Ranger Operating Income vs Non Recurring Analysis

RNGR Stock

USD 10.21 0.04 0.39%

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 Operating Income and its Non Recurring 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.

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranger Energy Services Operating Income account and Non Recurring. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ranger Energy's Operating Income and Non Recurring is -0.64. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Recurring 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 Operating Income and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Ranger Energy Services are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Operating Income i.e., Ranger Energy's Operating Income and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Ranger Energy Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ranger Energy Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Non Recurring

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 04/30/2024, 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 Amortization	39.9M	30.3M
Interest Income	6.7M	3.7M

Depreciation And Amortization Interest Income

Ranger Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Long Term Debt Total	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.63	0.69	0.97	0.9	0.8	0.83	0.99	0.48	0.89	0.54	0.98	0.5	0.54	0.94	0.75	0.42	0.89	0.63	0.96	0.97	0.93	0.53	0.94	0.69	-0.69
Short Long Term Debt Total	0.63		0.08	0.68	0.37	0.12	0.23	0.71	0.98	0.35	-0.08	0.7	0.82	-0.08	0.5	0.11	0.71	0.79	-0.01	0.51	0.74	0.48	0.86	0.43	0.85	-0.51
Other Current Liab	0.69	0.08		0.62	0.77	0.77	0.87	0.6	-0.08	0.68	0.73	0.59	0.25	0.73	0.79	0.87	0.27	0.66	0.87	0.76	0.65	0.7	-0.06	0.83	0.14	-0.48
Total Current Liabilities	0.97	0.68	0.62		0.88	0.79	0.8	0.96	0.56	0.86	0.44	0.96	0.48	0.44	0.93	0.69	0.38	0.87	0.57	0.94	0.99	0.88	0.66	0.91	0.8	-0.71
Total Stockholder Equity	0.9	0.37	0.77	0.88		0.88	0.92	0.83	0.24	0.81	0.53	0.82	0.21	0.53	0.96	0.91	0.12	0.75	0.72	0.97	0.87	0.88	0.42	0.97	0.53	-0.48
Other Liab	0.8	0.12	0.77	0.79	0.88		0.93	0.73	-0.03	0.84	0.68	0.73	0.0	0.68	0.83	0.8	-0.07	0.53	0.81	0.86	0.73	0.78	0.24	0.85	0.45	-0.53
Net Tangible Assets	0.83	0.23	0.87	0.8	0.92	0.93		0.77	0.06	0.74	0.74	0.76	0.21	0.74	0.87	0.86	0.14	0.7	0.91	0.89	0.79	0.83	0.27	0.9	0.47	-0.49
Property Plant And Equipment Net	0.99	0.71	0.6	0.96	0.83	0.73	0.77		0.57	0.86	0.51	1.0	0.57	0.51	0.88	0.64	0.49	0.89	0.57	0.91	0.97	0.91	0.59	0.87	0.76	-0.71
Net Debt	0.48	0.98	-0.08	0.56	0.24	-0.03	0.06	0.57		0.2	-0.29	0.56	0.75	-0.29	0.37	-0.03	0.64	0.67	-0.21	0.38	0.61	0.31	0.87	0.29	0.8	-0.39
Accounts Payable	0.89	0.35	0.68	0.86	0.81	0.84	0.74	0.86	0.2		0.62	0.87	0.26	0.62	0.83	0.72	0.24	0.66	0.63	0.86	0.82	0.88	0.25	0.86	0.46	-0.64
Cash	0.54	-0.08	0.73	0.44	0.53	0.68	0.74	0.51	-0.29	0.62		0.51	0.18	1.0	0.46	0.6	0.22	0.41	0.92	0.5	0.45	0.7	-0.22	0.57	0.11	-0.45
Non Current Assets Total	0.98	0.7	0.59	0.96	0.82	0.73	0.76	1.0	0.56	0.87	0.51		0.57	0.51	0.87	0.62	0.49	0.88	0.56	0.91	0.96	0.9	0.58	0.86	0.75	-0.7
Long Term Debt	0.5	0.82	0.25	0.48	0.21	0.0	0.21	0.57	0.75	0.26	0.18	0.57		0.18	0.33	0.07	0.98	0.79	0.18	0.37	0.6	0.44	0.47	0.32	0.57	-0.43
Cash And Short Term Investments	0.54	-0.08	0.73	0.44	0.53	0.68	0.74	0.51	-0.29	0.62	1.0	0.51	0.18		0.46	0.6	0.22	0.41	0.92	0.5	0.45	0.7	-0.22	0.57	0.11	-0.45
Net Receivables	0.94	0.5	0.79	0.93	0.96	0.83	0.87	0.88	0.37	0.83	0.46	0.87	0.33	0.46		0.87	0.25	0.83	0.64	0.97	0.93	0.85	0.48	0.98	0.58	-0.62
Common Stock Shares Outstanding	0.75	0.11	0.87	0.69	0.91	0.8	0.86	0.64	-0.03	0.72	0.6	0.62	0.07	0.6	0.87		0.02	0.63	0.77	0.83	0.69	0.8	0.1	0.92	0.21	-0.49
Long Term Debt Total	0.42	0.71	0.27	0.38	0.12	-0.07	0.14	0.49	0.64	0.24	0.22	0.49	0.98	0.22	0.25	0.02		0.71	0.18	0.28	0.5	0.38	0.29	0.25	0.42	-0.38
Non Current Liabilities Total	0.89	0.79	0.66	0.87	0.75	0.53	0.7	0.89	0.67	0.66	0.41	0.88	0.79	0.41	0.83	0.63	0.71		0.54	0.84	0.94	0.82	0.59	0.82	0.71	-0.66
