Precision Total Stockholder Equity from 2010 to 2024

PDS Stock  USD 62.44  0.84  1.36%   
Precision Drilling Total Stockholder Equity yearly trend continues to be comparatively stable with very little volatility. Total Stockholder Equity is likely to outpace its year average in 2024. Total Stockholder Equity is the total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. View All Fundamentals
 
Total Stockholder Equity  
First Reported
1995-06-30
Previous Quarter
1.6 B
Current Value
1.7 B
Quarterly Volatility
696.4 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 Total Stockholder Equity Growth Pattern

Below is the plot of the Total Stockholder Equity of Precision Drilling over the last few years. It is the total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Precision Drilling's Total Stockholder Equity 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.
Total Stockholder Equity10 Years Trend
Pretty Stable
   Total Stockholder Equity   
       Timeline  

Precision Total Stockholder Equity Regression Statistics

Arithmetic Mean1,695,170,454
Geometric Mean1,482,936,755
Coefficient Of Variation34.42
Mean Deviation428,243,090
Median1,734,923,806
Standard Deviation583,496,450
Sample Variance340468.1T
Range2.3B
R-Value(0.17)
Mean Square Error356070.9T
R-Squared0.03
Significance0.54
Slope(22,170,758)
Total Sum of Squares4766553.5T

Precision Total Stockholder Equity History

20241.7 B
20231.6 B
20221.2 B
20211.2 B
20201.4 B
20191.5 B
20181.6 B

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Total Stockholder Equity, 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
Total Stockholder Equity1.6 B1.7 B

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.