Dril-Quip Balance Sheet Health
Financial Health criteria checks 6/6
Dril-Quip has a total shareholder equity of $881.3M 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 $146.9M respectively. Dril-Quip's EBIT is $1.4M making its interest coverage ratio -0.2. It has cash and short-term investments of $213.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -0.2x |
| Cash | US$213.23m |
| Equity | US$881.26m |
| Total liabilities | US$146.92m |
| Total assets | US$1.03b |
Recent financial health updates
Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Oct 28
We're Interested To See How Dril-Quip (NYSE:DRQ) Uses Its Cash Hoard To Grow
Feb 22We're Not Worried About Dril-Quip's (NYSE:DRQ) Cash Burn
Sep 29Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Mar 18Recent updates
Dril-Quip Makes Fantastic Move By Merging With Innovex Downhole Solutions
Mar 20Dril-Quip (NYSE:DRQ) Will Be Hoping To Turn Its Returns On Capital Around
Dec 15Dril-Quip: Ready For Liftoff
Nov 24Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Oct 28Dril-Quip: New Outlook And Re-Segmentation Could Push The Price Up
Aug 23Calculating The Intrinsic Value Of Dril-Quip, Inc. (NYSE:DRQ)
Jul 08We're Interested To See How Dril-Quip (NYSE:DRQ) Uses Its Cash Hoard To Grow
Feb 22Is Dril-Quip, Inc. (NYSE:DRQ) Trading At A 46% Discount?
Nov 25We're Not Worried About Dril-Quip's (NYSE:DRQ) Cash Burn
Sep 29A Look At The Fair Value Of Dril-Quip, Inc. (NYSE:DRQ)
Jun 13Calculating The Fair Value Of Dril-Quip, Inc. (NYSE:DRQ)
Mar 15Dril-Quip, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 04Dril-Quip (NYSE:DRQ) Is In A Strong Position To Grow Its Business
Mar 18If You Had Bought Dril-Quip's (NYSE:DRQ) Shares Five Years Ago You Would Be Down 44%
Jan 25Dril-Quip's Valuation Remains Robust
Dec 09What Did Dril-Quip's (NYSE:DRQ) CEO Take Home Last Year?
Dec 03
Dril-Quip, Inc. 2020 Q3 - Results - Earnings Call Presentation
Oct 30Financial Position Analysis
Short Term Liabilities: DRQ's short term assets ($719.7M) exceed its short term liabilities ($117.7M).
Long Term Liabilities: DRQ's short term assets ($719.7M) exceed its long term liabilities ($29.2M).
Debt to Equity History and Analysis
Debt Level: DRQ is debt free.
Reducing Debt: DRQ has not had any debt for past 5 years.
Debt Coverage: DRQ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DRQ has no debt, therefore coverage of interest payments is not a concern.