Precision Drilling (Precision Drilling) Short-Term Capital Lease Obligation : $14 Mil (As of Mar. 2024)

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What is Precision Drilling Short-Term Capital Lease Obligation?

Precision Drilling's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $14 Mil.

Precision Drilling's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($10 Mil) to Dec. 2023 ($13 Mil) and increased from Dec. 2023 ($13 Mil) to Mar. 2024 ($14 Mil).

Precision Drilling's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($9 Mil) to Dec. 2022 ($9 Mil) and increased from Dec. 2022 ($9 Mil) to Dec. 2023 ($13 Mil).

Precision Drilling Short-Term Capital Lease Obligation Historical Data

The historical data trend for Precision Drilling's Short-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Precision Drilling Short-Term Capital Lease Obligation Chart

Precision Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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9.45

8.81

8.54

9.35

12.96

Precision Drilling Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															9.35	9.68	10.09	12.96	13.73

Precision Drilling Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Precision Drilling Short-Term Capital Lease Obligation Related Terms

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Precision Drilling (Precision Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Precision Drilling Corp (NYSE:PDS) » Definitions » Short-Term Capital Lease Obligation

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PD:Canada

Address

150 6th Avenue SW, Suite 4200, Calgary, AB, CAN, T2P3Y7

Website

https://www.precisiondrilling.com

Precision Drilling Corpd is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.