Precision Drilling Corporation (PDS) quarterly balance sheet — complete assets, liabilities & equity history
Precision Drilling Corporation (PDS) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 469.47M | 506.34M | 486.92M | 449.68M | 411.03M | 481.11M | 501.28M | 472.56M | 469.95M | 499.64M | 510.88M | 477.4M | 413.09M | 515.44M | 470.67M | 489.58M | 394.72M | 392.94M | 319.76M | 332.42M |
| Cash & Short-Term Investments | 66.29M | 41.57M | 85.78M | 38.31M | 46.7M | 28.25M | 73.77M | 24.3M | 48.23M | 30.95M | 54.18M | 49.06M | 22.92M | 41.62M | 21.59M | 40.05M | 51.64M | 24.1M | 40.59M | 57.1M |
| Cash Only | 66.29M | 41.57M | 85.78M | 38.31M | 46.7M | 28.25M | 73.77M | 24.3M | 48.23M | 30.95M | 54.18M | 49.06M | 22.92M | 41.62M | 21.59M | 40.05M | 51.64M | 24.1M | 40.59M | 57.1M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 348.48M | 411.33M | 352.14M | 365.11M | 318.61M | 397.68M | 378.71M | 401.65M | 376.62M | 432.67M | 421.43M | 393.29M | 353.5M | 437.26M | 413.93M | 419.22M | 316.53M | 344.16M | 179.63M | 249.55M |
| Days Sales Outstanding | 76.35 | 65.31 | 68.95 | 68.04 | 80.15 | 70.39 | 76.67 | 75.03 | 85.79 | 73.63 | 73.94 | 104.46 | 84.53 | 68.57 | 75.07 | 109.09 | 118.75 | 83.94 | 84.59 | 82.88 |
| Inventory | 54.7M | 53.44M | 0 | 0 | 45.72M | 49.18M | 0 | 41.4M | 38.46M | 36.02M | 35.27M | 35.05M | 36.67M | 36.56M | 35.16M | 30.32M | 26.55M | 24.68M | 23.43M | 25.77M |
| Days Inventory Outstanding | 59.51 | 57.03 | - | - | 57.68 | 58.98 | - | 48.93 | 9.43 | 41.47 | 41.08 | 12.41 | 9.97 | 7.84 | 7.32 | 10.22 | 9.67 | 8.27 | 10.1 | 9.16 |
| Other Current Assets | 0 | 0 | 48.99M | 46.26M | 0 | 6.01M | 48.8M | 5.2M | 6.64M | 0 | 0 | 0 | 0 | 0 | -91.15M | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2.26B | 2.25B | 2.24B | 2.35B | 2.33B | 2.43B | 2.46B | 2.42B | 2.44B | 2.49B | 2.51B | 2.33B | 2.32B | 2.38B | 2.41B | 2.44B | 2.31B | 2.3B | 2.34B | 2.39B |
| Property, Plant & Equipment | 2.23B | 2.23B | 2.22B | 2.33B | 2.31B | 2.41B | 2.42B | 2.36B | 2.39B | 2.42B | 2.4B | 2.3B | 2.28B | 2.34B | 2.36B | 2.4B | 2.28B | 2.26B | 2.31B | 2.35B |
| Fixed Asset Turnover | 0.20x | 0.24x | 0.21x | 0.20x | 0.17x | 0.21x | 0.20x | 0.20x | 0.18x | 0.22x | 0.22x | 0.14x | 0.18x | 0.24x | 0.21x | 0.13x | 0.11x | 0.12x | 0.10x | 0.11x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7.69M | 8.6M | 9.47M | 10.35M | 11.24M | 13.54M | 13M | 15.57M | 16.66M | 16.37M | 17.31M | 18.05M | 0 | 18.55M | 19.57M | 0 | 0 | 0 | 23.91M | 0 |
| Long-Term Investments | 6.87M | 4.25M | 7.57M | 7.85M | 8.22M | 8.52M | 8.46M | 6.68M | 5.07M | 4.89M | 5M | 10.64M | 15.63M | 16.28M | 20.45M | 11.73M | 9.14M | 12.95M | 7.38M | 7.6M |
| Other Non-Current Assets | 8.23M | 7.46M | 4.47M | 6.62M | 4.53M | 4.67M | 4.81M | 5.63M | 7.23M | 55.88M | -281.67M | 5.81M | 682K | 695K | 1.6M | 1.63M | 1.52M | 10.35M | 5.84M | 5.99M |
| Total Assets | 2.73B | 2.76B | 2.73B | 2.8B | 2.74B | 2.92B | 2.96B | 2.89B | 2.91B | 2.99B | 3.02B | 2.81B | 2.73B | 2.89B | 2.88B | 2.93B | 2.7B | 2.69B | 2.66B | 2.72B |
