AKITA Drilling Ltd
TSX:AKT.A

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AKITA Drilling Ltd Logo
AKITA Drilling Ltd
TSX:AKT.A
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Price: 1.95 CAD 0.52% Market Closed
Market Cap: 77.5m CAD

Operating Margin
AKITA Drilling Ltd

5.4%
Current
1%
Average
7.2%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
5.4%
=
Operating Profit
11.4m
/
Revenue
212.1m

Operating Margin Across Competitors

AKITA Drilling Ltd
Glance View

Market Cap
77.5m CAD
Industry
N/A

Akita Drilling Ltd. engages in the drilling solutions in the field of oil and natural gas. The company is headquartered in Calgary, Alberta and currently employs 400 full-time employees. The firm is oil and gas drilling contractor with a fleet of 37 drilling rigs. AKITA provides contract drilling services through two geographical segments: Canada and the United States. In addition to conventional drilling, the Company specializes in pad and other purpose-built drilling rigs and is active in directional, horizontal and underbalanced drilling providing specialized drilling services to a range of independent and multinational oil and gas companies. With a fleet of 20 rigs, the Company's Canadian division operates in Alberta, British Columbia, Saskatchewan, Yukon and the Northwest Territories. With a fleet of 17 rigs, the Company's United States division conducts operations in Colorado, Wyoming, Texas, New Mexico, North Dakota and Oklahoma.

AKT.A Intrinsic Value
4.47 CAD
Undervaluation 56%
Intrinsic Value
Price
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
5.4%
=
Operating Profit
11.4m
/
Revenue
212.1m
What is the Operating Margin of AKITA Drilling Ltd?

Based on AKITA Drilling Ltd's most recent financial statements, the company has Operating Margin of 5.4%.

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