What is ProFrac Holding Debt-to-Equity?
ProFrac Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $156 Mil. ProFrac Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $975 Mil. ProFrac Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,214 Mil.
ProFrac Holding's debt to equity for the quarter that ended in Mar. 2024 was 0.93.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for ProFrac Holding's Debt-to-Equity or its related term are showing as below:
ACDC'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.88 Med: 0.96 Max: 11.36
Current: 0.93
During the past 4 years, the highest Debt-to-Equity Ratio of ProFrac Holding was 11.36. The lowest was -0.88. And the median was 0.96.
ProFrac Holding Debt-to-Equity Historical Data
The historical data trend for ProFrac Holding's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ProFrac Holding Debt-to-Equity Chart
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ProFrac Holding Annual Data
|
|
Trend |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
1.56 |
2.05 |
-0.88 |
0.96 |
|
ProFrac Holding Quarterly Data
|
|
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Debt-to-Equity |
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|
|
|
|
|
|
|
11.36 |
1.00 |
0.93 |
0.96 |
0.93 |
Competitive Comparison of ProFrac Holding's Debt-to-Equity
For the Oil & Gas Equipment & Services subindustry, ProFrac Holding's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ProFrac Holding's Debt-to-Equity Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ProFrac Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ProFrac Holding's Debt-to-Equity falls into.
ProFrac Holding Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
ProFrac Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
ProFrac Holding's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ProFrac Holding (ProFrac Holding) Business Description
Traded in Other Exchanges
N/A
Address
333 Shops Boulevard, Suite 301, Willow Park, TX, USA, 76087
ProFrac Holding Corp is engaged in providing hydraulic fracturing, completion services, and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. Its operations are primarily focused in West Texas, East Texas/Louisiana, South Texas, Oklahoma, Uinta, and Appalachian. The company operates in three segments: stimulation services, manufacturing, and proppant production. Stimulation services, which generate the majority of the revenue for the company operate a fleet of mobile hydraulic fracturing units and other auxiliary equipment that generates revenue by providing stimulation services.
Executives
| Thrc Holdings, Lp |
director, 10 percent owner, other: Director by Deputization |
17018 INTERSTATE 20, CISCO TX 76437 |
| Farris Wilks |
director, 10 percent owner, other: Director by Deputization |
17018 INTERSTATE 20, CISCO TX 76437 |
| Heather N Klein |
officer: Chief Administrative Officer |
C/O PROFRAC HOLDING CORP., 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087 |
| Robert J Willette |
officer: Chief Legal Officer, Secretary |
333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087 |
| Matthew Wilks |
director, officer: See Remarks |
17010 IH-20, CISCO TX 76437 |
| Johnathan Ladd Wilks |
officer: Chief Executive Officer |
17010 INTERSTATE 20, CISCO TX 76437 |
| Phillip Blaine Wilbanks |
officer: Chief Operating Officer |
333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087 |
| Matthew A Greenwood |
officer: Chief Commercial Officer |
C/O PROFRAC HOLDING CORP., 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087 |
| Sergei Krylov |
director |
6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116 |
| Stacy Durbin Nieuwoudt |
director |
20475 SH 249, SUITE 300, HOUSTON TX 77070 |
| Gerald W Haddock |
director |
C/O ENSCO, 5847 SAN FELIPE, HOUSTON TX 77057 |
| Theresa Glebocki |
director |
C/O TROPICANA ENTERTAINMENT INC., 8345 W. SUNSET ROAD, SUITE 200, LAS VEGAS NV 89113 |
| Jo Ann Wilks |
director, 10 percent owner, other: Director by Deputization |
17018 IH-20, CISCO TX 76437 |
| Farris & Jo Ann Wilks 2022 Family Trust |
director, 10 percent owner, other: Director by Deputization |
17018 IH-20, CISCO TX 76437 |
| Randle James Coy Jr |
officer: Chief Operating Officer |
PO BOX 1966, PALESTINE TX 75802 |
ProFrac Holding (ProFrac Holding) Headlines
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