Drilling Tools International Corp (DTI)
3.46
+0.07
(+2.06%)
USD |
NASDAQ |
Nov 21, 16:00
3.450
-0.01
(-0.29%)
After-Hours: 20:00
Drilling Tools International Debt to Equity Ratio: 0.3578 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.3578 |
| June 30, 2024 | 0.2604 |
| March 31, 2024 | 0.2732 |
| December 31, 2023 | 0.00 |
| Date | Value |
|---|---|
| September 30, 2023 | 0.00 |
| June 30, 2023 | 0.00 |
| March 31, 2023 | |
| 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
0.1807
Average
0.2604
Median
Jun 2024
Debt to Equity Ratio Benchmarks
| Natural Gas Services Group Inc | 0.6489 |
| NOV Inc | 0.2706 |
| Newpark Resources Inc | 0.0441 |
| Oil States International Inc | 0.1829 |
| Cactus Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 218.84M |
| Total Liabilities (Quarterly) | 95.65M |
| Shareholders Equity (Quarterly) | 123.19M |
| Current Ratio | 1.322 |
| Net Debt Paydown Yield | -6.81% |