Trican Financial Statements From 2010 to 2024

TCW Stock  CAD 4.97  0.02  0.40%   
Trican Well financial statements provide useful quarterly and yearly information to potential Trican Well Service investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Trican Well financial statements helps investors assess Trican Well's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Trican Well's valuation are summarized below:
Gross Profit
227.1 M
Profit Margin
0.1152
Market Capitalization
954.1 M
Enterprise Value Revenue
1.0202
Revenue
960.2 M
We have found one hundred twenty available fundamental trend indicators for Trican Well Service, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Trican Well's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of November 2024, Market Cap is likely to drop to about 462.2 M. In addition to that, Enterprise Value is likely to drop to about 596.5 M

Trican Well Total Revenue

905.88 Million

Check Trican Well financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trican Well's main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.2 M, Interest Expense of 2.5 M or Selling General Administrative of 46.4 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0294 or PTB Ratio of 2.46. Trican financial statements analysis is a perfect complement when working with Trican Well Valuation or Volatility modules.
  
This module can also supplement various Trican Well Technical models . Check out the analysis of Trican Well Correlation against competitors.

Trican Well Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets985.9 M710.4 M1.3 B
Slightly volatile
Total Current Liabilities133.8 M144.4 M167.2 M
Slightly volatile
Total Stockholder Equity628.7 M517.1 M793.3 M
Slightly volatile
Property Plant And Equipment Net548.5 M412.8 M708.8 M
Slightly volatile
Accounts Payable78.4 M50.4 M87.8 M
Slightly volatile
Cash44.4 M88.8 M48.8 M
Pretty Stable
Non Current Assets Total659.1 M412.8 M846 M
Slightly volatile
Cash And Short Term Investments45.6 M88.8 M50.8 M
Pretty Stable
Net Receivables198.7 M181.1 M248.6 M
Slightly volatile
Common Stock Shares Outstanding170.3 M221.5 M201.1 M
Slightly volatile
Liabilities And Stockholders Equity985.9 M710.4 M1.3 B
Slightly volatile
Inventory20.5 M21.5 M83.6 M
Slightly volatile
Other Stockholder Equity134.3 M83.3 M110 M
Pretty Stable
Total Liabilities356.3 M193.4 M458.7 M
Slightly volatile
Property Plant And Equipment Gross622.1 MB838.7 M
Pretty Stable
Total Current Assets326.8 M297.6 M406.2 M
Slightly volatile
Short and Long Term Debt Total17.2 M18.1 M251.2 M
Slightly volatile
Non Current Liabilities Total46.5 M48.9 M279.9 M
Slightly volatile
Short Term Debt4.2 M4.4 M22.5 M
Slightly volatile
Intangible Assets3.3 M3.5 M21.4 M
Pretty Stable
Common Stock Total Equity870.3 M1.1 B798 M
Slightly volatile
Common Stock879.7 M753.1 M768.8 M
Slightly volatile
Other Liabilities47.5 M29.8 M58.3 M
Slightly volatile
Net Tangible Assets563.1 M451.5 M785.5 M
Slightly volatile
Long Term Debt25.5 M26.8 M268.6 M
Slightly volatile
Short and Long Term Debt17.4 M18.4 M202 M
Slightly volatile
Property Plant Equipment562.4 M364.3 M805.3 M
Slightly volatile
Short Term Investments6.8 K7.2 K10 M
Slightly volatile
Long Term Debt Total33.7 M35.5 M223 M
Slightly volatile
Capital Surpluse90.6 M98.7 M80.6 M
Slightly volatile
Capital Lease Obligations12.2 M18.1 M7.1 M
Slightly volatile
Net Invested Capital569.6 M517.1 M967.5 M
Slightly volatile
Net Working Capital139 M153.2 M134.1 M
Pretty Stable
Capital Stock732.3 M753.1 MB
Slightly volatile
Cash And Equivalents18.1 M20.3 M22.2 M
Slightly volatile

Trican Well Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization85.2 M77.2 M117.3 M
Pretty Stable
Interest Expense2.5 M2.6 M16.1 M
Slightly volatile
Selling General Administrative46.4 M39.5 M61.1 M
Slightly volatile
Total Revenue905.9 M972.7 M1.1 B
Slightly volatile
Other Operating Expenses831.1 M810.9 M1.1 B
Slightly volatile
Cost Of Revenue783.2 M771.5 MB
Slightly volatile
Total Operating Expenses47.9 M39.4 M62 M
Slightly volatile
Research Development7.4 M7.8 M22.8 M
Slightly volatile
Interest IncomeM2.1 M13.7 M
Slightly volatile
Reconciled Depreciation81.7 M77.2 M100.7 M
Slightly volatile

