AKTAF (Akita Drilling) Ending Cash Position: $9.5 Mil (As of Jun. 2026)

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AKTAF Akita Drilling Ltd AKTAF
47 GF Score
Price $2.80
GF Value $1.52
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Akita Drilling Ending Cash Position?

Akita Drilling AKTAF -3.45% 47 Ending Cash Position is $9.5 Mil as of Jun. 2026. GuruFocus rates AKTAF with a GF Score™ of 47/100 and a GF Value™ of $1.52 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Akita Drilling's Ending Cash Position for the quarter that ended in Jun. 2026 was $9.5 Mil.

Akita Drilling's quarterly Ending Cash Position declined from Dec. 2025 ($6.4 Mil) to Mar. 2026 ($5.7 Mil) but then increased from Mar. 2026 ($5.7 Mil) to Jun. 2026 ($9.5 Mil).

Akita Drilling's annual Ending Cash Position declined from Dec. 2023 ($8.3 Mil) to Dec. 2024 ($4.9 Mil) but then increased from Dec. 2024 ($4.9 Mil) to Dec. 2025 ($6.4 Mil).


Akita Drilling Ending Cash Position Related Terms


Akita Drilling Ending Cash Position Historical Data

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The historical data trend for Akita Drilling's Ending Cash Position 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.

Akita Drilling Ending Cash Position Chart

Akita Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 9.80 8.34 4.94 6.43

Akita Drilling Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.48 8.57 6.43 5.65 9.45
AKTAF
47GF Score
Akita Drilling Ltd AKTAF
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Akita Drilling Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Akita Drilling's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=5.097+1.329
=6.4

Akita Drilling's Ending Cash Position for the quarter that ended in Jun. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=5.527+3.924
=9.5

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $9.5 Mil mean?
Akita Drilling (AKTAF) has a Ending Cash Position of $9.5 Mil as of Jun. 2026. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Akita Drilling and its competitors.
Is Akita Drilling's Ending Cash Position too high?
Akita Drilling's current Ending Cash Position is $9.5 Mil. Overall, Akita Drilling has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Ending Cash Position compare to NE and RIG?
Akita Drilling's Ending Cash Position of $9.5 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Akita Drilling and its competitors. Akita Drilling's current Ending Cash Position is $9.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (AKTAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.52, compared to a current price of $2.80 — trading 84.2% above its estimated fair value. The current Ending Cash Position is $9.5 Mil. Akita Drilling's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Akita Drilling (AKTAF), the current Ending Cash Position is $9.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Akita Drilling (AKTAF) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of $2.80 is trading 84.2% above its estimated GF Value™ of $1.52. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for AKTAF:

  • Ending Cash Position: $9.5 Mil
  • GF Value™: $1.52 vs. price of $2.80 (84.2% above fair value)
  • GF Score™: 47/100 with 2 warning signs

No single metric tells the full story. See the AKTAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akita Drilling Business Description

Industry EnergyOil & Gas
Other Exchanges AKT:Canada
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
47GF Score

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Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.80
Price
$1.52
GF Value