Drilling Tools International Corp. (DTI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 68.73M | 64.89M | 64.71M | 66.13M | 67.37M | 68.08M | 68.74M | 60.83M | 65.59M | 46.41M | 45.62M | 51.78M | 40.66M | 40.16M | 596.86K | 819.98K | 1.05M | 24.24M |
| Cash & Short-Term Investments | 2.84M | 3.65M | 4.37M | 1.15M | 2.79M | 6.18M | 11.96M | 8.4M | 15.19M | 6.89M | 4.98M | 8.69M | 1.93M | 3.5M | 307.31K | 401.9K | 557.58K | 961K |
| Cash Only | 2.84M | 3.65M | 4.37M | 1.15M | 2.79M | 6.18M | 11.96M | 6.78M | 14.05M | 6M | 3.99M | 7.16M | 820K | 2.35M | 307.31K | 401.9K | 557.58K | 52K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.62M | 1.14M | 888K | 995K | 1.53M | 1.11M | 1.14M | 0 | 0 | 0 | 909K |
| Accounts Receivable | 43.51M | 39.22M | 39.21M | 43.32M | 43.29M | 40.52M | 34.46M | 35.12M | 35.73M | 29.93M | 29.07M | 30.36M | 30.34M | 31.11M | 0 | 0 | 0 | 20.04M |
| Days Sales Outstanding | 98.08 | 93.69 | 97.8 | 99.97 | 87.95 | 86.56 | 79.84 | 85.89 | 80.8 | 77.13 | 71.68 | 72.85 | 67.78 | 78.08 | - | - | - | 305.91 |
| Inventory | 20.93M | 18.15M | 18.14M | 18.28M | 18.25M | 17.5M | 17.35M | 14.61M | 11.44M | 5.03M | 6.59M | 5.93M | 4.72M | 3.28M | 0 | 0 | 0 | 2.34M |
| Days Inventory Outstanding | 158.25 | 98.61 | 165.66 | 99.37 | 209.27 | 244.7 | 91.96 | 75.6 | 53.92 | 39.9 | 39.83 | 35.73 | 24.92 | 22.25 | - | - | - | 115.11 |
| Other Current Assets | 0 | 3.87M | -657K | -1K | 0 | -1K | 0 | 0 | 0 | 19K | 14K | 385K | 3.67M | 493K | 0 | 0 | 0 | 12K |
| Total Non-Current Assets | 155.97M | 157.29M | 162.69M | 164.15M | 165.8M | 154.35M | 150.1M | 106.04M | 101.36M | 86.09M | 85.82M | 86.52M | 70.28M | 65.06M | 210.11M | 209.28M | 209.15M | 45.26M |
| Property, Plant & Equipment | 97.27M | 97.78M | 102.05M | 102.14M | 104.52M | 98.29M | 101.55M | 93.05M | 88.89M | 84.59M | 84.19M | 84.85M | 69.43M | 64.19M | 0 | 0 | 0 | 44.39M |
| Fixed Asset Turnover | 0.39x | 0.39x | 0.38x | 0.38x | 0.42x | 0.40x | 0.41x | 0.41x | 0.43x | 0.42x | 0.45x | 0.49x | 0.61x | 0.57x | - | - | - | 0.54x |
| Goodwill | 14.52M | 14.62M | 14.62M | 14.7M | 14.4M | 12.15M | 10.97M | 3.08M | 2.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 38.44M | 39.67M | 40.1M | 40.67M | 40.23M | 37.23M | 30.87M | 7.96M | 8.06M | 216K | 228K | 239K | 251K | 263K | 0 | 0 | 0 | 402K |
| Long-Term Investments | 3.93M | 3.84M | 4.38M | 4.44M | 4.35M | 4.26M | 3.74M | 0 | 0 | 0 | 0 | 0 | 217.78M | 0 | 210.11M | 209.28M | 209.15M | 0 |
| Other Non-Current Assets | 1.81M | 1.39M | 1.54M | 2.19M | 2.3M | 2.42M | 2.98M | 1.95M | 1.86M | 1.29M | 1.4M | 1.44M | 593K | 609K | 0 | 0 | 0 | 469K |
