ProPetro Long Term Debt vs Cash Analysis

PUMP Stock

USD 8.48 0.07 0.83%

ProPetro Holding financial indicator trend analysis is much more than just breaking down ProPetro Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProPetro Holding Corp is a good investment. Please check the relationship between ProPetro Holding Long Term Debt and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro 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 population.

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ProPetro Holding Corp Long Term Debt account and Cash. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ProPetro Holding's Long Term Debt and Cash is -0.38. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash in the same time period over historical financial statements of ProPetro Holding Corp, assuming nothing else is changed. The correlation between historical values of ProPetro Holding's Long Term Debt and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of ProPetro Holding Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Long Term Debt i.e., ProPetro Holding's Long Term Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Debt

Long-term debt is a debt that ProPetro Holding Corp has held for over one year. Long-term debt appears on ProPetro Holding Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on ProPetro Holding Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Cash

Cash refers to the most liquid asset of ProPetro Holding Corp, which is listed under current asset account on ProPetro Holding Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from ProPetro Holding customers. The amounts must be unrestricted with restricted cash listed in a different ProPetro Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from ProPetro Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProPetro 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro 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 population.

As of 11/28/2024, Tax Provision is likely to grow to about 39.5 M, while Selling General Administrative is likely to drop slightly above 80.4 M.

	2023	2024 (projected)
Depreciation And Amortization	180.9M	119.6M
Interest Income	6.4M	10.1M

