Precision Drilling Corporation (PDS) - Net assets

Net assets on the balance sheet as of June 2024 : HK$9.29 B

According to Precision Drilling Corporation's latest financial reports the company has HK$9.29 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Precision Drilling Corporation - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$7.08 B	-6.16%
2021-12-31	$HK$7.55 B	-11.71%
2020-12-31	$HK$8.55 B	-6.81%
2019-12-31	$HK$9.17 B	2.63%
2018-12-31	$HK$8.94 B	-20.52%
2017-12-31	$HK$11.25 B	-0.64%
2016-12-31	$HK$11.32 B	-4.36%
2015-12-31	$HK$11.83 B	-27.51%
2014-12-31	$HK$16.33 B	-6.62%
2013-12-31	$HK$17.48 B	3.57%
2012-12-31	$HK$16.88 B	3.7%
2011-12-31	$HK$16.28 B	8.38%
2010-12-31	$HK$15.02 B	-21.03%
2009-12-31	$HK$19.02 B	29.07%
2008-12-31	$HK$14.73 B	40.63%
2007-12-31	$HK$10.48 B	28.92%
2006-12-31	$HK$8.13 B	13.61%
2005-12-31	$HK$7.15 B	-51.96%
2004-12-31	$HK$14.89 B	43.79%
2003-12-31	$HK$10.35 B	36.66%
2002-12-31	$HK$7.58 B	9.3%
2001-12-31	$HK$6.93 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Patterson-UTI Energy PTEN	HK$35.92 B	286.50%	🇺🇸 USA
Helmerich & Payne HP	HK$22.26 B	139.59%	🇺🇸 USA
Nabors Industries NBR	HK$9.84 B	5.92%	🇧🇲 Bermuda

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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