| Asset Turnover | 0.17x | 0.19x | 0.17x | 0.17x | 0.14x | 0.17x | 0.16x | 0.16x | 0.15x | 0.18x | 0.17x | 0.12x | 0.15x | 0.19x | 0.18x | 0.11x | 0.09x | 0.10x | 0.09x | 0.09x |
| Asset Growth % | -0.59% | -5.51% | -7.77% | -3.02% | -5.89% | -2.53% | -2.08% | 2.84% | 6.65% | 3.47% | 4.97% | -4.07% | 1.04% | 7.37% | 8.05% | 7.61% | 0.31% | -3.67% | -8.18% | -11.48% |
| Total Current Liabilities | 322.56M | 297.7M | 300.1M | 284.69M | 407.35M | 526.14M | 338.69M | 306.08M | 311.48M | 291.53M | 374.01M | 299.66M | 278.25M | 266.59M | 410.03M | 337.3M | 283.23M | 230.19M | 238.12M | 212.16M |
| Accounts Payable | 302.57M | 277.16M | 120.39M | 264.3M | 250.9M | 271.7M | 113.34M | 282.81M | 290.44M | 266.3M | 151.35M | 280.52M | 261.5M | 248.14M | 136.36M | 320.35M | 268.69M | 215.59M | 90.75M | 198.13M |
| Days Payables Outstanding | 319.04 | 212.14 | 199.9 | 75.52 | 317.64 | 230.91 | 221.66 | 351.25 | 70.52 | 242.96 | 252.32 | 93.78 | 69.37 | 42.06 | 51.04 | 105.83 | 91.45 | 52.68 | 59.32 | 66.04 |
| Short-Term Debt | 0 | 18.69M | 0 | 0 | 136.18M | 230.22M | 0 | 952K | 963K | 2.87M | 2.85M | 2.29M | 2.27M | 2.29M | 2.29M | 2.31M | 2.24M | 2.21M | 2.22M | 2.23M |
| Deferred Revenue (Current) | 0 | 0 | 26.8M | 0 | 0 | 0 | 36.16M | 0 | 0 | 0 | 3.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | -18.64M | 0 | 0 | 0 | 0 | 0 | 3.06M | 1.11M | 3.78M | 8.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 839K | 0 |
| Current Ratio | 1.46x | 1.70x | 1.62x | 1.58x | 1.01x | 0.91x | 1.48x | 1.54x | 1.51x | 1.71x | 1.37x | 1.59x | 1.48x | 1.93x | 1.15x | 1.45x | 1.39x | 1.71x | 1.34x | 1.57x |
| Quick Ratio | 1.29x | 1.52x | 1.62x | 1.58x | 0.90x | 0.82x | 1.48x | 1.41x | 1.39x | 1.59x | 1.27x | 1.48x | 1.35x | 1.80x | 1.06x | 1.36x | 1.30x | 1.60x | 1.24x | 1.45x |
| Cash Conversion Cycle | -183.18 | -89.8 | - | - | -179.81 | -101.53 | - | -227.29 | 24.71 | -127.86 | -137.3 | 23.09 | 25.13 | 34.36 | 31.35 | 13.48 | 36.98 | 39.54 | 35.37 | 26 |
| Total Non-Current Liabilities | 798.55M | 830.08M | 837.71M | 848.94M | 670.29M | 688.94M | 935.62M | 920.81M | 970.27M | 1.07B | 1.07B | 1.12B | 1.11B | 1.29B | 1.24B | 1.36B | 1.24B | 1.27B | 1.2B | 1.25B |
| Long-Term Debt | 626.33M | 665.57M | 679.29M | 687.73M | 546.43M | 567.82M | 812.47M | 787.01M | 844.67M | 935.14M | 914.83M | 963.83M | 964.1M | 1.16B | 1.09B | 1.24B | 1.14B | 1.17B | 1.11B | 1.16B |
| Capital Lease Obligations | 51.15M | 49.71M | 47.17M | 48.11M | 48.6M | 51.68M | 54.57M | 54.01M | 55.84M | 57.74M | 57.12M | 55.14M | 53.45M | 52.44M | 52.98M | 52.36M | 45.64M | 45.3M | 45.82M | 46.5M |
| Deferred Tax Liabilities | 105.57M | 99.95M | 90.76M | 94.61M | 60.99M | 56.57M | 47.45M | 62.05M | 53.13M | 0 | 73.52M | 70.15M | 63.58M | 46.48M | 28.95M | 21.54M | 15.34M | 11.83M | 12.22M | 12.6M |
