Dril-Quip, Inc. (DRQ)

Dril-Quip Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	198.2	187.32	259.41	355.45	345.96	398.95
Short-Term Investments	4.02	25.91	32.23	-	-	-
Cash & Short-Term Investments	202.21	213.23	291.64	355.45	345.96	398.95
Cash Growth	-20.47%	-26.89%	-17.95%	2.74%	-13.28%	-4.58%
Receivables	276.75	284	235.29	203.58	256.52	248.16
Inventory	209.16	194.59	146	145.72	212.54	205.06
Prepaid Expenses	13.13	14.12	19.87	9.62	48.18	28.32
Restricted Cash	4.1	4.08	5.4	-	-	-
Other Current Assets	9.8	9.7	51.82	31.17	-	-
Total Current Assets	715.15	719.72	750.02	745.55	863.19	880.49
Property, Plant & Equipment	231.62	235.06	186.27	221.62	242.01	264.08
Goodwill	16.29	16.65	-	-	-	7.95
Other Intangible Assets	40.25	41.94	23.31	26.34	29.25	32.07
Long-Term Deferred Tax Assets	9.66	8.99	4.49	11.38	5.77	8.94
Long-Term Deferred Charges	-	-	0.04	0.11	0.19	0.18
Other Long-Term Assets	8.06	5.82	5.82	5.43	10.76	12.87
Total Assets	1,021	1,028	969.95	1,010	1,151	1,207
Accounts Payable	62.91	65.7	43.02	35.23	37.42	46.32
Accrued Expenses	54.45	35.55	27.74	40.41	31.16	37.61
Current Portion of Leases	2.3	2.31	1.1	1.17	1.25	1.54
Current Income Taxes Payable	7.06	5.94	4.87	4.1	4.34	4.56
Current Unearned Revenue	6.84	7.58	8.02	9.75	11.34	6.9
Other Current Liabilities	-	0.63	2.81	3	-	-
Total Current Liabilities	133.56	117.7	87.56	93.66	85.51	96.94
Long-Term Leases	14.54	15.47	3.91	4.22	5.94	4.03
Long-Term Deferred Tax Liabilities	10.33	10.56	3.76	3.93	6.78	4.15
Other Long-Term Liabilities	5.24	3.19	2.38	11.51	11.42	10.75
Total Liabilities	163.66	146.92	97.6	113.32	109.64	115.86
Common Stock	0.34	0.34	0.34	0.35	0.36	0.37
Additional Paid-In Capital	103.03	100.29	90.45	80.25	65.61	52.87
Retained Earnings	930.79	950.72	950.17	973.09	1,125	1,181
Comprensive Income & Other	-176.79	-170.09	-168.61	-156.59	-149.71	-143.56
Shareholders' Equity	857.36	881.26	872.35	897.11	1,042	1,091
Total Liabilities & Equity	1,021	1,028	969.95	1,010	1,151	1,207
Total Debt	16.84	17.78	5	5.4	7.19	5.57
Net Cash (Debt)	185.37	195.46	286.64	350.06	338.77	393.38
Net Cash Growth	-25.21%	-31.81%	-18.12%	3.33%	-13.88%	-5.91%
Net Cash Per Share	5.41	5.67	8.37	9.91	9.61	10.88
Filing Date Shares Outstanding	34.42	34.41	34.17	34.79	35.43	35.87
Total Common Shares Outstanding	34.42	34.39	34.16	34.77	35.42	35.86
Working Capital	581.59	602.01	662.47	651.89	777.68	783.55
Book Value Per Share	24.91	25.63	25.54	25.80	29.41	30.42
Tangible Book Value	800.83	822.67	849.04	870.77	1,012	1,051
Tangible Book Value Per Share	23.27	23.92	24.86	25.04	28.58	29.30
Land	-	10.36	9.86	12.26	12.41	12.55
Buildings	-	174.09	169.32	206.04	206.73	213.71
Machinery	-	440.01	385.75	399	390.8	382.84
Construction In Progress	-	25.05	19.96	11.37	16.6	12.98
Order Backlog	-	262.78	240.87	-	-	-

Source: S&P Capital IQ. Standard template.