Ranger Depreciation vs Change In Cash Analysis

RNGR Stock  USD 11.09  1.53  12.12%   
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 Depreciation and its Change In Cash 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.

Depreciation vs Change In Cash

Depreciation vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranger Energy Services Depreciation account and Change In Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ranger Energy's Depreciation and Change In Cash is 0.52. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change In Cash 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 Depreciation and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Ranger Energy Services are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Depreciation i.e., Ranger Energy's Depreciation and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of Ranger Energy Services value has been used up. For tax purposes Ranger Energy can deduct the cost of the tangible assets it purchases as business expenses. However, Ranger Energy Services must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Change In Cash

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 Selling General Administrative is relatively stable compared to the past year. As of 04/30/2025, Tax Provision is likely to grow to about 8 M, while Sales General And Administrative To Revenue is likely to drop 0.05.
 2024 2025 (projected)
Depreciation And Amortization44.1M32.1M
Interest Income6.7M3.7M

Ranger Energy fundamental ratios Correlations

0.540.910.970.910.820.850.980.180.90.490.980.450.490.940.780.380.90.910.710.910.970.910.440.940.7
0.540.390.630.270.070.160.640.880.29-0.190.640.82-0.190.420.020.710.690.340.040.440.670.310.860.310.83
0.910.390.880.970.810.910.840.050.770.520.820.330.520.950.910.250.880.830.820.90.910.910.370.970.54
0.970.630.880.870.810.810.960.30.870.390.960.450.390.930.70.350.870.80.640.910.990.840.60.890.83
0.910.270.970.870.90.940.83-0.060.820.540.820.160.540.960.930.080.780.850.830.870.870.90.30.980.5
0.820.070.810.810.90.930.75-0.270.850.680.75-0.020.680.860.82-0.080.590.720.70.820.760.810.180.870.49
0.850.160.910.810.940.930.78-0.230.760.750.770.180.750.890.880.110.750.790.770.820.810.860.20.920.46
0.980.640.840.960.830.750.780.290.860.431.00.540.430.890.660.460.90.860.630.870.970.870.520.860.78
0.180.880.050.3-0.06-0.27-0.230.29-0.03-0.630.30.6-0.630.11-0.270.50.330.0-0.20.120.32-0.090.8-0.040.61
0.90.290.770.870.820.850.760.86-0.030.510.870.230.510.850.760.210.70.870.730.840.830.870.180.870.53
0.49-0.190.520.390.540.680.750.43-0.630.510.420.111.00.450.580.140.430.530.470.450.410.67-0.250.570.08
0.980.640.820.960.820.750.771.00.30.870.420.540.420.880.650.460.880.870.610.850.960.860.520.850.78
0.450.820.330.450.16-0.020.180.540.60.230.110.540.110.290.030.980.730.430.070.290.560.330.470.260.53
0.49-0.190.520.390.540.680.750.43-0.630.511.00.420.110.450.580.140.430.530.470.450.410.67-0.250.570.08
0.940.420.950.930.960.860.890.890.110.850.450.880.290.450.880.220.850.850.750.930.930.850.40.970.61
0.780.020.910.70.930.820.880.66-0.270.760.580.650.030.580.88-0.010.680.80.890.830.710.850.010.940.22
0.380.710.250.350.08-0.080.110.460.50.210.140.460.980.140.22-0.010.660.430.050.20.470.280.30.20.4
0.90.690.880.870.780.590.750.90.330.70.430.880.730.430.850.680.660.830.60.820.940.820.50.840.66
0.910.340.830.80.850.720.790.860.00.870.530.870.430.530.850.80.430.830.790.740.830.880.110.890.4
0.710.040.820.640.830.70.770.63-0.20.730.470.610.070.470.750.890.050.60.790.690.640.820.00.820.19
0.910.440.90.910.870.820.820.870.120.840.450.850.290.450.930.830.20.820.740.690.910.850.420.920.64
0.970.670.910.990.870.760.810.970.320.830.410.960.560.410.930.710.470.940.830.640.910.860.580.90.79
0.910.310.910.840.90.810.860.87-0.090.870.670.860.330.670.850.850.280.820.880.820.850.860.210.930.47
0.440.860.370.60.30.180.20.520.80.18-0.250.520.47-0.250.40.010.30.50.110.00.420.580.210.260.88
0.940.310.970.890.980.870.920.86-0.040.870.570.850.260.570.970.940.20.840.890.820.920.90.930.260.5
0.70.830.540.830.50.490.460.780.610.530.080.780.530.080.610.220.40.660.40.190.640.790.470.880.5
Click cells to compare fundamentals

Ranger Energy Account Relationship Matchups

Ranger Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets293.5M240.6M393.1M381.6M378M310.2M
Short Long Term Debt Total33.5M68.3M28M14.9M14.1M13.4M
Other Current Liab9M33.6M34M37.7M35.8M20.9M
Total Current Liabilities33M102.7M74.5M69M65.2M58.1M
Other Liab700K1.8M5M4.7M5.4M5.7M
Net Tangible Assets103.9M101.9M240.8M259.1M298.0M312.9M
Property Plant And Equipment Net195.2M277.4M232.8M235.3M231.3M216.4M
Net Debt30.7M67.7M24.3M(800K)(26.8M)(25.5M)
Accounts Payable10.5M20.7M24.3M31.3M27.2M20.1M
Cash2.8M600K3.7M15.7M40.9M42.9M
Non Current Assets Total204.9M287.9M241.5M242.6M237.7M226.9M
Long Term Debt26.6M14.5M18.4M11.6M13.3M19.2M
Cash And Short Term Investments2.8M600K3.7M15.7M40.9M42.9M
Net Receivables27M93.8M118.1M85.4M85.1M61.1M
Common Stock Shares Outstanding8.5M13.6M23.4M25.0M22.9M14.6M
Liabilities And Stockholders Equity293.5M240.6M393.1M381.6M378M310.2M
Non Current Liabilities Total22.8M41.7M40.9M37.2M42.6M33.4M
Inventory2.3M2.5M5.9M6.4M5.7M4.2M
Other Current Assets3.6M8.3M12.4M27.9M12.2M9.5M
Other Stockholder Equity120.1M256.4M258.8M243.1M231.3M147.6M
Total Liab55.8M144.4M115.4M106.2M107.8M91.5M
Property Plant And Equipment Gross189M277.4M232.8M431.9M460.3M262.6M
Short Long Term Debt10M44.1M6.8M100K115K109.3K
Total Current Assets35.7M105.2M140.1M135.4M143.9M83.3M
Short Term Debt12.5M46.3M14.1M8M9.2M18.3M
Property Plant Equipment225.4M195.2M277.4M232.8M267.7M206.4M
Non Currrent Assets Other1.6M100K1.2M2.7M800K1.2M
Capital Lease Obligations9M5.8M9.6M33.8M22.8M14.1M
Non Current Liabilities Other1.8M17.5M19.7M11M10.3M8.1M
Intangible Assets8.5M7.8M7.1M6.3M5.6M6.6M
Current Deferred Revenue18.4M9.3M30.3M1.7M2.0M1.9M
Retained Earnings(18.4M)(8M)7.1M28.4M42.2M44.3M

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.