Precision Capital Expenditures from 2010 to 2024

PDS Stock  USD 66.38  0.25  0.38%   
Precision Drilling Capital Expenditures yearly trend continues to be comparatively stable with very little volatility. Capital Expenditures is likely to outpace its year average in 2024. From the period from 2010 to 2024, Precision Drilling Capital Expenditures quarterly data regression had r-value of (0.54) and coefficient of variation of  90.32. View All Fundamentals
 
Capital Expenditures  
First Reported
1995-06-30
Previous Quarter
38.4 M
Current Value
63.8 M
Quarterly Volatility
77.3 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 233.5 M, Interest Expense of 118 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0612 or PTB Ratio of 0.6. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
Check out the analysis of Precision Drilling Correlation against competitors.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.

Latest Precision Drilling's Capital Expenditures Growth Pattern

Below is the plot of the Capital Expenditures of Precision Drilling over the last few years. Capital Expenditures are funds used by Precision Drilling to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Precision Drilling operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software. It is Precision Drilling's Capital Expenditures 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.
Capital Expenditures10 Years Trend
Slightly volatile
   Capital Expenditures   
       Timeline  

Precision Capital Expenditures Regression Statistics

Arithmetic Mean323,104,781
Geometric Mean208,484,193
Coefficient Of Variation90.32
Mean Deviation244,012,546
Median203,472,000
Standard Deviation291,835,181
Sample Variance85167.8T
Range843.8M
R-Value(0.54)
Mean Square Error65301T
R-Squared0.29
Significance0.04
Slope(35,022,196)
Total Sum of Squares1192348.8T

Precision Capital Expenditures History

2024239.8 M
2023226.7 M
2022184.2 M
202175.9 M
202061.6 M
2019160.7 M
2018126.1 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Capital Expenditures, to determine how well the company is positioned to perform in the future. Although Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Expenditures226.7 M239.8 M

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Additional Tools for Precision Stock Analysis

When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.