| 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 Net Interest Income and its Operating Income 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.
Net Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ProPetro Holding Corp Net Interest Income account and
Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ProPetro Holding's Net Interest Income and Operating Income is 0.48. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income 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 Net Interest Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of ProPetro Holding Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., ProPetro Holding's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.48 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Operating Income
Operating Income is the amount of profit realized from ProPetro Holding Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ProPetro Holding Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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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