 70.0% of total assets in 2023, a decrease from 77.8% in 2014.
- Cash Position: Cash and equivalents constituted 18.2% of total assets in 2023, down from 20.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is inventory at 18.9% of total assets.
Dril-Quip Inc Competitors by Total Assets
Key competitors of Dril-Quip Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Dril-Quip Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Dril-Quip Inc generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Dril-Quip Inc generates $ 0.06 in net profit.
Dril-Quip Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.60 | 8.57 | 9.10 |
| Quick Ratio | 3.98 | 6.70 | 7.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €581.12 Million | € 667.03 Million | € 782.19 Million |
Dril-Quip Inc - Advanced Valuation Insights
This section examines the relationship between Dril-Quip Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.41 |
| Latest Market Cap to Assets Ratio | 0.48 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | €1.03 Billion |
| Market Capitalization | $490.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values Dril-Quip Inc's assets below their book value (0.48 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Dril-Quip Inc's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Dril-Quip Inc (2014–2023)
The table below shows the annual total assets of Dril-Quip Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €1.03 Billion | +5.72% |
| 2022-12-31 | €972.51 Million | -3.75% |
| 2021-12-31 | €1.01 Billion | -12.23% |
| 2020-12-31 | €1.15 Billion | -4.59% |
| 2019-12-31 | €1.21 Billion | +1.18% |
| 2018-12-31 | €1.19 Billion | -14.81% |
| 2017-12-31 | €1.40 Billion | -4.22% |
| 2016-12-31 | €1.46 Billion | +2.32% |
| 2015-12-31 | €1.43 Billion | -1.45% |
| 2014-12-31 | €1.45 Billion | -- |