Drilling Tools International Corporation (DTI)

DTI Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	6.78	6	2.35	0.05	0.14
Short-Term Investments	1.62	0.89	1.14	0.91	-
Trading Asset Securities	-	-	0.48	-	0.75
Cash & Short-Term Investments	8.4	6.89	3.97	0.96	0.89
Cash Growth	-7.39%	73.53%	313.22%	8.34%	-
Receivables	35.12	29.93	29	20.04	10.99
Inventory	15.44	7.18	3.96	2.34	2.99
Prepaid Expenses	0.75	1.66	0.71	0.74	0.8
Other Current Assets	1.12	0.75	2.52	0.17	-
Total Current Assets	60.83	46.41	40.16	24.24	15.67
Property, Plant & Equipment	93.05	84.59	64.19	44.39	59.57
Other Intangible Assets	7.96	0.22	0.26	0.4	1.55
Long-Term Deferred Charges	0.99	0.41	0.23	0.07	0.11
Other Long-Term Assets	0.96	0.88	0.38	0.4	0.39
Total Assets	166.87	132.5	105.22	69.51	77.29
Accounts Payable	14.01	7.75	7.28	8.26	5.18
Accrued Expenses	5.45	7.88	5.15	1.89	2.1
Short-Term Debt	-	-	18.35	26.43	27.27
Current Portion of Long-Term Debt	5	-	-	1.89	5.71
Current Portion of Leases	4.13	3.96	3.31	-	-
Current Income Taxes Payable	2.22	1.59	1.78	0.9	0.08
Current Unearned Revenue	0.05	1.12	0.37	0.18	0.17
Other Current Liabilities	-	-	-	-	0.08
Total Current Liabilities	30.87	22.29	36.24	39.54	40.59
Long-Term Debt	19.17	-	-	-	7.45
Long-Term Leases	17.81	14.89	16.69	-	-
Long-Term Deferred Tax Liabilities	6.23	6.63	3.19	2.11	3.45
Other Long-Term Liabilities	-	-	-	0.01	0.03
Total Liabilities	74.07	43.81	56.12	41.66	51.52
Common Stock	0	0	0	0.53	0.53
Additional Paid-In Capital	96.54	95.22	52.39	53.98	55.07
Retained Earnings	-3.11	-6.31	-21.05	-42.13	-44.24
Treasury Stock	-	-	-	-0.93	-0.93
Comprehensive Income & Other	-0.63	-0.23	-0.11	-0.28	-0.23
Total Common Equity	92.8	88.69	31.22	11.16	10.21
Shareholders' Equity	92.8	88.69	49.1	27.85	25.78
Total Liabilities & Equity	166.87	132.5	105.22	69.51	77.29
Total Debt	46.11	18.85	38.35	28.31	40.43
Net Cash (Debt)	-37.71	-11.96	-34.38	-27.35	-39.54
Net Cash Per Share	-1.25	-0.48	-1.75	-0.52	-0.76
Filing Date Shares Outstanding	34.7	29.77	52.36	52.36	52.36
Total Common Shares Outstanding	29.86	29.77	52.36	52.36	52.36
Working Capital	29.97	24.12	3.92	-15.3	-24.92
Book Value Per Share	3.11	2.98	0.60	0.21	0.19
Tangible Book Value	81.76	88.47	30.96	10.76	8.66
Tangible Book Value Per Share	2.74	2.97	0.59	0.21	0.17
Land	-	-	-	0.9	1.8
Buildings	6.74	6.67	5.78	5.18	9.9
Machinery	201.45	192.13	163.9	155.8	156.71
Construction In Progress	0.01	-	0.01	0.17	-

Source: S&P Capital IQ. Standard template. Financial Sources.