Precision Drilling Corporation Total Assets
Precision Drilling Corporation total assets. Based on the latest financial reports, Precision Drilling Corporation (PD) holds total assets worth CA$2.75 Billion CAD (≈ $1.99 Billion USD) as of March 2026. 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. Also see PD market cap for the company's overall valuation and market capitalisation.
Total Assets of Precision Drilling Corporation (1995–2025)
Total assets of Precision Drilling Corporation from 1995 to 2025. This chart illustrates how Precision Drilling Corporation's total assets have evolved over time, based on quarterly financial data. See today's stock price for Precision Drilling Corporation for real-time trading data and today's change.
Precision Drilling Corporation - Asset Composition Analysis
Precision Drilling Corporation Total Assets Breakdown (December 2025)
Precision Drilling Corporation total assets breakdown as of December 2025. Precision Drilling Corporation's total assets of CA$2.75 Billion consist of 17.9% current assets and 82.1% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.2% |
| Accounts Receivable | CA$352.14 Million | 12.9% |
| Inventory | CA$48.99 Million | 1.8% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$9.47 Million | 0.4% |
| Goodwill | CA$0.00 | 0.0% |
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. Explore PD net working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 50.9% in 1995.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2025, down from 29.6% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% 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 |
|---|---|---|
|
Odfjell Drilling Ltd
OL:ODL
|
Norway | Nkr2.61 Billion |
|
Northern Ocean Ltd
OL:NOL
|
Norway | Nkr1.06 Billion |
|
Deep Value Driller AS
OL:DVD
|
Norway | Nkr173.37 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$128.21 Million |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.69 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$474.80 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥76.59 Billion |
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 | 1.70 | 0.91 | 1.64 |
| Quick Ratio | 1.52 | 0.82 | 1.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$208.10 Million | CA$-45.03 Million | CA$115.51 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 | 0.96 |
| Latest Market Cap to Assets Ratio | 0.51 |
| Asset Growth Rate (YoY) | -7.8% |
| Total Assets | CA$2.73 Billion |
| Market Capitalization | $1.39 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Precision Drilling Corporation's assets below their book value (0.51x), 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 | CA$2.73 Billion ≈ $1.97 Billion |
-7.77% |
| 2024-12-31 | CA$2.96 Billion ≈ $2.14 Billion |
-2.08% |
| 2023-12-31 | CA$3.02 Billion ≈ $2.18 Billion |
+4.97% |
| 2022-12-31 | CA$2.88 Billion ≈ $2.08 Billion |
+8.05% |
| 2021-12-31 | CA$2.66 Billion ≈ $1.93 Billion |
-8.18% |
| 2020-12-31 | CA$2.90 Billion ≈ $2.10 Billion |
-11.34% |
| 2019-12-31 | CA$3.27 Billion ≈ $2.37 Billion |
-10.07% |
| 2018-12-31 | CA$3.64 Billion ≈ $2.63 Billion |
-6.60% |
| 2017-12-31 | CA$3.89 Billion ≈ $2.82 Billion |
-9.97% |
| 2016-12-31 | CA$4.32 Billion ≈ $3.13 Billion |
-11.37% |
| 2015-12-31 | CA$4.88 Billion ≈ $3.53 Billion |
-8.11% |
| 2014-12-31 | CA$5.31 Billion ≈ $3.84 Billion |
+15.94% |
| 2013-12-31 | CA$4.58 Billion ≈ $3.31 Billion |
+6.48% |
| 2012-12-31 | CA$4.30 Billion ≈ $3.11 Billion |
-2.88% |
| 2011-12-31 | CA$4.43 Billion ≈ $3.20 Billion |
+3.05% |
| 2010-12-31 | CA$4.30 Billion ≈ $3.11 Billion |
+2.51% |
| 2009-12-31 | CA$4.19 Billion ≈ $3.03 Billion |
-13.28% |
| 2008-12-31 | CA$4.83 Billion ≈ $3.50 Billion |
+174.10% |
| 2007-12-31 | CA$1.76 Billion ≈ $1.28 Billion |
+0.13% |
| 2006-12-31 | CA$1.76 Billion ≈ $1.27 Billion |
+2.46% |
| 2005-12-31 | CA$1.72 Billion ≈ $1.24 Billion |
-55.36% |
| 2004-12-31 | CA$3.85 Billion ≈ $2.79 Billion |
+32.40% |
| 2003-12-31 | CA$2.91 Billion ≈ $2.10 Billion |
+5.38% |
| 2002-12-31 | CA$2.76 Billion ≈ $2.00 Billion |
+3.98% |
| 2001-12-31 | CA$2.65 Billion ≈ $1.92 Billion |
+11.15% |
| 2000-12-31 | CA$2.39 Billion ≈ $1.73 Billion |
+66.27% |
| 1999-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
+15.12% |
| 1998-12-31 | CA$1.25 Billion ≈ $902.57 Million |
+4.20% |
| 1997-12-31 | CA$1.20 Billion ≈ $866.18 Million |
+98.64% |
| 1996-12-31 | CA$602.80 Million ≈ $436.06 Million |
+243.28% |
| 1995-12-31 | CA$175.60 Million ≈ $127.03 Million |
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About Precision Drilling Corporation
Precision Drilling Corporation, a drilling company, provides onshore drilling 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 offers onshore well drilling ser… Read more