| Other Non-Current Liabilities | 15.51M | 14.85M | 20.48M | 18.49M | 14.27M | 12.87M | 21.14M | 17.75M | 16.63M | 77.28M | 23.89M | 35.69M | 24.63M | 24.67M | 67.67M | 42.3M | 41.38M | 37.69M | 33.24M | 32.36M |
| Total Liabilities | 1.12B | 1.13B | 1.14B | 1.13B | 1.08B | 1.22B | 1.27B | 1.23B | 1.28B | 1.36B | 1.44B | 1.42B | 1.38B | 1.55B | 1.65B | 1.69B | 1.53B | 1.5B | 1.44B | 1.47B |
| Total Debt | 697.02M | 752.6M | 744.24M | 753.88M | 749.6M | 869.42M | 887.59M | 861.23M | 920.44M | 1.01B | 992.19M | 1.03B | 1.03B | 1.23B | 1.15B | 1.31B | 1.2B | 1.23B | 1.17B | 1.22B |
| Net Debt | 630.73M | 711.03M | 658.46M | 715.57M | 702.9M | 841.18M | 813.82M | 836.93M | 872.21M | 983.39M | 938.01M | 985.85M | 1.01B | 1.19B | 1.13B | 1.27B | 1.15B | 1.21B | 1.13B | 1.17B |
| Debt / Equity | 0.43x | 0.46x | 0.47x | 0.45x | 0.45x | 0.51x | 0.53x | 0.52x | 0.56x | 0.62x | 0.63x | 0.75x | 0.77x | 0.92x | 0.94x | 1.06x | 1.02x | 1.03x | 0.95x | 0.98x |
| Debt / EBITDA | 7.18x | 6.07x | 12.55x | 3.82x | 6.93x | 6.32x | 7.36x | 6.05x | 8.00x | 7.09x | 7.01x | 12.27x | 7.27x | 6.05x | 12.67x | 15.15x | 24.09x | 41.86x | 23.08x | 26.93x |
| Net Debt / EBITDA | 6.50x | 5.74x | 11.10x | 3.63x | 6.50x | 6.12x | 6.75x | 5.88x | 7.58x | 6.87x | 6.62x | 11.69x | 7.11x | 5.84x | 12.43x | 14.69x | 23.06x | 41.04x | 22.28x | 25.67x |
| Interest Coverage | 1.26x | 3.17x | -2.60x | 2.98x | 2.67x | 5.74x | 2.40x | 4.14x | 2.70x | 3.69x | 5.00x | 1.79x | 3.10x | 5.99x | 1.54x | 2.63x | 0.01x | -1.08x | -0.23x | -1.05x |
| Total Equity | 1.61B | 1.63B | 1.59B | 1.67B | 1.67B | 1.7B | 1.68B | 1.66B | 1.63B | 1.64B | 1.58B | 1.38B | 1.35B | 1.34B | 1.23B | 1.23B | 1.18B | 1.19B | 1.23B | 1.25B |
| Equity Growth % | -3.58% | -4.32% | -5.54% | 0.37% | 1.99% | 4% | 6.75% | 20.04% | 21.07% | 22.09% | 28.05% | 12.24% | 14.36% | 12.25% | 0.41% | -1.69% | -7.98% | -12.4% | -12.87% | -14.2% |
| Book Value per Share | 119.70 | 125.76 | 121.73 | 119.20 | 119.05 | 119.05 | 120.25 | 111.56 | 113.43 | 113.49 | 101.60 | 101.67 | 91.45 | 90.27 | 90.87 | 81.95 | 86.80 | 88.54 | 92.12 | 94.25 |
| Total Shareholders' Equity | 1.6B | 1.62B | 1.58B | 1.66B | 1.66B | 1.7B | 1.68B | 1.66B | 1.63B | 1.64B | 1.58B | 1.38B | 1.35B | 1.34B | 1.23B | 1.23B | 1.18B | 1.19B | 1.23B | 1.25B |
| Common Stock | 2.21B | 2.25B | 2.24B | 2.26B | 2.27B | 2.29B | 2.3B | 2.34B | 2.35B | 2.38B | 2.37B | 2.31B | 2.31B | 2.31B | 2.3B | 2.29B | 2.3B | 2.3B | 2.28B | 2.28B |
| Retained Earnings | -875.18M | -881.53M | -898.99M | -856.82M | -850.06M | -866.32M | -900.83M | -915.63M | -954.81M | -975.51M | -1.01B | -1.16B | -1.18B | -1.21B | -1.3B | -1.3B | -1.34B | -1.31B | -1.27B | -1.24B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 187.43M | 174.8M | 165.02M | 175.45M | 159.39M | 197.83M | 199.02M | 158.6M | 165.17M | 159.57M | 147.48M | 161.55M | 146.99M | 158.25M | 159.71M | 169.13M | 141.38M | 130.58M | 134.78M | 135.39M |
| Minority Interest | 4.84M | 5.13M | 4.82M | 4.64M | 4.66M | 4.96M | 4.53M | 4.39M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |