ProFrac Fixed Asset Turnover from 2010 to 2024

ACDC Stock  USD 7.55  0.41  5.74%   
ProFrac Holding's Fixed Asset Turnover is decreasing over the years with very volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 1.27. During the period from 2010 to 2024 ProFrac Holding Fixed Asset Turnover annual values regression line had geometric mean of  1.52 and mean square error of  0.04. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.40928089
Current Value
1.27
Quarterly Volatility
0.18766968
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ProFrac Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProFrac Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 266.8 M, Total Revenue of 1.6 B or Gross Profit of 309.7 M, as well as many indicators such as Price To Sales Ratio of 0.4, Dividend Yield of 0.0 or PTB Ratio of 0.83. ProFrac financial statements analysis is a perfect complement when working with ProFrac Holding Valuation or Volatility modules.
  
Check out the analysis of ProFrac Holding Correlation against competitors.

Latest ProFrac Holding's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of ProFrac Holding Corp over the last few years. It is ProFrac Holding's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ProFrac Holding's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

ProFrac Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.53
Geometric Mean1.52
Coefficient Of Variation12.28
Mean Deviation0.09
Median1.52
Standard Deviation0.19
Sample Variance0.04
Range0.8427
R-Value(0.04)
Mean Square Error0.04
R-Squared0
Significance0.89
Slope(0)
Total Sum of Squares0.49

ProFrac Fixed Asset Turnover History

2023 1.41
2022 1.61
2021 2.11
2020 1.27

About ProFrac Holding Financial Statements

ProFrac Holding stakeholders use historical fundamental indicators, such as ProFrac Holding's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although ProFrac Holding investors may analyze each financial statement separately, they are all interrelated. For example, changes in ProFrac Holding's assets and liabilities are reflected in the revenues and expenses on ProFrac Holding's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ProFrac Holding Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.41  1.27 

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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 the analysis of ProFrac Holding Correlation against competitors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.