U.S. Well Services, Inc. WT EXP 031524 USWSW NASDAQ

U.S. Well Services, Inc. WT EXP 031524 (USWSW) reported total assets of $298.67M and total liabilities of $388.62M for quarter ending 2022-06-30, resulting in total equity of $-89.96M.

The company held $17.27M in cash and short-term investments. Total debt stood at $314.63M, with net debt of $297.36M. The Debt-to-Equity (D/E) ratio was -3.5 (conservative).

Current ratio is 0.72, which may signal tight short-term liquidity. Interest coverage is 0x (weak).

Criteria supported by this page:

• HEALTH (25/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (14/100) — Total assets $298.67M and equity $-89.96M support the company's competitive scale

Overall SharesGrow Score: 12/100 with 0/7 criteria passed.