ProPetro Long Term Debt vs Common Stock Total Equity Analysis

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 Long Term Debt and its Common Stock Total Equity 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.

Long Term Debt vs Common Stock Total Equity

Long Term Debt vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ProPetro Holding Corp Long Term Debt account and Common Stock Total Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between ProPetro Holding's Long Term Debt and Common Stock Total Equity is -0.94. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock Total Equity 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 Long Term Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of ProPetro Holding Corp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Long Term Debt i.e., ProPetro Holding's Long Term Debt and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.94

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that ProPetro Holding Corp has held for over one year. Long-term debt appears on ProPetro Holding Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ProPetro Holding Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

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.

	2023	2024 (projected)
Depreciation And Amortization	180.9M	119.6M
Interest Income	6.4M	10.1M

Depreciation And Amortization Interest Income

ProPetro Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		-0.71	0.14	0.79	0.98	0.83	0.97	0.99	0.76	-0.71	0.9	0.75	0.49	0.99	-0.4	-0.86	-0.83	0.54	0.84	0.35	0.96	0.87	-0.84	-0.53	0.96	0.06
Short Long Term Debt Total	-0.71		-0.09	-0.57	-0.81	-0.45	-0.79	-0.72	-0.62	0.92	-0.54	-0.63	-0.41	-0.71	0.74	0.83	0.95	-0.44	-0.51	0.04	-0.84	-0.59	0.94	0.96	-0.82	0.22
Other Current Liab	0.14	-0.09		0.48	0.06	-0.03	0.07	0.12	0.34	-0.16	-0.01	0.26	0.25	0.11	0.23	0.12	-0.06	0.24	0.19	-0.03	0.07	-0.23	-0.05	-0.07	0.06	0.02
Total Current Liabilities	0.79	-0.57	0.48		0.72	0.39	0.7	0.72	0.54	-0.58	0.52	0.94	0.43	0.73	-0.04	-0.69	-0.69	0.47	0.94	0.46	0.77	0.47	-0.7	-0.52	0.76	0.14
Total Stockholder Equity	0.98	-0.81	0.06	0.72		0.82	0.99	0.98	0.78	-0.8	0.88	0.7	0.5	0.98	-0.54	-0.9	-0.9	0.54	0.76	0.24	0.98	0.88	-0.9	-0.65	0.98	-0.03
Other Liab	0.83	-0.45	-0.03	0.39	0.82		0.85	0.88	0.73	-0.49	0.95	0.34	0.4	0.87	-0.43	-0.55	-0.52	0.43	0.48	0.14	0.73	0.86	-0.52	-0.19	0.72	-0.04
Net Tangible Assets	0.97	-0.79	0.07	0.7	0.99	0.85		0.99	0.78	-0.78	0.89	0.67	0.45	0.99	-0.54	-0.87	-0.88	0.5	0.75	0.2	0.98	0.88	-0.88	-0.62	0.97	-0.03
Property Plant And Equipment Net	0.99	-0.72	0.12	0.72	0.98	0.88	0.99		0.79	-0.71	0.93	0.67	0.45	1.0	-0.45	-0.83	-0.83	0.49	0.77	0.28	0.96	0.89	-0.84	-0.54	0.96	0.05
