ProPetro Short Term Coverage Ratios from 2010 to 2024

PUMP Stock  USD 8.48  0.07  0.83%   
ProPetro Holding Short Term Coverage Ratios yearly trend continues to be relatively stable with very little volatility. Short Term Coverage Ratios is likely to drop to 3.34. During the period from 2010 to 2024, ProPetro Holding Short Term Coverage Ratios destribution of quarterly values had range of 6.3009 from its regression line and mean deviation of  1.29. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
6.24
Current Value
3.34
Quarterly Volatility
1.74773066
 
Credit Downgrade
 
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 Tax Provision of 39.5 M, Interest Income of 10.1 M or Depreciation And Amortization of 119.6 M, as well as many indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0 or PTB Ratio of 0.9. ProPetro financial statements analysis is a perfect complement when working with ProPetro Holding Valuation or Volatility modules.
  
Check out the analysis of ProPetro Holding Correlation against competitors.

Latest ProPetro Holding's Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of ProPetro Holding Corp over the last few years. It is ProPetro Holding's Short Term Coverage Ratios 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.
Short Term Coverage Ratios10 Years Trend
Pretty Stable
   Short Term Coverage Ratios   
       Timeline  

ProPetro Short Term Coverage Ratios Regression Statistics

Arithmetic Mean5.45
Geometric Mean4.90
Coefficient Of Variation32.09
Mean Deviation1.29
Median4.98
Standard Deviation1.75
Sample Variance3.05
Range6.3009
R-Value0.27
Mean Square Error3.05
R-Squared0.07
Significance0.33
Slope0.11
Total Sum of Squares42.76

ProPetro Short Term Coverage Ratios History

2024 3.34
2023 6.24
2017 6.93
2016 0.63

About ProPetro Holding Financial Statements

ProPetro Holding shareholders use historical fundamental indicators, such as Short Term Coverage Ratios, 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
Short Term Coverage Ratios 6.24  3.34 

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.