Precision Drilling Corporation (PD) — Financial Flexibility Index

Latest as of March 2026: 0.11x

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). Also explore net asset growth rate of Precision Drilling Corporation to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$128.15 Million
Operating CF − Capex

Total Liabilities

CA$1.12 Billion
CAD

Capital Expenditures

CA$65.00 Million
CAD

Precision Drilling Corporation Financial Flexibility Index (1995–2025)

Historical Financial Flexibility Index trend for Precision Drilling Corporation across 31 annual periods. Check Precision Drilling Corporation PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities