ProPetro Total Assets from 2010 to 2026

PUMP Stock  USD 9.87  0.05  0.51%   
ProPetro Holding Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 1.2 B. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2015-12-31
Previous Quarter
1.2 B
Current Value
1.3 B
Quarterly Volatility
328.4 M
 
Yuan Drop
 
Covid
Check ProPetro Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProPetro Holding's main balance sheet or income statement drivers, such as Interest Income of 10.1 M, Depreciation And Amortization of 131.4 M or Interest Expense of 6.5 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0 or PTB Ratio of 1.3. ProPetro financial statements analysis is a perfect complement when working with ProPetro Holding Valuation or Volatility modules.
  
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Check out the analysis of ProPetro Holding Correlation against competitors.

Latest ProPetro Holding's Total Assets Growth Pattern

Below is the plot of the Total Assets of ProPetro Holding Corp over the last few years. Total assets refers to the total amount of ProPetro Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in ProPetro Holding Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. ProPetro Holding's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ProPetro Holding's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.22 B10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

ProPetro Total Assets Regression Statistics

Arithmetic Mean904,196,565
Geometric Mean804,759,609
Coefficient Of Variation46.51
Mean Deviation387,575,555
Median1,050,739,000
Standard Deviation420,511,635
Sample Variance176830T
Range1B
R-Value0.87
Mean Square Error47149.9T
R-Squared0.75
Slope72,118,363
Total Sum of Squares2829280.6T

ProPetro Total Assets History

20261.2 B
20251.4 B
20241.2 B
20231.5 B
20221.3 B
20211.1 B
20201.1 B

Other Fundumenentals of ProPetro Holding Corp

ProPetro Holding Total Assets component correlations

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0.980.990.73-0.740.830.57-0.910.79-0.1-0.910.980.16-0.540.840.190.850.980.980.940.960.80.6
0.970.990.73-0.710.820.51-0.90.77-0.17-0.890.970.16-0.550.810.20.850.980.990.940.950.820.58
0.710.730.73-0.740.790.44-0.590.44-0.21-0.570.640.06-0.260.62-0.180.440.680.750.790.710.610.08
-0.64-0.74-0.71-0.74-0.6-0.650.78-0.430.140.72-0.690.30.14-0.630.36-0.45-0.74-0.67-0.66-0.6-0.52-0.16
0.830.830.820.79-0.60.41-0.580.530.07-0.560.710.2-0.260.62-0.130.660.730.840.90.880.80.28
0.590.570.510.44-0.650.41-0.570.740.34-0.560.530.24-0.270.74-0.170.240.610.50.430.510.270.31
-0.85-0.91-0.9-0.590.78-0.58-0.57-0.730.180.99-0.940.080.5-0.74-0.2-0.74-0.96-0.85-0.75-0.77-0.6-0.55
0.860.790.770.44-0.430.530.74-0.730.19-0.740.820.56-0.520.910.370.580.820.780.650.770.530.62
-0.02-0.1-0.17-0.210.140.070.340.180.190.21-0.140.380.390.04-0.34-0.31-0.14-0.15-0.22-0.04-0.320.02
-0.86-0.91-0.89-0.570.72-0.56-0.560.99-0.740.21-0.940.040.59-0.75-0.3-0.78-0.96-0.85-0.76-0.79-0.61-0.61
0.960.980.970.64-0.690.710.53-0.940.82-0.14-0.940.17-0.550.850.30.840.990.960.870.910.750.65
0.350.160.160.060.30.20.240.080.560.380.040.17-0.230.470.410.070.120.260.180.330.10.33
-0.56-0.54-0.55-0.260.14-0.26-0.270.5-0.520.390.59-0.55-0.23-0.48-0.7-0.71-0.58-0.56-0.55-0.6-0.49-0.78
0.890.840.810.62-0.630.620.74-0.740.910.04-0.750.850.47-0.480.250.630.830.830.770.830.650.56
0.260.190.2-0.180.36-0.13-0.17-0.20.37-0.34-0.30.30.41-0.70.250.480.230.220.170.260.20.62
0.820.850.850.44-0.450.660.24-0.740.58-0.31-0.780.840.07-0.710.630.480.820.840.870.870.870.74
0.960.980.980.68-0.740.730.61-0.960.82-0.14-0.960.990.12-0.580.830.230.820.960.880.910.740.62
0.980.980.990.75-0.670.840.5-0.850.78-0.15-0.850.960.26-0.560.830.220.840.960.960.960.830.59
0.930.940.940.79-0.660.90.43-0.750.65-0.22-0.760.870.18-0.550.770.170.870.880.960.970.920.52
0.980.960.950.71-0.60.880.51-0.770.77-0.04-0.790.910.33-0.60.830.260.870.910.960.970.840.65
0.780.80.820.61-0.520.80.27-0.60.53-0.32-0.610.750.1-0.490.650.20.870.740.830.920.840.45
0.630.60.580.08-0.160.280.31-0.550.620.02-0.610.650.33-0.780.560.620.740.620.590.520.650.45
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About ProPetro Holding Financial Statements

ProPetro Holding shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although ProPetro Holding investors may analyze each financial statement separately, they are all interrelated. The changes in ProPetro Holding's assets and liabilities, for example, are also reflected in the revenues and expenses on on ProPetro Holding's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets1.4 B1.2 B
Intangibles To Total Assets 0.05  0.05 

Pair Trading with ProPetro Holding

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProPetro Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProPetro Holding will appreciate offsetting losses from the drop in the long position's value.

Moving together with ProPetro Stock

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Moving against ProPetro Stock

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The ability to find closely correlated positions to ProPetro Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProPetro Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProPetro Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProPetro Holding Corp to buy it.
The correlation of ProPetro Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProPetro Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProPetro Holding Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProPetro Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for ProPetro Stock Analysis

When running ProPetro Holding's price analysis, check to measure ProPetro Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.