United Drilling Tools Stock Working Capital

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.
As of the 24th of November 2024, Net Working Capital is likely to drop to about 1.1 B. In addition to that, Change In Working Capital is likely to grow to about (292.3 M).
  
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United Drilling Tools Company Working Capital Analysis

United Drilling's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

More About Working Capital | All Equity Analysis

Current United Drilling Working Capital

    
  1.72 B  
Most of United Drilling's fundamental indicators, such as Working Capital, 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.
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

United Net Invested Capital

Net Invested Capital

1.86 Billion

At this time, United Drilling's Net Invested Capital is very stable compared to the past year.
As per the company's disclosures, United Drilling Tools has a Working Capital of 1.72 B. This is 687.56% lower than that of the Energy Equipment & Services sector and 66.15% higher than that of the Energy industry. The working capital for all India stocks is 16.26% lower than that of the firm.

United Working Capital 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 Working Capital 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 working capital 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.