Ranger Capital Surpluse vs Good Will Analysis

RNGR Stock  USD 16.83  0.13  0.78%   
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 Capital Surpluse and its Good Will 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 closely tied with the direction of predictive economic indicators such as signals in price.

Capital Surpluse vs Good Will

Capital Surpluse vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranger Energy Services Capital Surpluse account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ranger Energy's Capital Surpluse and Good Will is -0.23. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Good Will 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 Capital Surpluse and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Ranger Energy Services are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Capital Surpluse i.e., Ranger Energy's Capital Surpluse and Good Will go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Surpluse

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 closely tied 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 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 3.81, 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

0.630.830.970.90.80.830.990.480.890.540.980.50.540.940.750.420.890.630.960.970.930.530.940.71-0.69
0.630.320.680.370.120.230.710.980.35-0.080.70.82-0.080.50.110.710.79-0.010.510.740.480.860.430.88-0.51
0.830.320.820.90.890.960.770.170.730.650.760.320.650.890.850.240.770.860.90.830.820.330.890.5-0.57
0.970.680.820.880.790.80.960.560.860.440.960.480.440.930.690.380.870.570.940.990.880.660.910.82-0.71
0.90.370.90.880.880.920.830.240.810.530.820.210.530.960.910.120.750.720.970.870.880.420.970.58-0.48
0.80.120.890.790.880.930.73-0.030.840.680.730.00.680.830.8-0.070.530.810.860.730.780.240.850.42-0.53
0.830.230.960.80.920.930.770.060.740.740.760.210.740.870.860.140.70.910.890.790.830.270.90.44-0.49
0.990.710.770.960.830.730.770.570.860.511.00.570.510.880.640.490.890.570.910.970.910.590.870.76-0.71
0.480.980.170.560.24-0.030.060.570.2-0.290.560.75-0.290.37-0.030.640.67-0.210.380.610.310.870.290.85-0.39
0.890.350.730.860.810.840.740.860.20.620.870.260.620.830.720.240.660.630.860.820.880.250.860.47-0.64
0.54-0.080.650.440.530.680.740.51-0.290.620.510.181.00.460.60.220.410.920.50.450.7-0.220.57-0.02-0.45
0.980.70.760.960.820.730.761.00.560.870.510.570.510.870.620.490.880.560.910.960.90.580.860.75-0.7
0.50.820.320.480.210.00.210.570.750.260.180.570.180.330.070.980.790.180.370.60.440.470.320.52-0.43
0.54-0.080.650.440.530.680.740.51-0.290.621.00.510.180.460.60.220.410.920.50.450.7-0.220.57-0.02-0.45
0.940.50.890.930.960.830.870.880.370.830.460.870.330.460.870.250.830.640.970.930.850.480.980.65-0.62
0.750.110.850.690.910.80.860.64-0.030.720.60.620.070.60.870.020.630.770.830.690.80.10.920.28-0.49
0.420.710.240.380.12-0.070.140.490.640.240.220.490.980.220.250.020.710.180.280.50.380.290.250.36-0.38
0.890.790.770.870.750.530.70.890.670.660.410.880.790.410.830.630.710.540.840.940.820.590.820.72-0.66
0.63-0.010.860.570.720.810.910.57-0.210.630.920.560.180.920.640.770.180.540.670.580.75-0.050.720.13-0.44
0.960.510.90.940.970.860.890.910.380.860.50.910.370.50.970.830.280.840.670.930.90.50.970.66-0.54
0.970.740.830.990.870.730.790.970.610.820.450.960.60.450.930.690.50.940.580.930.880.660.910.81-0.71
0.930.480.820.880.880.780.830.910.310.880.70.90.440.70.850.80.380.820.750.90.880.370.910.56-0.65
0.530.860.330.660.420.240.270.590.870.25-0.220.580.47-0.220.480.10.290.59-0.050.50.660.370.390.97-0.36
0.940.430.890.910.970.850.90.870.290.860.570.860.320.570.980.920.250.820.720.970.910.910.390.57-0.61
0.710.880.50.820.580.420.440.760.850.47-0.020.750.52-0.020.650.280.360.720.130.660.810.560.970.57-0.53
-0.69-0.51-0.57-0.71-0.48-0.53-0.49-0.71-0.39-0.64-0.45-0.7-0.43-0.45-0.62-0.49-0.38-0.66-0.44-0.54-0.71-0.65-0.36-0.61-0.53
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 Debt20.9M12.5M46.3M14.1M8M7.6M
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 Other700K1.8M17.5M19.7M11M7.7M
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

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.