Current Deferred Revenue	0.76	-0.62	0.34	0.54	0.78	0.73	0.78	0.79		-0.71	0.76	0.46	0.64	0.76	-0.34	-0.5	-0.63	0.64	0.48	-0.14	0.71	0.51	-0.61	-0.47	0.7	-0.29
Net Debt	-0.71	0.92	-0.16	-0.58	-0.8	-0.49	-0.78	-0.71	-0.71		-0.52	-0.64	-0.72	-0.69	0.71	0.79	0.87	-0.74	-0.49	0.22	-0.79	-0.52	0.82	0.86	-0.79	0.48
Retained Earnings	0.9	-0.54	-0.01	0.52	0.88	0.95	0.89	0.93	0.76	-0.52		0.47	0.38	0.92	-0.35	-0.67	-0.63	0.42	0.6	0.3	0.81	0.9	-0.67	-0.32	0.81	0.14
Accounts Payable	0.75	-0.63	0.26	0.94	0.7	0.34	0.67	0.67	0.46	-0.64	0.47		0.45	0.68	-0.15	-0.72	-0.72	0.5	0.92	0.4	0.75	0.46	-0.71	-0.61	0.73	-0.02
Cash	0.49	-0.41	0.25	0.43	0.5	0.4	0.45	0.45	0.64	-0.72	0.38	0.45		0.43	-0.28	-0.43	-0.38	1.0	0.32	-0.3	0.4	0.24	-0.32	-0.34	0.44	-0.6
Non Current Assets Total	0.99	-0.71	0.11	0.73	0.98	0.87	0.99	1.0	0.76	-0.69	0.92	0.68	0.43		-0.45	-0.84	-0.83	0.47	0.79	0.33	0.96	0.9	-0.84	-0.52	0.96	0.08
Non Currrent Assets Other	-0.4	0.74	0.23	-0.04	-0.54	-0.43	-0.54	-0.45	-0.34	0.71	-0.35	-0.15	-0.28	-0.45		0.55	0.63	-0.3	-0.02	0.26	-0.51	-0.52	0.57	0.65	-0.52	0.44
Other Assets	-0.86	0.83	0.12	-0.69	-0.9	-0.55	-0.87	-0.83	-0.5	0.79	-0.67	-0.72	-0.43	-0.84	0.55		0.93	-0.48	-0.74	-0.32	-0.92	-0.82	0.93	0.76	-0.94	-0.05
Long Term Debt	-0.83	0.95	-0.06	-0.69	-0.9	-0.52	-0.88	-0.83	-0.63	0.87	-0.63	-0.72	-0.38	-0.83	0.63	0.93		-0.42	-0.69	-0.14	-0.94	-0.71	0.99	0.89	-0.94	0.07
Cash And Short Term Investments	0.54	-0.44	0.24	0.47	0.54	0.43	0.5	0.49	0.64	-0.74	0.42	0.5	1.0	0.47	-0.3	-0.48	-0.42		0.37	-0.23	0.44	0.3	-0.37	-0.36	0.49	-0.56
Net Receivables	0.84	-0.51	0.19	0.94	0.76	0.48	0.75	0.77	0.48	-0.49	0.6	0.92	0.32	0.79	-0.02	-0.74	-0.69	0.37		0.56	0.81	0.6	-0.71	-0.44	0.8	0.21
Good Will	0.35	0.04	-0.03	0.46	0.24	0.14	0.2	0.28	-0.14	0.22	0.3	0.4	-0.3	0.33	0.26	-0.32	-0.14	-0.23	0.56		0.27	0.43	-0.24	0.08	0.3	0.78
Common Stock Total Equity	0.96	-0.84	0.07	0.77	0.98	0.73	0.98	0.96	0.71	-0.79	0.81	0.75	0.4	0.96	-0.51	-0.92	-0.94	0.44	0.81	0.27		0.84	-0.94	-0.71	0.99	0.03
Common Stock Shares Outstanding	0.87	-0.59	-0.23	0.47	0.88	0.86	0.88	0.89	0.51	-0.52	0.9	0.46	0.24	0.9	-0.52	-0.82	-0.71	0.3	0.6	0.43	0.84		-0.74	-0.4	0.86	0.23
Long Term Debt Total	-0.84	0.94	-0.05	-0.7	-0.9	-0.52	-0.88	-0.84	-0.61	0.82	-0.67	-0.71	-0.32	-0.84	0.57	0.93	0.99	-0.37	-0.71	-0.24	-0.94	-0.74		0.88	-0.94	-0.06
Non Current Liabilities Total	-0.53	0.96	-0.07	-0.52	-0.65	-0.19	-0.62	-0.54	-0.47	0.86	-0.32	-0.61	-0.34	-0.52	0.65	0.76	0.89	-0.36	-0.44	0.08	-0.71	-0.4	0.88		-0.69	0.22
Capital Surpluse	0.96	-0.82	0.06	0.76	0.98	0.72	0.97	0.96	0.7	-0.79	0.81	0.73	0.44	0.96	-0.52	-0.94	-0.94	0.49	0.8	0.3	0.99	0.86	-0.94	-0.69		0.05
Inventory	0.06	0.22	0.02	0.14	-0.03	-0.04	-0.03	0.05	-0.29	0.48	0.14	-0.02	-0.6	0.08	0.44	-0.05	0.07	-0.56	0.21	0.78	0.03	0.23	-0.06	0.22	0.05

