Balance Sheet Data

Precision Drilling Corporation (PDS)

$60.29

+0.36 (+0.60%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 74.70108.7740.5921.5954.18107.73121.16136.27153.26172.37
Total Cash (%)
Account Receivables 311.35207.21255.74413.92421.43503.90566.73637.39716.86806.25
Account Receivables (%)
Inventories 31.7226.2823.4335.1635.2748.9755.0861.9569.6778.36
Inventories (%)
Accounts Payable 199.48150.96224.12392.05342.38408.42459.34516.61581.03653.47
Accounts Payable (%)
Capital Expenditure -160.69-61.59-75.94-184.25-232.09-209.55-235.68-265.06-298.11-335.28
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.