Ranger Return On Equity from 2010 to 2024

RNGR Stock  USD 16.83  0.13  0.78%   
Ranger Energy Return On Equity yearly trend continues to be relatively stable with very little volatility. Return On Equity is likely to grow to 0.09 this year. Return On Equity is a measure of the profitability of Ranger Energy Services in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08756439
Current Value
0.0919
Quarterly Volatility
0.10269032
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ranger Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ranger Energy's main balance sheet or income statement drivers, such as Interest Income of 3.7 M, Depreciation And Amortization of 30.3 M or Interest Expense of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0104 or PTB Ratio of 0.92. Ranger financial statements analysis is a perfect complement when working with Ranger Energy Valuation or Volatility modules.
  
Check out the analysis of Ranger Energy Correlation against competitors.

Latest Ranger Energy's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Ranger Energy Services over the last few years. Return on Equity is the amount of Ranger Energy Services net income returned as a percentage of Ranger Energy equity. Return on equity measures Ranger Energy profitability by revealing how much profit Ranger Energy Services generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Ranger Energy's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ranger Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.053610 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Ranger Return On Equity Regression Statistics

Arithmetic Mean(0.07)
Coefficient Of Variation(150.07)
Mean Deviation0.09
Median(0.06)
Standard Deviation0.10
Sample Variance0.01
Range0.2582
R-Value0.86
Mean Square Error0
R-Squared0.74
Significance0.000039
Slope0.02
Total Sum of Squares0.15

Ranger Return On Equity History

2024 0.0919
2023 0.0876
2022 0.0567
2021 -0.008444
2020 -0.16
2019 0.0389
2018 -0.0324

About Ranger Energy Financial Statements

Ranger Energy shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Ranger Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Ranger Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ranger Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.09 

Additional Tools for Ranger Stock Analysis

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.