Dril-Quip Balance Sheet Health
Financial Health criteria checks 6/6
Dril-Quip has a total shareholder equity of $857.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.0B and $163.7M respectively. Dril-Quip's EBIT is $161.0K making its interest coverage ratio -0. It has cash and short-term investments of $202.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -0.02x |
Cash | US$202.21m |
Equity | US$857.36m |
Total liabilities | US$163.66m |
Total assets | US$1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DQU's short term assets ($715.1M) exceed its short term liabilities ($133.6M).
Long Term Liabilities: DQU's short term assets ($715.1M) exceed its long term liabilities ($30.1M).
Debt to Equity History and Analysis
Debt Level: DQU is debt free.
Reducing Debt: DQU has not had any debt for past 5 years.
Debt Coverage: DQU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DQU has no debt, therefore coverage of interest payments is not a concern.