ProPetro Holding Corp (PUMP)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 816,273 | 998,392 | 954,033 | 826,302 | 870,771 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $816,273K)
= 0.00
The debt-to-capital ratio of ProPetro Holding Corp has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital is entirely financed by equity, which can be viewed positively as it signifies lower financial risk and reliance on external borrowing. It implies that the company may have a strong financial position and is not overly leveraged, which could potentially provide stability and flexibility in managing its operations and growth.
Peer comparison
Dec 31, 2024