Drilling Tools International Corp (DTI)
5.50
+0.18
(+3.38%)
USD |
NASDAQ |
May 15, 16:00
5.46
-0.04
(-0.73%)
After-Hours: 20:00
Drilling Tools International Debt to Equity Ratio: 0.2732 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
March 31, 2024 | 0.2732 |
December 31, 2023 | 0.00 |
September 30, 2023 | 0.00 |
Date | Value |
---|---|
June 30, 2023 | 0.00 |
December 31, 2022 | 0.3737 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Jun 2023
0.3737
Maximum
Dec 2022
0.1294
Average
--
Median
Jun 2023
Debt to Equity Ratio Benchmarks
Superior Drilling Products Inc | 0.1348 |
Natural Gas Services Group Inc | 0.6952 |
Newpark Resources Inc | 0.1837 |
Dril-Quip Inc | 0.00 |
NOV Inc | 0.2895 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 166.95M |
Total Liabilities (Quarterly) | 75.44M |
Shareholders Equity (Quarterly) | 91.51M |
Current Ratio | 1.921 |
Net Debt Paydown Yield | -5.60% |