ProFrac Holding Corp (ACDC)
7.115
+0.25
(+3.64%)
USD |
NASDAQ |
May 03, 13:53
ProFrac Debt to Equity Ratio: 0.8822 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.8822 |
| September 30, 2023 | 0.8456 |
| June 30, 2023 | 0.9143 |
| March 31, 2023 | 10.41 |
| December 31, 2022 | -0.7813 |
| Date | Value |
|---|---|
| September 30, 2022 | -0.6284 |
| June 30, 2022 | -0.3401 |
| March 31, 2022 | 2.554 |
| December 31, 2021 | 2.050 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-0.7813
Minimum
Dec 2022
10.41
Maximum
Mar 2023
1.767
Average
0.8822
Median
Dec 2023
Debt to Equity Ratio Benchmarks
| Dawson Geophysical Co | 0.029 |
| Liberty Energy Inc | 0.0881 |
| Viper Energy Inc | 1.013 |
| NextDecade Corp | -- |
| Weatherford International PLC | 1.529 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.071B |
| Total Liabilities (Quarterly) | 1.801B |
| Shareholders Equity (Quarterly) | 1.211B |
| Current Ratio | 0.9834 |
| Net Debt Paydown Yield | -7.75% |