Other Current Assets	0.63	-0.01	0.87	0.57	0.72	0.81	0.91	0.57	-0.21	0.63	0.92	0.56	0.18	0.92	0.64	0.77	0.18	0.54		0.67	0.58	0.75	-0.05	0.72	0.23	-0.44
Other Stockholder Equity	0.96	0.51	0.76	0.94	0.97	0.86	0.89	0.91	0.38	0.86	0.5	0.91	0.37	0.5	0.97	0.83	0.28	0.84	0.67		0.93	0.9	0.5	0.97	0.62	-0.54
Total Liab	0.97	0.74	0.65	0.99	0.87	0.73	0.79	0.97	0.61	0.82	0.45	0.96	0.6	0.45	0.93	0.69	0.5	0.94	0.58	0.93		0.88	0.66	0.91	0.79	-0.71
Property Plant And Equipment Gross	0.93	0.48	0.7	0.88	0.88	0.78	0.83	0.91	0.31	0.88	0.7	0.9	0.44	0.7	0.85	0.8	0.38	0.82	0.75	0.9	0.88		0.37	0.91	0.57	-0.65
Short Long Term Debt	0.53	0.86	-0.06	0.66	0.42	0.24	0.27	0.59	0.87	0.25	-0.22	0.58	0.47	-0.22	0.48	0.1	0.29	0.59	-0.05	0.5	0.66	0.37		0.39	0.93	-0.36
Total Current Assets	0.94	0.43	0.83	0.91	0.97	0.85	0.9	0.87	0.29	0.86	0.57	0.86	0.32	0.57	0.98	0.92	0.25	0.82	0.72	0.97	0.91	0.91	0.39		0.52	-0.61
Short Term Debt	0.69	0.85	0.14	0.8	0.53	0.45	0.47	0.76	0.8	0.46	0.11	0.75	0.57	0.11	0.58	0.21	0.42	0.71	0.23	0.62	0.79	0.57	0.93	0.52		-0.54
Common Stock	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	293.5M	240.6M	393.1M	381.6M	378M	298.1M
Short Long Term Debt Total	55.6M	33.5M	68.3M	28M	14.9M	14.2M
Total Current Liabilities	55.1M	33M	102.7M	74.5M	69M	56.6M
Other Liab	700K	1.8M	5M	4.7M	5.4M	5.7M
Net Tangible Assets	103.9M	101.9M	240.8M	259.1M	298.0M	312.9M
Property Plant And Equipment Net	225.4M	195.2M	277.4M	232.8M	235.3M	212.2M
Net Debt	48.7M	30.7M	67.7M	24.3M	(800K)	(760K)
Accounts Payable	13.8M	10.5M	20.7M	24.3M	31.3M	19.4M
Cash	6.9M	2.8M	600K	3.7M	15.7M	16.5M
Non Current Assets Total	234.8M	204.9M	287.9M	241.5M	242.6M	223.1M
Long Term Debt	26.6M	14.5M	18.4M	11.6M	13.3M	19.2M
Cash And Short Term Investments	6.9M	2.8M	600K	3.7M	15.7M	16.5M
Net Receivables	42.7M	27M	93.8M	118.1M	85.4M	57.5M
Common Stock Shares Outstanding	8.6M	8.5M	13.6M	23.4M	25.0M	13.4M
Long Term Debt Total	7.3M	51.3M	30.2M	11.6M	13.3M	21.8M
Liabilities And Stockholders Equity	293.5M	240.6M	393.1M	381.6M	378M	298.1M
Non Current Liabilities Total	35.4M	22.8M	41.7M	40.9M	37.2M	31.9M
Other Current Assets	5.3M	3.6M	8.3M	12.4M	27.9M	29.3M
Other Stockholder Equity	121.1M	120.1M	256.4M	258.8M	243.1M	178.8M
Total Liab	90.5M	55.8M	144.4M	115.4M	106.2M	88.4M
Property Plant And Equipment Gross	225.4M	189M	277.4M	232.8M	431.9M	235.5M
Total Current Assets	58.7M	35.7M	105.2M	140.1M	135.4M	75.0M
Short Term Debt	20.9M	12.5M	44.1M	6.8M	8M	15.5M
Property Plant Equipment	225.4M	195.2M	277.4M	232.8M	267.7M	206.4M
Non Currrent Assets Other	1M	1.6M	100K	1.2M	2.7M	1.3M
Capital Lease Obligations	13.2M	9M	5.8M	9.6M	33.8M	35.5M
Inventory	3.8M	2.3M	2.5M	5.9M	6.4M	4.5M
Non Current Liabilities Other	700K	1.8M	17.5M	19.7M	22.7M	23.8M
Intangible Assets	9.3M	8.5M	7.8M	7.1M	6.3M	6.9M
Current Deferred Revenue	18.4M	9.3M	30.3M	1.7M	2.0M	1.9M
Retained Earnings	(8.1M)	(18.4M)	(8M)	7.1M	28.4M	29.8M

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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:

How To Invest In Ranger

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Is Ranger Stock a good investment?

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What is Ranger Energy's Net Worth?

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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.

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Ranger Operating Income vs Non Recurring Analysis

Operating Income vs Non Recurring

Operating Income vs Non Recurring Correlation Analysis

Correlation Coefficient

Operating Income

Non Recurring

Ranger Energy fundamental ratios Correlations

Ranger Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ranger Energy fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total

Common Stock	- 0.71	Total Liab
Common Stock	- 0.71	Property Plant And Equipment Net
Common Stock	- 0.71	Total Current Liabilities
Common Stock	- 0.7	Non Current Assets Total
Common Stock	- 0.69	Total Assets
Common Stock	- 0.66	Non Current Liabilities Total