ProPetro Holding Balance Sheet Health
Financial Health criteria checks 6/6
ProPetro Holding has a total shareholder equity of $833.0M and total debt of $45.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are $1.3B and $447.3M respectively. ProPetro Holding's EBIT is $57.2M making its interest coverage ratio 7. It has cash and short-term investments of $54.0M.
Key information
5.4%
Debt to equity ratio
US$45.00m
Debt
| Interest coverage ratio | 7x |
| Cash | US$53.97m |
| Equity | US$832.96m |
| Total liabilities | US$447.25m |
| Total assets | US$1.28b |
Recent financial health updates
ProPetro Holding (NYSE:PUMP) Has A Somewhat Strained Balance Sheet
Oct 24
We Think ProPetro Holding (NYSE:PUMP) Is Taking Some Risk With Its Debt
Jul 16These 4 Measures Indicate That ProPetro Holding (NYSE:PUMP) Is Using Debt Reasonably Well
Dec 07Does ProPetro Holding (NYSE:PUMP) Have A Healthy Balance Sheet?
Aug 09ProPetro Holding (NYSE:PUMP) Has A Pretty Healthy Balance Sheet
Apr 18Recent updates
ProPetro Holding Corp. (NYSE:PUMP) Shares Could Be 41% Below Their Intrinsic Value Estimate
Nov 23ProPetro Holding (NYSE:PUMP) Has A Somewhat Strained Balance Sheet
Oct 24ProPetro Holding Corp.'s (NYSE:PUMP) Price In Tune With Earnings
Oct 06ProPetro: Solid Story, Super Cheap, Set For Rebound
Sep 30ProPetro Holding (NYSE:PUMP) Is Finding It Tricky To Allocate Its Capital
Aug 23ProPetro Holding Corp. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Aug 02ProPetro: The Higher End Of The U.S. Frac Market Is Alive And Well (Rating Upgrade)
Jul 31We Think ProPetro Holding (NYSE:PUMP) Is Taking Some Risk With Its Debt
Jul 16Investors Holding Back On ProPetro Holding Corp. (NYSE:PUMP)
Jun 20Drilling 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 08Financial Position Analysis
Short Term Liabilities: PUMP's short term assets ($306.8M) exceed its short term liabilities ($254.9M).
Long Term Liabilities: PUMP's short term assets ($306.8M) exceed its long term liabilities ($192.4M).
Debt to Equity History and Analysis
Debt Level: PUMP has more cash than its total debt.
Reducing Debt: PUMP's debt to equity ratio has reduced from 13.8% to 5.4% over the past 5 years.
Debt Coverage: PUMP's debt is well covered by operating cash flow (631.3%).
Interest Coverage: PUMP's interest payments on its debt are well covered by EBIT (7x coverage).