Ranger Long Term Debt Total vs Other Stockholder Equity Analysis

RNGR Stock  USD 10.25  0.12  1.16%   
Ranger Energy financial indicator trend analysis is much more than just breaking down Ranger Energy Services prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ranger Energy Services is a good investment. Please check the relationship between Ranger Energy Long Term Debt Total and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ranger Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Long Term Debt Total vs Other Stockholder Equity

Long Term Debt Total vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranger Energy Services Long Term Debt Total account and Other Stockholder Equity. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ranger Energy's Long Term Debt Total and Other Stockholder Equity is 0.28. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Ranger Energy Services, assuming nothing else is changed. The correlation between historical values of Ranger Energy's Long Term Debt Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Ranger Energy Services are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt Total i.e., Ranger Energy's Long Term Debt Total and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Long Term Debt Total

Other Stockholder Equity

Most indicators from Ranger Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ranger Energy Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ranger Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Ranger Energy's Tax Provision is relatively stable compared to the past year. As of 04/28/2024, Enterprise Value Over EBITDA is likely to grow to 3.56, while Issuance Of Capital Stock is likely to drop 0.00.
 2023 2024 (projected)
Depreciation And Amortization39.9M30.3M
Interest Income6.7M3.7M

Ranger Energy fundamental ratios Correlations

0.630.690.970.90.80.830.990.480.890.540.980.50.540.940.750.420.890.630.960.970.930.530.940.69-0.69
0.630.080.680.370.120.230.710.980.35-0.080.70.82-0.080.50.110.710.79-0.010.510.740.480.860.430.85-0.51
0.690.080.620.770.770.870.6-0.080.680.730.590.250.730.790.870.270.660.870.760.650.7-0.060.830.14-0.48
0.970.680.620.880.790.80.960.560.860.440.960.480.440.930.690.380.870.570.940.990.880.660.910.8-0.71
0.90.370.770.880.880.920.830.240.810.530.820.210.530.960.910.120.750.720.970.870.880.420.970.53-0.48
0.80.120.770.790.880.930.73-0.030.840.680.730.00.680.830.8-0.070.530.810.860.730.780.240.850.45-0.53
0.830.230.870.80.920.930.770.060.740.740.760.210.740.870.860.140.70.910.890.790.830.270.90.47-0.49
0.990.710.60.960.830.730.770.570.860.511.00.570.510.880.640.490.890.570.910.970.910.590.870.76-0.71
0.480.98-0.080.560.24-0.030.060.570.2-0.290.560.75-0.290.37-0.030.640.67-0.210.380.610.310.870.290.8-0.39
0.890.350.680.860.810.840.740.860.20.620.870.260.620.830.720.240.660.630.860.820.880.250.860.46-0.64
0.54-0.080.730.440.530.680.740.51-0.290.620.510.181.00.460.60.220.410.920.50.450.7-0.220.570.11-0.45
0.980.70.590.960.820.730.761.00.560.870.510.570.510.870.620.490.880.560.910.960.90.580.860.75-0.7
0.50.820.250.480.210.00.210.570.750.260.180.570.180.330.070.980.790.180.370.60.440.470.320.57-0.43
0.54-0.080.730.440.530.680.740.51-0.290.621.00.510.180.460.60.220.410.920.50.450.7-0.220.570.11-0.45
0.940.50.790.930.960.830.870.880.370.830.460.870.330.460.870.250.830.640.970.930.850.480.980.58-0.62
0.750.110.870.690.910.80.860.64-0.030.720.60.620.070.60.870.020.630.770.830.690.80.10.920.21-0.49
0.420.710.270.380.12-0.070.140.490.640.240.220.490.980.220.250.020.710.180.280.50.380.290.250.42-0.38
0.890.790.660.870.750.530.70.890.670.660.410.880.790.410.830.630.710.540.840.940.820.590.820.71-0.66
0.63-0.010.870.570.720.810.910.57-0.210.630.920.560.180.920.640.770.180.540.670.580.75-0.050.720.23-0.44
0.960.510.760.940.970.860.890.910.380.860.50.910.370.50.970.830.280.840.670.930.90.50.970.62-0.54
0.970.740.650.990.870.730.790.970.610.820.450.960.60.450.930.690.50.940.580.930.880.660.910.79-0.71
0.930.480.70.880.880.780.830.910.310.880.70.90.440.70.850.80.380.820.750.90.880.370.910.57-0.65
0.530.86-0.060.660.420.240.270.590.870.25-0.220.580.47-0.220.480.10.290.59-0.050.50.660.370.390.93-0.36
0.940.430.830.910.970.850.90.870.290.860.570.860.320.570.980.920.250.820.720.970.910.910.390.52-0.61
0.690.850.140.80.530.450.470.760.80.460.110.750.570.110.580.210.420.710.230.620.790.570.930.52-0.54
-0.69-0.51-0.48-0.71-0.48-0.53-0.49-0.71-0.39-0.64-0.45-0.7-0.43-0.45-0.62-0.49-0.38-0.66-0.44-0.54-0.71-0.65-0.36-0.61-0.54
Click cells to compare fundamentals

