Precision Drilling Corporation (PDS)

Precision Drilling Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	85.78	73.77	54.18	21.59	40.59
Cash & Short-Term Investments	85.78	73.77	54.18	21.59	40.59
Cash Growth	16.28%	36.15%	150.99%	-46.81%	-62.69%
Accounts Receivable	352.14	296.68	334.5	322.78	179.63
Receivables	352.14	296.68	334.5	322.78	179.63
Inventory	48.99	43.3	35.27	35.16	23.43
Prepaid Expenses	-	82.03	86.92	91.15	76.11
Other Current Assets	-	5.5	-	-	-
Total Current Assets	486.92	501.28	510.88	470.67	319.76
Property, Plant & Equipment	2,216	2,422	2,402	2,363	2,310
Long-Term Investments	7.57	8.46	9.97	20.45	7.38
Other Intangible Assets	9.47	13	16.47	18.17	21.85
Long-Term Accounts Receivable	4.47	4.81	5	-	-
Long-Term Deferred Tax Assets	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	2,727	2,956	3,019	2,876	2,662
Accounts Payable	280.65	113.34	151.35	136.36	90.75
Accrued Expenses	-	130.68	138.35	153.93	133.37
Current Portion of Long-Term Debt	-	-	2.85	2.29	2.22
Current Portion of Leases	17.78	20.56	17.39	12.7	10.94
Current Income Taxes Payable	1.67	3.78	3.03	2.99	0.84
Current Unearned Revenue	-	36.16	46.06	-	-
Other Current Liabilities	-	34.18	14.99	101.76	-
Total Current Liabilities	300.1	338.69	374.01	410.03	238.12
Long-Term Debt	679.29	812.47	914.83	1,086	1,107
Long-Term Leases	47.17	54.57	57.12	52.98	45.82
Long-Term Deferred Tax Liabilities	90.76	47.45	73.52	28.95	12.22
Other Long-Term Liabilities	20.48	21.14	23.9	67.67	33.24
Total Liabilities	1,138	1,274	1,443	1,646	1,436
Common Stock	2,239	2,302	2,365	2,300	2,281
Additional Paid-In Capital	79.27	77.56	75.09	72.56	76.31
Retained Earnings	-898.99	-900.83	-1,012	-1,301	-1,267
Comprehensive Income & Other	165.02	199.02	147.48	159.71	134.78
Total Common Equity	1,584	1,677	1,576	1,231	1,226
Minority Interest	4.82	4.53	-	-	-
Shareholders' Equity	1,589	1,682	1,576	1,231	1,226
Total Liabilities & Equity	2,727	2,956	3,019	2,876	2,662
Total Debt	744.24	887.59	992.19	1,154	1,166
Net Cash (Debt)	-658.46	-813.82	-938.01	-1,132	-1,125
Net Cash Per Share	-49.36	-57.17	-61.36	-83.59	-84.51
Filing Date Shares Outstanding	12.93	13.64	14.48	13.77	13.57
Total Common Shares Outstanding	12.93	13.78	14.34	13.56	13.3
Working Capital	186.82	162.59	136.87	60.64	81.64
Book Value Per Share	122.49	121.74	109.91	90.76	92.12
Tangible Book Value	1,575	1,664	1,559	1,212	1,204
Tangible Book Value Per Share	121.76	120.79	108.76	89.42	90.47
Land	-	36.85	43.24	32.59	31.42
Buildings	-	126.64	124.83	114.32	119.52
Machinery	-	7,047	6,624	6,642	6,285
Construction In Progress	-	133.54	126.87	117.54	67.88

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q