Patterson-UTI Total Assets from 2010 to 2026

PE1 Stock  EUR 6.70  0.35  4.96%   
Patterson-UTI Energy's Total Assets are decreasing over the last several years with very volatile swings. Total Assets are predicted to flatten to about 5.3 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
2016-12-31
Previous Quarter
5.5 B
Current Value
5.6 B
Quarterly Volatility
1.4 B
 
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 Total 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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Patterson UTI Energy over the last few years. Total assets refers to the total amount of Patterson-UTI Energy 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 Patterson UTI Energy 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. Patterson-UTI Energy's Total 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.
ViewLast Reported 5.57 B10 Years Trend
Very volatile
   Total Assets   
       Timeline  

Patterson-UTI Total Assets Regression Statistics

Arithmetic Mean4,969,360,172
Geometric Mean4,834,134,448
Coefficient Of Variation23.05
Mean Deviation899,025,416
Median5,394,011,000
Standard Deviation1,145,271,908
Sample Variance1311647.7T
Range4.5B
R-Value(0.03)
Mean Square Error1397678T
R-Squared0
Significance0.90
Slope(7,207,217)
Total Sum of Squares20986363.9T

Patterson-UTI Total Assets History

20265.3 B
20255.6 B
20245.8 B
20237.4 B
20223.1 B
2021B
20203.3 B

About Patterson-UTI Energy Financial Statements

Patterson-UTI Energy stakeholders use historical fundamental indicators, such as Patterson-UTI Energy's Total 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
Total Assets5.6 B5.3 B

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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.