Debt to Equity Ratio Analysis of Dril-Quip Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0024
Period Ending - Dec-22
Excellent Debt to Equity
0.0012
Growth
99.50 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0027
Debt to Equity Analysis of Dril-Quip Inc
| Debt to Equity Ratio 0.0024 of Dril-Quip Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of DRQ rose handsomely by 99.50 % this year. |
| Debt to Equity Ratio of DRQ trending up for at least three Years. |
| Debt to Equity Ratio with value of 0.0011 was lowest in Year Dec-20 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.0024 is Greater than Average Debt to Equity of 0.0014 in last five years. |
Other Debt to Equity Related Info of DRQ that may interest you.
Dril-Quip Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DRQ | 19.34 | 18.67 | 3.59 % | Oil & Gas Equipment & Services |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Debt to Equity Ratio of Dril-Quip Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.0024 | 0.0012 | 0.0012 | 0.0011 | 0.0012 | 0.0157 | 0.0306 |
| Change | 99.50 % | 3.32 % | 9.40 % | -11.54 % | -92.35 % | -48.58 % | 22.36 % |
FY Chart of Debt to Equity Ratio of Dril-Quip Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)