Akita Drilling Ltd Registered Shs -A- Non Vtg AKT.A
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- CAD 1.53
- Day Range
- CAD 1.49–1.52
- 52-Week Range
- CAD 1.08–1.99
- Bid/Ask
- CAD 1.49 / CAD 1.51
- Market Cap
- CAD 59.60 Mil
- Volume/Avg
- 14,800 / 28,549
Key Statistics
- Price/Earnings (Normalized)
- 3.46
- Price/Sales
- 0.26
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, mainly to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Stock Style Box
- Small Core
- Total Number of Employees
- 1,068
- Website
- https://www.akita-drilling.com
Valuation
|
Metric
|
AKT.A
|
|---|---|
Price/Earnings (Normalized) | 3.46 |
Price/Book Value | 0.37 |
Price/Sales | 0.26 |
Price/Cash Flow | 1.57 |
Price/Earnings
AKT.A
Financial Strength
|
Metric
|
AKT.A
|
|---|---|
Quick Ratio | 1.82 |
Current Ratio | 1.85 |
Interest Coverage | 3.62 |
Quick Ratio
AKT.A
Profitability
|
Metric
|
AKT.A
|
|---|---|
Return on Assets (Normalized) | 6.18% |
Return on Equity (Normalized) | 10.98% |
Return on Invested Capital (Normalized) | 9.82% |
Return on Assets
AKT.A
Oil & Gas Drilling Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
NE
| Noble Corp PLC Class A | — | Qwsfc | $6.6 Bil | |
PTEN
| Patterson-UTI Energy Inc | Kqt | Kbbtx | $4.7 Bil | |
HP
| Helmerich & Payne Inc | Gxzrfstzv | Fpzx | $4.2 Bil | |
YZCFF
| Sinopec Oilfield Service Corp Class H | — | Kgjrf | $3.8 Bil | |
SDRL
| Seadrill Ltd | — | Dvdn | $3.5 Bil | |
BORR
| Borr Drilling Ltd | — | Vvjs | $1.4 Bil | |
DO
| Diamond Offshore Drilling Inc | — | Zbj | $1.4 Bil | |
ODFJF
| Odfjell Drilling Ltd | — | Xth | $1.1 Bil | |
PDS
| Precision Drilling Corp | Hvwcfxdc | Qwxtf | $988.1 Mil | |
NBR
| Nabors Industries Ltd | Hklnnglh | Xlhym | $763.9 Mil |