ProPetro Holding Balance Sheet Health
Financial Health criteria checks 6/6
ProPetro Holding has a total shareholder equity of $998.4M and total debt of $45.0M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are $1.5B and $481.9M respectively. ProPetro Holding's EBIT is $206.3M making its interest coverage ratio 38.9. It has cash and short-term investments of $41.1M.
Key information
4.5%
Debt to equity ratio
US$45.00m
Debt
| Interest coverage ratio | 38.9x |
| Cash | US$41.10m |
| Equity | US$998.39m |
| Total liabilities | US$481.92m |
| Total assets | US$1.48b |
Recent financial health updates
These 4 Measures Indicate That ProPetro Holding (NYSE:PUMP) Is Using Debt Reasonably Well
Dec 07
Does ProPetro Holding (NYSE:PUMP) Have A Healthy Balance Sheet?
Aug 09ProPetro Holding (NYSE:PUMP) Has A Pretty Healthy Balance Sheet
Apr 18Here's Why We're Not At All Concerned With ProPetro Holding's (NYSE:PUMP) Cash Burn Situation
Jun 22Recent updates
Drilling Deep Into ProPetro Holding
Mar 08ProPetro Holding In Holding Pattern
Dec 11These 4 Measures Indicate That ProPetro Holding (NYSE:PUMP) Is Using Debt Reasonably Well
Dec 07ProPetro Shifts Focus To Capital Return As Permian Activity Sags
Nov 30ProPetro: The Worst Is Over But Don't Chase The Rally
Sep 07Does ProPetro Holding (NYSE:PUMP) Have A Healthy Balance Sheet?
Aug 09ProPetro Holding: Still Much To Get From Oil And Gas
Jul 29ProPetro Holding (NYSE:PUMP) Has A Pretty Healthy Balance Sheet
Apr 18ProPetroEPS of $0.12, revenue of $348.92M beats by $2.92M
Feb 21ProPetro Holding: Hold The Pumps
Dec 22ProPetro buys Silvertip in push to boost presence in Permian Basin
Nov 01ProPetro Holdings: Solid Company Selling At Discount
Aug 17ProPetroEPS of -$0.32, revenue of $315M beats by $4.38M
Aug 03Here's Why We're Not At All Concerned With ProPetro Holding's (NYSE:PUMP) Cash Burn Situation
Jun 22ProPetro Holding Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 06ProPetro Holding: Path Is Higher, Entry Points Are Critical
Apr 08ProPetro Holding: A Fleet Upgrade Should Pay In The Medium Term
Jan 05ProPetro Holding: Gradually Moving Towards A Peak
Sep 09Financial Position Analysis
Short Term Liabilities: PUMP's short term assets ($310.8M) exceed its short term liabilities ($271.1M).
Long Term Liabilities: PUMP's short term assets ($310.8M) exceed its long term liabilities ($210.8M).
Debt to Equity History and Analysis
Debt Level: PUMP's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: PUMP's debt to equity ratio has reduced from 8.8% to 4.5% over the past 5 years.
Debt Coverage: PUMP's debt is well covered by operating cash flow (832.8%).
Interest Coverage: PUMP's interest payments on its debt are well covered by EBIT (38.9x coverage).