| Total Assets | 224.7M | 222.18M | 227.4M | 230.28M | 233.17M | 222.43M | 218.84M | 166.87M | 166.95M | 132.5M | 131.44M | 138.3M | 110.93M | 105.22M | 210.71M | 210.1M | 210.2M | 69.51M |
| Asset Turnover | 0.17x | 0.17x | 0.17x | 0.17x | 0.19x | 0.18x | 0.21x | 0.22x | 0.25x | 0.27x | 0.28x | 0.30x | 0.38x | 0.23x | 0.17x | 0.14x | 0.19x | 0.34x |
| Asset Growth % | -3.63% | -0.11% | 3.91% | 38% | 39.66% | 67.88% | 66.5% | 20.66% | 50.5% | 25.93% | -37.62% | -34.18% | -47.22% | 51.38% | - | - | - | - |
| Total Current Liabilities | 31.94M | 30.82M | 31.76M | 32.05M | 34.8M | 30.96M | 52M | 30.87M | 34.14M | 22.29M | 23.89M | 35.99M | 35.09M | 36.24M | 511.88K | 231.22K | 224.9K | 39.54M |
| Accounts Payable | 12.23M | 9.79M | 10.26M | 11.53M | 15.6M | 11.98M | 9.05M | 14.01M | 16.74M | 7.75M | 8.09M | 19.53M | 13.05M | 7.28M | 324.66K | 207.81K | 0 | 8.26M |
| Days Payables Outstanding | 89.17 | 54.46 | 99.13 | 73.82 | 161.47 | 147.7 | 66.37 | 89.24 | 80.14 | 54.39 | 87.9 | 109.26 | 63.28 | 25.79 | 1.78 | 1.47 | - | 406.25 |
| Short-Term Debt | 10.59M | 10.32M | 5.97M | 6.29M | 5.91M | 7M | 26.16M | 5M | 5M | 0 | 0 | 0 | 14.43M | 18.35M | 0 | 0 | 0 | 27.37M |
| Deferred Revenue (Current) | 840K | 0 | 0 | 0 | 675K | 675K | 675K | 0 | 44K | 1.04M | 0 | 0 | 15K | 83K | 0 | 0 | 0 | 63K |
| Other Current Liabilities | 2.77M | 10.71M | 0 | 9.26M | 4.83M | 4.51M | 5.97M | 3.07M | 2.76M | 5.08M | 5.46M | 4.39M | 7.6M | 3.67M | 324.66K | 207.81K | 0 | 2.02M |
| Current Ratio | 2.15x | 2.11x | 2.04x | 2.06x | 1.94x | 2.20x | 1.32x | 1.97x | 1.92x | 2.08x | 1.91x | 1.44x | 1.16x | 1.11x | 1.17x | 3.55x | 4.65x | 0.61x |
| Quick Ratio | 1.50x | 1.52x | 1.47x | 1.49x | 1.41x | 1.63x | 0.99x | 1.50x | 1.59x | 1.86x | 1.63x | 1.27x | 1.02x | 1.02x | 1.17x | 3.55x | 4.65x | 0.55x |
| Cash Conversion Cycle | 167.15 | 137.83 | 164.33 | 125.52 | 135.75 | 183.56 | 105.42 | 72.25 | 54.58 | 62.64 | 23.61 | -0.68 | 29.42 | 74.55 | - | - | - | 14.77 |
| Total Non-Current Liabilities | 72.33M | 68.49M | 74.52M | 75.71M | 75.67M | 71.51M | 43.66M | 43.21M | 41.3M | 21.52M | 22.68M | 21.82M | 39.23M | 19.88M | 0 | 23.41K | 0 | 18.8M |
| Long-Term Debt | 45.76M | 39.83M | 45.33M | 50.63M | 48.96M | 46.82M | 17.92M | 19.17M | 20M | 0 | 0 | 0 | 16.74M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 20.37M | 21.49M | 22.15M | 18.92M | 19.64M | 18.77M | 19.53M | 17.81M | 14.4M | 14.89M | 15.75M | 16.62M | 0 | 16.69M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 6.19M | 7.17M | 7.03M | 6.17M | 7.07M | 5.93M | 6.21M | 6.23M | 6.89M | 6.63M | 6.93M | 5.19M | 4.3M | 3.19M | 0 | 0 | 0 | 2.1M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.19M | 0 | 0 | 23.41K | 0 | 16.7M |
