PDS
Price:
$65.08
Market Cap:
$1.26B
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 North America and the Middle East. The company operates in two segments, Contract Drilling Services; and Completion and Production Services. The Contract Drilling Services segment offers onshore well drilling services to exploration and production companies in the oil and natural gas industry. This segment's services include land and turnkey drilling; and procurement and distribution of oilfield supplies, as well as manufacture and refurbishment of drilling and service rig equipment. ...[Read more]
Industry
Oil & Gas Drilling
IPO Date
1996-11-15
Stock Exchange
NYSE
Ticker
PDS
According to Precision Drilling Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.51. This represents a change of -2.86% compared to the average of 1.55 of the last 4 quarters.
The mean historical Current Ratio of Precision Drilling Corporation over the last ten years is 1.92. The current 1.51 Current Ratio has changed 7.76% with respect to the historical average. Over the past ten years (40 quarters), PDS's Current Ratio was at its highest in in the June 2016 quarter at 4.01. The Current Ratio was at its lowest in in the December 2022 quarter at 1.15.
Average
1.92
Median
1.95
Minimum
1.15
Maximum
3.20
Discovering the peaks and valleys of Precision Drilling Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 45.78%
Maximum Annual Current Ratio = 3.20
Minimum Annual Increase = -38.82%
Minimum Annual Current Ratio = 1.15
Year | Current Ratio | Change |
---|---|---|
2023 | 1.40 | 21.72% |
2022 | 1.15 | -14.52% |
2021 | 1.34 | -34.54% |
2020 | 2.05 | 6.10% |
2019 | 1.93 | 4.37% |
2018 | 1.85 | -12.09% |
2017 | 2.11 | 7.57% |
2016 | 1.96 | -38.82% |
2015 | 3.20 | 45.78% |
2014 | 2.20 | 15.14% |
The current Current Ratio of Precision Drilling Corporation (PDS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.30
5-year avg
1.57
10-year avg
1.92
Precision Drilling Corporation’s Current Ratio is less than Helmerich & Payne, Inc. (2.12), less than Nabors Industries Ltd. (1.82), less than Diamond Offshore Drilling, Inc. (1.73), less than Seadrill Limited (3.19), greater than Patterson-UTI Energy, Inc. (1.50), less than Noble Corporation (1.55), greater than Borr Drilling Limited (1.47), greater than Transocean Ltd. (1.36),
Company | Current Ratio | Market cap |
---|---|---|
2.12 | $3.00B | |
1.82 | $630.13M | |
1.73 | $1.44B | |
3.19 | $2.63B | |
1.50 | $3.22B | |
1.55 | $5.66B | |
1.47 | $1.35B | |
1.36 | $3.61B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Precision Drilling Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Precision Drilling Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Precision Drilling Corporation's Current Ratio?
How is the Current Ratio calculated for Precision Drilling Corporation (PDS)?
What is the highest Current Ratio for Precision Drilling Corporation (PDS)?
What is the 3-year average Current Ratio for Precision Drilling Corporation (PDS)?
What is the 5-year average Current Ratio for Precision Drilling Corporation (PDS)?
How does the current Current Ratio for Precision Drilling Corporation (PDS) compare to its historical average?