Precision Drilling Balance Sheet

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	41.46	85.78	73.77	54.18	21.59	40.59
Cash & Short-Term Investments	41.46	85.78	73.77	54.18	21.59	40.59
Cash Growth	46.79%	16.28%	36.15%	150.99%	-46.81%	-62.69%
Accounts Receivable	410.27	274.36	296.68	334.5	322.78	179.63
Receivables	410.27	274.36	296.68	334.5	322.78	179.63
Inventory	53.3	48.99	43.3	35.27	35.16	23.43
Prepaid Expenses	-	77.78	82.03	86.92	91.15	76.11
Other Current Assets	-	-	5.5	-	-	-
Total Current Assets	505.03	486.92	501.28	510.88	470.67	319.76
Property, Plant & Equipment	2,221	2,216	2,422	2,402	2,363	2,310
Long-Term Investments	7.44	7.57	8.46	9.97	20.45	7.38
Other Intangible Assets	8.58	9.47	13	16.47	18.17	21.85
Long-Term Accounts Receivable	4.24	4.47	4.81	5	-	-
Long-Term Deferred Tax Assets	2.24	2.24	6.56	73.66	0.46	0.87
Long-Term Deferred Charges	-	-	-	0.84	1.41	2.07
Other Long-Term Assets	-	-	-	0.68	1.6	-
Total Assets	2,748	2,727	2,956	3,019	2,876	2,662
Accounts Payable	276.44	120.4	113.34	151.35	136.36	90.75
Accrued Expenses	-	99.85	130.68	138.35	153.93	133.37
Current Portion of Long-Term Debt	-	-	-	2.85	2.29	2.22
Current Portion of Leases	18.64	17.78	20.56	17.39	12.7	10.94
Current Income Taxes Payable	1.85	1.67	3.78	3.03	2.99	0.84
Current Unearned Revenue	-	26.8	36.16	46.06	-	-
Other Current Liabilities	-	33.61	34.18	14.99	101.76	-
Total Current Liabilities	296.93	300.1	338.69	374.01	410.03	238.12
Long-Term Debt	663.86	679.29	812.47	914.83	1,086	1,107
Long-Term Leases	49.58	47.17	54.57	57.12	52.98	45.82
Long-Term Deferred Tax Liabilities	99.69	90.76	47.45	73.52	28.95	12.22
Other Long-Term Liabilities	14.82	20.48	21.14	23.9	67.67	33.24
Total Liabilities	1,125	1,138	1,274	1,443	1,646	1,436
Common Stock	2,245	2,239	2,302	2,365	2,300	2,281
Additional Paid-In Capital	77.83	79.27	77.56	75.09	72.56	76.31
Retained Earnings	-879.25	-898.99	-900.83	-1,012	-1,301	-1,267
Comprehensive Income & Other	174.35	165.02	199.02	147.48	159.71	134.78
Total Common Equity	1,618	1,584	1,677	1,576	1,231	1,226
Minority Interest	5.12	4.82	4.53	-	-	-
Shareholders' Equity	1,623	1,589	1,682	1,576	1,231	1,226
Total Liabilities & Equity	2,748	2,727	2,956	3,019	2,876	2,662
Total Debt	732.07	744.24	887.59	992.19	1,154	1,166
Net Cash (Debt)	-690.61	-658.46	-813.82	-938.01	-1,132	-1,125
Net Cash Per Share	-52.53	-49.36	-57.17	-61.36	-83.59	-84.51
Filing Date Shares Outstanding	12.94	12.95	13.64	14.48	13.77	13.57
Total Common Shares Outstanding	12.95	12.93	13.78	14.34	13.56	13.3
Working Capital	208.1	186.82	162.59	136.87	60.64	81.64
Book Value Per Share	124.97	122.49	121.74	109.91	90.76	92.12
Tangible Book Value	1,610	1,575	1,664	1,559	1,212	1,204
Tangible Book Value Per Share	124.31	121.76	120.79	108.76	89.42	90.47
Land	-	28.96	36.85	43.24	32.59	31.42
Buildings	-	116.76	126.64	124.83	114.32	119.52
Machinery	-	6,648	7,047	6,624	6,642	6,285
Construction In Progress	-	142.26	133.54	126.87	117.54	67.88