ProPetro Good Will vs Long Term Debt Total Analysis

PUMP Stock  USD 8.24  0.01  0.12%   
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 Good Will and its Long Term Debt Total 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.

Good Will vs Long Term Debt Total

Good Will vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ProPetro Holding Corp Good Will account and Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between ProPetro Holding's Good Will and Long Term Debt Total is -0.24. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt Total 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 Good Will and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of ProPetro Holding Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Good Will i.e., ProPetro Holding's Good Will and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt Total

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 09/22/2024, 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 Amortization180.9M119.6M
Interest Income6.4M10.1M

ProPetro Holding fundamental ratios Correlations

-0.710.40.790.980.830.970.990.76-0.710.90.750.490.99-0.4-0.86-0.830.540.840.350.960.87-0.84-0.530.960.06
-0.71-0.28-0.57-0.81-0.45-0.79-0.72-0.620.92-0.54-0.63-0.41-0.710.740.830.95-0.44-0.510.04-0.84-0.590.940.96-0.820.22
0.4-0.280.660.330.170.340.390.42-0.290.230.40.210.390.07-0.18-0.310.230.40.210.360.11-0.32-0.210.350.21
0.79-0.570.660.720.390.70.720.54-0.580.520.940.430.73-0.04-0.69-0.690.470.940.460.770.47-0.7-0.520.760.14
0.98-0.810.330.720.820.990.980.78-0.80.880.70.50.98-0.54-0.9-0.90.540.760.240.980.88-0.9-0.650.98-0.03
0.83-0.450.170.390.820.850.880.73-0.490.950.340.40.87-0.43-0.55-0.520.430.480.140.730.86-0.52-0.190.72-0.04
0.97-0.790.340.70.990.850.990.78-0.780.890.670.450.99-0.54-0.87-0.880.50.750.20.980.88-0.88-0.620.97-0.03
0.99-0.720.390.720.980.880.990.79-0.710.930.670.451.0-0.45-0.83-0.830.490.770.280.960.89-0.84-0.540.960.05
0.76-0.620.420.540.780.730.780.79-0.710.760.460.640.76-0.34-0.5-0.630.640.48-0.140.710.51-0.61-0.470.7-0.29
-0.710.92-0.29-0.58-0.8-0.49-0.78-0.71-0.71-0.52-0.64-0.72-0.690.710.790.87-0.74-0.490.22-0.79-0.520.820.86-0.790.48
0.9-0.540.230.520.880.950.890.930.76-0.520.470.380.92-0.35-0.67-0.630.420.60.30.810.9-0.67-0.320.810.14
0.75-0.630.40.940.70.340.670.670.46-0.640.470.450.68-0.15-0.72-0.720.50.920.40.750.46-0.71-0.610.73-0.02
0.49-0.410.210.430.50.40.450.450.64-0.720.380.450.43-0.28-0.43-0.381.00.32-0.30.40.24-0.32-0.340.44-0.6
0.99-0.710.390.730.980.870.991.00.76-0.690.920.680.43-0.45-0.84-0.830.470.790.330.960.9-0.84-0.520.960.08
-0.40.740.07-0.04-0.54-0.43-0.54-0.45-0.340.71-0.35-0.15-0.28-0.450.550.63-0.3-0.020.26-0.51-0.520.570.65-0.520.44
-0.860.83-0.18-0.69-0.9-0.55-0.87-0.83-0.50.79-0.67-0.72-0.43-0.840.550.93-0.48-0.74-0.32-0.92-0.820.930.76-0.94-0.05
-0.830.95-0.31-0.69-0.9-0.52-0.88-0.83-0.630.87-0.63-0.72-0.38-0.830.630.93-0.42-0.69-0.14-0.94-0.710.990.89-0.940.07
0.54-0.440.230.470.540.430.50.490.64-0.740.420.51.00.47-0.3-0.48-0.420.37-0.230.440.3-0.37-0.360.49-0.56
0.84-0.510.40.940.760.480.750.770.48-0.490.60.920.320.79-0.02-0.74-0.690.370.560.810.6-0.71-0.440.80.21
0.350.040.210.460.240.140.20.28-0.140.220.30.4-0.30.330.26-0.32-0.14-0.230.560.270.43-0.240.080.30.78
0.96-0.840.360.770.980.730.980.960.71-0.790.810.750.40.96-0.51-0.92-0.940.440.810.270.84-0.94-0.710.990.03
0.87-0.590.110.470.880.860.880.890.51-0.520.90.460.240.9-0.52-0.82-0.710.30.60.430.84-0.74-0.40.860.23
-0.840.94-0.32-0.7-0.9-0.52-0.88-0.84-0.610.82-0.67-0.71-0.32-0.840.570.930.99-0.37-0.71-0.24-0.94-0.740.88-0.94-0.06
-0.530.96-0.21-0.52-0.65-0.19-0.62-0.54-0.470.86-0.32-0.61-0.34-0.520.650.760.89-0.36-0.440.08-0.71-0.40.88-0.690.22
0.96-0.820.350.760.980.720.970.960.7-0.790.810.730.440.96-0.52-0.94-0.940.490.80.30.990.86-0.94-0.690.05
0.060.220.210.14-0.03-0.04-0.030.05-0.290.480.14-0.02-0.60.080.44-0.050.07-0.560.210.780.030.23-0.060.220.05
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ProPetro Holding Account Relationship Matchups

