Parker Drilling Co Quick Ratio (PKD) starting from the fourth quarter 2019 to fourth quarter 2018, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Parker Drilling Co  (NYSE: PKD)

Parker Drilling Co's Quick Ratio

PKD's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the fourth quarter 2019, Quick Ratio fell to 0.86 above Parker Drilling Co average.

Within Oil Well Services & Equipment industry 6 other companies have achieved higher Quick Ratio than Parker Drilling Co in fourth quarter 2019. While Quick Ratio total ranking in the fourth quarter 2019 has deteriorated compared to the prior quarter from 1877 to 2219.

Explain Quick Ratio?
How much Cash & cash equivalents PKD´s has?
What are PKD´s Current Liabilities?




PKD Quick Ratio (Dec 31 2019)
Q4
(Sep 30 2019)
Q3
(Jun 30 2019)
Q2
(Mar 31 2019)
Q1
(Dec 31 2018)
Q4
Y / Y Current Liabilities Change 28.73 % 6.08 % 18.83 % 48.68 % -8.71 %
Y / Y Cash & cash equivalent Change 115.94 % 23.71 % 21.53 % 8.06 % -65.66 %
Quick Ratio MRQ 0.86 0.89 1.1 0.91 0.51
PKD's Total Ranking # 2219 # 1877 # 1378 # 1585 # 2377
Seq. Current Liabilities Change 6.88 % -9.72 % -10.19 % 48.56 % -11.92 %
Seq. Cash & cash equivalent Change 3.8 % -27.31 % 8.8 % 163.05 % -40.53 %



Quick Ratio fourth quarter 2019 Company Ranking
Within: No.
Oil Well Services & Equipment Industry # 7
Energy Sector # 49
Overall Market # 2219


Quick Ratio Statistics
High Average Low
1.6 0.77 0.25
(Mar 31 2017)   (Mar 31 2012)




Financial Statements
Parker Drilling Co's Current Liabilities $ 122 Millions Visit PKD's Balance sheet
Parker Drilling Co's Cash & cash equivalent $ 105 Millions Visit PKD's Balance sheet
Source of PKD's Sales Visit PKD's Sales by Geography


Cumulative Parker Drilling Co's Quick Ratio

PKD's Quick Ratio for the trailling 12 Months

PKD Quick Ratio

(Dec 31 2019)
12 Months
(Sep 30 2019)
12 Months
(Jun 30 2019)
12 Months
(Mar 31 2019)
12 Months
(Dec 31 2018)
12 Months
Y / Y Current Liabilities TTM Growth 24.76 % 15.43 % 18.46 % 11.94 % 0.67 %
Y / Y Cash & cash equivalent TTM Growth 30.27 % -8.64 % -19.8 % -29.31 % -34.99 %
Quick Ratio TTM 0.94 0.88 0.85 0.83 0.9
Total Ranking TTM # 5037 # 5001 # 1613 # 1172 # 5013
Seq. Current Liabilities TTM Growth 5.72 % 1.39 % 4.46 % 11.43 % -2.19 %
Seq. Cash & cash equivalent TTM Growth 13.52 % 4.88 % 6.61 % 2.63 % -20.38 %


On the trailing twelve months basis PKD Cash & cash equivalent more than doubled by 115.94 % in Q4 2019 year on year, faster than Current Liabilities, this led to increase in in Parker Drilling Co's Quick Ratio to 0.94, above PKD average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil Well Services & Equipment industry 18 other companies have achieved higher Quick Ratio than Parker Drilling Co. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2019 from 5001 to 5037.

Explain Quick Ratio?
How much Cash & cash equivalents PKD´s has?
What are PKD´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Oil Well Services & Equipment Industry # 19
Energy Sector # 208
Within the Market # 5037


trailing twelve months Quick Ratio Statistics
High Average Low
1.4 0.88 0.48
(Dec 31 2017)   (Dec 31 2014)




Companies with similar Quick Ratio in the quarter ending Dec 31 2019, within Oil Well Services & Equipment Industry Quick RatioDec 31 2019 MRQ Cash & cash equivalentDec 31 2019 MRQ Current Liabilities
Highpeak Energy Inc   1.59 $ 84.261  Millions$ 52.890  Millions
Transocean ltd   1.18 $ 2,348.000  Millions$ 1,995.000  Millions
Seadrill Partners llc  1.08 $ 560.000  Millions$ 516.600  Millions
Helmerich and Payne inc   0.98 $ 400.903  Millions$ 410.238  Millions
Seadrill Limited  0.94 $ 631.000  Millions$ 674.000  Millions
Parker Drilling Co  0.86 $ 104.951  Millions$ 121.834  Millions
Borr Drilling Limited  0.85 $ 128.500  Millions$ 151.400  Millions
Patterson uti Energy Inc   0.43 $ 174.185  Millions$ 400.602  Millions
Diamond Offshore Drilling Inc   0.39 $ 156.281  Millions$ 398.250  Millions

Date modified: 2026-09-08T15:09:51+00:00



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