AKITA Drilling - Stock

AKITA Drilling Market capitalization 2024

AKITA Drilling Market capitalization

53.74 M CAD

Ticker

AKT.A.TO

ISIN

CA0099051009

WKN

913304

In 2024, AKITA Drilling's market cap stood at 53.74 M CAD, a -7.46% increase from the 58.07 M CAD market cap in the previous year.

The AKITA Drilling Market capitalization history

YEARREVENUE (undefined CAD)GROSS MARGIN (%)NET INCOME (undefined CAD)
2026e270.8918,1319.61
2025e265.7418,4817.65
2024e235.8720,8211.37
2023225.4821,7818.42
202220124,434.29
2021110.0918,39-20.99
2020119.741,03-93.3
2019175.927,92-19.9
2018118.441,48-15.9
201771.268,97-39.2
201661.180,385.3
2015112.543,65-34
2014165.329,7121.1
2013168.129,2126.5
2012203.424,1428.8
2011199.924,5723.4
2010145.133,857.5
2009106.346,208.4
2008137.235,7914.8
200714234,5820.8
2006174.528,1433.8
2005162.130,3029.3
2004135.736,1920.9

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.

Market capitalization Details

Exploring AKITA Drilling's Market Capitalization

AKITA Drilling's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of AKITA Drilling's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

AKITA Drilling's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in AKITA Drilling’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about AKITA Drilling Stock

What is the current AKITA Drilling market capitalization?

The current market capitalization of AKITA Drilling is 53.74 M CAD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like AKITA Drilling.

How has the market capitalization of AKITA Drilling developed in recent years?

The market capitalization of AKITA Drilling has increased/decreased by -7.46% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of AKITA Drilling?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of AKITA Drilling?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of AKITA Drilling have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 12.69 %. 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 12.69 %.

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.