Superior Drilling Products, Inc.
Industrials · Oil & Gas Field Machinery & Equipment · UT · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $21.0M | $19.1M | $13.3M | $10.5M | $19.0M | $18.2M |
| Operating income | $1.8M | $1.9M | −$586,751 | −$3.8M | −$901,767 | $300,205 |
| Net income | $7.4M | $1.1M | −$529,801 | −$3.4M | −$936,423 | −$58,375 |
| Total assets | $27.0M | $17.6M | $14.6M | $13.0M | $16.8M | $19.6M |
| Total liabilities | $10.4M | $9.5M | $8.5M | $8.8M | $9.7M | $12.2M |
| Equity | $16.7M | $8.1M | $6.1M | $4.2M | $7.1M | $7.4M |
| EPS (diluted) | $0.25 | $0.04 | $-0.02 | $-0.13 | $-0.04 | $0.00 |
| Shares out. | 29.2M | 28.2M | 25.8M | 25.4M | 25.0M | 24.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- 8.5%
- Net margin
- 35.5%
- Return on equity
- 44.6%
- Return on assets
- 27.5%
- Return on capital (ROCE)
- 7.7%
- Liabilities / assets
- 38.4%
- Debt / equity
- 0.62×
- Book value / share
- $0.57
- Revenue growth (YoY)
- 9.8%
- Net income growth (YoY)
- 598.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- -0.11distress
- Accruals / assets
- 15.7%high accruals
- Beneish M-Score
- 0.03elevated
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 2 warning● 5 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High accruals — earnings-quality risk
- Beneish M-Score elevated — earnings-manipulation screen flag
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 14, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2016
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ronca Michael VDirector | Aug 1, 2024 | D | 603,806 | — |
| Lines James RDirector | Aug 1, 2024 | D | 507,894 | — |
| Meier G. TroyOfficer — Chief Executive Officer | Aug 1, 2024 | D | 11.6M | — |
| Cashion ChristopherOfficer — Chief Financial Officer | Aug 1, 2024 | D | 1.0M | — |
| Iversen RobertDirector | Aug 1, 2024 | D | 663,279 | — |
| Meier AnnetteOfficer — President | Aug 1, 2024 | D | 11.2M | — |
| Eberwein Jeffrey E.10% owner | May 10, 2024 | Sell | 5,676 | $1.25 |
| Eberwein Jeffrey E.10% owner | Aug 11, 2023 | Sell | 5,262 | $1.34 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Shareholder vote · Other material eventJul 30, 2024
- Regulation FD disclosureJul 25, 2024
- Results of operationsMay 14, 2024
- Entered a material agreementApr 1, 2024
- Results of operationsMar 7, 2024
- Entered a material agreement · Other material eventMar 7, 2024
- Results of operationsNov 9, 2023
- Results of operationsAug 14, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.