Precision Current Deferred Revenue from 2010 to 2026

PD Stock  CAD 99.20  0.84  0.84%   
Precision Drilling Current Deferred Revenue yearly trend continues to be very stable with very little volatility. Current Deferred Revenue is likely to grow to about 49.2 M this year. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2010-12-31
Previous Quarter
32.5 M
Current Value
49.2 M
Quarterly Volatility
49.7 M
 
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 Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Precision Drilling over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Precision Drilling's Current Deferred Revenue 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.
Current Deferred Revenue10 Years Trend
Pretty Stable
   Current Deferred Revenue   
       Timeline  

Precision Current Deferred Revenue Regression Statistics

Arithmetic Mean16,244,333
Coefficient Of Variation305.72
Mean Deviation29,472,273
Median(3,026,000)
Standard Deviation49,662,145
Sample Variance2466.3T
Range200.6M
R-Value(0.18)
Mean Square Error2550T
R-Squared0.03
Significance0.50
Slope(1,722,981)
Total Sum of Squares39461.3T

Precision Current Deferred Revenue History

202649.2 M
202532.5 M
202436.2 M
2011-3 M
2010197.6 M

About Precision Drilling Financial Statements

Precision Drilling investors utilize fundamental indicators, such as Current Deferred Revenue, 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
Current Deferred Revenue32.5 M49.2 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.