Patterson-UTI Energy Inc - Asset Resilience Ratio
Patterson-UTI Energy Inc (PTEN) has an Asset Resilience Ratio of 0.04% as of December 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See how liquid is Patterson-UTI Energy Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2009–2024)
This chart shows how Patterson-UTI Energy Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Patterson-UTI Energy Inc (PTEN) total assets.
Liquid Assets Composition Over Time
This chart breaks down Patterson-UTI Energy Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read debt load of Patterson-UTI Energy Inc for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $2.11 Million | 0.04% |
| Total Liquid Assets | $2.11 Million | 0.04% |
Asset Resilience Insights
- Limited Liquidity: Patterson-UTI Energy Inc maintains only 0.04% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Patterson-UTI Energy Inc Industry Peers by Asset Resilience Ratio
Compare Patterson-UTI Energy Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Odfjell Drilling Ltd
OL:ODL |
Oil & Gas Drilling | 0.07% |
|
Northern Ocean Ltd
OL:NOL |
Oil & Gas Drilling | 5.54% |
|
Aban Offshore Limited
NSE:ABAN |
Oil & Gas Drilling | 17.84% |
|
Precision Drilling Corporation
TO:PD |
Oil & Gas Drilling | 39.70% |
|
PHX Energy Services Corporation
TO:PHX |
Oil & Gas Drilling | 1.81% |
|
Western Energy Services Corp.
TO:WRG |
Oil & Gas Drilling | 0.70% |
|
Sinopec Oilfield Service Corp
SHG:600871 |
Oil & Gas Drilling | 0.06% |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828 |
Oil & Gas Drilling | 10.37% |
Annual Asset Resilience Ratio for Patterson-UTI Energy Inc (2009–2024)
The table below shows the annual Asset Resilience Ratio data for Patterson-UTI Energy Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.04% | $2.11 Million | $5.83 Billion | -- |
| 2017-12-31 | 0.00% | $0.00 | $5.76 Billion | -- |
| 2016-12-31 | 0.00% | $0.00 | $3.80 Billion | -- |
| 2015-12-31 | 0.00% | $0.00 | $4.53 Billion | -- |
| 2014-12-31 | 0.00% | $0.00 | $5.39 Billion | -- |
| 2013-12-31 | 0.00% | $0.00 | $4.69 Billion | -- |
| 2012-12-31 | 0.00% | $0.00 | $4.56 Billion | -- |
| 2011-12-31 | 0.00% | $0.00 | $4.22 Billion | -- |
| 2010-12-31 | 0.00% | $0.00 | $3.42 Billion | -- |
| 2009-12-31 | 0.00% | $0.00 | $2.66 Billion | -- |
About Patterson-UTI Energy Inc
Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and dir… Read more