Precision Drilling Corporation
Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offe… Read more
Precision Drilling Corporation - Asset Resilience Ratio
Precision Drilling Corporation (PDS) has an Asset Resilience Ratio of 0.00% as of December 2019. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1999–2019)
This chart shows how Precision Drilling Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Precision Drilling Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Precision Drilling Corporation maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Precision Drilling Corporation Industry Peers by Asset Resilience Ratio
Compare Precision Drilling Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN |
Oil & Gas Drilling | 17.84% |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828 |
Oil & Gas Drilling | 10.37% |
|
Velesto Energy Bhd
KLSE:5243 |
Oil & Gas Drilling | 5.93% |
|
AKITA Drilling Ltd
PINK:AKTAF |
Oil & Gas Drilling | 0.00% |
|
Apexindo Pratama Duta Tbk
JK:APEX |
Oil & Gas Drilling | 0.00% |
|
Archer Limited
PINK:ARHVF |
Oil & Gas Drilling | 0.01% |
|
Awilco Drilling PLC
OTCMKTS:AWLCF |
Oil & Gas Drilling | 0.00% |
|
Borr Drilling Ltd
NYSE:BORR |
Oil & Gas Drilling | 0.06% |
Annual Asset Resilience Ratio for Precision Drilling Corporation (1999–2019)
The table below shows the annual Asset Resilience Ratio data for Precision Drilling Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 0.00% | $0.00 | $3.27 Billion | -- |
| 2018-12-31 | 0.00% | $0.00 | $3.64 Billion | -- |
| 2017-12-31 | 0.00% | $0.00 | $3.89 Billion | -- |
| 2016-12-31 | 0.00% | $0.00 | $4.32 Billion | -- |
| 2015-12-31 | 0.00% | $0.00 | $4.88 Billion | -- |
| 2014-12-31 | 0.00% | $0.00 | $5.31 Billion | -- |
| 2013-12-31 | 0.00% | $0.00 | $4.58 Billion | -- |
| 2012-12-31 | 0.00% | $0.00 | $4.30 Billion | -- |
| 2011-12-31 | 0.00% | $0.00 | $4.43 Billion | -- |
| 2010-12-31 | 0.00% | $0.00 | $4.30 Billion | -- |
| 2009-12-31 | 0.00% | $0.00 | $4.19 Billion | -- |
| 2008-12-31 | 0.00% | $0.00 | $4.83 Billion | -- |
| 2007-12-31 | 0.00% | $0.00 | $1.76 Billion | -- |
| 2006-12-31 | 0.00% | $0.00 | $1.76 Billion | -- |
| 2005-12-31 | 0.00% | $0.00 | $1.72 Billion | -- |
| 2004-12-31 | 0.00% | $0.00 | $3.85 Billion | -- |
| 2003-12-31 | 0.00% | $0.00 | $2.91 Billion | -- |
| 2002-12-31 | 0.00% | $0.00 | $2.76 Billion | -- |
| 2001-12-31 | 0.00% | $0.00 | $2.65 Billion | -- |
| 2000-12-31 | 0.00% | $0.00 | $2.39 Billion | -- |
| 1999-12-31 | 3.26% | $46.80 Million | $1.44 Billion | -- |