Precision Drilling Corporation (TSX:PD)

Precision Drilling Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	38.31	73.77	54.18	21.59	40.59	108.77
Cash & Short-Term Investments	38.31	73.77	54.18	21.59	40.59	108.77
Cash Growth	57.63%	36.15%	150.99%	-46.81%	-62.69%	45.61%
Accounts Receivable	365.11	296.68	334.5	322.78	179.63	130.7
Receivables	365.11	296.68	334.5	322.78	179.63	130.7
Inventory	46.26	43.3	35.27	35.16	23.43	26.28
Prepaid Expenses	-	82.03	86.92	91.15	76.11	76.51
Other Current Assets	-	5.5	-	-	-	-
Total Current Assets	449.68	501.28	510.88	470.67	319.76	342.26
Property, Plant & Equipment	2,326	2,422	2,402	2,363	2,310	2,528
Long-Term Investments	7.85	8.46	9.97	20.45	7.38	-
Other Intangible Assets	10.35	13	16.47	18.17	21.85	25.56
Long-Term Accounts Receivable	4.4	4.81	5	-	-	-
Long-Term Deferred Tax Assets	2.23	6.56	73.66	0.46	0.87	1.1
Long-Term Deferred Charges	-	-	0.84	1.41	2.07	2.11
Other Long-Term Assets	-	-	0.68	1.6	-	-
Total Assets	2,801	2,956	3,019	2,876	2,662	2,899
Accounts Payable	264.3	113.34	151.35	136.36	90.75	56.92
Accrued Expenses	-	130.68	138.35	153.93	133.37	94.04
Current Portion of Long-Term Debt	-	-	2.85	2.29	2.22	0.9
Current Portion of Leases	18.04	20.56	17.39	12.7	10.94	11.29
Current Income Taxes Payable	2.36	3.78	3.03	2.99	0.84	3.7
Current Unearned Revenue	-	36.16	46.06	-	-	-
Other Current Liabilities	-	34.18	14.99	101.76	-	-
Total Current Liabilities	284.69	338.69	374.01	410.03	238.12	166.84
Long-Term Debt	687.73	812.47	914.83	1,086	1,107	1,236
Long-Term Leases	48.11	54.57	57.12	52.98	45.82	48.88
Long-Term Deferred Tax Liabilities	94.61	47.45	73.52	28.95	12.22	21.24
Other Long-Term Liabilities	18.49	21.14	23.9	67.67	33.24	19.07
Total Liabilities	1,134	1,274	1,443	1,646	1,436	1,492
Common Stock	2,264	2,302	2,365	2,300	2,281	2,286
Additional Paid-In Capital	79.59	77.56	75.09	72.56	76.31	72.92
Retained Earnings	-856.82	-900.83	-1,012	-1,301	-1,267	-1,090
Comprehensive Income & Other	175.45	199.02	147.48	159.71	134.78	137.58
Total Common Equity	1,663	1,677	1,576	1,231	1,226	1,407
Minority Interest	4.64	4.53	-	-	-	-
Shareholders' Equity	1,667	1,682	1,576	1,231	1,226	1,407
Total Liabilities & Equity	2,801	2,956	3,019	2,876	2,662	2,899
Total Debt	753.88	887.59	992.19	1,154	1,166	1,297
Net Cash (Debt)	-715.57	-813.82	-938.01	-1,132	-1,125	-1,189
Net Cash Per Share	-50.93	-57.17	-61.36	-83.59	-84.51	-86.61
Filing Date Shares Outstanding	13.17	13.64	14.48	13.77	13.57	13.3
Total Common Shares Outstanding	13.17	13.78	14.34	13.56	13.3	13.46
Working Capital	164.99	162.59	136.87	60.64	81.64	175.42
Book Value Per Share	126.21	121.74	109.91	90.76	92.12	104.51
Tangible Book Value	1,652	1,664	1,559	1,212	1,204	1,381
Tangible Book Value Per Share	125.42	120.79	108.76	89.42	90.47	102.61
Land	-	36.85	43.24	32.59	31.42	33.21
Buildings	-	126.64	124.83	114.32	119.52	122.28
Machinery	-	7,047	6,624	6,642	6,285	6,347
Construction In Progress	-	133.54	126.87	117.54	67.88	60.57

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.