Drilling Tools Return On Equity vs. Total Debt
| DTI Stock | 3.54 0.03 0.85% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.16628707 | Current Value 0.16 | Quarterly Volatility 0.12694345 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.76 | 0.6325 |
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| Net Profit Margin | 0.0765 | 0.097 |
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| Pretax Profit Margin | 0.096 | 0.1302 |
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| Return On Assets | 0.088 | 0.1113 |
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| Return On Equity | 0.16 | 0.1663 |
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For Drilling Tools profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Drilling Tools to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Drilling Tools International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Drilling Tools's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Drilling Tools International over time as well as its relative position and ranking within its peers.
Drilling |
Drilling Tools' Revenue Breakdown by Earning Segment
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Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Drilling Tools. If investors know Drilling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Drilling Tools listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Earnings Share 0.24 | Revenue Per Share 4.889 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0576 |
The market value of Drilling Tools Inter is measured differently than its book value, which is the value of Drilling that is recorded on the company's balance sheet. Investors also form their own opinion of Drilling Tools' value that differs from its market value or its book value, called intrinsic value, which is Drilling Tools' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Drilling Tools' market value can be influenced by many factors that don't directly affect Drilling Tools' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Drilling Tools' value and its price as these two are different measures arrived at by different means. Investors typically determine if Drilling Tools is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Drilling Tools' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Drilling Tools Inter Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Drilling Tools's current stock value. Our valuation model uses many indicators to compare Drilling Tools value to that of its competitors to determine the firm's financial worth. Drilling Tools International is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in total debt category among its peers making up about 239,529,860 of Total Debt per Return On Equity. As of now, Drilling Tools' Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Drilling Tools' earnings, one of the primary drivers of an investment's value.Drilling Total Debt vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Drilling Tools |
| = | 0.0787 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Drilling Tools |
| = | 18.85 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Drilling Total Debt vs Competition
Drilling Tools International is rated as one of the top companies in total debt category among its peers. Total debt of Energy industry is currently estimated at about 30.06 Billion. Drilling Tools adds roughly 18.85 Million in total debt claiming only tiny portion of equities under Energy industry.
Drilling Tools Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Drilling Tools, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Drilling Tools will eventually generate negative long term returns. The profitability progress is the general direction of Drilling Tools' change in net profit over the period of time. It can combine multiple indicators of Drilling Tools, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -225 K | -236.2 K | |
| Net Interest Income | -1.1 M | -1.1 M | |
| Operating Income | 27.9 M | 17.2 M | |
| Net Income From Continuing Ops | 14.7 M | 13.9 M | |
| Income Before Tax | 19.8 M | 17 M | |
| Total Other Income Expense Net | -8.1 M | -7.7 M | |
| Net Income | 14.7 M | 13.9 M | |
| Income Tax Expense | 5 M | 3.1 M | |
| Interest Income | 48 K | 40 K | |
| Net Income Per Share | 0.69 | 0.42 | |
| Income Quality | 1.58 | 1.66 | |
| Net Income Per E B T | 0.75 | 0.99 |
Drilling Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Drilling Tools. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Drilling Tools position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Drilling Tools' important profitability drivers and their relationship over time.
Use Drilling Tools in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Drilling Tools position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Drilling Tools will appreciate offsetting losses from the drop in the long position's value.Drilling Tools Pair Trading
Drilling Tools International Pair Trading Analysis
The ability to find closely correlated positions to Drilling Tools could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Drilling Tools when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Drilling Tools - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Drilling Tools International to buy it.
The correlation of Drilling Tools is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Drilling Tools moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Drilling Tools Inter moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Drilling Tools can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Drilling Tools position
In addition to having Drilling Tools in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Drilling Tools' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Drilling Tools Inter at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Drilling Tools' income statement, its balance sheet, and the statement of cash flows.