Patterson-UTI Intangible Assets from 2010 to 2026

PE1 Stock  EUR 6.70  0.35  4.96%   
Patterson-UTI Energy's Intangible Assets are increasing over the last several years with slightly volatile swings. Intangible Assets are estimated to finish at about 855.6 M this year. 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
2016-12-31
Previous Quarter
843 M
Current Value
814.8 M
Quarterly Volatility
419.1 M
 
Covid
 
Interest Hikes
Check Patterson-UTI Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patterson-UTI Energy's main balance sheet or income statement drivers, such as Interest Expense of 40.8 M, Selling General Administrative of 146.5 M or Total Revenue of 3.1 B, as well as many indicators such as . Patterson-UTI financial statements analysis is a perfect complement when working with Patterson-UTI Energy Valuation or Volatility modules.
  
This module can also supplement various Patterson-UTI Energy Technical models . Check out the analysis of Patterson-UTI Energy Correlation against competitors.
For more detail on how to invest in Patterson-UTI Stock please use our How to Invest in Patterson-UTI Energy guide.
The Intangible Assets trend for Patterson UTI Energy offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Patterson-UTI Energy is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Patterson-UTI Energy's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Patterson UTI Energy 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. Patterson-UTI Energy's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patterson-UTI Energy's overall financial position and show how it may be relating to other accounts over time.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Patterson-UTI Intangible Assets Regression Statistics

Arithmetic Mean233,427,088
Geometric Mean37,499,969
Coefficient Of Variation167.87
Mean Deviation319,759,900
Median10,018,000
Standard Deviation391,843,628
Sample Variance153541.4T
Range1B
R-Value0.73
Mean Square Error76124.5T
R-Squared0.54
Significance0.0008
Slope56,767,402
Total Sum of Squares2456662.9T

Patterson-UTI Intangible Assets History

2026855.6 M
2025814.8 M
2024929.6 M
20231.1 B
20225.8 M
20217.5 M
202030.1 M

About Patterson-UTI Energy Financial Statements

Patterson-UTI Energy stakeholders use historical fundamental indicators, such as Patterson-UTI Energy's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Patterson-UTI Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Patterson-UTI Energy's assets and liabilities are reflected in the revenues and expenses on Patterson-UTI Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Patterson UTI Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Intangible Assets814.8 M855.6 M

Currently Active Assets on Macroaxis

When determining whether Patterson UTI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson-UTI Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Patterson Uti Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Uti Energy Stock:
Check out the analysis of Patterson-UTI Energy Correlation against competitors.
For more detail on how to invest in Patterson-UTI Stock please use our How to Invest in Patterson-UTI Energy guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
It's important to distinguish between Patterson-UTI Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Patterson-UTI Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Patterson-UTI Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.