Precision Short Term Debt from 2010 to 2025

PDS Stock  USD 50.57  1.42  2.73%   
Precision Drilling Short Term Debt yearly trend continues to be comparatively stable with very little volatility. Short Term Debt will likely drop to about 19.5 M in 2025. From the period from 2010 to 2025, Precision Drilling Short Term Debt quarterly data regression had r-value of (0.31) and coefficient of variation of  263.05. View All Fundamentals
 
Short Term Debt  
First Reported
1996-03-31
Previous Quarter
20.2 M
Current Value
20.6 M
Quarterly Volatility
346.6 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 237 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 0.56, Dividend Yield of 0.0612 or PTB Ratio of 0.69. 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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Precision Drilling over the last few years. It is Precision Drilling's Short Term Debt 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.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Precision Short Term Debt Regression Statistics

Arithmetic Mean184,861,683
Geometric Mean0.00
Coefficient Of Variation263.05
Mean Deviation308,720,814
Median12,449,000
Standard Deviation486,286,641
Sample Variance236474.7T
Range1.6B
R-Value(0.31)
Mean Square Error229453T
R-Squared0.09
Significance0.25
Slope(31,379,008)
Total Sum of Squares3547120.5T

Precision Short Term Debt History

202519.5 M
202420.6 M
202320.2 M
202215 M
202113.2 M
202012.2 M
201912.4 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Short Term Debt, 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
Short Term Debt20.6 M19.5 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.