Precision Intangible Assets from 2010 to 2026

PD Stock  CAD 102.16  3.23  3.26%   
Precision Drilling Intangible Assets yearly trend continues to be very stable with very little volatility. Intangible Assets are likely to drop to about 11.1 M. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
1996-09-30
Previous Quarter
11.2 M
Current Value
10.4 M
Quarterly Volatility
244 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Precision Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 237.8 M, Interest Expense of 117.8 M or Selling General Administrative of 113.7 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.032 or PTB Ratio of 0.81. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
This module can also supplement various Precision Drilling Technical models . Check out the analysis of Precision Drilling Correlation against competitors.
To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.

Latest Precision Drilling's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Precision Drilling over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Precision Drilling's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Pretty Stable
   Intangible Assets   
       Timeline  

Precision Intangible Assets Regression Statistics

Arithmetic Mean18,670,926
Geometric Mean12,567,369
Coefficient Of Variation92.77
Mean Deviation12,602,650
Median12,997,000
Standard Deviation17,321,021
Sample Variance300T
Range68.1M
R-Value(0.11)
Mean Square Error315.9T
R-Squared0.01
Significance0.67
Slope(387,984)
Total Sum of Squares4800.3T

Precision Intangible Assets History

202611.1 M
202511.7 M
202413 M
202317.3 M
202219.6 M
202123.9 M
202027.7 M

About Precision Drilling Financial Statements

Precision Drilling investors utilize fundamental indicators, such as Intangible Assets, to predict how Precision Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Intangible Assets11.7 M11.1 M
When determining whether Precision Drilling is a strong investment it is important to analyze Precision Drilling's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Precision Drilling's future performance. For an informed investment choice regarding Precision Stock, refer to the following important reports:
Check out the analysis of Precision Drilling Correlation against competitors.
To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Please note, there is a significant difference between Precision Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.