Precision Drilling (PDS) Debt Ratio (2018 - 2024)
Precision Drilling's Debt Ratio history spans 5 years, with the latest figure at 0.27 for Q4 2024.
- For Q4 2024, Debt Ratio fell 9.59% year-over-year to 0.27; the TTM value through Dec 2024 reached 0.27, down 9.59%, while the annual FY2024 figure was 0.27, 9.59% down from the prior year.
- Debt Ratio reached 0.27 in Q4 2024 per PDS's latest filing, down from 0.3 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.38 in Q4 2022 to a low of 0.0 in Q4 2020.
- Average Debt Ratio over 4 years is 0.24, with a median of 0.29 recorded in 2023.
- Peak YoY movement for Debt Ratio: fell 19.67% in 2023, then dropped 9.59% in 2024.
- A 4-year view of Debt Ratio shows it stood at 0.0 in 2020, then surged by 122318.19% to 0.38 in 2022, then dropped by 19.67% to 0.3 in 2023, then decreased by 9.59% to 0.27 in 2024.
- Per Business Quant, the three most recent readings for PDS's Debt Ratio are 0.27 (Q4 2024), 0.3 (Q4 2023), and 0.38 (Q4 2022).