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AKITA Drilling Stock

AKITA Drilling Equity 2024

AKITA Drilling Equity

155.96 M CAD

Ticker

AKT.A.TO

ISIN

CA0099051009

WKN

913304

In 2024, AKITA Drilling's equity was 155.96 M CAD, a 13.14% increase from the 137.85 M CAD equity in the previous year.

AKITA Drilling Aktienanalyse

What does AKITA Drilling do?

AKITA Drilling Ltd is a Canadian company specializing in providing drilling and exploration services to customers in North America. The company was founded in 1993 and is headquartered in Calgary, Alberta. It operates a fleet of 31 drilling rigs in various regions of Canada and the USA. AKITA Drilling offers a wide range of services, from planning and preparing drilling sites to conducting drilling and exploration work. The company is known for its ability to perform drilling in challenging geological conditions and specializes in horizontal well drilling. It also provides additional value-added services such as testing and analysis to determine well productivity and consulting services for project planning and optimization. AKITA Drilling has a strong reputation in the oil and gas industry for its high-quality work, technological advancements, and efficient operations. It continues to invest in modernizing its drilling rigs and methods to provide customers with the best solutions and services in the future. AKITA Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing AKITA Drilling's Equity

AKITA Drilling's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding AKITA Drilling's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating AKITA Drilling's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

AKITA Drilling's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in AKITA Drilling’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about AKITA Drilling stock

What is the equity of AKITA Drilling this year?

AKITA Drilling has equity of 155.96 M CAD this year.

What was the equity of AKITA Drilling compared to the previous year?

The equity of AKITA Drilling has increased/decreased by 13.14% increased compared to the previous year.

What impact does a high equity have on investors of AKITA Drilling?

A high equity is advantageous for investors of AKITA Drilling as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of AKITA Drilling?

A low equity can be a risk for investors of AKITA Drilling, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of AKITA Drilling affect the company?

An increase in equity of AKITA Drilling can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of AKITA Drilling affect the company?

A reduction in equity of AKITA Drilling can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of AKITA Drilling?

Some factors that can affect the equity of AKITA Drilling include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of AKITA Drilling so important for investors?

The equity of AKITA Drilling is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can AKITA Drilling take to change the equity?

To change equity, AKITA Drilling can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does AKITA Drilling pay?

Over the past 12 months, AKITA Drilling paid a dividend of 0.17 CAD . This corresponds to a dividend yield of about 11.56 %. For the coming 12 months, AKITA Drilling is expected to pay a dividend of 0 CAD.

What is the dividend yield of AKITA Drilling?

The current dividend yield of AKITA Drilling is 11.56 %.

When does AKITA Drilling pay dividends?

AKITA Drilling pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of AKITA Drilling?

AKITA Drilling paid dividends every year for the past 3 years.

What is the dividend of AKITA Drilling?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is AKITA Drilling located?

AKITA Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von AKITA Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of AKITA Drilling from 7/3/2019 amounting to 0.085 CAD, you needed to have the stock in your portfolio before the ex-date on 6/18/2019.

When did AKITA Drilling pay the last dividend?

The last dividend was paid out on 7/3/2019.

What was the dividend of AKITA Drilling in the year 2023?

In the year 2023, AKITA Drilling distributed 0 CAD as dividends.

In which currency does AKITA Drilling pay out the dividend?

The dividends of AKITA Drilling are distributed in CAD.

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Andere Kennzahlen von AKITA Drilling

Our stock analysis for AKITA Drilling Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of AKITA Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.