ProFrac Holding Balance Sheet Health
Financial Health criteria checks 2/6
ProFrac Holding has a total shareholder equity of $1.2B and total debt of $1.2B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are $3.1B and $1.9B respectively. ProFrac Holding's EBIT is $78.8M making its interest coverage ratio 0.5. It has cash and short-term investments of $25.5M.
Key information
93.6%
Debt to equity ratio
US$1.15b
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$25.50m |
| Equity | US$1.23b |
| Total liabilities | US$1.91b |
| Total assets | US$3.14b |
Recent financial health updates
Recent updates
Estimating The Fair Value Of ProFrac Holding Corp. (NASDAQ:ACDC)
Nov 08
ProFrac Holding Corp. (NASDAQ:ACDC) Soars 25% But It's A Story Of Risk Vs Reward
Oct 12ProFrac: Rising Pressure
Sep 25Is ProFrac Holding (NASDAQ:ACDC) A Risky Investment?
Sep 19ProFrac Holding: Follow Free Cash Flow
Aug 22Earnings Release: Here's Why Analysts Cut Their ProFrac Holding Corp. (NASDAQ:ACDC) Price Target To US$9.25
Aug 12Many Still Looking Away From ProFrac Holding Corp. (NASDAQ:ACDC)
Aug 10Returns At ProFrac Holding (NASDAQ:ACDC) Are On The Way Up
Jul 04There's No Escaping ProFrac Holding Corp.'s (NASDAQ:ACDC) Muted Revenues
Apr 11ProFrac: Resetting In 2024
Mar 18Analysts Are Updating Their ProFrac Holding Corp. (NASDAQ:ACDC) Estimates After Its Full-Year Results
Mar 16ProFrac Holding (NASDAQ:ACDC) Is Doing The Right Things To Multiply Its Share Price
Feb 19ProFrac Holding Corp.'s (NASDAQ:ACDC) Business Is Yet to Catch Up With Its Share Price
Jan 03Returns At ProFrac Holding (NASDAQ:ACDC) Are On The Way Up
Nov 11Shareholders Would Enjoy A Repeat Of ProFrac Holding's (NASDAQ:ACDC) Recent Growth In Returns
Jul 05Earnings Update: ProFrac Holding Corp. (NASDAQ:ACDC) Just Reported And Analysts Are Trimming Their Forecasts
May 13ProFrac Holding reports Q2 results
Aug 12ProFrac Gobbles Up U.S. Well Services: High Margin Clean Frac King In The Making
Jun 23Financial Position Analysis
Short Term Liabilities: ACDC's short term assets ($680.0M) do not cover its short term liabilities ($714.5M).
Long Term Liabilities: ACDC's short term assets ($680.0M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: ACDC's net debt to equity ratio (91.6%) is considered high.
Reducing Debt: Insufficient data to determine if ACDC's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ACDC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ACDC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.3% per year.