PRECISION DRILLING Operating Margin vs. Current Ratio
| PRE1 Stock | EUR 59.00 0.50 0.85% |
For PRECISION DRILLING profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PRECISION DRILLING to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PRECISION DRILLING P utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PRECISION DRILLING's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PRECISION DRILLING P over time as well as its relative position and ranking within its peers.
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PRECISION DRILLING Current Ratio vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PRECISION DRILLING's current stock value. Our valuation model uses many indicators to compare PRECISION DRILLING value to that of its competitors to determine the firm's financial worth. PRECISION DRILLING P is regarded fifth in operating margin category among its peers. It is regarded third in current ratio category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PRECISION DRILLING's earnings, one of the primary drivers of an investment's value.PRECISION Current Ratio vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
PRECISION DRILLING |
| = | (0.01) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
PRECISION DRILLING |
| = | 1.99 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
PRECISION Current Ratio Comparison
PRECISION DRILLING is regarded second in current ratio category among its peers.
PRECISION DRILLING Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PRECISION DRILLING, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PRECISION DRILLING will eventually generate negative long term returns. The profitability progress is the general direction of PRECISION DRILLING's change in net profit over the period of time. It can combine multiple indicators of PRECISION DRILLING, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related products and services in North America and the Middle East. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. PRECISION DRILLING operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3500 people.
PRECISION Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PRECISION DRILLING. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of PRECISION DRILLING position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the PRECISION DRILLING's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your PRECISION DRILLING position
In addition to having PRECISION DRILLING in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 99 constituents at this time.
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Other Information on Investing in PRECISION Stock
To fully project PRECISION DRILLING's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PRECISION DRILLING at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include PRECISION DRILLING's income statement, its balance sheet, and the statement of cash flows.