Depreciation And Amortization Interest Income

ProPetro Holding fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Total Assets		-0.71	0.14	0.79	0.98	0.83	0.97	0.99	0.76	-0.71	0.9	0.75	0.49	0.99	-0.4	-0.86	-0.83	0.54	0.84	0.35	0.96	0.87	-0.84	-0.53	0.96	0.06
Short Long Term Debt Total	-0.71		-0.09	-0.57	-0.81	-0.45	-0.79	-0.72	-0.62	0.92	-0.54	-0.63	-0.41	-0.71	0.74	0.83	0.95	-0.44	-0.51	0.04	-0.84	-0.59	0.94	0.96	-0.82	0.22
Other Current Liab	0.14	-0.09		0.48	0.06	-0.03	0.07	0.12	0.34	-0.16	-0.01	0.26	0.25	0.11	0.23	0.12	-0.06	0.24	0.19	-0.03	0.07	-0.23	-0.05	-0.07	0.06	0.02
Total Current Liabilities	0.79	-0.57	0.48		0.72	0.39	0.7	0.72	0.54	-0.58	0.52	0.94	0.43	0.73	-0.04	-0.69	-0.69	0.47	0.94	0.46	0.77	0.47	-0.7	-0.52	0.76	0.14
Total Stockholder Equity	0.98	-0.81	0.06	0.72		0.82	0.99	0.98	0.78	-0.8	0.88	0.7	0.5	0.98	-0.54	-0.9	-0.9	0.54	0.76	0.24	0.98	0.88	-0.9	-0.65	0.98	-0.03
Other Liab	0.83	-0.45	-0.03	0.39	0.82		0.85	0.88	0.73	-0.49	0.95	0.34	0.4	0.87	-0.43	-0.55	-0.52	0.43	0.48	0.14	0.73	0.86	-0.52	-0.19	0.72	-0.04
Net Tangible Assets	0.97	-0.79	0.07	0.7	0.99	0.85		0.99	0.78	-0.78	0.89	0.67	0.45	0.99	-0.54	-0.87	-0.88	0.5	0.75	0.2	0.98	0.88	-0.88	-0.62	0.97	-0.03
Property Plant And Equipment Net	0.99	-0.72	0.12	0.72	0.98	0.88	0.99		0.79	-0.71	0.93	0.67	0.45	1.0	-0.45	-0.83	-0.83	0.49	0.77	0.28	0.96	0.89	-0.84	-0.54	0.96	0.05
Current Deferred Revenue	0.76	-0.62	0.34	0.54	0.78	0.73	0.78	0.79		-0.71	0.76	0.46	0.64	0.76	-0.34	-0.5	-0.63	0.64	0.48	-0.14	0.71	0.51	-0.61	-0.47	0.7	-0.29
Net Debt	-0.71	0.92	-0.16	-0.58	-0.8	-0.49	-0.78	-0.71	-0.71		-0.52	-0.64	-0.72	-0.69	0.71	0.79	0.87	-0.74	-0.49	0.22	-0.79	-0.52	0.82	0.86	-0.79	0.48
Retained Earnings	0.9	-0.54	-0.01	0.52	0.88	0.95	0.89	0.93	0.76	-0.52		0.47	0.38	0.92	-0.35	-0.67	-0.63	0.42	0.6	0.3	0.81	0.9	-0.67	-0.32	0.81	0.14
Accounts Payable	0.75	-0.63	0.26	0.94	0.7	0.34	0.67	0.67	0.46	-0.64	0.47		0.45	0.68	-0.15	-0.72	-0.72	0.5	0.92	0.4	0.75	0.46	-0.71	-0.61	0.73	-0.02
Cash	0.49	-0.41	0.25	0.43	0.5	0.4	0.45	0.45	0.64	-0.72	0.38	0.45		0.43	-0.28	-0.43	-0.38	1.0	0.32	-0.3	0.4	0.24	-0.32	-0.34	0.44	-0.6
Non Current Assets Total	0.99	-0.71	0.11	0.73	0.98	0.87	0.99	1.0	0.76	-0.69	0.92	0.68	0.43		-0.45	-0.84	-0.83	0.47	0.79	0.33	0.96	0.9	-0.84	-0.52	0.96	0.08
Non Currrent Assets Other	-0.4	0.74	0.23	-0.04	-0.54	-0.43	-0.54	-0.45	-0.34	0.71	-0.35	-0.15	-0.28	-0.45		0.55	0.63	-0.3	-0.02	0.26	-0.51	-0.52	0.57	0.65	-0.52	0.44
Other Assets	-0.86	0.83	0.12	-0.69	-0.9	-0.55	-0.87	-0.83	-0.5	0.79	-0.67	-0.72	-0.43	-0.84	0.55		0.93	-0.48	-0.74	-0.32	-0.92	-0.82	0.93	0.76	-0.94	-0.05
Long Term Debt	-0.83	0.95	-0.06	-0.69	-0.9	-0.52	-0.88	-0.83	-0.63	0.87	-0.63	-0.72	-0.38	-0.83	0.63	0.93		-0.42	-0.69	-0.14	-0.94	-0.71	0.99	0.89	-0.94	0.07
Cash And Short Term Investments	0.54	-0.44	0.24	0.47	0.54	0.43	0.5	0.49	0.64	-0.74	0.42	0.5	1.0	0.47	-0.3	-0.48	-0.42		0.37	-0.23	0.44	0.3	-0.37	-0.36	0.49	-0.56
Net Receivables	0.84	-0.51	0.19	0.94	0.76	0.48	0.75	0.77	0.48	-0.49	0.6	0.92	0.32	0.79	-0.02	-0.74	-0.69	0.37		0.56	0.81	0.6	-0.71	-0.44	0.8	0.21
Good Will	0.35	0.04	-0.03	0.46	0.24	0.14	0.2	0.28	-0.14	0.22	0.3	0.4	-0.3	0.33	0.26	-0.32	-0.14	-0.23	0.56		0.27	0.43	-0.24	0.08	0.3	0.78
Common Stock Total Equity	0.96	-0.84	0.07	0.77	0.98	0.73	0.98	0.96	0.71	-0.79	0.81	0.75	0.4	0.96	-0.51	-0.92	-0.94	0.44	0.81	0.27		0.84	-0.94	-0.71	0.99	0.03
Common Stock Shares Outstanding	0.87	-0.59	-0.23	0.47	0.88	0.86	0.88	0.89	0.51	-0.52	0.9	0.46	0.24	0.9	-0.52	-0.82	-0.71	0.3	0.6	0.43	0.84		-0.74	-0.4	0.86	0.23
Long Term Debt Total	-0.84	0.94	-0.05	-0.7	-0.9	-0.52	-0.88	-0.84	-0.61	0.82	-0.67	-0.71	-0.32	-0.84	0.57	0.93	0.99	-0.37	-0.71	-0.24	-0.94	-0.74		0.88	-0.94	-0.06
Non Current Liabilities Total	-0.53	0.96	-0.07	-0.52	-0.65	-0.19	-0.62	-0.54	-0.47	0.86	-0.32	-0.61	-0.34	-0.52	0.65	0.76	0.89	-0.36	-0.44	0.08	-0.71	-0.4	0.88		-0.69	0.22
Capital Surpluse	0.96	-0.82	0.06	0.76	0.98	0.72	0.97	0.96	0.7	-0.79	0.81	0.73	0.44	0.96	-0.52	-0.94	-0.94	0.49	0.8	0.3	0.99	0.86	-0.94	-0.69		0.05
Inventory	0.06	0.22	0.02	0.14	-0.03	-0.04	-0.03	0.05	-0.29	0.48	0.14	-0.02	-0.6	0.08	0.44	-0.05	0.07	-0.56	0.21	0.78	0.03	0.23	-0.06	0.22	0.05

