Drilling Tools International (DTI) Balance Sheet: Assets & Liabilities

Drilling Tools International (DTI) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Drilling Tools International reported total assets of $222.18M and total liabilities of $99.31M. Shareholders' equity was $122.87M, up 2.4% from $119.96M a year earlier. Total debt stood at $45.82M against $3.65M in cash and short-term investments, a net debt position of $42.17M. That puts debt-to-equity at 0.37, compared with 0.45 a year earlier.

Drilling Tools International Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Drilling Tools International Corporation (DTI) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	3.65	6.19	6.00	2.35	0.05	0.14
Short-Term Investments	0.00	0.00	0.89	1.14	0.91	-
Cash & Short-Term Investments	3.65	6.19	6.89	3.50	0.96	0.89
Accounts Receivable	37.68	39.61	29.93	29.00	20.04	10.99
Inventory	19.17	17.50	5.03	3.28	2.34	2.99
Other Current Assets	3.87	0.00	4.55	0.02	0.91	0.80
Total Current Assets	64.89	68.08	46.41	40.16	24.24	15.67
Non-Current Assets
Property, Plant & Equipment (Net)	97.78	98.29	84.59	64.19	44.39	59.57
Long-Term Investments	3.84	4.26	0.00	0.00	0.00	-
Goodwill	14.62	12.15	0.00	0.00	0.00	-
Intangible Assets	39.67	37.23	0.22	0.26	0.40	1.55
Other Non-Current Assets	5.22	1.61	1.29	0.38	0.47	0.39
Total Non-Current Assets	157.29	154.36	86.09	65.06	45.26	-
Total Assets	222.18	222.43	132.50	105.22	69.51	77.29
Current Liabilities
Accounts Payable	9.79	11.98	7.75	7.28	8.26	5.18
Short-Term Debt	5.99	7.00	3.96	18.35	27.37	5.71
Current Portion of Long-Term Debt	5.99	7.00	-	-	1.89	5.71
Accrued Liabilities	10.71	1.95	10.58	1.13	0.48	2.10
Deferred Revenue	0.72	0.68	1.04	0.08	0.06	0.17
Other Current Liabilities	0.14	0.01	7.82	0.28	2.50	0.08
Total Current Liabilities	30.82	30.96	22.29	36.24	39.54	40.59
Non-Current Liabilities
Long-Term Debt	39.83	46.82	14.89	16.69	0.00	7.45
Deferred Tax Liabilities	7.17	5.93	6.63	3.19	2.11	3.45
Other Non-Current Liabilities	7.17	0.00	0.00	0.00	16.70	0.03
Total Non-Current Liabilities	68.49	71.51	21.52	19.88	18.80	-
Total Liabilities	99.31	102.47	43.81	56.12	58.35	51.52
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.53	0.53
Retained Earnings	-7.34	-3.58	-6.31	-21.05	-42.13	-44.24
Accumulated Other Comprehensive Income	0.66	-1.88	-0.23	-0.11	-0.28	-0.23
Treasury Stock	1.27	-	-	-	0.93	-
Additional Paid-in Capital	130.80	125.42	95.22	52.39	53.05	-
Minority Interest	0.01	0.00	0.00	0.00	0.00	-
Shares Outstanding	35.16	34.70	29.77	29.77	29.77	-
Total Stockholders' Equity	122.87	119.96	88.69	49.10	11.16	25.78
Total Liabilities & Equity	222.18	222.43	132.50	105.22	69.51	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Drilling Tools International Balance Sheet

How much debt does Drilling Tools International have?

Drilling Tools International had total debt of $45.82M as of Dec 31, 2025, against $3.65M in cash and short-term investments. Its debt-to-equity ratio was 0.37. Total debt was $53.81M a year earlier.

What are Drilling Tools International's total assets?

Drilling Tools International reported total assets of $222.18M as of Dec 31, 2025, down 0.1% from $222.43M a year earlier. Total liabilities were $99.31M.

What is Drilling Tools International's shareholders' equity?

Drilling Tools International's shareholders' equity was $122.87M as of Dec 31, 2025, or about $3.50 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition