Drilling Tools International (DTI) Short-term Investments (2022 - 2024)

Drilling Tools International (DTI) recorded quarterly Short-term Investments of $1.6 million in Q2 2024, up 42.22% quarter-over-quarter from $1.1 million in Q1 2024, and up 5.69% on a YoY basis from $1.5 million in Q3 2023.

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 was $1.6 million for Q2 2024 at Drilling Tools International, up from $1.1 million in the prior quarter.
  • In the past five years, Short-term Investments ranged from a high of $1.6 million in Q2 2024 to a low of $888000.0 in Q4 2023.
  • Historically, Short-term Investments has averaged $1.2 million across 3 years, with a median of $1.1 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Short-term Investments retreated 22.31% in 2023, then gained 5.69% in 2024.
  • A 3-year view of Short-term Investments shows it stood at $1.1 million in 2022, then declined by 22.31% to $888000.0 in 2023, then soared by 82.09% to $1.6 million in 2024.
  • The last three Short-term Investments figures came in at $1.6 million (Q2 2024), $1.1 million (Q1 2024), and $888000.0 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn
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
5 Enerflex 8.62 Bn 8.57 Bn -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn
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
DateValue
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