Superior Capital Surpluse vs Short Term Debt Analysis

SDPI Stock

USD 1.36 0.04 3.03%

Superior Drilling financial indicator trend analysis is much more than just breaking down Superior Drilling prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Superior Drilling is a good investment. Please check the relationship between Superior Drilling Capital Surpluse and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Drilling Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

Capital Surpluse vs Short Term Debt

Capital Surpluse vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Superior Drilling Capital Surpluse account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Superior Drilling's Capital Surpluse and Short Term Debt is -0.37. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Superior Drilling Products, assuming nothing else is changed. The correlation between historical values of Superior Drilling's Capital Surpluse and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Superior Drilling Products are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Capital Surpluse i.e., Superior Drilling's Capital Surpluse and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Capital Surpluse

Short Term Debt

Most indicators from Superior Drilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Superior Drilling current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Drilling Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

As of now, Superior Drilling's Enterprise Value is decreasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Interest Expense	539.4K	572.6K	689.4K	821.1K
Depreciation And Amortization	2.1M	1.7M	1.6M	2.2M

Interest Expense Depreciation And Amortization

Superior Drilling fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Property Plant Equipment
Total Assets		0.55	0.05	0.74	0.85	0.4	0.04	0.37	0.23	0.62	0.97	0.61	0.19	0.3	0.62	0.33	-0.15	0.28	0.16	-0.06	0.23	0.66	0.21	0.55	0.69	0.37
Short Long Term Debt Total	0.55		0.46	0.3	0.04	0.86	-0.53	0.96	-0.51	-0.19	0.71	0.19	0.12	0.91	-0.19	-0.17	-0.89	0.86	-0.53	-0.33	-0.64	0.97	0.27	-0.31	0.46	0.91
Other Current Liab	0.05	0.46		0.37	-0.23	0.51	-0.96	0.49	-0.3	-0.31	0.12	-0.07	-0.11	0.29	-0.31	0.19	-0.56	0.24	-0.37	-0.04	-0.55	0.43	0.24	-0.24	0.48	0.52
Total Current Liabilities	0.74	0.3	0.37		0.71	0.13	-0.23	0.14	0.27	0.64	0.65	0.7	-0.02	-0.06	0.64	0.73	-0.03	-0.17	0.07	-0.09	0.26	0.38	-0.01	0.64	0.95	0.16
Total Stockholder Equity	0.85	0.04	-0.23	0.71		-0.1	0.38	-0.17	0.63	0.87	0.71	0.64	0.14	-0.23	0.87	0.54	0.38	-0.23	0.56	0.21	0.68	0.17	0.13	0.87	0.53	-0.15
Property Plant And Equipment Net	0.4	0.86	0.51	0.13	-0.1		-0.55	0.88	-0.54	-0.32	0.56	-0.02	-0.17	0.82	-0.32	-0.15	-0.85	0.85	-0.44	-0.15	-0.76	0.87	0.48	-0.39	0.27	0.97
Current Deferred Revenue	0.04	-0.53	-0.96	-0.23	0.38	-0.55		-0.61	0.44	0.47	-0.08	0.11	0.04	-0.44	0.47	0.0	0.66	-0.36	0.55	0.17	0.66	-0.46	-0.14	0.43	-0.4	-0.57
