Precision Drilling Corporation (PDS)

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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	28.25	73.77	54.18	21.59	40.59	108.77
Cash & Short-Term Investments	28.25	73.77	54.18	21.59	40.59	108.77
Cash Growth	-8.73%	36.15%	150.99%	-46.81%	-62.69%	45.61%
Accounts Receivable	397.68	296.68	334.5	322.78	179.63	130.7
Receivables	397.68	296.68	334.5	322.78	179.63	130.7
Inventory	49.18	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	6.01	5.5	-	-	-	-
Total Current Assets	481.11	501.28	510.88	470.67	319.76	342.26
Property, Plant & Equipment	2,406	2,422	2,402	2,363	2,310	2,528
Long-Term Investments	8.52	8.46	9.97	20.45	7.38	-
Other Intangible Assets	13.54	13	16.47	18.17	21.85	25.56
Long-Term Accounts Receivable	4.67	4.81	5	-	-	-
Long-Term Deferred Tax Assets	2.44	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	2,916	2,956	3,019	2,876	2,662	2,899
Accounts Payable	271.7	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	230.22	-	2.85	2.29	2.22	0.9
Current Portion of Leases	19.7	20.56	17.39	12.7	10.94	11.29
Current Income Taxes Payable	4.53	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	526.14	338.69	374.01	410.03	238.12	166.84
Long-Term Debt	567.82	812.47	914.83	1,086	1,107	1,236
Long-Term Leases	51.68	54.57	57.12	52.98	45.82	48.88
Long-Term Deferred Tax Liabilities	56.57	47.45	73.52	28.95	12.22	21.24
Other Long-Term Liabilities	12.87	21.14	23.9	67.67	33.24	19.07
Total Liabilities	1,215	1,274	1,443	1,646	1,436	1,492
Common Stock	2,287	2,302	2,365	2,300	2,281	2,286
Additional Paid-In Capital	77.01	77.56	75.09	72.56	76.31	72.92
Retained Earnings	-866.32	-900.83	-1,012	-1,301	-1,267	-1,090
Comprehensive Income & Other	197.83	199.02	147.48	159.71	134.78	137.58
Total Common Equity	1,696	1,677	1,576	1,231	1,226	1,407
Minority Interest	4.96	4.53	-	-	-	-
Shareholders' Equity	1,701	1,682	1,576	1,231	1,226	1,407
Total Liabilities & Equity	2,916	2,956	3,019	2,876	2,662	2,899
Total Debt	869.42	887.59	992.19	1,154	1,166	1,297
Net Cash (Debt)	-841.18	-813.82	-938.01	-1,132	-1,125	-1,189
Net Cash Per Share	-57.82	-57.17	-61.36	-83.59	-84.51	-86.61
Filing Date Shares Outstanding	13.69	13.64	14.48	13.77	13.57	13.3
Total Common Shares Outstanding	13.69	13.78	14.34	13.56	13.3	13.46
Working Capital	-45.03	162.59	136.87	60.64	81.64	175.42
Book Value Per Share	123.84	121.74	109.91	90.76	92.12	104.51
Tangible Book Value	1,682	1,664	1,559	1,212	1,204	1,381
Tangible Book Value Per Share	122.85	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 Apr 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q