Precision Drilling Corporation (PD) — Financial Flexibility Index
Precision Drilling Corporation (PD) has a Financial Flexibility Index of 0.11x as of March 2026. Free cash flow of CA$128.15 Million (operating CF CA$63.15 Million minus capex CA$65.00 Million) represents 0% of total liabilities (CA$1.12 Billion). Check Precision Drilling Corporation (PD) strategic investment index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Precision Drilling Corporation Financial Flexibility Index (1995–2025)
Historical Financial Flexibility Index trend for Precision Drilling Corporation across 31 annual periods. See Precision Drilling Corporation (PD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Precision Drilling Corporation (1995–2025)
Year-by-year free cash flow to debt coverage for Precision Drilling Corporation. For the full company profile including market capitalisation, see Precision Drilling Corporation market cap and net worth.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.59x | CA$675.65 Million | CA$412.18 Million | CA$1.14 Billion | ▲ +8.3% |
| 2024 | 0.55x | CA$698.78 Million | CA$482.08 Million | CA$1.27 Billion | ▲ +8.8% |
| 2023 | 0.50x | CA$727.32 Million | CA$500.57 Million | CA$1.44 Billion | ▲ +96.8% |
| 2022 | 0.26x | CA$421.35 Million | CA$237.10 Million | CA$1.65 Billion | ▲ +70.9% |
| 2021 | 0.15x | CA$215.17 Million | CA$139.22 Million | CA$1.44 Billion | ▼ -22.3% |
| 2020 | 0.19x | CA$287.71 Million | CA$226.12 Million | CA$1.49 Billion | ▼ -25.2% |
| 2019 | 0.26x | CA$448.85 Million | CA$288.16 Million | CA$1.74 Billion | ▲ +27.6% |
| 2018 | 0.20x | CA$419.48 Million | CA$293.33 Million | CA$2.08 Billion | ▲ +95.9% |
| 2017 | 0.10x | CA$214.56 Million | CA$116.56 Million | CA$2.08 Billion | ▼ -25.3% |
| 2016 | 0.14x | CA$325.98 Million | CA$122.51 Million | CA$2.36 Billion | ▼ -61.0% |
| 2015 | 0.35x | CA$975.73 Million | CA$517.02 Million | CA$2.76 Billion | ▼ -34.0% |
| 2014 | 0.54x | CA$1.54 Billion | CA$680.16 Million | CA$2.87 Billion | ▲ +21.2% |
| 2013 | 0.44x | CA$963.89 Million | CA$428.09 Million | CA$2.18 Billion | ▼ -37.4% |
| 2012 | 0.71x | CA$1.50 Billion | CA$635.29 Million | CA$2.13 Billion | ▲ +28.7% |
| 2011 | 0.55x | CA$1.26 Billion | CA$532.77 Million | CA$2.30 Billion | ▲ +95.9% |
| 2010 | 0.28x | CA$481.30 Million | CA$305.39 Million | CA$1.72 Billion | ▼ -35.5% |
| 2009 | 0.43x | CA$698.16 Million | CA$504.73 Million | CA$1.61 Billion | ▲ +90.1% |
| 2008 | 0.23x | CA$573.49 Million | CA$343.91 Million | CA$2.51 Billion | ▼ -84.8% |
| 2007 | 1.50x | CA$671.12 Million | CA$484.11 Million | CA$446.80 Million | ▼ -6.4% |
| 2006 | 1.60x | CA$872.77 Million | CA$609.74 Million | CA$544.11 Million | ▲ +77.1% |
| 2005 | 0.91x | CA$583.59 Million | CA$300.12 Million | CA$644.29 Million | ▲ +89.7% |
| 2004 | 0.48x | CA$730.27 Million | CA$448.04 Million | CA$1.53 Billion | ▼ -3.4% |
| 2003 | 0.49x | CA$573.35 Million | CA$258.43 Million | CA$1.16 Billion | ▲ +29.7% |
| 2002 | 0.38x | CA$467.02 Million | CA$199.22 Million | CA$1.22 Billion | ▼ -41.0% |
| 2001 | 0.65x | CA$798.25 Million | CA$432.23 Million | CA$1.24 Billion | ▲ +74.2% |
| 2000 | 0.37x | CA$437.89 Million | CA$236.88 Million | CA$1.18 Billion | ▲ +1203.6% |
| 1999 | 0.03x | CA$15.00 Million | CA$-31.10 Million | CA$527.50 Million | ▼ -97.2% |
| 1998 | 1.00x | CA$479.10 Million | CA$199.50 Million | CA$479.40 Million | ▼ -41.8% |
| 1997 | 1.72x | CA$860.00 Million | CA$251.30 Million | CA$500.80 Million | ▼ -7.9% |
| 1996 | 1.87x | CA$465.20 Million | CA$77.60 Million | CA$249.40 Million | ▲ +120.5% |
| 1995 | 0.85x | CA$37.90 Million | CA$13.60 Million | CA$44.80 Million | — |