Ranger Energy Account Relationship Matchups

Ranger Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets293.5M240.6M393.1M381.6M378M298.1M
Short Long Term Debt Total55.6M33.5M68.3M28M14.9M14.2M
Total Current Liabilities55.1M33M102.7M74.5M69M56.6M
Other Liab700K1.8M5M4.7M5.4M5.7M
Net Tangible Assets103.9M101.9M240.8M259.1M298.0M312.9M
Property Plant And Equipment Net225.4M195.2M277.4M232.8M235.3M212.2M
Net Debt48.7M30.7M67.7M24.3M(800K)(760K)
Accounts Payable13.8M10.5M20.7M24.3M31.3M19.4M
Cash6.9M2.8M600K3.7M15.7M16.5M
Non Current Assets Total234.8M204.9M287.9M241.5M242.6M223.1M
Long Term Debt26.6M14.5M18.4M11.6M13.3M19.2M
Cash And Short Term Investments6.9M2.8M600K3.7M15.7M16.5M
Net Receivables42.7M27M93.8M118.1M85.4M57.5M
Common Stock Shares Outstanding8.6M8.5M13.6M23.4M25.0M13.4M
Long Term Debt Total7.3M51.3M30.2M11.6M13.3M21.8M
Liabilities And Stockholders Equity293.5M240.6M393.1M381.6M378M298.1M
Non Current Liabilities Total35.4M22.8M41.7M40.9M37.2M31.9M
Other Current Assets5.3M3.6M8.3M12.4M27.9M29.3M
Other Stockholder Equity121.1M120.1M256.4M258.8M243.1M178.8M
Total Liab90.5M55.8M144.4M115.4M106.2M88.4M
Property Plant And Equipment Gross225.4M189M277.4M232.8M431.9M235.5M
Total Current Assets58.7M35.7M105.2M140.1M135.4M75.0M
Short Term Debt20.9M12.5M44.1M6.8M8M15.5M
Property Plant Equipment225.4M195.2M277.4M232.8M267.7M206.4M
Non Currrent Assets Other1M1.6M100K1.2M2.7M1.3M
Capital Lease Obligations13.2M9M5.8M9.6M33.8M35.5M
Inventory3.8M2.3M2.5M5.9M6.4M4.5M
Non Current Liabilities Other700K1.8M17.5M19.7M22.7M23.8M
Intangible Assets9.3M8.5M7.8M7.1M6.3M6.9M
Current Deferred Revenue18.4M9.3M30.3M1.7M2.0M1.9M
Retained Earnings(8.1M)(18.4M)(8M)7.1M28.4M29.8M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ranger Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ranger Energy's short interest history, or implied volatility extrapolated from Ranger Energy options trading.

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When determining whether Ranger Energy Services is a strong investment it is important to analyze Ranger Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ranger Energy's future performance. For an informed investment choice regarding Ranger Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ranger Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Ranger Energy Services information on this page should be used as a complementary analysis to other Ranger Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Ranger Energy's price analysis, check to measure Ranger Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ranger Energy is operating at the current time. Most of Ranger Energy's value examination focuses on studying past and present price action to predict the probability of Ranger Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ranger Energy's price. Additionally, you may evaluate how the addition of Ranger Energy to your portfolios can decrease your overall portfolio volatility.
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Is Ranger Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ranger Energy. If investors know Ranger will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ranger Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Dividend Share
0.1
Earnings Share
0.95
Revenue Per Share
25.878
Quarterly Revenue Growth
(0.02)
The market value of Ranger Energy Services is measured differently than its book value, which is the value of Ranger that is recorded on the company's balance sheet. Investors also form their own opinion of Ranger Energy's value that differs from its market value or its book value, called intrinsic value, which is Ranger Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ranger Energy's market value can be influenced by many factors that don't directly affect Ranger Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ranger Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ranger Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ranger Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.