ProPetro Total Assets vs Common Stock Total Equity Analysis

PUMP Stock

USD 5.73 0.02 0.35%

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 Total Assets 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.

Total Assets vs Common Stock Total Equity

Total Assets 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 Total Assets account and Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between ProPetro Holding's Total Assets and Common Stock Total Equity is 0.94. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., ProPetro Holding's Total Assets and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Assets

Total assets refers to the total amount of ProPetro Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ProPetro Holding Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 07/16/2025, Tax Provision is likely to grow to about (29.8 M). In addition to that, Selling General Administrative is likely to drop to about 85 M

	2024	2025 (projected)
Depreciation And Amortization	211.7M	131.4M
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		-0.67	0.26	0.8	0.98	0.82	0.96	0.99	0.76	-0.67	0.87	0.66	0.5	0.99	-0.3	0.48	-0.84	0.55	0.85	0.08	0.94	0.88	-0.85	-0.52	0.94	0.07
Short Long Term Debt Total	-0.67		-0.07	-0.55	-0.78	-0.42	-0.74	-0.7	-0.61	0.92	-0.51	-0.62	-0.46	-0.67	0.71	-0.08	0.9	-0.48	-0.48	0.22	-0.78	-0.55	0.88	0.96	-0.76	0.39
Other Current Liab	0.26	-0.07		0.54	0.18	0.15	0.24	0.23	0.41	-0.13	0.08	0.22	0.25	0.23	0.33	0.19	-0.16	0.25	0.31	-0.14	0.25	-0.05	-0.16	-0.06	0.24	0.2
Total Current Liabilities	0.8	-0.55	0.54		0.73	0.39	0.69	0.73	0.54	-0.56	0.49	0.88	0.45	0.74	0.01	0.35	-0.7	0.49	0.93	0.26	0.75	0.49	-0.7	-0.51	0.74	0.1
Total Stockholder Equity	0.98	-0.78	0.18	0.73		0.81	0.98	0.99	0.77	-0.76	0.86	0.63	0.51	0.98	-0.44	0.43	-0.9	0.56	0.77	-0.02	0.97	0.89	-0.9	-0.64	0.97	-0.03
Other Liab	0.82	-0.42	0.15	0.39	0.81		0.85	0.86	0.73	-0.46	0.93	0.26	0.41	0.86	-0.35	0.33	-0.54	0.45	0.49	-0.11	0.74	0.84	-0.54	-0.19	0.73	-0.01
Net Tangible Assets	0.96	-0.74	0.24	0.69	0.98	0.85		0.97	0.77	-0.72	0.85	0.56	0.46	0.97	-0.42	0.44	-0.89	0.5	0.75	-0.11	0.98	0.87	-0.89	-0.6	0.97	0.02
Property Plant And Equipment Net	0.99	-0.7	0.23	0.73	0.99	0.86	0.97		0.79	-0.68	0.91	0.6	0.46	1.0	-0.37	0.45	-0.84	0.51	0.78	0.02	0.94	0.89	-0.84	-0.53	0.93	0.04
Current Deferred Revenue	0.76	-0.61	0.41	0.54	0.77	0.73	0.77	0.79		-0.7	0.79	0.43	0.65	0.75	-0.3	0.1	-0.63	0.66	0.48	-0.24	0.7	0.51	-0.61	-0.47	0.69	-0.31
Net Debt	-0.67	0.92	-0.13	-0.56	-0.76	-0.46	-0.72	-0.68	-0.7		-0.57	-0.64	-0.72	-0.65	0.7	0.13	0.81	-0.74	-0.45	0.15	-0.73	-0.46	0.76	0.85	-0.72	0.52
Retained Earnings	0.87	-0.51	0.08	0.49	0.86	0.93	0.85	0.91	0.79	-0.57		0.41	0.49	0.9	-0.39	0.24	-0.6	0.52	0.57	0.06	0.74	0.82	-0.59	-0.27	0.74	-0.07
Accounts Payable	0.66	-0.62	0.22	0.88	0.63	0.26	0.56	0.6	0.43	-0.64	0.41		0.51	0.6	-0.17	0.05	-0.62	0.54	0.83	0.32	0.61	0.36	-0.61	-0.6	0.58	-0.26
Cash	0.5	-0.46	0.25	0.45	0.51	0.41	0.46	0.46	0.65	-0.72	0.49	0.51		0.43	-0.27	-0.18	-0.38	1.0	0.33	-0.15	0.4	0.26	-0.35	-0.39	0.44	-0.57
Non Current Assets Total	0.99	-0.67	0.23	0.74	0.98	0.86	0.97	1.0	0.75	-0.65	0.9	0.6	0.43		-0.35	0.49	-0.84	0.48	0.8	0.06	0.94	0.91	-0.85	-0.51	0.94	0.1
Non Currrent Assets Other	-0.3	0.71	0.33	0.01	-0.44	-0.35	-0.42	-0.37	-0.3	0.7	-0.39	-0.17	-0.27	-0.35		0.33	0.51	-0.28	0.05	0.05	-0.38	-0.38	0.44	0.61	-0.38	0.5
Other Assets	0.48	-0.08	0.19	0.35	0.43	0.33	0.44	0.45	0.1	0.13	0.24	0.05	-0.18	0.49	0.33		-0.4	-0.14	0.5	-0.12	0.49	0.62	-0.5	-0.08	0.51	0.7
Long Term Debt	-0.84	0.9	-0.16	-0.7	-0.9	-0.54	-0.89	-0.84	-0.63	0.81	-0.6	-0.62	-0.38	-0.84	0.51	-0.4		-0.42	-0.71	0.13	-0.95	-0.73	0.99	0.86	-0.94	0.03
Cash And Short Term Investments	0.55	-0.48	0.25	0.49	0.56	0.45	0.5	0.51	0.66	-0.74	0.52	0.54	1.0	0.48	-0.28	-0.14	-0.42		0.38	-0.12	0.45	0.32	-0.39	-0.41	0.49	-0.53
Net Receivables	0.85	-0.48	0.31	0.93	0.77	0.49	0.75	0.78	0.48	-0.45	0.57	0.83	0.33	0.8	0.05	0.5	-0.71	0.38		0.31	0.8	0.63	-0.73	-0.42	0.79	0.23
Good Will	0.08	0.22	-0.14	0.26	-0.02	-0.11	-0.11	0.02	-0.24	0.15	0.06	0.32	-0.15	0.06	0.05	-0.12	0.13	-0.12	0.31		-0.09	0.03	0.15	0.29	-0.07	0.27
Common Stock Total Equity	0.94	-0.78	0.25	0.75	0.97	0.74	0.98	0.94	0.7	-0.73	0.74	0.61	0.4	0.94	-0.38	0.49	-0.95	0.45	0.8	-0.09		0.83	-0.95	-0.68	0.99	0.08
Common Stock Shares Outstanding	0.88	-0.55	-0.05	0.49	0.89	0.84	0.87	0.89	0.51	-0.46	0.82	0.36	0.26	0.91	-0.38	0.62	-0.73	0.32	0.63	0.03	0.83		-0.76	-0.38	0.85	0.21
Long Term Debt Total	-0.85	0.88	-0.16	-0.7	-0.9	-0.54	-0.89	-0.84	-0.61	0.76	-0.59	-0.61	-0.35	-0.85	0.44	-0.5	0.99	-0.39	-0.73	0.15	-0.95	-0.76		0.84	-0.94	-0.02
Non Current Liabilities Total	-0.52	0.96	-0.06	-0.51	-0.64	-0.19	-0.6	-0.53	-0.47	0.85	-0.27	-0.6	-0.39	-0.51	0.61	-0.08	0.86	-0.41	-0.42	0.29	-0.68	-0.38	0.84		-0.66	0.38
Capital Surpluse	0.94	-0.76	0.24	0.74	0.97	0.73	0.97	0.93	0.69	-0.72	0.74	0.58	0.44	0.94	-0.38	0.51	-0.94	0.49	0.79	-0.07	0.99	0.85	-0.94	-0.66		0.1
Inventory	0.07	0.39	0.2	0.1	-0.03	-0.01	0.02	0.04	-0.31	0.52	-0.07	-0.26	-0.57	0.1	0.5	0.7	0.03	-0.53	0.23	0.27	0.08	0.21	-0.02	0.38	0.1

