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. Read PD liabilities breakdown for a breakdown of total debt and financial obligations.
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. For live market cap and overall valuation, see PD market cap.
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. Check PD strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| 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 | — |