Precision Drilling Corporation
Precision Drilling Corporation, a drilling company, provides onshore drilling, completion, and production services to exploration and production companies in the oil and natural gas and geothermal industries in the United States, Canada, and internationally. It operates through Contract Drilling Services; and Completion and Production Services segments. The Contract Drilling Services segment offe… Read more
Precision Drilling Corporation (PDS) - Total Assets
Latest total assets as of December 2025: $2.72 Billion USD
Based on the latest financial reports, Precision Drilling Corporation (PDS) holds total assets worth $2.72 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Precision Drilling Corporation - Total Assets Trend (1995–2025)
This chart illustrates how Precision Drilling Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Precision Drilling Corporation - Asset Composition Analysis
Current Asset Composition (December 2025)
Precision Drilling Corporation's total assets of $2.72 Billion consist of 17.9% current assets and 82.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.2% |
| Accounts Receivable | $351.86 Million | 12.9% |
| Inventory | $48.95 Million | 1.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $9.46 Million | 0.4% |
Asset Composition Trend (1995–2025)
This chart illustrates how Precision Drilling Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Precision Drilling Corporation's current assets represent 17.9% of total assets in 2025, a decrease from 37.6% in 1995.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2025, up from 0.9% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 11.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 12.9% of total assets.
Precision Drilling Corporation Competitors by Total Assets
Key competitors of Precision Drilling Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
Precision Drilling Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Precision Drilling Corporation generates 0.68x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Precision Drilling Corporation generates $ 0.07 in net profit.
Precision Drilling Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.62 | 1.48 | 1.99 |
| Quick Ratio | 1.46 | 1.35 | 1.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $186.66 Million | $ 162.59 Million | $ 161.63 Million |
Precision Drilling Corporation - Advanced Valuation Insights
This section examines the relationship between Precision Drilling Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.00 |
| Latest Market Cap to Assets Ratio | 0.44 |
| Asset Growth Rate (YoY) | -7.8% |
| Total Assets | $2.72 Billion |
| Market Capitalization | $1.19 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Precision Drilling Corporation's assets below their book value (0.44 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Precision Drilling Corporation's assets decreased by 7.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Precision Drilling Corporation (1995–2025)
The table below shows the annual total assets of Precision Drilling Corporation from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.72 Billion | -7.84% |
| 2024-12-31 | $2.96 Billion | -2.08% |
| 2023-12-31 | $3.02 Billion | +4.97% |
| 2022-12-31 | $2.88 Billion | +8.05% |
| 2021-12-31 | $2.66 Billion | -8.18% |
| 2020-12-31 | $2.90 Billion | -11.34% |
| 2019-12-31 | $3.27 Billion | -10.07% |
| 2018-12-31 | $3.64 Billion | -6.60% |
| 2017-12-31 | $3.89 Billion | -9.97% |
| 2016-12-31 | $4.32 Billion | -11.37% |
| 2015-12-31 | $4.88 Billion | -8.11% |
| 2014-12-31 | $5.31 Billion | +15.94% |
| 2013-12-31 | $4.58 Billion | +6.48% |
| 2012-12-31 | $4.30 Billion | -2.88% |
| 2011-12-31 | $4.43 Billion | +3.05% |
| 2010-12-31 | $4.30 Billion | +2.51% |
| 2009-12-31 | $4.19 Billion | -13.28% |
| 2008-12-31 | $4.83 Billion | +174.10% |
| 2007-12-31 | $1.76 Billion | +0.13% |
| 2006-12-31 | $1.76 Billion | +2.46% |
| 2005-12-31 | $1.72 Billion | -55.36% |
| 2004-12-31 | $3.85 Billion | +32.40% |
| 2003-12-31 | $2.91 Billion | +5.38% |
| 2002-12-31 | $2.76 Billion | +3.98% |
| 2001-12-31 | $2.65 Billion | +11.15% |
| 2000-12-31 | $2.39 Billion | +66.27% |
| 1999-12-31 | $1.44 Billion | +7.48% |
| 1998-12-31 | $1.34 Billion | +11.61% |
| 1997-12-31 | $1.20 Billion | -2.13% |
| 1996-12-31 | $1.22 Billion | +97.72% |
| 1995-12-31 | $618.80 Million | -- |