Based on the key indicators related to Drilling Tools' liquidity, profitability, solvency, and operating efficiency, Drilling Tools International may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Key indicators impacting Drilling Tools' financial strength include:
Investors should never underestimate Drilling Tools' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Drilling Tools' cash flow, debt, and profitability to make informed and accurate decisions about investing in Drilling Tools International.
Net Income
13.91 Million
Drilling
Understanding current and past Drilling Tools Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Drilling Tools' financial statements are interrelated, with each one affecting the others. For example, an increase in Drilling Tools' assets may result in an increase in income on the income statement.
Drilling Tools' financial ratios allow both analysts and investors to convert raw data from Drilling Tools' financial statements into concise, actionable information that can be used to evaluate the performance of Drilling Tools over time and compare it to other companies across industries.
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. You can analyze the relationship between different fundamental ratios across Drilling Tools competition to find correlations between indicators driving Drilling Tools's intrinsic value. More Info.
Drilling Tools International is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.65 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Drilling Tools International is roughly 1.53 . 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 Tools Inter Systematic Risk
Drilling Tools' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Drilling Tools volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Drilling Tools Inter correlated with the market. If Beta is less than 0 Drilling Tools generally moves in the opposite direction as compared to the market. If Drilling Tools Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Drilling Tools Inter is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Drilling Tools is generally in the same direction as the market. If Beta > 1 Drilling Tools moves generally in the same direction as, but more than the movement of the benchmark.
Drilling Tools Thematic Clasifications
Drilling Tools International is part of several thematic ideas from Oil And Gas to Machinery. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Drilling Tools September 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Drilling Tools help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Drilling Tools International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Drilling Tools International based on widely used predictive technical indicators. In general, we focus on analyzing Drilling Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Drilling Tools's daily price indicators and compare them against related drivers.
When running Drilling Tools' price analysis, check to measure Drilling Tools' 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 Drilling Tools is operating at the current time. Most of Drilling Tools' value examination focuses on studying past and present price action to predict the probability of Drilling Tools' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drilling Tools' price. Additionally, you may evaluate how the addition of Drilling Tools to your portfolios can decrease your overall portfolio volatility.