Precision Drilling (PDS) Prepaid Assets (2016 - 2020)
Precision Drilling's (PDS) quarterly Prepaid Assets came in at $179.1 million in Q4 2020, down 31.08% YoY from $259.9 million in Q1 2020, and down 31.08% on a QoQ basis from $259.9 million in Q4 2019.
Precision Drilling (PDS) Prepaid Assets (2016 - 2020) Analysis & Trends
Precision Drilling (PDS) has 5 years of Prepaid Assets data on file, last reported at $179.1 million in Q4 2020.
- Quarterly Prepaid Assets fell 31.08% year-over-year to $179.1 million in Q4 2020, while the trailing twelve-month figure through Dec 2020 was $179.1 million (down 31.08% YoY) and the FY2020 annual result came in at $174.3 million, down 32.59% from the prior year.
- Prepaid Assets fell to $179.1 million in Q4 2020, from $259.9 million in the prior quarter.
- In the past five years, Prepaid Assets ranged from a high of $307.9 million in Q4 2018 to a low of $3.0 million in Q2 2018.
- A 5-year average of $218.9 million and a median of $263.3 million in 2016 frame the typical range for Prepaid Assets.
- Annual changes were most pronounced in 2017 — Prepaid Assets climbed 11.12% — and 2020, when it slumped 31.08%.
- Tracing PDS's Prepaid Assets over 5 years: stood at $266.8 million in 2016, then climbed by 11.12% to $296.5 million in 2017, then climbed by 3.85% to $307.9 million in 2018, then fell by 15.6% to $259.9 million in 2019, then plunged by 31.08% to $179.1 million in 2020.
- The last three Prepaid Assets figures came in at $179.1 million (Q4 2020), $259.9 million (Q4 2019), and $307.9 million (Q4 2018), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 179.10 Mn |
| Dec 31, 2019 | 259.87 Mn |
| Dec 31, 2018 | 307.91 Mn |
| Jun 30, 2018 | 2.97 Mn |
| Dec 31, 2017 | 296.49 Mn |
| Dec 31, 2016 | 266.82 Mn |