ACDC (ProFrac Holding) Cash-to-Debt : 0.02 (As of Sep. 2024)

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What is ProFrac Holding Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. ProFrac Holding's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, ProFrac Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for ProFrac Holding's Cash-to-Debt or its related term are showing as below:

ACDC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.13
Current: 0.02

During the past 4 years, ProFrac Holding's highest Cash to Debt Ratio was 0.13. The lowest was 0.01. And the median was 0.02.

ACDC's Cash-to-Debt is ranked worse than
93.62% of 987 companies
in the Oil & Gas industry
Industry Median: 0.52 vs ACDC: 0.02

ProFrac Holding Cash-to-Debt Historical Data

The historical data trend for ProFrac Holding's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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ProFrac Holding Cash-to-Debt Chart

ProFrac Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

0.02

0.03

0.02

ProFrac Holding Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial											0.02	0.02	0.03	0.02	0.02

Competitive Comparison of ProFrac Holding's Cash-to-Debt

For the Oil & Gas Equipment & Services subindustry, ProFrac Holding's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ProFrac Holding's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ProFrac Holding's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ProFrac Holding's Cash-to-Debt falls into.

ProFrac Holding Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

ProFrac Holding's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	25.3	/	(150.9	+	1009.9)
	=	0.02

ProFrac Holding's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	25.5	/	(191.4	+	1114.7)
	=	0.02

ProFrac Holding (NAS:ACDC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

ProFrac Holding Cash-to-Debt Related Terms

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ProFrac Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ProFrac Holding Corp (NAS:ACDC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Shops Boulevard, Suite 301, Willow Park, TX, USA, 76087

Website

https://www.profrac.com

ProFrac Holding Corp is engaged in providing hydraulic fracturing, completion services, and other complementary products and services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. Its operations are focused in West Texas, East Texas/Louisiana, South Texas, Oklahoma, Uinta, and Appalachian. The company operates in three segments: stimulation services, manufacturing, and proppant production. Stimulation services, which generate the majority of the revenue for the company operate a fleet of mobile hydraulic fracturing units and other auxiliary equipment that generates revenue by providing stimulation services.

Executives

Matthew Wilks	director, officer: See Remarks	17010 IH-20, CISCO TX 76437
Thrc Holdings, Lp	director, 10 percent owner, other: Director by Deputization	17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks	director, 10 percent owner, other: Director by Deputization	17018 INTERSTATE 20, CISCO TX 76437
Heather N Klein	officer: Chief Administrative Officer	C/O PROFRAC HOLDING CORP., 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Robert J Willette	officer: Chief Legal Officer, Secretary	333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Johnathan Ladd Wilks	officer: Chief Executive Officer	17010 INTERSTATE 20, CISCO TX 76437
Phillip Blaine Wilbanks	officer: Chief Operating Officer	333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Matthew A Greenwood	officer: Chief Commercial Officer	C/O PROFRAC HOLDING CORP., 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Sergei Krylov	director	6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
Stacy Durbin Nieuwoudt	director	20475 SH 249, SUITE 300, HOUSTON TX 77070
Gerald W Haddock	director	C/O ENSCO, 5847 SAN FELIPE, HOUSTON TX 77057
Theresa Glebocki	director	C/O TROPICANA ENTERTAINMENT INC., 8345 W. SUNSET ROAD, SUITE 200, LAS VEGAS NV 89113
Jo Ann Wilks	director, 10 percent owner, other: Director by Deputization	17018 IH-20, CISCO TX 76437
Farris & Jo Ann Wilks 2022 Family Trust	director, 10 percent owner, other: Director by Deputization	17018 IH-20, CISCO TX 76437
Randle James Coy Jr	officer: Chief Operating Officer	PO BOX 1966, PALESTINE TX 75802