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
Drilling Tools International Corp. (DTI) - Total Assets
Latest total assets as of September 2025: $227.40 Million USD
Based on the latest financial reports, Drilling Tools International Corp. (DTI) holds total assets worth $227.40 Million USD as of September 2025.
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.
Drilling Tools International Corp. - Total Assets Trend (2021–2024)
This chart illustrates how Drilling Tools International Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Drilling Tools International Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Drilling Tools International Corp.'s total assets of $227.40 Million consist of 30.6% current assets and 69.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $40.52 Million | 18.2% |
| Inventory | $17.50 Million | 7.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $37.23 Million | 16.7% |
| Goodwill | $12.15 Million | 5.5% |
Asset Composition Trend (2021–2024)
This chart illustrates how Drilling Tools International Corp.'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: Drilling Tools International Corp.'s current assets represent 30.6% of total assets in 2024, a decrease from 34.9% in 2021.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2024, up from 0.1% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 21.0% of total assets, an increase from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 18.2% of total assets.
Drilling Tools International Corp. Competitors by Total Assets
Key competitors of Drilling Tools International Corp. 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 |
Drilling Tools International Corp. - 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 - Drilling Tools International Corp. generates 0.69x 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, Drilling Tools International Corp. generates $ 1.36 in net profit.
Drilling Tools International Corp. - 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 | 2.04 | 1.32 | 0.00 |
| Quick Ratio | 1.47 | 0.99 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $32.95 Million | $ 16.75 Million | $ -33.48K |
Drilling Tools International Corp. - Advanced Valuation Insights
This section examines the relationship between Drilling Tools International Corp.'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 | 0.64 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | 67.9% |
| Total Assets | $222.43 Million |
| Market Capitalization | $47.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values Drilling Tools International Corp.'s assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Drilling Tools International Corp.'s assets grew by 67.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Drilling Tools International Corp. (2021–2024)
The table below shows the annual total assets of Drilling Tools International Corp. from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $222.43 Million | +67.87% |
| 2023-12-31 | $132.50 Million | +25.93% |
| 2022-12-31 | $105.22 Million | +51.38% |
| 2021-12-31 | $69.51 Million | -- |