Trican Well Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation85.6 M77.2 M118 M
Pretty Stable
Capital Expenditures108.3 M79.3 M116.5 M
Slightly volatile
End Period Cash Flow93.2 M88.8 M52.1 M
Pretty Stable
Stock Based Compensation557.6 K587 K5.1 M
Slightly volatile
Issuance Of Capital Stock2.7 M2.6 M1.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.760.91881.1227
Pretty Stable
Dividend Yield0.02940.03460.0445
Very volatile
PTB Ratio2.461.72831.29
Very volatile
Days Sales Outstanding90.0667.968282.4509
Pretty Stable
Book Value Per Share2.92.38384.2864
Slightly volatile
Average Payables13.5 M16.5 M17.7 M
Pretty Stable
Stock Based Compensation To Revenue6.0E-46.0E-40.0047
Slightly volatile
Capex To Depreciation0.981.0271.204
Slightly volatile
PB Ratio2.461.72831.29
Very volatile
EV To Sales0.80.84621.1552
Slightly volatile
Inventory Turnover37.635.805119.5996
Slightly volatile
Days Of Inventory On Hand9.6810.194123.8871
Slightly volatile
Payables Turnover7.7415.308412.5524
Pretty Stable
Sales General And Administrative To Revenue0.06950.04060.0638
Very volatile
Average InventoryM3.8 MM
Pretty Stable
Research And Ddevelopement To Revenue0.0080.00840.0165
Slightly volatile
Capex To Revenue0.07740.08150.0859
Slightly volatile
Cash Per Share0.230.40920.3139
Slightly volatile
Days Payables Outstanding22.6523.843130.6641
Slightly volatile
Intangibles To Total Assets0.00390.00410.0581
Very volatile
Current Ratio1.862.06062.5167
Slightly volatile
Tangible Book Value Per Share2.642.38383.9403
Slightly volatile
Receivables Turnover3.75.37024.5928
Pretty Stable
Graham Number4.865.47016.7346
Slightly volatile
Shareholders Equity Per Share2.892.38384.2844
Slightly volatile
Debt To Equity0.05050.05320.2612
Slightly volatile
Capex Per Share0.350.36550.693
Slightly volatile
Revenue Per Share4.344.48436.5237
Slightly volatile
Interest Debt Per Share0.01130.01191.6519
Slightly volatile
Debt To Assets0.0380.040.1448
Slightly volatile
Operating Cycle12178.1622108
Slightly volatile
Price Book Value Ratio2.461.72831.29
Very volatile
Days Of Payables Outstanding22.6523.843130.6641
Slightly volatile
Company Equity Multiplier1.691.3741.5163
Slightly volatile
Long Term Debt To Capitalization0.04770.05020.1617
Slightly volatile
Total Debt To Capitalization0.04770.05020.174
Slightly volatile
Debt Equity Ratio0.05050.05320.2612
Slightly volatile
Quick Ratio1.541.91142.1003
Slightly volatile
Net Income Per E B T0.540.76120.7035
Very volatile
Cash Ratio0.460.61450.5217
Slightly volatile
Cash Conversion Cycle49.3354.319273.8232
Slightly volatile
Days Of Inventory Outstanding9.6810.194123.8871
Slightly volatile
Days Of Sales Outstanding90.0667.968282.4509
Pretty Stable
Price To Book Ratio2.461.72831.29
Very volatile
Fixed Asset Turnover1.782.35621.5996
Very volatile
Debt Ratio0.0380.040.1448
Slightly volatile
Price Sales Ratio1.760.91881.1227
Pretty Stable
Asset Turnover0.741.36910.8736
Pretty Stable
Price Fair Value2.461.72831.29
Very volatile

Trican Well Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap462.2 M631.1 M828.7 M
Slightly volatile
Enterprise Value596.5 M613.8 M1.1 B
Slightly volatile

Trican Fundamental Market Drivers

Forward Price Earnings8.7184
Cash And Short Term Investments88.8 M

About Trican Well Financial Statements

Trican Well investors utilize fundamental indicators, such as revenue or net income, to predict how Trican Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue42.4 M56.4 M
Total Revenue972.7 M905.9 M
Cost Of Revenue771.5 M783.2 M
Sales General And Administrative To Revenue 0.04  0.07 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue 0.08  0.08 
Revenue Per Share 4.48  4.34 
Ebit Per Revenue 0.17  0.10 

Pair Trading with Trican Well

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trican Well position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trican Well will appreciate offsetting losses from the drop in the long position's value.

Moving against Trican Stock

  0.43ENS E Split CorpPairCorr
  0.36ENB-PFV Enbridge Pref 5PairCorr
The ability to find closely correlated positions to Trican Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trican Well when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trican Well - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trican Well Service to buy it.
The correlation of Trican Well is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trican Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trican Well Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trican Well can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Trican Stock

Trican Well financial ratios help investors to determine whether Trican Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Trican with respect to the benefits of owning Trican Well security.