ProFrac Other Current Assets from 2010 to 2024

ACDC Stock  USD 7.87  0.12  1.55%   
ProFrac Holding's Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 18.6 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
23.3 M
Current Value
18.6 M
Quarterly Volatility
10.6 M
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of ProFrac Holding Corp over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. ProFrac Holding's Other Current Assets 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

ProFrac Other Current Assets Regression Statistics

Arithmetic Mean10,180,951
Geometric Mean7,671,047
Coefficient Of Variation104.46
Mean Deviation7,278,321
Median5,489,000
Standard Deviation10,634,705
Sample Variance113.1T
Range37.7M
R-Value0.59
Mean Square Error79.3T
R-Squared0.35
Significance0.02
Slope1,404,453
Total Sum of Squares1583.4T

ProFrac Other Current Assets History

202418.6 M
202323.3 M
202243.2 M
20216.2 M
20206.5 M

About ProFrac Holding Financial Statements

ProFrac Holding stakeholders use historical fundamental indicators, such as ProFrac Holding's Other Current Assets, 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
Other Current Assets23.3 M18.6 M

Also Currently Popular

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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.