Drilling Tools International (DTI) Interest Coverage Ratio (2022 - 2024)
Drilling Tools International (DTI) recorded quarterly Interest Coverage Ratio of 0.8 in Q4 2024, down 53.96% quarter-over-quarter from 1.74 in Q3 2024, and down 96.66% on a YoY basis from 23.96 in Q1 2024.
Drilling Tools International (DTI) Interest Coverage Ratio (2022 - 2024) Analysis & Trends
Drilling Tools International's Interest Coverage Ratio history runs 3 years deep, the most recent figure standing at 0.8 for Q4 2024.
- In Q4 2024, Interest Coverage Ratio fell 96.66% year-over-year to 0.8; the TTM figure through Sep 2025 stood at 1.21 (down 132.36% YoY), while the FY2024 annual figure was 1.79, down 59.21% from the prior year.
- Interest Coverage Ratio was 0.8 for Q4 2024 at Drilling Tools International, down from 1.74 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 349.91 in Q2 2022 to a low of 0.8 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 60.93 across 3 years, with a median of 23.96 in 2023.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio slumped 99.57% in 2023, then declined 11.57% in 2024.
- A 3-year view of Interest Coverage Ratio shows it stood at 45.43 in 2022, then sank by 47.26% to 23.96 in 2023, then slumped by 96.66% to 0.8 in 2024.
- The last three Interest Coverage Ratio figures came in at 0.8 (Q4 2024), 1.74 (Q3 2024), and 1.34 (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 38.03 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | - |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 21.16 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.14 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 5.10 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | Drilling Tools International | 95.52 Mn | 92.69 Mn | 35.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.80 |
| Sep 30, 2024 | 1.74 |
| Jun 30, 2024 | 1.34 |
| Dec 31, 2023 | 23.96 |
| Sep 30, 2023 | 52.83 |
| Jun 30, 2023 | 1.51 |
| Dec 31, 2022 | 45.43 |
| Sep 30, 2022 | 70.85 |
| Jun 30, 2022 | 349.91 |