ProPetro Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.1B1.1B1.3B1.5B1.1B
Short Long Term Debt Total167.4M799K466K33.2M148.6M82.0M
Other Current Liab3.2M24.7M20.8M39.0M56.4M41.0M
Total Current Liabilities233.0M104.2M173.8M284.2M271.1M236.3M
Total Stockholder Equity969.3M870.8M826.3M954.0M998.4M748.0M
Other Liab103.0M75.3M61.1M65.3M75.1M54.3M
Net Tangible Assets959.9M870.8M826.3M874.1M1.0B664.0M
Property Plant And Equipment Net1.0B881.2M808.9M925.9M1.1B818.5M
Net Debt18.4M(68.0M)(111.5M)(55.7M)115.2M121.0M
Retained Earnings142.6M35.6M(18.6M)(16.6M)69.0M72.5M
Accounts Payable193.1M79.2M152.6M234.3M161.4M178.8M
Cash149.0M68.8M111.9M88.9M33.4M31.7M
Non Current Assets Total1.1B883.0M810.2M1.0B1.2B846.2M
Non Currrent Assets Other2.6M(73.5M)(59.8M)(64.1M)2.1M2.2M
Other Assets2.6M2.5M1.3M1.2M1.0M2.1M
Long Term Debt57.2M70M130M30M45M83.3M
Cash And Short Term Investments149.0M68.8M111.9M99.1M41.1M39.0M
Net Receivables212.2M84.2M128.1M215.9M237.0M181.6M
Common Stock Shares Outstanding103.8M100.8M102.7M106.9M113.4M104.8M
Long Term Debt Total57.2M70M130M30M27M25.7M
Liabilities And Stockholders Equity1.4B1.1B1.1B1.3B1.5B1.1B
Non Current Liabilities Total233.8M75.8M61.1M97.6M210.8M114.9M
Capital Surpluse826.6M835.1M844.8M970.5M1.1B763.6M
Inventory2.4M2.7M3.9M5.0M17.7M18.6M
Other Current Assets1.1M782K297K38K15.0M15.7M
Other Stockholder Equity826.6M835.1M844.8M970.5M929.2M873.7M
Total Liab466.8M180.0M234.9M381.8M481.9M394.2M
Property Plant And Equipment Gross1.0B881.2M808.9M922.7M1.7B896.9M
Total Current Assets375.6M167.7M251.1M328.8M310.8M296.0M
Property Plant Equipment1.0B880.5M808.9M922.7M1.1B770.0M
Non Current Liabilities Other799K465K97K2.3M3.2M3.3M
Retained Earnings Total Equity142.6M35.6M(18.6M)(16.6M)(19.1M)(20.0M)

Additional Tools for ProPetro Stock Analysis

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