![]() This results in cash-per-share (CPS) ratio of 9.3. The entity has 34.17 M outstanding shares of which 1.65 M shares are currently shorted by investors with about 6.47 days to cover.ĭril Quip has about 264.8 M in cash with (36.77 M) of positive cash flow from operations. Dril-Quip runs under Energy Equipment & Services sector within Energy industry. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. As of 2023 July 18, Tuesday current price of DRQ stock is 24.990 and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception). To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. To calculate Dril Quip's market, we take the total number of its shares issued and multiply it by Dril Quip's current market price. Market capitalization usually refers to the total value of a company's stock within the entire market. The company currently falls under 'Small-Cap' category with a total capitalization of 943.51 M. Dril Quip is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. Dril-Quip Stock (NYSE:DRQ), Guidance and Forecast - Benzinga 1.2488 DIA 341.17 TLT Dril-Quip Inc (NYSE:DRQ) 24.52 0 0.00 At close: Jun 12 25.00 0.4800 1.96 PreMarket: 9:30AM. It is located in 6401 North Eldridge Parkway, Houston, TX, United States, 77041 and employs 1,000 people. Operating Cash Flowĭril Quip (DRQ) is traded on New York Stock Exchange in USA. When we think about Dril Quip's use of debt, we should always consider it together with cash and equity. Debt, in this case, can be an excellent and much better tool for Dril to invest in growth at high rates of return. However, a more frequent occurrence is when companies like Dril-Quip sell additional shares at bargain prices, diluting existing shareholders. So, Dril Quip's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. Debt can assist Dril Quip until it has trouble settling it off, either with new capital or with free cash flow. Dril-Quip has a current ratio of 8.18, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. The company has 4.86 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. ![]() 2007 Note: Financial information for 2007 U.S. It can also help you figure out where your money is going and how much cash you have available at a given moment. DRIL-QUIP INC Industry Group Code: 213111 Ranks within this company's industry. Dril Quip cash flow analysis is essential to understand how it generates and spends money over a specific period.
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