Precision Drilling Corporation (PD) — Working Capital to Net Assets Ratio
Precision Drilling Corporation (PD) has a Working Capital to Net Assets ratio of 12.8% as of March 2026. Working capital of CA$208.10 Million (current assets of CA$505.03 Million minus current liabilities of CA$296.93 Million) is measured against net assets of CA$1.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Precision Drilling Corporation balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Precision Drilling Corporation Working Capital to Net Assets (1995–2025)
This chart shows how Precision Drilling Corporation's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 12.8%, reflecting working capital of CA$208.10 Million against net assets of CA$1.62 Billion CAD. Check Precision Drilling Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Precision Drilling Corporation (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Precision Drilling Corporation from 1995 to 2025, covering 31 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see PD market cap.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 11.8% | CA$186.81 Million | CA$1.59 Billion | CA$486.92 Million | CA$300.10 Million | ▲ +2.1 pp |
| 2024 | 9.7% | CA$162.59 Million | CA$1.68 Billion | CA$501.28 Million | CA$338.69 Million | ▲ +0.4 pp |
| 2023 | 9.2% | CA$145.24 Million | CA$1.58 Billion | CA$510.88 Million | CA$365.64 Million | ▲ +4.3 pp |
| 2022 | 4.9% | CA$60.64 Million | CA$1.23 Billion | CA$470.67 Million | CA$410.03 Million | ▼ -1.7 pp |
| 2021 | 6.7% | CA$81.64 Million | CA$1.23 Billion | CA$319.76 Million | CA$238.12 Million | ▼ -5.8 pp |
| 2020 | 12.5% | CA$175.42 Million | CA$1.41 Billion | CA$342.26 Million | CA$166.84 Million | ▼ -0.7 pp |
| 2019 | 13.2% | CA$201.70 Million | CA$1.53 Billion | CA$417.76 Million | CA$216.07 Million | ▼ -2.2 pp |
| 2018 | 15.4% | CA$240.54 Million | CA$1.56 Billion | CA$522.70 Million | CA$282.16 Million | ▲ +2.6 pp |
| 2017 | 12.8% | CA$232.12 Million | CA$1.81 Billion | CA$441.75 Million | CA$209.62 Million | ▲ +1.1 pp |
| 2016 | 11.8% | CA$230.87 Million | CA$1.96 Billion | CA$471.61 Million | CA$240.74 Million | ▼ -13.5 pp |
| 2015 | 25.3% | CA$536.82 Million | CA$2.12 Billion | CA$780.60 Million | CA$243.78 Million | ▲ +0.8 pp |
| 2014 | 24.5% | CA$598.49 Million | CA$2.44 Billion | CA$1.10 Billion | CA$500.22 Million | ▲ +11.8 pp |
| 2013 | 12.7% | CA$305.78 Million | CA$2.40 Billion | CA$642.68 Million | CA$336.90 Million | ▼ -0.1 pp |
| 2012 | 12.8% | CA$278.02 Million | CA$2.17 Billion | CA$676.10 Million | CA$398.08 Million | ▼ -15.8 pp |
| 2011 | 28.6% | CA$610.43 Million | CA$2.13 Billion | CA$1.05 Billion | CA$440.45 Million | ▲ +10.8 pp |
| 2010 | 17.8% | CA$460.15 Million | CA$2.58 Billion | CA$676.66 Million | CA$216.52 Million | ▲ +5.4 pp |
| 2009 | 12.4% | CA$320.86 Million | CA$2.58 Billion | CA$449.46 Million | CA$128.60 Million | ▼ -2.4 pp |
| 2008 | 14.9% | CA$345.33 Million | CA$2.32 Billion | CA$685.23 Million | CA$339.90 Million | ▲ +4.2 pp |
| 2007 | 10.7% | CA$140.37 Million | CA$1.32 Billion | CA$271.82 Million | CA$131.45 Million | ▼ -3.0 pp |
| 2006 | 13.7% | CA$166.48 Million | CA$1.22 Billion | CA$372.45 Million | CA$205.96 Million | ▼ -0.5 pp |
| 2005 | 14.2% | CA$152.75 Million | CA$1.07 Billion | CA$507.69 Million | CA$354.94 Million | ▼ -9.8 pp |
| 2004 | 24.0% | CA$557.31 Million | CA$2.32 Billion | CA$936.07 Million | CA$378.76 Million | ▲ +9.8 pp |
| 2003 | 14.2% | CA$248.26 Million | CA$1.75 Billion | CA$686.46 Million | CA$438.20 Million | ▲ +0.5 pp |
| 2002 | 13.7% | CA$210.26 Million | CA$1.54 Billion | CA$601.83 Million | CA$391.57 Million | ▼ -1.5 pp |
| 2001 | 15.2% | CA$215.92 Million | CA$1.42 Billion | CA$599.15 Million | CA$383.23 Million | ▲ +2.2 pp |
| 2000 | 13.1% | CA$157.74 Million | CA$1.21 Billion | CA$533.26 Million | CA$375.52 Million | ▼ -4.9 pp |
| 1999 | 17.9% | CA$162.90 Million | CA$908.80 Million | CA$354.50 Million | CA$191.60 Million | ▲ +6.1 pp |
| 1998 | 11.9% | CA$91.20 Million | CA$768.30 Million | CA$261.20 Million | CA$170.00 Million | ▼ -9.9 pp |
| 1997 | 21.8% | CA$151.90 Million | CA$696.60 Million | CA$292.70 Million | CA$140.80 Million | ▲ +10.5 pp |
| 1996 | 11.3% | CA$39.80 Million | CA$353.40 Million | CA$153.40 Million | CA$113.60 Million | ▼ -40.0 pp |
| 1995 | 51.2% | CA$67.00 Million | CA$130.80 Million | CA$89.30 Million | CA$22.30 Million | — |