Precision Net Tangible Assets from 2010 to 2024

PD Stock  CAD 92.47  0.84  0.92%   
Precision Drilling Net Tangible Assets yearly trend continues to be very stable with very little volatility. Net Tangible Assets are likely to grow to about 1.3 B this year. Net Tangible Assets is the total assets of Precision Drilling minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2016-12-31
Previous Quarter
1.2 B
Current Value
1.2 B
Quarterly Volatility
180.3 M
 
Covid
Check Precision Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 230.1 M, Interest Expense of 117.2 M or Selling General Administrative of 112.5 M, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0612 or PTB Ratio of 0.6. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
This module can also supplement various Precision Drilling Technical models . Check out the analysis of Precision Drilling Correlation against competitors.
To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.

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Additional Information and Resources on Investing in Precision Stock

When determining whether Precision Drilling is a strong investment it is important to analyze Precision Drilling's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Precision Drilling's future performance. For an informed investment choice regarding Precision Stock, refer to the following important reports:
Check out the analysis of Precision Drilling Correlation against competitors.
To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between Precision Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.