Precision Drilling Corporation (PDS)

Precision Drilling Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	30.95	54.18	21.59	40.59	108.77	74.7
Cash & Short-Term Investments	30.95	54.18	21.59	40.59	108.77	74.7
Cash Growth	-25.64%	150.99%	-46.81%	-62.69%	45.61%	-22.69%
Receivables	432.67	334.5	322.78	179.63	130.7	245.11
Inventory	36.02	35.27	35.16	23.43	26.28	31.72
Prepaid Expenses	-	86.92	91.15	76.11	76.51	66.24
Total Current Assets	499.64	510.88	470.67	319.76	342.26	417.77
Property, Plant & Equipment	2,415	2,402	2,363	2,310	2,528	2,816
Long-Term Investments	10.2	9.97	20.45	7.38	-	-
Other Intangible Assets	16.37	16.47	18.17	21.85	25.56	29.47
Long-Term Accounts Receivable	4.89	5	-	-	-	-
Long-Term Deferred Tax Assets	50.29	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	2,997	3,019	2,876	2,662	2,899	3,270
Accounts Payable	266.3	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	2.87	2.85	2.29	2.22	0.9	-
Current Portion of Leases	18.58	17.39	12.7	10.94	11.29	12.45
Current Income Taxes Payable	3.78	3.03	2.99	0.84	3.7	4.14
Total Current Liabilities	291.53	365.64	410.03	238.12	166.84	216.07
Long-Term Debt	935.14	914.83	1,086	1,107	1,236	1,427
Long-Term Leases	57.74	57.12	52.98	45.82	48.88	54.98
Long-Term Deferred Tax Liabilities	64.03	73.52	28.95	12.22	21.24	25.39
Other Long-Term Liabilities	13.24	32.26	67.67	33.24	19.07	18.79
Total Liabilities	1,362	1,443	1,646	1,436	1,492	1,742
Common Stock	2,377	2,365	2,300	2,281	2,286	2,296
Additional Paid-In Capital	74.48	75.09	72.56	76.31	72.92	66.26
Retained Earnings	-975.51	-1,012.03	-1,301.27	-1,266.98	-1,089.59	-969.46
Comprensive Income & Other	159.57	147.48	159.71	134.78	137.58	134.26
Shareholders' Equity	1,635	1,576	1,231	1,226	1,407	1,527
Total Liabilities & Equity	2,997	3,019	2,876	2,662	2,899	3,270
Total Debt	1,014	992.19	1,154	1,166	1,297	1,495
Net Cash (Debt)	-983.39	-938.01	-1,132.35	-1,125.19	-1,188.5	-1,419.91
Net Cash Per Share	-64.78	-61.36	-83.59	-84.51	-86.61	-95.56
Filing Date Shares Outstanding	14.48	14.48	13.77	13.57	13.3	13.6
Total Common Shares Outstanding	14.48	14.34	13.56	13.3	13.46	13.86
Working Capital	208.11	145.24	60.64	81.64	175.42	201.7
Book Value Per Share	112.96	109.91	90.76	92.12	104.51	110.16
Tangible Book Value	1,619	1,559	1,212	1,204	1,381	1,498
Tangible Book Value Per Share	111.82	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.