Superior Drilling Products, Inc.

Superior Drilling Products, Inc.verified

SDPI

Price:

$1.23

Market Cap:

$37.38M

Superior Drilling Products, Inc., a drilling and completion tool technology company, innovates, designs, engineers, manufactures, sells, rents, and repairs drilling and completion tools in the United States, Canada, the Middle East, and Eastern Europe. Its drilling solutions include Drill-N-Ream, a dual-section wellbore conditioning tool; Strider, a drill string oscillation system technology; and V-Stream, an advanced conditioning system. The company also engages in the manufacture and refurbishment of polycrystalline diamond compact drill bits for an oil field services company. It serves oil and natural gas drilling industry. The company was formerly known as SD Company, Inc. and changed it...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2014-05-23

Stock Exchange

AMEX

Ticker

SDPI

The Current Ratio as of July 2024 (TTM) for Superior Drilling Products, Inc. (SDPI) is 1.79

According to Superior Drilling Products, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.79. This represents a change of -9.16% compared to the average of 1.97 of the last 4 quarters.

Superior Drilling Products, Inc. (SDPI) Historical Current Ratio (quarterly & annually)

How has SDPI Current Ratio performed in the past?

The mean historical Current Ratio of Superior Drilling Products, Inc. over the last ten years is 1.41. The current 1.79 Current Ratio has changed 12.55% with respect to the historical average. Over the past ten years (40 quarters), SDPI's Current Ratio was at its highest in in the December 2023 quarter at 2.29. The Current Ratio was at its lowest in in the June 2016 quarter at 0.34.

Quarterly (TTM)
Annual

Average

1.41

Median

1.36

Minimum

0.83

Maximum

2.29

Superior Drilling Products, Inc. (SDPI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Superior Drilling Products, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 116.18%

Maximum Annual Current Ratio = 2.29

Minimum Annual Increase = -42.27%

Minimum Annual Current Ratio = 0.83

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.297.62%
20222.1318.41%
20211.8026.72%
20201.4224.36%
20191.14-11.72%
20181.2956.21%
20170.83-42.27%
20161.4350.31%
20150.9515.30%
20140.83116.18%

Superior Drilling Products, Inc. (SDPI) Average Current Ratio

How has SDPI Current Ratio performed in the past?

The current Current Ratio of Superior Drilling Products, Inc. (SDPI) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.08

5-year avg

1.76

10-year avg

1.41

Superior Drilling Products, Inc. (SDPI) Current Ratio vs. Peers

How is SDPI’s Current Ratio compared to its peers?

Superior Drilling Products, Inc.’s Current Ratio is less than Geospace Technologies Corporation (6.11), greater than Enerflex Ltd. (1.16), greater than MRC Global Inc. (1.48), less than NOW Inc. (2.26), less than KLX Energy Services Holdings, Inc. (0), greater than Enservco Corporation (1.72), greater than NexTier Oilfield Solutions Inc. (0.54), greater than RPC, Inc. (1.37), less than CSI Compressco LP (4.75), greater than North American Construction Group Ltd. (1.71), greater than Natural Gas Services Group, Inc. (1.04), less than Dril-Quip, Inc. (3.23), less than Forum Energy Technologies, Inc. (5.35), less than null (2.83),

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