Precision Drilling Corporation Tangible Net Worth Ratio
Precision Drilling Corporation tangible net worth ratio. Precision Drilling Corporation (PD) has a Tangible Net Worth Ratio of 99.5% as of March 2026. This metric is calculated by deducting intangible assets (CA$8.58 Million) from net assets (CA$1.62 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore PD net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Precision Drilling Corporation (1995–2025)
Tangible net worth ratio of Precision Drilling Corporation from 1995 to 2025. This chart shows how Precision Drilling Corporation's Tangible Net Worth Ratio has changed across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 99.5%, reflecting net assets of CA$1.62 Billion with intangible assets of CA$8.58 Million CAD. Check strategic asset allocation of Precision Drilling Corporation to assess the company's strategic physical and investment asset allocation.
Precision Drilling Corporation Tangible Net Worth Ratio by Year (1995–2025)
Precision Drilling Corporation tangible net worth ratio by year from 1995 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Precision Drilling Corporation from 1995 to 2025, covering 31 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see PD company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.4% | CA$1.59 Billion | CA$9.47 Million | CA$2.73 Billion | ▲ +0.2 pp |
| 2024 | 99.2% | CA$1.68 Billion | CA$13.00 Million | CA$2.96 Billion | ▲ +0.3 pp |
| 2023 | 98.9% | CA$1.58 Billion | CA$17.31 Million | CA$3.02 Billion | ▲ +0.5 pp |
| 2022 | 98.4% | CA$1.23 Billion | CA$19.57 Million | CA$2.88 Billion | ▲ +0.4 pp |
| 2021 | 98.0% | CA$1.23 Billion | CA$23.91 Million | CA$2.66 Billion | ▲ +0.0 pp |
| 2020 | 98.0% | CA$1.41 Billion | CA$27.67 Million | CA$2.90 Billion | ▲ +0.1 pp |
| 2019 | 97.9% | CA$1.53 Billion | CA$31.75 Million | CA$3.27 Billion | ▲ +0.2 pp |
| 2018 | 97.7% | CA$1.56 Billion | CA$35.40 Million | CA$3.64 Billion | ▼ -0.7 pp |
| 2017 | 98.4% | CA$1.81 Billion | CA$28.12 Million | CA$3.89 Billion | ▼ -1.4 pp |
| 2016 | 99.8% | CA$1.96 Billion | CA$3.32 Million | CA$4.32 Billion | ▼ 0.0 pp |
| 2015 | 99.8% | CA$2.12 Billion | CA$3.36 Million | CA$4.88 Billion | ▼ 0.0 pp |
| 2014 | 99.9% | CA$2.44 Billion | CA$3.30 Million | CA$5.31 Billion | ▲ +0.0 pp |
| 2013 | 99.8% | CA$2.40 Billion | CA$3.92 Million | CA$4.58 Billion | ▲ +0.1 pp |
| 2012 | 99.7% | CA$2.17 Billion | CA$6.10 Million | CA$4.30 Billion | ▲ +0.0 pp |
| 2011 | 99.7% | CA$2.13 Billion | CA$6.47 Million | CA$4.43 Billion | ▼ -0.1 pp |
| 2010 | 99.8% | CA$2.58 Billion | CA$6.37 Million | CA$4.30 Billion | ▼ -0.1 pp |
| 2009 | 99.9% | CA$2.58 Billion | CA$3.16 Million | CA$4.19 Billion | ▲ +0.1 pp |
| 2008 | 99.8% | CA$2.32 Billion | CA$5.68 Million | CA$4.83 Billion | ▼ -0.2 pp |
| 2007 | 100.0% | CA$1.32 Billion | CA$317.81K | CA$1.76 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | CA$1.22 Billion | CA$375.12K | CA$1.76 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | CA$1.07 Billion | CA$465.17K | CA$1.72 Billion | ▲ +39.9 pp |
| 2004 | 60.1% | CA$2.32 Billion | CA$927.08 Million | CA$3.85 Billion | ▼ -6.0 pp |
| 2003 | 66.1% | CA$1.75 Billion | CA$592.71 Million | CA$2.91 Billion | ▲ +6.5 pp |
| 2002 | 59.7% | CA$1.54 Billion | CA$619.30 Million | CA$2.76 Billion | ▲ +3.3 pp |
| 2001 | 56.3% | CA$1.42 Billion | CA$619.38 Million | CA$2.65 Billion | ▲ +1.9 pp |
| 2000 | 54.4% | CA$1.21 Billion | CA$550.50 Million | CA$2.39 Billion | ▼ -12.1 pp |
| 1999 | 66.5% | CA$908.80 Million | CA$304.40 Million | CA$1.44 Billion | ▲ +0.3 pp |
| 1998 | 66.2% | CA$768.30 Million | CA$259.80 Million | CA$1.25 Billion | ▼ -3.8 pp |
| 1997 | 70.0% | CA$696.60 Million | CA$209.00 Million | CA$1.20 Billion | ▼ -9.8 pp |
| 1996 | 79.8% | CA$353.40 Million | CA$71.40 Million | CA$602.80 Million | ▼ -20.2 pp |
| 1995 | 100.0% | CA$130.80 Million | CA$0.00 | CA$175.60 Million | — |