Ranger Retained Earnings vs Accounts Payable 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 Retained Earnings and its Accounts Payable 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.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranger Energy Services Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ranger Energy's Retained Earnings and Accounts Payable is 0.5. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ranger Energy Services are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Ranger Energy's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Ranger Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ranger Energy Services are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Amortization | 39.9M | 30.3M | Interest Income | 6.7M | 3.7M |
Ranger Energy fundamental ratios Correlations
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Ranger Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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.