Precision Total Assets from 2010 to 2026

PD Stock  CAD 102.22  0.78  0.76%   
Precision Drilling Total Assets yearly trend continues to be very stable with very little volatility. Total Assets are likely to drop to about 3.3 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1995-06-30
Previous Quarter
2.7 B
Current Value
2.8 B
Quarterly Volatility
1.3 B
 
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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Precision Drilling over the last few years. Total assets refers to the total amount of Precision Drilling assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Precision Drilling books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Precision Drilling's Total 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.
ViewLast Reported 2.96 B10 Years Trend
Pretty Stable
   Total Assets   
       Timeline  

Precision Total Assets Regression Statistics

Arithmetic Mean3,525,612,058
Geometric Mean3,057,141,529
Coefficient Of Variation33.11
Mean Deviation840,380,887
Median3,399,762,250
Standard Deviation1,167,366,923
Sample Variance1362745.5T
Range5.1B
R-Value(0.19)
Mean Square Error1402507.8T
R-Squared0.04
Significance0.47
Slope(43,338,366)
Total Sum of Squares21803928.5T

Precision Total Assets History

20263.3 B
20253.4 B
2024B
2023B
20222.9 B
20212.7 B
20202.9 B

About Precision Drilling Financial Statements

Precision Drilling investors utilize fundamental indicators, such as Total 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
Total Assets3.4 B3.3 B
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.