Superior Total Current Liabilities from 2010 to 2024

SDPI Stock  USD 1.23  0.01  0.81%   
Superior Drilling's Total Current Liabilities is decreasing with very volatile movements from year to year. Total Current Liabilities is estimated to finish at about 4.6 M this year. Total Current Liabilities is the total amount of liabilities that Superior Drilling Products is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2012-12-31
Previous Quarter
3.8 M
Current Value
4.4 M
Quarterly Volatility
2.7 M
 
Yuan Drop
 
Covid
Check Superior Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Superior Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 821.1 K or Selling General Administrative of 6.9 M, as well as many indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0264 or PTB Ratio of 1.21. Superior financial statements analysis is a perfect complement when working with Superior Drilling Valuation or Volatility modules.
  
Check out the analysis of Superior Drilling Correlation against competitors.

Latest Superior Drilling's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Superior Drilling Products over the last few years. Total Current Liabilities is an item on Superior Drilling balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Superior Drilling Products are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Superior Drilling's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Superior Drilling's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Very volatile
   Total Current Liabilities   
       Timeline  

Superior Total Current Liabilities Regression Statistics

Arithmetic Mean5,139,538
Geometric Mean4,354,154
Coefficient Of Variation63.32
Mean Deviation2,236,187
Median4,596,517
Standard Deviation3,254,430
Sample Variance10.6T
Range12.6M
R-Value(0.04)
Mean Square Error11.4T
R-Squared0
Significance0.90
Slope(26,631)
Total Sum of Squares148.3T

Superior Total Current Liabilities History

20244.6 M
20233.8 M
20223.7 M
20214.1 M
20203.2 M
20195.8 M
20185.9 M

About Superior Drilling Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Superior Drilling income statement, its balance sheet, and the statement of cash flows. Superior Drilling investors use historical funamental indicators, such as Superior Drilling's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Superior Drilling investors may use each financial statement separately, they are all related. The changes in Superior Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Superior Drilling's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Superior Drilling Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Superior Drilling. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities3.8 M4.6 M

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Superior Stock

When determining whether Superior Drilling offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Superior Drilling's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Superior Drilling Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Superior Drilling Products Stock:
Check out the analysis of Superior Drilling Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 Superior Drilling. If investors know Superior 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 Superior Drilling 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
17.336
Earnings Share
0.14
Revenue Per Share
0.655
Quarterly Revenue Growth
(0.21)
Return On Assets
0.0153
The market value of Superior Drilling is measured differently than its book value, which is the value of Superior that is recorded on the company's balance sheet. Investors also form their own opinion of Superior Drilling's value that differs from its market value or its book value, called intrinsic value, which is Superior Drilling's 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 Superior Drilling's market value can be influenced by many factors that don't directly affect Superior Drilling's 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 Superior Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Superior Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Superior Drilling's 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.