ProFrac Short Long Term Debt Total vs Other Current Liab Analysis

ACDC Stock  USD 9.07  0.06  0.66%   
ProFrac Holding financial indicator trend analysis is much more than just breaking down ProFrac Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProFrac Holding Corp is a good investment. Please check the relationship between ProFrac Holding Short Long Term Debt Total and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProFrac Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Short Long Term Debt Total vs Other Current Liab

Short Long Term Debt Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ProFrac Holding Corp Short Long Term Debt Total account and Other Current Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ProFrac Holding's Short Long Term Debt Total and Other Current Liab is 0.92. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of ProFrac Holding Corp, assuming nothing else is changed. The correlation between historical values of ProFrac Holding's Short Long Term Debt Total and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of ProFrac Holding Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Long Term Debt Total i.e., ProFrac Holding's Short Long Term Debt Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Other Current Liab

Most indicators from ProFrac Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProFrac Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProFrac Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
As of November 29, 2024, Tax Provision is expected to decline to about 4.3 M. In addition to that, Selling General Administrative is expected to decline to about 172.4 M
 2021 2022 2023 2024 (projected)
Total Revenue768.4M2.4B2.6B1.6B
Depreciation And Amortization223.2M267.3M438.4M266.8M

ProFrac Holding fundamental ratios Correlations

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0.990.990.92-0.03-0.80.960.991.00.670.970.970.930.670.970.981.00.940.990.981.0-0.910.890.98-0.770.42
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0.940.930.890.97-0.23-0.780.880.930.980.690.911.00.880.690.910.970.980.941.00.98-0.880.830.91-0.890.24
0.991.00.910.980.09-0.740.991.00.970.671.00.910.910.670.910.980.881.00.940.98-0.870.911.0-0.680.51
0.990.990.911.0-0.04-0.780.960.990.990.680.980.970.920.680.970.980.950.990.991.0-0.90.90.98-0.790.41
0.920.90.850.94-0.31-0.710.850.90.940.730.880.970.830.730.980.880.950.910.980.96-0.830.810.88-0.920.16
1.01.00.920.990.04-0.760.981.00.980.680.990.940.920.680.941.00.990.910.960.99-0.890.910.99-0.720.48
0.970.960.910.98-0.18-0.770.910.950.980.710.940.990.890.711.00.940.990.980.960.99-0.880.860.94-0.870.29
0.990.990.921.0-0.09-0.770.960.990.990.70.980.980.910.70.980.981.00.960.990.99-0.890.890.98-0.80.37
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0.910.910.850.890.28-0.650.910.910.880.640.910.830.970.640.830.910.90.810.910.860.89-0.870.94-0.740.69
0.991.00.90.980.13-0.760.981.00.970.650.990.920.940.650.911.00.980.880.990.940.98-0.90.94-0.710.56
-0.74-0.72-0.71-0.770.380.59-0.65-0.71-0.79-0.66-0.69-0.87-0.75-0.66-0.89-0.68-0.79-0.92-0.72-0.87-0.80.75-0.74-0.71-0.08
0.440.480.390.420.88-0.420.510.490.410.060.490.270.660.060.240.510.410.160.480.290.37-0.560.690.56-0.08
Click cells to compare fundamentals

ProFrac Holding Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ProFrac Holding Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProFrac Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Profrac Holding Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Profrac Holding Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProFrac Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProFrac Holding. If investors know ProFrac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProFrac Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.99)
Earnings Share
(1.46)
Revenue Per Share
13.921
Quarterly Revenue Growth
0.002
Return On Assets
0.0155
The market value of ProFrac Holding Corp is measured differently than its book value, which is the value of ProFrac that is recorded on the company's balance sheet. Investors also form their own opinion of ProFrac Holding's value that differs from its market value or its book value, called intrinsic value, which is ProFrac Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProFrac Holding's market value can be influenced by many factors that don't directly affect ProFrac Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProFrac Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProFrac Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProFrac Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.