PUMP Stock | | | USD 8.40 0.08 0.94% |
ProPetro Holding financial indicator trend analysis is much more than just breaking down ProPetro Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProPetro Holding Corp is a good investment. Please check the relationship between ProPetro Holding Common Stock Shares Outstanding and its Long Term Debt Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Common Stock Shares Outstanding vs Long Term Debt Total
Common Stock Shares Outstanding vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ProPetro Holding Corp Common Stock Shares Outstanding account and
Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between ProPetro Holding's Common Stock Shares Outstanding and Long Term Debt Total is -0.74. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of ProPetro Holding Corp, assuming nothing else is changed. The correlation between historical values of ProPetro Holding's Common Stock Shares Outstanding and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of ProPetro Holding Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Common Stock Shares Outstanding i.e., ProPetro Holding's Common Stock Shares Outstanding and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Long Term Debt Total
Most indicators from ProPetro Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProPetro Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
As of 12/02/2024,
Tax Provision is likely to grow to about 39.5
M, while
Selling General Administrative is likely to drop slightly above 80.4
M.
ProPetro Holding fundamental ratios Correlations
Click cells to compare fundamentals
ProPetro Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ProPetro Holding fundamental ratios Accounts
Additional Tools for ProPetro Stock Analysis
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predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.