Precision Drilling Corporation (PD) — Net Asset Quality Index
Precision Drilling Corporation (PD) has a Net Asset Quality Index of 59.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$2.75 Billion minus total liabilities of CA$1.12 Billion yields net assets of CA$1.62 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Precision Drilling Corporation asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Precision Drilling Corporation Net Asset Quality Index Over Time (1995–2025)
This chart shows how Precision Drilling Corporation's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the index stands at 59.1%, representing net assets of CA$1.62 Billion against total assets of CA$2.75 Billion CAD. See Precision Drilling Corporation working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Precision Drilling Corporation (1995–2025)
The table below presents the year-by-year Net Asset Quality Index for Precision Drilling Corporation from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Precision Drilling Corporation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.3% | CA$1.59 Billion | CA$2.73 Billion | CA$1.14 Billion | ▲ +1.4 pp |
| 2024 | 56.9% | CA$1.68 Billion | CA$2.96 Billion | CA$1.27 Billion | ▲ +4.7 pp |
| 2023 | 52.2% | CA$1.58 Billion | CA$3.02 Billion | CA$1.44 Billion | ▲ +9.4 pp |
| 2022 | 42.8% | CA$1.23 Billion | CA$2.88 Billion | CA$1.65 Billion | ▼ -3.3 pp |
| 2021 | 46.0% | CA$1.23 Billion | CA$2.66 Billion | CA$1.44 Billion | ▼ -2.5 pp |
| 2020 | 48.5% | CA$1.41 Billion | CA$2.90 Billion | CA$1.49 Billion | ▲ +1.8 pp |
| 2019 | 46.7% | CA$1.53 Billion | CA$3.27 Billion | CA$1.74 Billion | ▲ +3.9 pp |
| 2018 | 42.8% | CA$1.56 Billion | CA$3.64 Billion | CA$2.08 Billion | ▼ -3.7 pp |
| 2017 | 46.5% | CA$1.81 Billion | CA$3.89 Billion | CA$2.08 Billion | ▲ +1.1 pp |
| 2016 | 45.4% | CA$1.96 Billion | CA$4.32 Billion | CA$2.36 Billion | ▲ +1.9 pp |
| 2015 | 43.5% | CA$2.12 Billion | CA$4.88 Billion | CA$2.76 Billion | ▼ -2.5 pp |
| 2014 | 46.0% | CA$2.44 Billion | CA$5.31 Billion | CA$2.87 Billion | ▼ -6.4 pp |
| 2013 | 52.4% | CA$2.40 Billion | CA$4.58 Billion | CA$2.18 Billion | ▲ +1.9 pp |
| 2012 | 50.5% | CA$2.17 Billion | CA$4.30 Billion | CA$2.13 Billion | ▲ +2.3 pp |
| 2011 | 48.2% | CA$2.13 Billion | CA$4.43 Billion | CA$2.30 Billion | ▼ -11.8 pp |
| 2010 | 60.0% | CA$2.58 Billion | CA$4.30 Billion | CA$1.72 Billion | ▼ -1.7 pp |
| 2009 | 61.7% | CA$2.58 Billion | CA$4.19 Billion | CA$1.61 Billion | ▲ +13.6 pp |
| 2008 | 48.1% | CA$2.32 Billion | CA$4.83 Billion | CA$2.51 Billion | ▼ -26.6 pp |
| 2007 | 74.7% | CA$1.32 Billion | CA$1.76 Billion | CA$446.80 Million | ▲ +5.6 pp |
| 2006 | 69.1% | CA$1.22 Billion | CA$1.76 Billion | CA$544.11 Million | ▲ +6.6 pp |
| 2005 | 62.5% | CA$1.07 Billion | CA$1.72 Billion | CA$644.29 Million | ▲ +2.2 pp |
| 2004 | 60.3% | CA$2.32 Billion | CA$3.85 Billion | CA$1.53 Billion | ▲ +0.2 pp |
| 2003 | 60.1% | CA$1.75 Billion | CA$2.91 Billion | CA$1.16 Billion | ▲ +4.5 pp |
| 2002 | 55.6% | CA$1.54 Billion | CA$2.76 Billion | CA$1.22 Billion | ▲ +2.2 pp |
| 2001 | 53.4% | CA$1.42 Billion | CA$2.65 Billion | CA$1.24 Billion | ▲ +2.9 pp |
| 2000 | 50.5% | CA$1.21 Billion | CA$2.39 Billion | CA$1.18 Billion | ▼ -12.7 pp |
| 1999 | 63.3% | CA$908.80 Million | CA$1.44 Billion | CA$527.50 Million | ▲ +1.7 pp |
| 1998 | 61.6% | CA$768.30 Million | CA$1.25 Billion | CA$479.40 Million | ▲ +3.4 pp |
| 1997 | 58.2% | CA$696.60 Million | CA$1.20 Billion | CA$500.80 Million | ▼ -0.5 pp |
| 1996 | 58.6% | CA$353.40 Million | CA$602.80 Million | CA$249.40 Million | ▼ -15.9 pp |
| 1995 | 74.5% | CA$130.80 Million | CA$175.60 Million | CA$44.80 Million | — |