Precision Interest Income from 2010 to 2024

PDS Stock  USD 62.44  0.84  1.36%   
Precision Drilling Interest Income yearly trend continues to be comparatively stable with very little volatility. Interest Income will likely drop to about 1.3 M in 2024. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
690 K
Current Value
777 K
Quarterly Volatility
11.9 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 Interest Income Growth Pattern

Below is the plot of the Interest Income of Precision Drilling over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Precision Drilling's Interest Income 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.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Precision Interest Income Regression Statistics

Arithmetic Mean89,114,893
Geometric Mean56,577,202
Coefficient Of Variation46.68
Mean Deviation26,123,819
Median87,792,000
Standard Deviation41,599,827
Sample Variance1730.5T
Range150.8M
R-Value(0.41)
Mean Square Error1551.2T
R-Squared0.17
Significance0.13
Slope(3,809,140)
Total Sum of Squares24227.6T

Precision Interest Income History

20241.3 M
20231.4 M
202276.6 M
202192.2 M
2020112 M
2019109.7 M
2018130.8 M

Other Fundumenentals of Precision Drilling

Precision Drilling Interest Income component correlations

0.980.710.290.830.80.980.830.46-0.890.430.290.760.34-0.240.460.760.95-0.760.37-0.390.380.360.01
0.980.60.350.840.850.920.820.5-0.910.470.280.640.3-0.240.50.730.91-0.740.37-0.390.360.360.1
0.710.6-0.240.310.260.770.260.1-0.54-0.050.560.930.68-0.180.10.790.85-0.74-0.01-0.050.160.18-0.19
0.290.35-0.240.570.420.220.460.52-0.160.91-0.350.0-0.23-0.570.53-0.350.160.360.93-0.890.830.74-0.05
0.830.840.310.570.920.80.920.58-0.670.610.070.430.09-0.280.590.420.65-0.440.58-0.580.530.50.07
0.80.850.260.420.920.720.860.54-0.750.470.160.290.1-0.030.540.530.64-0.560.35-0.350.30.280.22
0.980.920.770.220.80.720.80.4-0.840.380.290.840.36-0.220.410.760.95-0.750.36-0.390.390.35-0.07
0.830.820.260.460.920.860.80.51-0.750.51-0.020.42-0.06-0.120.510.460.63-0.490.46-0.440.360.320.11
0.460.50.10.520.580.540.40.51-0.360.350.460.090.42-0.121.00.130.28-0.10.4-0.360.310.25-0.05
-0.89-0.91-0.54-0.16-0.67-0.75-0.84-0.75-0.36-0.32-0.23-0.55-0.21-0.06-0.36-0.76-0.840.78-0.160.18-0.1-0.04-0.12
0.430.47-0.050.910.610.470.380.510.35-0.32-0.390.17-0.19-0.590.36-0.130.330.140.91-0.90.870.73-0.18
0.290.280.56-0.350.070.160.29-0.020.46-0.23-0.390.330.930.150.450.50.34-0.47-0.360.3-0.24-0.150.1
0.760.640.930.00.430.290.840.420.09-0.550.170.330.48-0.350.10.640.87-0.60.26-0.310.380.39-0.15
0.340.30.68-0.230.090.10.36-0.060.42-0.21-0.190.930.48-0.10.420.480.43-0.42-0.170.110.020.05-0.18
-0.24-0.24-0.18-0.57-0.28-0.03-0.22-0.12-0.12-0.06-0.590.15-0.35-0.1-0.130.12-0.28-0.16-0.690.63-0.78-0.890.29
0.460.50.10.530.590.540.410.511.0-0.360.360.450.10.42-0.130.130.29-0.10.41-0.370.320.26-0.06
0.760.730.79-0.350.420.530.760.460.13-0.76-0.130.50.640.480.120.130.79-0.99-0.260.25-0.17-0.14-0.09
0.950.910.850.160.650.640.950.630.28-0.840.330.340.870.43-0.280.290.79-0.760.3-0.330.370.38-0.04
-0.76-0.74-0.740.36-0.44-0.56-0.75-0.49-0.10.780.14-0.47-0.6-0.42-0.16-0.1-0.99-0.760.28-0.250.220.18-0.04
0.370.37-0.010.930.580.350.360.460.4-0.160.91-0.360.26-0.17-0.690.41-0.260.30.28-0.980.940.84-0.18
-0.39-0.39-0.05-0.89-0.58-0.35-0.39-0.44-0.360.18-0.90.3-0.310.110.63-0.370.25-0.33-0.25-0.98-0.93-0.820.07
0.380.360.160.830.530.30.390.360.31-0.10.87-0.240.380.02-0.780.32-0.170.370.220.94-0.930.93-0.31
0.360.360.180.740.50.280.350.320.25-0.040.73-0.150.390.05-0.890.26-0.140.380.180.84-0.820.93-0.15
0.010.1-0.19-0.050.070.22-0.070.11-0.05-0.12-0.180.1-0.15-0.180.29-0.06-0.09-0.04-0.04-0.180.07-0.31-0.15
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About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Interest Income, 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
Interest Income1.4 M1.3 M
Net Interest Income-87.5 M-91.8 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.