Precision Drilling Corporation (PDS) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$2.09 Billion

According to Precision Drilling Corporation's latest financial reports the company has NZ$2.09 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Precision Drilling Corporation - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.42 B	1.45%
2021-12-31	$NZ$1.40 B	-7.92%
2020-12-31	$NZ$1.52 B	-11.95%
2019-12-31	$NZ$1.73 B	1.86%
2018-12-31	$NZ$1.70 B	-15.91%
2017-12-31	$NZ$2.02 B	-3.81%
2016-12-31	$NZ$2.10 B	-5.66%
2015-12-31	$NZ$2.23 B	-16.79%
2014-12-31	$NZ$2.68 B	-2.11%
2013-12-31	$NZ$2.74 B	3.34%
2012-12-31	$NZ$2.65 B	-1.19%
2011-12-31	$NZ$2.68 B	7.18%
2010-12-31	$NZ$2.50 B	-25.89%
2009-12-31	$NZ$3.38 B	2.68%
2008-12-31	$NZ$3.29 B	91.14%
2007-12-31	$NZ$1.72 B	16.13%
2006-12-31	$NZ$1.48 B	9.88%
2005-12-31	$NZ$1.35 B	-50.15%
2004-12-31	$NZ$2.70 B	30.6%
2003-12-31	$NZ$2.07 B	11.69%
2002-12-31	$NZ$1.85 B	-13.29%
2001-12-31	$NZ$2.14 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Patterson-UTI Energy PTEN	NZ$6.08 B	190.49%	🇺🇸 USA
Helmerich & Payne HP	NZ$4.86 B	132.33%	🇺🇸 USA
Nabors Industries NBR	NZ$2.10 B	0.36%	🇧🇲 Bermuda

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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