| PUMP Stock | | | USD 8.47 0.11 1.32% |
ProPetro Holding financial indicator trend analysis is much more than just breaking down ProPetro Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProPetro Holding Corp is a good investment. Please check the relationship between ProPetro Holding Cost Of Revenue and its Capex To Revenue accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Cost Of Revenue vs Capex To Revenue
Cost Of Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ProPetro Holding Corp Cost Of Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between ProPetro Holding's Cost Of Revenue and Capex To Revenue is 0.71. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of ProPetro Holding Corp, assuming nothing else is changed. The correlation between historical values of ProPetro Holding's Cost Of Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of ProPetro Holding Corp are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Cost Of Revenue i.e., ProPetro Holding's Cost Of Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on ProPetro Holding Corp income statement and represents the costs associated with goods and services ProPetro Holding provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from ProPetro Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProPetro Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
As of 02/26/2025,
Tax Provision is likely to grow to about (29.8
M). In addition to that,
Selling General Administrative is likely to drop to about 85
MProPetro Holding fundamental ratios Correlations
Click cells to compare fundamentals
ProPetro Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ProPetro Holding fundamental ratios Accounts
Additional Tools for ProPetro Stock Analysis
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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.