Precision Interest Expense from 2010 to 2026

PDS Stock  USD 87.35  4.40  5.30%   
Precision Drilling Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense will likely drop to about 54.3 M in 2026. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1995-06-30
Previous Quarter
13.8 M
Current Value
12.8 M
Quarterly Volatility
107.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
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 237.7 M, Interest Expense of 54.3 M or Total Revenue of 1.6 B, 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.
  
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The evolution of Interest Expense for Precision Drilling provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Precision Drilling compares to historical norms and industry peers.

Latest Precision Drilling's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Precision Drilling over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Precision Drilling's Interest Expense 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.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

Precision Interest Expense Regression Statistics

Arithmetic Mean94,547,047
Geometric Mean75,612,781
Coefficient Of Variation37.68
Mean Deviation26,716,074
Median91,431,000
Standard Deviation35,625,527
Sample Variance1269.2T
Range144.9M
R-Value(0.14)
Mean Square Error1326.6T
R-Squared0.02
Significance0.59
Slope(999,426)
Total Sum of Squares20306.9T

Precision Interest Expense History

202654.3 M
202557.2 M
202468.3 M
202384.8 M
202287.8 M
202191.4 M
2020107.5 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Interest Expense, 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
Interest Expense57.2 M54.3 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.