| Total Liabilities | 104.27M | 99.31M | 106.28M | 107.76M | 110.47M | 102.47M | 95.65M | 74.07M | 75.44M | 43.81M | 46.57M | 57.81M | 74.32M | 56.12M | 511.88K | 231.22K | 224.9K | 58.35M |
| Total Debt | 76.72M | 71.64M | 77.76M | 80.13M | 78.77M | 76.7M | 68.06M | 46.11M | 43.37M | 18.85M | 19.69M | 20.46M | 31.17M | 38.35M | 0 | 0 | 0 | 27.37M |
| Net Debt | 73.88M | 68M | 73.39M | 78.98M | 75.98M | 70.51M | 56.09M | 39.33M | 29.32M | 12.85M | 15.7M | 13.3M | 30.35M | 36M | -307.31K | -401.9K | -557.58K | 27.32M |
| Debt / Equity | 0.64x | 0.58x | 0.64x | 0.65x | 0.64x | 0.64x | 0.55x | 0.50x | 0.47x | 0.21x | 0.23x | 0.25x | 0.85x | 0.78x | - | - | - | 2.45x |
| Debt / EBITDA | 15.88x | 7.71x | 5.14x | 9.42x | 7.86x | 9.12x | 6.52x | 5.83x | 4.13x | 1.91x | 1.58x | 1.80x | 2.41x | 2.98x | - | - | - | 4.80x |
| Net Debt / EBITDA | 15.29x | 7.32x | 4.85x | 9.29x | 7.58x | 8.38x | 5.38x | 4.97x | 2.79x | 1.31x | 1.26x | 1.17x | 2.35x | 2.80x | -0.02x | -0.04x | -0.09x | 4.80x |
| Interest Coverage | -2.07x | 2.22x | 0.65x | -0.24x | -0.40x | -0.34x | 1.41x | 1.35x | 23.32x | 34.96x | 88.52x | 7.65x | 13.96x | 18.59x | 170.38x | 37.27x | - | - |
| Total Equity | 120.43M | 122.87M | 121.12M | 122.52M | 122.7M | 119.96M | 123.19M | 92.8M | 91.51M | 88.69M | 84.86M | 80.49M | 36.61M | 49.1M | 210.2M | 209.87M | 209.97M | 11.16M |
| Equity Growth % | -1.84% | 2.43% | -1.68% | 32.03% | 34.07% | 35.26% | 45.16% | 15.3% | 149.96% | 80.62% | -59.63% | -61.65% | -82.56% | 339.98% | - | - | - | - |
| Book Value per Share | 3.43 | 3.49 | 3.42 | 3.44 | 3.45 | 3.46 | 3.92 | 3.01 | 3.07 | 2.98 | 2.82 | 3.88 | 1.36 | 1.83 | 10.68 | 10.67 | 7.82 | 0.42 |
| Total Shareholders' Equity | 120.42M | 122.86M | 121.11M | 122.52M | 122.7M | 119.96M | 123.19M | 92.8M | 91.51M | 88.69M | 84.86M | 80.49M | 36.61M | 49.1M | 210.2M | 209.87M | 209.97M | 11.16M |
| Common Stock | 4K | 4K | 4K | 4K | 4K | 3K | 3K | 3K | 3K | 3K | 3K | 3K | 532K | 1K | 209.77M | 209.07M | 209.07M | 532K |
| Retained Earnings | -8.88M | -7.34M | -8.56M | -7.66M | -5.25M | -3.58M | -2.24M | -3.1M | -3.18M | -6.31M | -10.13M | -14.42M | -15.35M | -21.05M | -236.85K | -563.11K | -461.49K | -42.13M |
| Treasury Stock | -2.19M | -1.26M | -1.15M | -608K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -933K |
| Accumulated OCI | -90K | 664K | 659K | 1.26M | -935K | -1.88M | 529K | -634K | -736K | -225K | -228K | -318K | -111K | -111K | 0 | 0 | 0 | -284K |
| Minority Interest | 14K | 12K | 11K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |