Precision Capital Surpluse from 2010 to 2024

PDS Stock  USD 62.44  0.84  1.36%   
Precision Drilling Capital Surpluse yearly trend continues to be comparatively stable with very little volatility. Capital Surpluse will likely drop to about 63.1 M in 2024. From the period from 2010 to 2024, Precision Drilling Capital Surpluse quarterly data regression had r-value of  0.89 and coefficient of variation of  34.55. View All Fundamentals
 
Capital Surpluse  
First Reported
2016-12-31
Previous Quarter
73.7 M
Current Value
74.4 M
Quarterly Volatility
29.4 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 233.5 M, Interest Expense of 118 M or Total Revenue of 1.5 B, 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.
  
Check out the analysis of Precision Drilling Correlation against competitors.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.

Latest Precision Drilling's Capital Surpluse Growth Pattern

Below is the plot of the Capital Surpluse of Precision Drilling over the last few years. It is Precision Drilling's Capital Surpluse historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
Capital Surpluse10 Years Trend
Slightly volatile
   Capital Surpluse   
       Timeline  

Precision Capital Surpluse Regression Statistics

Arithmetic Mean52,314,152
Geometric Mean49,546,165
Coefficient Of Variation34.55
Mean Deviation16,098,562
Median44,037,000
Standard Deviation18,074,808
Sample Variance326.7T
Range47.6M
R-Value0.89
Mean Square Error72.3T
R-Squared0.79
Slope3,602,224
Total Sum of Squares4573.8T

Precision Capital Surpluse History

202463.1 M
202383.4 M
202272.6 M
202176.3 M
202072.9 M
201966.3 M
201852.3 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Capital Surpluse, to determine how well the company is positioned to perform in the future. Although Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Surpluse83.4 M63.1 M

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Additional Tools for Precision Stock Analysis

When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.