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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 09:41 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ProFrac Holding Corp. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Saurabh Pant | BofA Global Research |
| Donald Crist | Johnson Rice & Company, L.L.C. |
| Arun Jayaram | J.P. Morgan |