Precision Drilling (Precision Drilling) Total Liabilities : $1,076 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Precision Drilling Total Liabilities?

Precision Drilling's Total Liabilities for the quarter that ended in Dec. 2023 was $1,076 Mil.

Precision Drilling's quarterly Total Liabilities increased from Jun. 2023 ($1,041.71 Mil) to Sep. 2023 ($1,052.74 Mil) and increased from Sep. 2023 ($1,052.74 Mil) to Dec. 2023 ($1,075.86 Mil).

Precision Drilling's annual Total Liabilities increased from Dec. 2021 ($1,122.03 Mil) to Dec. 2022 ($1,211.33 Mil) but then declined from Dec. 2022 ($1,211.33 Mil) to Dec. 2023 ($1,075.86 Mil).

Precision Drilling Total Liabilities Historical Data

The historical data trend for Precision Drilling's Total Liabilities 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.

* Premium members only.

Precision Drilling Total Liabilities Chart

Precision Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

Get a 7-Day Free Trial

1,323.11

1,164.99

1,122.03

1,211.33

1,075.86

Precision Drilling Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Liabilities	Get a 7-Day Free Trial															1,211.33	1,134.12	1,041.71	1,052.74	1,075.86

Precision Drilling Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Precision Drilling's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	272.542	+	(724.474	+	5.321
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	54.797	+	18.725)
	=	1,076

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	2250.324	-	1174.465
	=	1,076

Precision Drilling's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	272.542	+	(724.474	+	5.321
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	54.797	+	18.725)
	=	1,076

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	2250.324	-	1174.465
	=	1,076

Precision Drilling Total Liabilities Related Terms

Thank you for viewing the detailed overview of Precision Drilling's Total Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Precision Drilling (Precision Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Precision Drilling Corp (NYSE:PDS) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

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.