PDSPrecision Drilling Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -95% · now 18% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can PDS take a bad year?
The deepest fall in PDS's price history on file is −95%; it is 18% below its high today.
Net debt · as at FY2025 · debt less the cash on hand
- Debt / equity
- 0.43×
Debt / equity
- Annualised volatility
- 40%
Annualised volatility · roughly twice as jumpy as the market
- Worst drawdown on file
- −95%
Worst drawdown on file · −18% today
Details›
- Total debtFY2025
- $679M
- Cash and short-term investments
- $86M
- Net debt
- $594M
- Debt / equity
- 0.43×
- Annualised volatilitytwo years of daily moves
- 40%
- Worst drawdown on file
- −95%
- Below its 52-week high
- 18%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.