Precision Good Will from 2010 to 2024

PDS Stock  USD 62.44  0.84  1.36%   
Precision Drilling Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will is likely to outpace its year average in 2024. Good Will is an intangible asset that arises when Precision Drilling acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
1998-03-31
Previous Quarter
27.7 M
Current Value
1
Quarterly Volatility
238.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
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 Good Will Growth Pattern

Below is the plot of the Good Will of Precision Drilling over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Precision Drilling's Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Precision Good Will Regression Statistics

Arithmetic Mean141,864,369
Geometric Mean35,424,878
Coefficient Of Variation93.80
Mean Deviation120,187,073
Median205,167,000
Standard Deviation133,074,222
Sample Variance17708.7T
Range364.5M
R-Value(0.91)
Mean Square Error3345T
R-Squared0.82
Slope(27,020,956)
Total Sum of Squares247922.5T

Precision Good Will History

2024-720.8 K
2023-758.7 K
2021-843 K
202027.7 M
201931.7 M
201835.4 M
2017205.2 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Good Will, 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
Good Will-758.7 K-720.8 K

Thematic Opportunities

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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.