Patterson-UTI Energy PTEN Cash ratio
Cash ratio at other companies
Other financials
Where this comes from
Calculated from Patterson-UTI Energy’s reported figures.
Based on the most recent quarter.
The official record: Patterson-UTI Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Patterson-UTI Energy's cash ratio?
- Patterson-UTI Energy (PTEN) reported cash ratio of 0.5× in Q1 2026.
- How has Patterson-UTI Energy's cash ratio changed year-over-year?
- Patterson-UTI Energy's cash ratio increased by 70.1% year-over-year, from 0.3× to 0.5×.
- What is the long-term trend for Patterson-UTI Energy's cash ratio?
- Over 5 years (2020 to 2025), Patterson-UTI Energy's cash ratio has grown at a -9.9% compound annual growth rate (CAGR), from 0.8× to 0.5×.
- What does cash ratio mean?
- Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.