Patterson-UTI Interest Expense from 2010 to 2026
| PE1 Stock | EUR 7.05 0.25 3.68% |
Interest Expense | First Reported 2016-12-31 | Previous Quarter 17.5 M | Current Value 17.7 M | Quarterly Volatility 4.5 M |
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.
Patterson-UTI | Interest Expense |
The Interest Expense 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 Interest Expense Growth Pattern
Below is the plot of the Interest Expense of Patterson UTI Energy over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Patterson-UTI Energy's Interest Expense 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.
| Interest Expense | 10 Years Trend |
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Interest Expense |
| Timeline |
Patterson-UTI Interest Expense Regression Statistics
| Arithmetic Mean | 28,584,136 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 103.78 | |
| Mean Deviation | 26,902,716 | |
| Median | 40,256,000 | |
| Standard Deviation | 29,665,977 | |
| Sample Variance | 880.1T | |
| Range | 75.2M | |
| R-Value | 0.82 | |
| Mean Square Error | 311.1T | |
| R-Squared | 0.67 | |
| Significance | 0.000061 | |
| Slope | 4,803,462 | |
| Total Sum of Squares | 14081.1T |
Patterson-UTI Interest Expense History
About Patterson-UTI Energy Financial Statements
Patterson-UTI Energy stakeholders use historical fundamental indicators, such as Patterson-UTI Energy's Interest Expense, 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 Reported | Projected for Next Year | ||
| Interest Expense | 70.5 M | 40.8 M |
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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.