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 PD total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see PD cash flow conversion.
Annual Financial Flexibility Index for Precision Drilling Corporation (1995–2025)
Year-by-year free cash flow to debt coverage for Precision Drilling Corporation. Explore PD cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |