Precision Drilling Corporation (PD) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Precision Drilling Corporation (PD) has a cash flow conversion efficiency ratio of 0.039x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$63.15 Million ≈ $45.68 Million USD) by net assets (CA$1.62 Billion ≈ $1.17 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Precision Drilling Corporation (PD) liquidity interval to measure how many days the company can operate on defensive assets alone.
Precision Drilling Corporation - Cash Flow Conversion Efficiency Trend (1995–2025)
This chart illustrates how Precision Drilling Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Precision Drilling Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Precision Drilling Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
0.008x |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
0.032x |
|
Evotec SE ADR
NASDAQ:EVO
|
-0.003x |
|
Hunan Keli Motor Co Ltd
SHE:002892
|
0.043x |
|
Sinomach Automobile Co Ltd
SHG:600335
|
-0.072x |
|
Norbit ASA
OL:NORBT
|
-0.002x |
|
Xiangyu Medical Co. Ltd. A
SHG:688626
|
0.009x |
|
Under Armour Inc C
NYSE:UA
|
-0.230x |
Annual Cash Flow Conversion Efficiency for Precision Drilling Corporation (1995–2025)
The table below shows the annual cash flow conversion efficiency of Precision Drilling Corporation from 1995 to 2025. For the full company profile with market capitalisation and key ratios, see Precision Drilling Corporation stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$1.59 Billion ≈ $1.15 Billion |
CA$412.18 Million ≈ $298.16 Million |
0.259x | -9.49% |
| 2024-12-31 | CA$1.68 Billion ≈ $1.22 Billion |
CA$482.08 Million ≈ $348.73 Million |
0.287x | -9.78% |
| 2023-12-31 | CA$1.58 Billion ≈ $1.14 Billion |
CA$500.57 Million ≈ $362.11 Million |
0.318x | +64.88% |
| 2022-12-31 | CA$1.23 Billion ≈ $890.15 Million |
CA$237.10 Million ≈ $171.52 Million |
0.193x | +69.61% |
| 2021-12-31 | CA$1.23 Billion ≈ $886.55 Million |
CA$139.22 Million ≈ $100.71 Million |
0.114x | -29.33% |
| 2020-12-31 | CA$1.41 Billion ≈ $1.02 Billion |
CA$226.12 Million ≈ $163.57 Million |
0.161x | -14.79% |
| 2019-12-31 | CA$1.53 Billion ≈ $1.10 Billion |
CA$288.16 Million ≈ $208.45 Million |
0.189x | +0.19% |
| 2018-12-31 | CA$1.56 Billion ≈ $1.13 Billion |
CA$293.33 Million ≈ $212.19 Million |
0.188x | +192.48% |
| 2017-12-31 | CA$1.81 Billion ≈ $1.31 Billion |
CA$116.56 Million ≈ $84.31 Million |
0.064x | +3.12% |
| 2016-12-31 | CA$1.96 Billion ≈ $1.42 Billion |
CA$122.51 Million ≈ $88.62 Million |
0.062x | -74.38% |
| 2015-12-31 | CA$2.12 Billion ≈ $1.53 Billion |
CA$517.02 Million ≈ $374.00 Million |
0.244x | -12.51% |
| 2014-12-31 | CA$2.44 Billion ≈ $1.77 Billion |
CA$680.16 Million ≈ $492.02 Million |
0.279x | +56.15% |
| 2013-12-31 | CA$2.40 Billion ≈ $1.74 Billion |
CA$428.09 Million ≈ $309.67 Million |
0.178x | -39.02% |
| 2012-12-31 | CA$2.17 Billion ≈ $1.57 Billion |
CA$635.29 Million ≈ $459.56 Million |
0.293x | +17.12% |
| 2011-12-31 | CA$2.13 Billion ≈ $1.54 Billion |
CA$532.77 Million ≈ $385.40 Million |
0.250x | +110.88% |
| 2010-12-31 | CA$2.58 Billion ≈ $1.86 Billion |
CA$305.39 Million ≈ $220.92 Million |
0.118x | -39.34% |
| 2009-12-31 | CA$2.58 Billion ≈ $1.87 Billion |
CA$504.73 Million ≈ $365.11 Million |
0.195x | +31.96% |
| 2008-12-31 | CA$2.32 Billion ≈ $1.68 Billion |
CA$343.91 Million ≈ $248.78 Million |
0.148x | -59.75% |
| 2007-12-31 | CA$1.32 Billion ≈ $952.46 Million |
CA$484.11 Million ≈ $350.20 Million |
0.368x | -26.61% |
| 2006-12-31 | CA$1.22 Billion ≈ $880.41 Million |
CA$609.74 Million ≈ $441.08 Million |
0.501x | +79.38% |
| 2005-12-31 | CA$1.07 Billion ≈ $777.34 Million |
CA$300.12 Million ≈ $217.10 Million |
0.279x | +44.73% |
| 2004-12-31 | CA$2.32 Billion ≈ $1.68 Billion |
CA$448.04 Million ≈ $324.11 Million |
0.193x | +30.61% |
| 2003-12-31 | CA$1.75 Billion ≈ $1.27 Billion |
CA$258.43 Million ≈ $186.94 Million |
0.148x | +13.84% |
| 2002-12-31 | CA$1.54 Billion ≈ $1.11 Billion |
CA$199.22 Million ≈ $144.11 Million |
0.130x | -57.41% |
| 2001-12-31 | CA$1.42 Billion ≈ $1.03 Billion |
CA$432.23 Million ≈ $312.67 Million |
0.305x | +55.25% |
| 2000-12-31 | CA$1.21 Billion ≈ $873.05 Million |
CA$236.88 Million ≈ $171.36 Million |
0.196x | +673.56% |
| 1999-12-31 | CA$908.80 Million ≈ $657.41 Million |
CA$-31.10 Million ≈ $-22.50 Million |
-0.034x | -113.18% |
| 1998-12-31 | CA$768.30 Million ≈ $555.78 Million |
CA$199.50 Million ≈ $144.32 Million |
0.260x | -28.02% |
| 1997-12-31 | CA$696.60 Million ≈ $503.91 Million |
CA$251.30 Million ≈ $181.79 Million |
0.361x | +64.29% |
| 1996-12-31 | CA$353.40 Million ≈ $255.64 Million |
CA$77.60 Million ≈ $56.13 Million |
0.220x | +111.19% |
| 1995-12-31 | CA$130.80 Million ≈ $94.62 Million |
CA$13.60 Million ≈ $9.84 Million |
0.104x | -- |
About Precision Drilling Corporation
Precision Drilling Corporation, a drilling company, provides onshore drilling 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 offers onshore well drilling ser… Read more