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ProPetro Holding Account Relationship Matchups

ProPetro Holding fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.1B	1.1B	1.3B	1.5B	1.2B	1.2B
Short Long Term Debt Total	799K	466K	33.2M	148.6M	175.4M	87.9M
Other Current Liab	11.2M	6.8M	14.7M	15.5M	69.1M	35.1M
Total Current Liabilities	104.2M	173.8M	284.2M	271.1M	222.3M	237.1M
Total Stockholder Equity	870.8M	826.3M	954.0M	998.4M	816.3M	763.0M
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	881.2M	808.9M	925.9M	1.1B	851.2M	830.3M
Net Debt	(68.0M)	(111.5M)	(55.7M)	115.2M	125.0M	131.2M
Retained Earnings	35.6M	(18.6M)	(16.6M)	69.0M	(68.8M)	(72.3M)
Accounts Payable	79.2M	152.6M	234.3M	161.4M	93.0M	171.1M
Cash	68.8M	111.9M	88.9M	33.4M	50.4M	66.2M
Non Current Assets Total	883.0M	810.2M	1.0B	1.2B	931.4M	864.0M
Non Currrent Assets Other	(73.5M)	(59.8M)	(64.1M)	2.1M	14.4M	15.1M
Other Assets	2.5M	1.3M	1.2M	288.6M	331.8M	348.4M
Long Term Debt	70M	130M	30M	45M	40.5M	77.3M
Cash And Short Term Investments	68.8M	111.9M	99.1M	41.1M	58.3M	68.2M
Net Receivables	84.2M	128.1M	215.9M	237.0M	196.0M	185.0M
Common Stock Shares Outstanding	100.8M	102.7M	106.9M	113.4M	105.5M	105.9M
Liabilities And Stockholders Equity	1.1B	1.1B	1.3B	1.5B	1.2B	1.2B
Non Current Liabilities Total	75.8M	61.1M	97.6M	210.8M	185.1M	118.2M
Capital Surpluse	826.6M	835.1M	844.8M	970.5M	1.1B	763.6M
Inventory	2.7M	3.9M	5.0M	17.7M	16.2M	8.1M
Other Current Assets	12.0M	7.0M	8.7M	15.0M	21.8M	22.9M
Other Stockholder Equity	835.1M	844.8M	970.5M	929.2M	885.0M	838.6M
Total Liab	180.0M	234.9M	381.8M	481.9M	407.4M	399.6M
Property Plant And Equipment Gross	881.2M	808.9M	922.7M	1.7B	1.3B	946.3M
Total Current Assets	167.7M	251.1M	328.8M	310.8M	292.2M	298.6M
Short Term Debt	334K	369K	854K	34.1M	58.4M	61.3M
Property Plant Equipment	1.0B	880.5M	808.9M	922.7M	1.1B	770.0M
Non Current Liabilities Other	465K	97K	2.3M	3.2M	8.3M	8.7M
Retained Earnings Total Equity	142.6M	35.6M	(18.6M)	(16.6M)	(19.1M)	(20.0M)

Pair Trading with ProPetro Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProPetro Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProPetro Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with ProPetro Stock

0.85	TS	Tenaris SA ADR	Pair Corr
0.89	VTOL	Bristow Group	Pair Corr
0.91	EFXT	Enerflex	Pair Corr

Moving against ProPetro Stock

0.42

FLOC

Flowco Holdings

Pair Corr

The ability to find closely correlated positions to ProPetro Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProPetro Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProPetro Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProPetro Holding Corp to buy it.

The correlation of ProPetro Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProPetro Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProPetro Holding Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ProPetro Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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.

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