This company has been acquired
U.S. Well Services Balance Sheet Health
Financial Health criteria checks 0/6
Key information
-331.6%
Debt to equity ratio
US$292.94m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.27m |
| Equity | -US$88.35m |
| Total liabilities | US$387.01m |
| Total assets | US$298.67m |
Recent financial health updates
Recent updates
U.S. Well Services announces 1-for-6 reverse stock split
Aug 04U.S. Well Services: Little Clean Frac Player That Can Go Big
May 31U.S. Well Services: Risk Factors Can Trump The Optimism
Feb 14U.S. Well Services Closes Another Weak Quarter And I'm Still Bearish
Dec 01Revisiting U.S. Well Services: The Situation Looks Dire And I'm Still Bearish
Aug 24How Much Did U.S. Well Services'(NASDAQ:USWS) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 27
U.S. Well Services, Range Resources finalize fracturing services deal
Jan 12Financial Position Analysis
Short Term Liabilities: USWS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: USWS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: USWS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: USWS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: USWS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: USWS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.1% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/11/02 15:38 |
| End of Day Share Price | 2022/10/31 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| 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.
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 Github.
Analyst Sources
U.S. Well Services, Inc. is covered by 5 analysts. 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 |
|---|---|
| null null | Johnson Rice & Company, L.L.C. |
| Donald Crist | Johnson Rice & Company, L.L.C. |
| Ian MacPherson | Piper Sandler Companies |