Precision Drilling Corporation (PD) — Defensive Interval Ratio

Latest as of March 2026: 504 days

Precision Drilling Corporation (PD) has a Defensive Interval Ratio of 504 days as of March 2026. Defensive assets of CA$410.27 Million (cash CA$-, short-term investments CA$-, receivables CA$410.27 Million) cover 504 days of daily cash needs of CA$813.52K/day. See PD working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

504 days
Days of operational coverage

Defensive Assets

CA$410.27 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$813.52K
Current Liabilities ÷ 365

Current Liabilities

CA$296.93 Million
CAD

Precision Drilling Corporation Defensive Interval Ratio (1995–2025)

This chart shows how Precision Drilling Corporation's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 504 days, meaning defensive assets of CA$410.27 Million can fund 504 days of operations without new revenue. See PD net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Precision Drilling Corporation (1995–2025)

The table below presents the year-by-year Defensive Interval Ratio for Precision Drilling Corporation from 1995 to 2025, covering 31 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market value of Precision Drilling Corporation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 428 days CA$352.14 Million CA$822.19K/day CA$- CA$- ▲ +20 days
2024 408 days CA$378.71 Million CA$927.92K/day CA$- CA$- ▼ -13 days
2023 421 days CA$421.43 Million CA$1.00 Million/day CA$- CA$- ▲ +52 days
2022 368 days CA$413.93 Million CA$1.12 Million/day CA$- CA$- ▼ -24 days
2021 392 days CA$255.74 Million CA$652.38K/day CA$- CA$- ▼ -61 days
2020 453 days CA$207.21 Million CA$457.10K/day CA$- CA$- ▼ -73 days
2019 526 days CA$311.35 Million CA$591.97K/day CA$- CA$- ▲ +44 days
2018 482 days CA$372.34 Million CA$773.05K/day CA$- CA$- ▼ -40 days
2017 522 days CA$299.59 Million CA$574.32K/day CA$- CA$- ▲ +103 days
2016 418 days CA$275.91 Million CA$659.55K/day CA$- CA$- ▲ +28 days
2015 391 days CA$260.91 Million CA$667.90K/day CA$- CA$- ▼ -46 days
2014 436 days CA$598.06 Million CA$1.37 Million/day CA$- CA$- ▼ -159 days
2013 596 days CA$549.70 Million CA$923.01K/day CA$- CA$- ▲ +128 days
2012 467 days CA$509.55 Million CA$1.09 Million/day CA$- CA$- ▼ -10 days
2011 478 days CA$576.24 Million CA$1.21 Million/day CA$- CA$- ▼ -222 days
2010 699 days CA$414.90 Million CA$593.19K/day CA$- CA$- ▼ -92 days
2009 791 days CA$278.81 Million CA$352.33K/day CA$- CA$- ▲ +131 days
2008 660 days CA$615.07 Million CA$931.23K/day CA$- CA$- ▼ -69 days
2007 729 days CA$262.57 Million CA$360.13K/day CA$- CA$- ▲ +157 days
2006 572 days CA$322.63 Million CA$564.28K/day CA$- CA$- ▲ +57 days
2005 515 days CA$500.65 Million CA$972.43K/day CA$- CA$- ▲ +217 days
2004 298 days CA$309.29 Million CA$1.04 Million/day CA$- CA$- ▼ -156 days
2003 454 days CA$544.85 Million CA$1.20 Million/day CA$- CA$- ▲ +40 days
2002 414 days CA$443.80 Million CA$1.07 Million/day CA$- CA$- ▼ -38 days
2001 452 days CA$474.53 Million CA$1.05 Million/day CA$- CA$- ▲ +39 days
2000 413 days CA$424.82 Million CA$1.03 Million/day CA$- CA$- ▼ -132 days
1999 545 days CA$285.90 Million CA$524.93K/day CA$- CA$46.80 Million ▲ +270 days
1998 275 days CA$127.90 Million CA$465.75K/day CA$- CA$- ▼ -282 days
1997 556 days CA$214.60 Million CA$385.75K/day CA$- CA$- ▲ +160 days
1996 396 days CA$123.40 Million CA$311.23K/day CA$- CA$- ▼ -145 days
1995 542 days CA$33.10 Million CA$61.10K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)