Click cells to compare fundamentals

ProPetro Holding Account Relationship Matchups

ProPetro Holding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.1B	1.1B	1.3B	1.5B	1.1B
Short Long Term Debt Total	167.4M	799K	466K	33.2M	148.6M	82.0M
Other Current Liab	3.2M	11.2M	6.8M	14.7M	15.5M	21.6M
Total Current Liabilities	233.0M	104.2M	173.8M	284.2M	271.1M	236.3M
Total Stockholder Equity	969.3M	870.8M	826.3M	954.0M	998.4M	748.0M
Other Liab	103.0M	75.3M	61.1M	65.3M	75.1M	54.3M
Net Tangible Assets	959.9M	870.8M	826.3M	874.1M	1.0B	664.0M
Property Plant And Equipment Net	1.0B	881.2M	808.9M	925.9M	1.1B	818.5M
Net Debt	18.4M	(68.0M)	(111.5M)	(55.7M)	115.2M	121.0M
Retained Earnings	142.6M	35.6M	(18.6M)	(16.6M)	69.0M	72.5M
Accounts Payable	193.1M	79.2M	152.6M	234.3M	161.4M	178.8M
Cash	149.0M	68.8M	111.9M	88.9M	33.4M	31.7M
Non Current Assets Total	1.1B	883.0M	810.2M	1.0B	1.2B	846.2M
Non Currrent Assets Other	2.6M	(73.5M)	(59.8M)	(64.1M)	2.1M	2.2M
Other Assets	2.6M	2.5M	1.3M	1.2M	1.0M	2.1M
Long Term Debt	57.2M	70M	130M	30M	45M	83.3M
Cash And Short Term Investments	149.0M	68.8M	111.9M	99.1M	41.1M	39.0M
Net Receivables	212.2M	84.2M	128.1M	215.9M	237.0M	181.6M
Common Stock Shares Outstanding	103.8M	100.8M	102.7M	106.9M	113.4M	104.8M
Long Term Debt Total	57.2M	70M	130M	30M	27M	25.7M
Liabilities And Stockholders Equity	1.4B	1.1B	1.1B	1.3B	1.5B	1.1B
Non Current Liabilities Total	233.8M	75.8M	61.1M	97.6M	210.8M	114.9M
Capital Surpluse	826.6M	835.1M	844.8M	970.5M	1.1B	763.6M
Inventory	2.4M	2.7M	3.9M	5.0M	17.7M	18.6M
Other Current Assets	1.1M	12.0M	7.0M	8.7M	15.0M	15.7M
Other Stockholder Equity	826.6M	835.1M	844.8M	970.5M	929.2M	873.7M
Total Liab	466.8M	180.0M	234.9M	381.8M	481.9M	394.2M
Property Plant And Equipment Gross	1.0B	881.2M	808.9M	922.7M	1.7B	896.9M
Total Current Assets	375.6M	167.7M	251.1M	328.8M	310.8M	296.0M
Property Plant Equipment	1.0B	880.5M	808.9M	922.7M	1.1B	770.0M
Non Current Liabilities Other	799K	465K	97K	2.3M	3.2M	3.3M
Retained Earnings Total Equity	142.6M	35.6M	(18.6M)	(16.6M)	(19.1M)	(20.0M)

Additional Tools for ProPetro Stock Analysis

When running ProPetro Holding's price analysis, check to measure ProPetro Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

ProPetro Long Term Debt vs Common Stock Total Equity Analysis

Long Term Debt vs Common Stock Total Equity

Long Term Debt vs Common Stock Total Equity Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock Total Equity

ProPetro Holding fundamental ratios Correlations

ProPetro Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ProPetro Holding fundamental ratios Accounts

Additional Tools for ProPetro Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.99	Net Tangible Assets

Capital Surpluse	- 0.94	Long Term Debt Total
Long Term Debt Total	- 0.94	Common Stock Total Equity
Capital Surpluse	- 0.94	Long Term Debt
Common Stock Total Equity	- 0.94	Long Term Debt
Capital Surpluse	- 0.94	Other Assets
Common Stock Total Equity	- 0.92	Other Assets