Drilling Tools International (DTI) Short-term Investments (2022 - 2024)
Drilling Tools International (DTI) posted quarterly Short-term Investments of $1.6 million for Q2 2024, up 5.69% year-over-year from $1.5 million in Q3 2023, and up 42.22% quarter-over-quarter from $1.1 million in Q1 2024.
Drilling Tools International (DTI) Short-term Investments (2022 - 2024) Analysis & Trends
Drilling Tools International's Short-term Investments history runs 3 years deep, the most recent figure standing at $1.6 million for Q2 2024.
- In Q2 2024, Short-term Investments rose 5.69% year-over-year to $1.6 million; the TTM figure through Jun 2024 stood at $1.6 million (up 5.69% YoY), while the FY2023 annual figure was $888000.0, down 22.31% from the prior year.
- Short-term Investments for Q2 2024 stood at $1.6 million, up from $1.1 million in the prior quarter.
- The five-year high for Short-term Investments was $1.6 million in Q2 2024, with the low at $888000.0 in Q4 2023.
- The 3-year median for Short-term Investments is $1.1 million (2022), against an average of $1.2 million.
- The sharpest annual moves came in 2023 and 2024: Short-term Investments fell 22.31% in 2023, then rose 5.69% in 2024.
- Drilling Tools International's Short-term Investments stood at $1.1 million in 2022, then dropped by 22.31% to $888000.0 in 2023, then surged by 82.09% to $1.6 million in 2024.
- Business Quant data shows DTI's Short-term Investments at $1.6 million in Q2 2024, $1.1 million in Q1 2024, and $888000.0 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Drilling Tools International | 92.60 Mn | 90.08 Mn | 24.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 1.62 Mn |
| Mar 31, 2024 | 1.14 Mn |
| Dec 31, 2023 | 888,000.00 |
| Sep 30, 2023 | 995,000.00 |
| Jun 30, 2023 | 1.53 Mn |
| Dec 31, 2022 | 1.14 Mn |