What is ProFrac Holding Corp.'s assets held for sale?

ProFrac Holding Corp. (ACDC) reported assets held for sale of $1.81M in Q3 2022.

What does assets held for sale mean?

Assets committed to a plan of sale, expected to be sold within one year, and carried at the lower of carrying amount or fair value less costs to sell.

ProFrac Holding Corp. ACDC Assets Held for Sale

Discontinued — last reported Q3 '22

Assets Held for Sale at other companies

Helmerich & PayneHP

$24.51M—

TransoceanRIG

$1M-99.7%

Other financials

Income statement

See full

Revenue$449.6M-25.1%

Gross profit$95.2M-47.4%

Operating income-$46.4M-390%

Net income-$83.5M-377%

EPS (diluted)-$0.47-292%

Balance sheet

See full

Cash & equivalents$33.5M+109%

Total debt$1.2B-8.5%

Total equity$617.2M-37.5%

Total assets$2.6B-15.6%

Cash flow

See full

Operating cash flow$9.3M-76.0%

CapEx$40.7M-22.5%

Free cash flow-$31.4M-128%

Valuation

See full

Market cap$967.93M-31.0%

Enterprise value$2.1B-21.5%

P/S0.5×-0.1×

Profitability

See full

Gross margin22.4%-7.9pp

Operating margin-15.9%-23.2pp

Net margin-24.2%-111pp

FCF margin3.8%-3.0pp

Returns & leverage

See full

Return on equity-53.9%-155pp

Debt / equity1.9×+0.6×

Current ratio0.8×-0.2×

Where this comes from

Reported directly by ProFrac Holding Corp. in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldForSaleNotPartOfDisposalGroupCurrent.

The official record: ProFrac Holding Corp.’s 10-Q, filed November 14, 2022, on SEC EDGAR. View the filing →

Ask your AI about ProFrac Holding Corp.'s assets held for sale.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is ProFrac Holding Corp.'s assets held for sale?: ProFrac Holding Corp. (ACDC) reported assets held for sale of $1.81M in Q3 2022.
What does assets held for sale mean?: Assets committed to a plan of sale, expected to be sold within one year, and carried at the lower of carrying amount or fair value less costs to sell.