ProPetro Holding Corp (PUMP)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $816,273K
= 0.00
Based on the provided data, the debt-to-equity ratio of ProPetro Holding Corp has been consistently 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt in relation to its equity. This suggests that the company is mainly financed by equity rather than debt, which may signify a lower financial risk and a more stable financial position. However, it is essential to consider other financial metrics and factors to have a holistic view of the company's financial health and performance.
Peer comparison
Dec 31, 2024