Propetro Holding Corp Stock Current Asset

PUMP Stock  USD 8.45  0.05  0.59%   
ProPetro Holding Corp fundamentals help investors to digest information that contributes to ProPetro Holding's financial success or failures. It also enables traders to predict the movement of ProPetro Stock. The fundamental analysis module provides a way to measure ProPetro Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProPetro Holding stock.
As of 11/26/2024, Other Current Assets is likely to grow to about 15.7 M, while Non Current Assets Total are likely to drop slightly above 846.2 M.
  
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ProPetro Holding Corp Company Current Asset Analysis

ProPetro Holding's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

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Liquid Assets

More About Current Asset | All Equity Analysis

Current ProPetro Holding Current Asset

    
  287.84 M  
Most of ProPetro Holding's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ProPetro Holding Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ProPetro Current Asset Historical Pattern

Today, most investors in ProPetro Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ProPetro Holding's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of ProPetro Holding current asset as a starting point in their analysis.
   ProPetro Holding Current Asset   
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

ProPetro Total Assets

Total Assets

1.14 Billion

At this time, ProPetro Holding's Total Assets are relatively stable compared to the past year.
In accordance with the recently published financial statements, ProPetro Holding Corp has a Current Asset of 287.84 M. This is 95.96% lower than that of the Energy Equipment & Services sector and 86.67% lower than that of the Energy industry. The current asset for all United States stocks is 96.92% higher than that of the company.

ProPetro Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProPetro Holding's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ProPetro Holding could also be used in its relative valuation, which is a method of valuing ProPetro Holding by comparing valuation metrics of similar companies.
ProPetro Holding is currently under evaluation in current asset category among its peers.

ProPetro Holding ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ProPetro Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ProPetro Holding's managers, analysts, and investors.
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ProPetro Fundamentals

About ProPetro Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ProPetro Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProPetro Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProPetro Holding Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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.