Range Net Interest Income from 2010 to 2024

RRC Stock  USD 35.72  0.15  0.42%   
Range Resources' Net Interest Income is increasing over the years with very volatile fluctuation. Net Interest Income is expected to dwindle to about -130.2 M. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
-29.7 M
Current Value
-29.3 M
Quarterly Volatility
10 M
 
Covid
Check Range Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Range Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 344.6 M, Interest Expense of 87.2 M or Total Revenue of 2.7 B, as well as many indicators such as Price To Sales Ratio of 2.66, Dividend Yield of 0.0096 or PTB Ratio of 2.87. Range financial statements analysis is a perfect complement when working with Range Resources Valuation or Volatility modules.
  
Check out the analysis of Range Resources Correlation against competitors.

Latest Range Resources' Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Range Resources Corp over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Range Resources' Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Range Resources' overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Very volatile
   Net Interest Income   
       Timeline  

Range Net Interest Income Regression Statistics

Arithmetic Mean(174,468,013)
Coefficient Of Variation(15.40)
Mean Deviation19,711,458
Median(168,213,000)
Standard Deviation26,876,651
Sample Variance722.4T
Range103.3M
R-Value0.08
Mean Square Error772.3T
R-Squared0.01
Significance0.76
Slope509,506
Total Sum of Squares10113T

Range Net Interest Income History

2024-130.2 M
2023-124 M
2022-165.1 M
2021-227.3 M
2020-192.7 M
2019-194.3 M
2018-210.2 M

About Range Resources Financial Statements

Range Resources stakeholders use historical fundamental indicators, such as Range Resources' Net Interest Income, to determine how well the company is positioned to perform in the future. Although Range Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Range Resources' assets and liabilities are reflected in the revenues and expenses on Range Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Range Resources Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Interest Income-124 M-130.2 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Range Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Range Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Range Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Range Resources Corp Stock:
Check out the analysis of Range Resources Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Exploration & Production space 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 Range Resources. If investors know Range 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 Range Resources 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
0.04
Dividend Share
0.32
Earnings Share
2
Revenue Per Share
9.79
Quarterly Revenue Growth
(0.01)
The market value of Range Resources Corp is measured differently than its book value, which is the value of Range that is recorded on the company's balance sheet. Investors also form their own opinion of Range Resources' value that differs from its market value or its book value, called intrinsic value, which is Range Resources' 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 Range Resources' market value can be influenced by many factors that don't directly affect Range Resources' 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 Range Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Range Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Range Resources' 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.