There are many methods in measuring the signal of cutting, but by measuring the multi-signal, we can pick up the wear and chipping of the tool more accurately. Hence, the present study is concerned with analysing the dynamic component as well as the static component measured by the tool dynamometer, finding out which signal is involved in each component, comparing the capability of the cemented carbide drill and the HSS drill, and discussing the chipping of the cemented carbide drill. In addition, discussion is made about the characteristics of the frequency of the torque and thrust in connection with the dynamic component.