Net Debt	0.37	0.96	0.49	0.14	-0.17	0.88	-0.61		-0.61	-0.4	0.56	0.03	0.11	0.96	-0.4	-0.29	-0.93	0.9	-0.66	-0.42	-0.75	0.92	0.18	-0.49	0.35	0.93
Accounts Payable	0.23	-0.51	-0.3	0.27	0.63	-0.54	0.44	-0.61		0.58	0.03	0.15	0.2	-0.68	0.58	0.54	0.78	-0.64	0.78	0.48	0.8	-0.45	0.05	0.81	0.04	-0.66
Cash	0.62	-0.19	-0.31	0.64	0.87	-0.32	0.47	-0.4	0.58		0.44	0.71	0.04	-0.44	1.0	0.55	0.49	-0.45	0.49	0.08	0.71	-0.08	-0.07	0.91	0.46	-0.35
Non Current Assets Total	0.97	0.71	0.12	0.65	0.71	0.56	-0.08	0.56	0.03	0.44		0.54	0.18	0.5	0.44	0.17	-0.36	0.48	0.01	-0.11	0.03	0.81	0.27	0.34	0.65	0.54
Non Currrent Assets Other	0.61	0.19	-0.07	0.7	0.64	-0.02	0.11	0.03	0.15	0.71	0.54		-0.15	-0.02	0.71	0.41	0.07	-0.17	0.0	-0.2	0.31	0.22	-0.17	0.51	0.69	0.02
Other Assets	0.19	0.12	-0.11	-0.02	0.14	-0.17	0.04	0.11	0.2	0.04	0.18	-0.15		0.17	0.04	-0.35	-0.02	0.17	0.0	-0.21	0.18	0.15	-0.2	0.1	0.0	-0.15
Long Term Debt	0.3	0.91	0.29	-0.06	-0.23	0.82	-0.44	0.96	-0.68	-0.44	0.5	-0.02	0.17		-0.44	-0.5	-0.9	0.96	-0.68	-0.43	-0.74	0.87	0.15	-0.59	0.16	0.87
Cash And Short Term Investments	0.62	-0.19	-0.31	0.64	0.87	-0.32	0.47	-0.4	0.58	1.0	0.44	0.71	0.04	-0.44		0.55	0.49	-0.45	0.49	0.08	0.71	-0.08	-0.07	0.91	0.46	-0.35
Net Receivables	0.33	-0.17	0.19	0.73	0.54	-0.15	0.0	-0.29	0.54	0.55	0.17	0.41	-0.35	-0.5	0.55		0.36	-0.56	0.38	0.25	0.4	-0.14	0.03	0.73	0.57	-0.17
Common Stock Shares Outstanding	-0.15	-0.89	-0.56	-0.03	0.38	-0.85	0.66	-0.93	0.78	0.49	-0.36	0.07	-0.02	-0.9	0.49	0.36		-0.87	0.74	0.39	0.9	-0.83	-0.23	0.63	-0.24	-0.91
Non Current Liabilities Total	0.28	0.86	0.24	-0.17	-0.23	0.85	-0.36	0.9	-0.64	-0.45	0.48	-0.17	0.17	0.96	-0.45	-0.56	-0.87		-0.51	-0.29	-0.74	0.85	0.33	-0.58	0.0	0.87
Inventory	0.16	-0.53	-0.37	0.07	0.56	-0.44	0.55	-0.66	0.78	0.49	0.01	0.0	0.0	-0.68	0.49	0.38	0.74	-0.51		0.76	0.71	-0.44	0.41	0.67	-0.23	-0.56
Other Current Assets	-0.06	-0.33	-0.04	-0.09	0.21	-0.15	0.17	-0.42	0.48	0.08	-0.11	-0.2	-0.21	-0.43	0.08	0.25	0.39	-0.29	0.76		0.25	-0.32	0.76	0.27	-0.32	-0.3
Other Stockholder Equity	0.23	-0.64	-0.55	0.26	0.68	-0.76	0.66	-0.75	0.8	0.71	0.03	0.31	0.18	-0.74	0.71	0.4	0.9	-0.74	0.71	0.25		-0.55	-0.27	0.79	0.05	-0.79
Total Liab	0.66	0.97	0.43	0.38	0.17	0.87	-0.46	0.92	-0.45	-0.08	0.81	0.22	0.15	0.87	-0.08	-0.14	-0.83	0.85	-0.44	-0.32	-0.55		0.3	-0.2	0.51	0.9
Property Plant And Equipment Gross	0.21	0.27	0.24	-0.01	0.13	0.48	-0.14	0.18	0.05	-0.07	0.27	-0.17	-0.2	0.15	-0.07	0.03	-0.23	0.33	0.41	0.76	-0.27	0.3		-0.01	-0.14	0.34
Total Current Assets	0.55	-0.31	-0.24	0.64	0.87	-0.39	0.43	-0.49	0.81	0.91	0.34	0.51	0.1	-0.59	0.91	0.73	0.63	-0.58	0.67	0.27	0.79	-0.2	-0.01		0.42	-0.45
Short Term Debt	0.69	0.46	0.48	0.95	0.53	0.27	-0.4	0.35	0.04	0.46	0.65	0.69	0.0	0.16	0.46	0.57	-0.24	0.0	-0.23	-0.32	0.05	0.51	-0.14	0.42		0.33
Property Plant Equipment	0.37	0.91	0.52	0.16	-0.15	0.97	-0.57	0.93	-0.66	-0.35	0.54	0.02	-0.15	0.87	-0.35	-0.17	-0.91	0.87	-0.56	-0.3	-0.79	0.9	0.34	-0.45	0.33