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ProPetro Holding Account Relationship Matchups

ProPetro Holding fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.1B	1.1B	1.3B	1.5B	1.1B
Short Long Term Debt Total	167.4M	799K	466K	33.2M	148.6M	82.0M
Other Current Liab	3.2M	11.2M	6.8M	14.7M	15.5M	21.6M
Total Current Liabilities	233.0M	104.2M	173.8M	284.2M	271.1M	236.3M
Total Stockholder Equity	969.3M	870.8M	826.3M	954.0M	998.4M	748.0M
Other Liab	103.0M	75.3M	61.1M	65.3M	75.1M	54.3M
Net Tangible Assets	959.9M	870.8M	826.3M	874.1M	1.0B	664.0M
Property Plant And Equipment Net	1.0B	881.2M	808.9M	925.9M	1.1B	818.5M
Net Debt	18.4M	(68.0M)	(111.5M)	(55.7M)	115.2M	121.0M
Retained Earnings	142.6M	35.6M	(18.6M)	(16.6M)	69.0M	72.5M
Accounts Payable	193.1M	79.2M	152.6M	234.3M	161.4M	178.8M
Cash	149.0M	68.8M	111.9M	88.9M	33.4M	31.7M
Non Current Assets Total	1.1B	883.0M	810.2M	1.0B	1.2B	846.2M
Non Currrent Assets Other	2.6M	(73.5M)	(59.8M)	(64.1M)	2.1M	2.2M
Other Assets	2.6M	2.5M	1.3M	1.2M	1.0M	2.1M
Long Term Debt	57.2M	70M	130M	30M	45M	83.3M
Cash And Short Term Investments	149.0M	68.8M	111.9M	99.1M	41.1M	39.0M
Net Receivables	212.2M	84.2M	128.1M	215.9M	237.0M	181.6M
Common Stock Shares Outstanding	103.8M	100.8M	102.7M	106.9M	113.4M	104.8M
Long Term Debt Total	57.2M	70M	130M	30M	27M	25.7M
Liabilities And Stockholders Equity	1.4B	1.1B	1.1B	1.3B	1.5B	1.1B
Non Current Liabilities Total	233.8M	75.8M	61.1M	97.6M	210.8M	114.9M
Capital Surpluse	826.6M	835.1M	844.8M	970.5M	1.1B	763.6M
Inventory	2.4M	2.7M	3.9M	5.0M	17.7M	18.6M
Other Current Assets	1.1M	12.0M	7.0M	8.7M	15.0M	15.7M
Other Stockholder Equity	826.6M	835.1M	844.8M	970.5M	929.2M	873.7M
Total Liab	466.8M	180.0M	234.9M	381.8M	481.9M	394.2M
Property Plant And Equipment Gross	1.0B	881.2M	808.9M	922.7M	1.7B	896.9M
Total Current Assets	375.6M	167.7M	251.1M	328.8M	310.8M	296.0M
Property Plant Equipment	1.0B	880.5M	808.9M	922.7M	1.1B	770.0M
Non Current Liabilities Other	799K	465K	97K	2.3M	3.2M	3.3M
Retained Earnings Total Equity	142.6M	35.6M	(18.6M)	(16.6M)	(19.1M)	(20.0M)

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ProPetro Long Term Debt vs Cash Analysis

Long Term Debt vs Cash

Long Term Debt vs Cash Correlation Analysis

Correlation Coefficient

Long Term Debt

Cash

ProPetro Holding fundamental ratios Correlations

ProPetro Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ProPetro Holding fundamental ratios Accounts

Additional Tools for ProPetro Stock Analysis

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.99	Net Tangible Assets

Capital Surpluse	- 0.94	Long Term Debt Total
Long Term Debt Total	- 0.94	Common Stock Total Equity
Capital Surpluse	- 0.94	Long Term Debt
Common Stock Total Equity	- 0.94	Long Term Debt
Capital Surpluse	- 0.94	Other Assets
Common Stock Total Equity	- 0.92	Other Assets