Precision Drilling
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Precision Drilling's balance sheet done over the years? Its assets were worth $3,019,035,000 last year, which is more than in the previous period. 48% of Precision Drilling’s total assets is currently financed by debt. Its liabilities reached the amount of $1,443,373,000, which means an decrease by -12% compared compared to last year.
Debt to Assets
| 2014 | 5308996000 | 2.86B | 54.01% |
|---|---|---|---|
| 2015 | 4878690000 | 2.75B | 56.52% |
| 2016 | 4324214000 | 2.36B | 54.62% |
| 2017 | 3892931000 | 2.08B | 53.5% |
| 2018 | 3636043000 | 2.07B | 57.16% |
| 2019 | 3269840000 | 1.74B | 53.29% |
| 2020 | 2898878000 | 1.49B | 51.48% |
| 2021 | 2661752000 | 1.43B | 53.96% |
| 2022 | 2876123000 | 1.64B | 57.22% |
| 2023 | 3019035000 | 1.44B | 47.81% |
PDS Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 54.18M | 21.58M | 40.58M | 108.77M | 74.70M | 96.62M | 65.08M | 115.70M | 444.75M | 491.48M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 421.42M | 413.92M | 255.74M | 207.20M | 311.34M | 372.33M | 352.03M | 331.76M | 260.90M | 527.65M |
Inventory | 35.27M | 35.15M | 23.42M | 26.28M | 31.71M | 34.08M | 24.63M | 24.13M | 24.24M | 9.17M |
Other current assets | 0 | 91.15M | 76.11M | 76.50M | 67.38M | 79.97M | 81.89M | 55.85M | 50.68M | 125.54M |
Total current assets | 510.88M | 470.67M | 319.75M | 342.26M | 417.76M | 522.70M | 441.74M | 471.61M | 780.59M | 1.09B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.40B | 2.36B | 2.30B | 2.52B | 2.81B | 3.03B | 3.17B | 3.64B | 3.88B | 3.92B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 205.16M | 207.39M | 208.47M | 219.71M |
Intangible assets | 16.46M | 19.57M | 23.91M | 27.66M | 31.74M | 35.40M | 28.11M | 3.31M | 3.36M | 3.30M |
Long term investments | 9.97M | 20.45M | 7.38M | 2.55B | 2.84B | 0 | 0 | -934.76M | 2.91M | 0 |
Other non-current assets | 6.52M | 1.60M | 0 | -2.55B | -2.84B | 2.44M | 2.25M | -931.44M | -356.71M | 58.43M |
Total non-current assets | 2.50B | 2.40B | 2.34B | 2.55B | 2.85B | 3.11B | 3.45B | 3.85B | 4.09B | 4.21B |
Total assets | 3.01B | 2.87B | 2.66B | 2.89B | 3.26B | 3.63B | 3.89B | 4.32B | 4.87B | 5.30B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 20.23M | 14.98M | 13.15M | 12.18M | 12.44M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 365.64M | 410.02M | 238.12M | 166.84M | 216.06M | 282.16M | 209.62M | 240.73M | 243.78M | 500.22M |
| Non-current liabilities: | ||||||||||
Long term debt | 971.95M | 1.13B | 1.15B | 1.28B | 1.48B | 1.70B | 1.73B | 1.90B | 2.18B | 1.85B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 32.26M | 67.67M | 33.24M | 19.07M | 18.78M | 1.66B | 142.53M | 2.04B | 29.72M | 515.22M |
Total non-current liabilities | 1.07B | 1.23B | 1.19B | 1.32B | 1.52B | 1.79B | 1.87B | 2.12B | 2.51B | 2.36B |
Total liabilities | 1.44B | 1.64B | 1.43B | 1.49B | 1.74B | 2.07B | 2.08B | 2.36B | 2.75B | 2.86B |
| Data source |