Click cells to compare fundamentals

Superior Drilling Account Relationship Matchups

Superior Drilling fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	16.8M	13.0M	14.6M	17.6M	27.9M	21.0M
Short Long Term Debt Total	8.0M	2.9M	6.7M	6.3M	6.7M	10.3M
Other Current Liab	699.7K	61.7K	674.0K	784.4K	870.1K	1.2M
Total Current Liabilities	5.8M	3.2M	4.1M	3.7M	3.8M	4.6M
Total Stockholder Equity	7.1M	4.2M	6.1M	8.1M	16.7M	12.0M
Property Plant And Equipment Net	8.0M	7.6M	7.0M	9.2M	11.7M	8.7M
Net Debt	6.7M	986.8K	3.8M	4.2M	4.0M	3.8M
Accounts Payable	945.4K	430.0K	1.1M	1.0M	1.5M	927.7K
Cash	1.2M	2.0M	2.8M	2.2M	2.7M	2.5M
Non Current Assets Total	10.1M	8.5M	7.3M	9.6M	19.2M	15.8M
Non Currrent Assets Other	93.6K	87.5K	65.9K	327.5K	199.8K	189.8K
Other Assets	93.6K	187.3K	65.9K	111.5K	100.4K	95.3K
Long Term Debt	3.8M	1.5M	256.7K	529.5K	1.6M	1.5M
Cash And Short Term Investments	1.2M	2.0M	2.8M	2.2M	2.7M	2.5M
Net Receivables	3.9M	1.3M	2.9M	3.2M	2.7M	2.8M
Common Stock Shares Outstanding	25.1M	25.5M	26.4M	28.7M	29.8M	23.1M
Liabilities And Stockholders Equity	16.8M	13.0M	14.6M	17.6M	27.9M	21.0M
Non Current Liabilities Total	3.8M	5.6M	4.4M	5.8M	7.5M	7.7M
Inventory	924.0K	1.0M	1.2M	2.1M	2.7M	2.8M
Other Current Assets	252.2K	40.6K	55.2K	140.2K	708.7K	744.2K
Other Stockholder Equity	40.1M	40.6M	43.1M	43.9M	45.1M	39.3M
Total Liab	9.7M	8.8M	8.5M	9.5M	11.3M	12.3M
Property Plant And Equipment Gross	8.0M	7.6M	7.0M	9.2M	23.6M	24.8M
Total Current Assets	6.6M	4.5M	7.4M	8.0M	8.8M	7.1M
Short Term Debt	4.1M	1.5M	2.3M	1.2M	773.0K	734.3K
Property Plant Equipment	8.0M	7.6M	7.0M	9.2M	8.3M	8.6M
Common Stock	25.4K	25.8K	28.2K	29.2K	30.4K	24.7K
Net Tangible Assets	7.1M	3.4M	5.9M	8.0M	7.2M	8.5M
Retained Earnings	(33.0M)	(36.4M)	(37.0M)	(35.9M)	(28.5M)	(29.9M)
Common Stock Total Equity	24.5K	25.0K	25.4K	25.8K	29.6K	25.1K
Retained Earnings Total Equity	(24.6M)	(32.1M)	(33.0M)	(36.4M)	(32.8M)	(34.4M)
Capital Surpluse	38.9M	39.4M	40.1M	40.6M	46.7M	40.8M
Short Long Term Debt	4.1M	1.4M	2.2M	1.1M	635.3K	603.5K
Intangible Assets	2.0M	819.4K	236.1K	69.4K	62.5K	59.4K

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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:

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Is Superior Stock a good investment?

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What is Superior Drilling's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Superior Drilling Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Superior Drilling's price analysis, check to measure Superior Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Superior Drilling is operating at the current time. Most of Superior Drilling's value examination focuses on studying past and present price action to predict the probability of Superior Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Superior Drilling's price. Additionally, you may evaluate how the addition of Superior Drilling to your portfolios can decrease your overall portfolio volatility.

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Is Superior Drilling's industry 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

0.706

Quarterly Revenue Growth

(0.19)

Return On Assets

0.0498

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.

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Superior Capital Surpluse vs Short Term Debt Analysis

Capital Surpluse vs Short Term Debt

Capital Surpluse vs Short Term Debt Correlation Analysis

Correlation Coefficient

Capital Surpluse

Short Term Debt

Superior Drilling fundamental ratios Correlations

Superior Drilling Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Superior Drilling fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.97	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Property Plant Equipment	+ 0.97	Property Plant And Equipment Net
Net Debt	+ 0.96	Short Long Term Debt Total
Long Term Debt	+ 0.96	Net Debt

Current Deferred Revenue	- 0.96	Other Current Liab
Common Stock Shares Outstanding	- 0.93	Net Debt
Property Plant Equipment	- 0.91	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.9	Long Term Debt
Common Stock Shares Outstanding	- 0.89	Short Long Term Debt Total
Non Current Liabilities Total	- 0.87	Common Stock Shares Outstanding