Precision Drilling Corporation (PDS)

Precision Drilling Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	24.3	54.18	21.59	40.59	108.77	74.7
Cash & Short-Term Investments	24.3	54.18	21.59	40.59	108.77	74.7
Cash Growth	-50.47%	150.99%	-46.81%	-62.69%	45.61%	-22.69%
Accounts Receivable	401.65	334.5	322.78	179.63	130.7	243.96
Other Receivables	-	-	-	-	-	1.14
Receivables	401.65	334.5	322.78	179.63	130.7	245.11
Inventory	41.4	35.27	35.16	23.43	26.28	31.72
Prepaid Expenses	-	86.92	91.15	76.11	76.51	66.24
Other Current Assets	5.2	-	-	-	-	-
Total Current Assets	472.56	510.88	470.67	319.76	342.26	417.77
Property, Plant & Equipment	2,360	2,402	2,363	2,310	2,528	2,816
Long-Term Investments	6.69	9.97	20.45	7.38	-	-
Other Intangible Assets	15.57	16.47	18.17	21.85	25.56	29.47
Long-Term Accounts Receivable	4.94	5	-	-	-	-
Long-Term Deferred Tax Assets	27.77	73.66	0.46	0.87	1.1	4.72
Long-Term Deferred Charges	-	0.84	1.41	2.07	2.11	2.27
Other Long-Term Assets	0.7	0.68	1.6	-	-	-
Total Assets	2,888	3,019	2,876	2,662	2,899	3,270
Accounts Payable	282.81	151.35	136.36	90.75	56.92	91.47
Accrued Expenses	-	191.03	255.69	133.37	94.04	108.01
Current Portion of Long-Term Debt	0.95	2.85	2.29	2.22	0.9	-
Current Portion of Leases	19.26	17.39	12.7	10.94	11.29	12.45
Current Income Taxes Payable	3.06	3.03	2.99	0.84	3.7	4.14
Total Current Liabilities	306.08	365.64	410.03	238.12	166.84	216.07
Long-Term Debt	787.01	914.83	1,086	1,107	1,236	1,427
Long-Term Leases	54.01	57.12	52.98	45.82	48.88	54.98
Long-Term Deferred Tax Liabilities	62.05	73.52	28.95	12.22	21.24	25.39
Other Long-Term Liabilities	17.75	32.26	67.67	33.24	19.07	18.79
Total Liabilities	1,227	1,443	1,646	1,436	1,492	1,742
Common Stock	2,337	2,365	2,300	2,281	2,286	2,296
Additional Paid-In Capital	76.66	75.09	72.56	76.31	72.92	66.26
Retained Earnings	-915.63	-1,012	-1,301	-1,267	-1,090	-969.46
Comprehensive Income & Other	158.6	147.48	159.71	134.78	137.58	134.26
Shareholders' Equity	1,661	1,576	1,231	1,226	1,407	1,527
Total Liabilities & Equity	2,888	3,019	2,876	2,662	2,899	3,270
Total Debt	861.23	992.19	1,154	1,166	1,297	1,495
Net Cash (Debt)	-836.93	-938.01	-1,132	-1,125	-1,189	-1,420
Net Cash Per Share	-56.24	-61.36	-83.59	-84.51	-86.61	-95.56
Filing Date Shares Outstanding	14.07	14.48	13.77	13.57	13.3	13.6
Total Common Shares Outstanding	14.07	14.34	13.56	13.3	13.46	13.86
Working Capital	166.47	145.24	60.64	81.64	175.42	201.7
Book Value Per Share	117.77	109.91	90.76	92.12	104.51	110.16
Tangible Book Value	1,641	1,559	1,212	1,204	1,381	1,498
Tangible Book Value Per Share	116.66	108.76	89.42	90.47	102.61	108.04
Land	-	43.24	32.59	31.42	33.21	33.55
Buildings	-	124.83	114.32	119.52	122.28	126.18
Machinery	-	6,624	6,642	6,285	6,347	6,444
Construction In Progress	-	126.87	117.54	67.88	60.57	67.74

Source: S&P Capital IQ. Standard template. Financial Sources.