ProPetro Holding Corp (PUMP)
Debt-to-equity ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 816,273 | 832,956 | 975,848 | 998,154 | 998,392 | 1,027,330 | 1,008,360 | 982,923 | 954,033 | 830,538 | 817,036 | 847,212 | 826,302 | 842,815 | 844,743 | 847,269 | 870,771 | 911,767 | 938,429 | 969,305 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
The debt-to-equity ratio of ProPetro Holding Corp has been consistently reported as 0.00 from March 31, 2020, to December 31, 2024. This suggests that the company has been utilizing primarily equity financing rather than debt to fund its operations and growth. A debt-to-equity ratio of 0.00 indicates that the company does not have any financial leverage in its capital structure during this period, which may be viewed positively by investors and creditors as it implies lower financial risk and a strong financial position. However, it is essential to consider other financial metrics and factors in conjunction with the debt-to-equity ratio to gain a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024