What is Drilling Tools International Gross-Profit-to-Asset %?
Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Drilling Tools International's annualizedGross Profit for the quarter that ended in Sep. 2024 was $96.4 Mil.
Drilling Tools International's average Total Assets over the quarter that ended in Sep. 2024 was $192.9 Mil. Therefore, Drilling Tools International's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 50.00%.
Drilling Tools International Gross-Profit-to-Asset % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Drilling Tools International Gross-Profit-to-Asset % Chart
Competitive Comparison of Drilling Tools International's Gross-Profit-to-Asset %
For the Oil & Gas Equipment & Services subindustry, Drilling Tools International's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Drilling Tools International's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Drilling Tools International's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Drilling Tools International's Gross-Profit-to-Asset % falls into.
Drilling Tools International Gross-Profit-to-Asset % Calculation
Drilling Tools International's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Sep. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Drilling Tools International Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Drilling Tools International's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Drilling Tools International Corp manufactures, rents, inspects, and refurbishes downhole drilling tools primarily to companies in the oil and natural gas industry for bottom hole assemblies used in onshore and offshore horizontal and directional drilling. The Company's United States operations have locations in Texas, California, Louisiana, Oklahoma, Pennsylvania, North Dakota, New Mexico, Utah, and Wyoming. The Company's international operations are located in Canada with additional stocking points in Europe and the Middle East.
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