Ranger Common Stock vs Net Debt Analysis

RNGR Stock

USD 16.50 0.33 1.96%

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 Common Stock and its Net Debt 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.

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranger Energy Services Common Stock account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Ranger Energy's Common Stock and Net Debt is -0.39. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Debt 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 Common Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Ranger Energy Services are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock i.e., Ranger Energy's Common Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Common Stock

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 11/26/2024, 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 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	0.83	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	0.71	-0.69
Short Long Term Debt Total	0.63		0.32	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	0.88	-0.51
Other Current Liab	0.83	0.32		0.82	0.9	0.89	0.96	0.77	0.17	0.73	0.65	0.76	0.32	0.65	0.89	0.85	0.24	0.77	0.86	0.9	0.83	0.82	0.33	0.89	0.5	-0.57
Total Current Liabilities	0.97	0.68	0.82		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	0.82	-0.71
Total Stockholder Equity	0.9	0.37	0.9	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	0.58	-0.48
Other Liab	0.8	0.12	0.89	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	0.42	-0.53
Net Tangible Assets	0.83	0.23	0.96	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	0.44	-0.49
Property Plant And Equipment Net	0.99	0.71	0.77	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	0.17	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	0.85	-0.39
Accounts Payable	0.89	0.35	0.73	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	0.47	-0.64
Cash	0.54	-0.08	0.65	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	-0.02	-0.45
Non Current Assets Total	0.98	0.7	0.76	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	0.32	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	0.52	-0.43
Cash And Short Term Investments	0.54	-0.08	0.65	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	-0.02	-0.45
Net Receivables	0.94	0.5	0.89	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	0.65	-0.62
Common Stock Shares Outstanding	0.75	0.11	0.85	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	0.28	-0.49
Long Term Debt Total	0.42	0.71	0.24	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	0.36	-0.38
Non Current Liabilities Total	0.89	0.79	0.77	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	0.72	-0.66
Other Current Assets	0.63	-0.01	0.86	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	0.13	-0.44
Other Stockholder Equity	0.96	0.51	0.9	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	0.66	-0.54
Total Liab	0.97	0.74	0.83	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	0.81	-0.71
Property Plant And Equipment Gross	0.93	0.48	0.82	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	0.56	-0.65
Short Long Term Debt	0.53	0.86	0.33	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	0.97	-0.36
Total Current Assets	0.94	0.43	0.89	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		0.57	-0.61
Short Term Debt	0.71	0.88	0.5	0.82	0.58	0.42	0.44	0.76	0.85	0.47	-0.02	0.75	0.52	-0.02	0.65	0.28	0.36	0.72	0.13	0.66	0.81	0.56	0.97	0.57		-0.53
Common Stock	-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

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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	46.3M	14.1M	8M	7.6M
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	11M	7.7M
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

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.

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Ranger Common Stock vs Net Debt Analysis

Common Stock vs Net Debt

Common Stock vs Net Debt Correlation Analysis

Correlation Coefficient

Common Stock

Net Debt

Ranger Energy fundamental ratios Correlations

Ranger Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ranger Energy fundamental ratios Accounts

Additional Tools for Ranger Stock Analysis

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