U.S. WELL SERVICES HOLDINGS, LLC
Energy · Oil & Gas Field Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $250.5M | $244.0M | $514.8M | $171.6M | $32.9M | $0 |
| Operating income | −$52.0M | −$222.4M | −$75.3M | −$8,000 | −$1.6M | −$5,000 |
| Net income | −$70.6M | −$235.7M | −$93.9M | −$7.1M | −$5.7M | −$5,000 |
| Total assets | $243.6M | $323.2M | $612.8M | $480.2M | $407.6M | $220,000 |
| Total liabilities | $348.8M | $353.2M | $426.1M | $239.9M | $363.3M | $200,000 |
| Equity | −$129.1M | −$105.4M | $137.1M | $187.6M | $44.3M | $0 |
| EPS (diluted) | — | — | — | — | $0.02 | $0.00 |
| Shares out. | — | — | — | — | 34.2M | 7.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- −20.8%
- Net margin
- −28.2%
- Return on equity
- 54.7%
- Return on assets
- −29.0%
- Return on capital (ROCE)
- −28.0%
- Liabilities / assets
- 143.2%
- Debt / equity
- —
- Book value / share
- —
- Revenue growth (YoY)
- 2.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2021- Altman Z″ (distress)
- -6.97distress
- Accruals / assets
- −21.1%clean
- Piotroski F-Score
- 5/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 4 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsNov 7, 2022
- Modified shareholder rights · Shareholder voteOct 31, 2022
- Other material eventOct 18, 2022
- Entered a material agreement · New financial obligationOct 6, 2022
- Results of operationsAug 10, 2022
- Modified shareholder rights · Amended charter or bylaws · Regulation FD disclosureAug 5, 2022
- Modified shareholder rights · Amended charter or bylaws · Regulation FD disclosureAug 5, 2022
- Entered a material agreement · New financial obligationJul 22, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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