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 0.046x as of September 2025. 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$75.87 Million ≈ $54.88 Million USD) by net assets (CA$1.67 Billion ≈ $1.21 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Precision Drilling Corporation - Cash Flow Conversion Efficiency Trend (1995–2024)
This chart illustrates how Precision Drilling Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Precision Drilling Corporation carry for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Central Plains Environment Protection Co Ltd
SHE:000544
|
0.017x |
|
Zhejiang Chenfeng Science and Technology Co Ltd Class A
SHG:603685
|
0.041x |
|
Orora Ltd
AU:ORA
|
0.082x |
|
Hyprop
JSE:HYP
|
0.034x |
|
Indian Energy Exchange Limited
NSE:IEX
|
-0.007x |
|
Chongqing Gas Grp Corp Ltd
SHG:600917
|
0.082x |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
0.090x |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
-0.057x |
Annual Cash Flow Conversion Efficiency for Precision Drilling Corporation (1995–2024)
The table below shows the annual cash flow conversion efficiency of Precision Drilling Corporation from 1995 to 2024. 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 |
|---|---|---|---|---|
| 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, 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