United Drilling Tools Stock Retained Earnings

UNIDT Stock   234.44  0.41  0.17%   
United Drilling Tools fundamentals help investors to digest information that contributes to United Drilling's financial success or failures. It also enables traders to predict the movement of United Stock. The fundamental analysis module provides a way to measure United Drilling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to United Drilling stock.
Last ReportedProjected for Next Year
Retained EarningsB2.1 B
As of the 24th of November 2024, Retained Earnings is likely to grow to about 2.1 B.
  
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United Drilling Tools Company Retained Earnings Analysis

United Drilling's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current United Drilling Retained Earnings

    
  2.02 B  
Most of United Drilling's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, United Drilling Tools is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Based on the latest financial disclosure, United Drilling Tools has a Retained Earnings of 2.02 B. This is 87.77% lower than that of the Energy Equipment & Services sector and 32.13% higher than that of the Energy industry. The retained earnings for all India stocks is 78.3% higher than that of the company.

United Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Drilling's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of United Drilling could also be used in its relative valuation, which is a method of valuing United Drilling by comparing valuation metrics of similar companies.
United Drilling is currently under evaluation in retained earnings category among its peers.

United Fundamentals

About United Drilling Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze United Drilling Tools's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Drilling Tools based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in United Stock

United Drilling financial ratios help investors to determine whether United Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in United with respect to the benefits of owning United Drilling security.