Dril-Quip Financial Health
How is Dril-Quip's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: DRQ's short term assets ($747.9M) exceed its short term liabilities ($84.9M).
Long Term Liabilities: DRQ's short term assets ($747.9M) exceed its long term liabilities ($20.0M).
Debt to Equity History and Analysis
Debt Level: DRQ is debt free.
Reducing Debt: DRQ has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: DRQ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DRQ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.