Range Historical Balance Sheet
RRC Stock | USD 35.74 0.15 0.42% |
Trend analysis of Range Resources Corp balance sheet accounts such as Total Stockholder Equity of 4 B, Property Plant And Equipment Net of 3.8 B, Net Debt of 1.6 B or Cash of 222.6 M provides information on Range Resources' total assets, liabilities, and equity, which is the actual value of Range Resources Corp to its prevalent stockholders. By breaking down trends over time using Range Resources balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Range Resources Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Range Resources Corp is a good buy for the upcoming year.
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About Range Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Range Resources Corp at a specified time, usually calculated after every quarter, six months, or one year. Range Resources Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Range Resources and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Range currently owns. An asset can also be divided into two categories, current and non-current.
Range Resources Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Range Resources assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Range Resources Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Range Resources balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Range Resources Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Range Resources' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Range Resources Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Range Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Range Resources' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 222.6 M, whereas Total Assets are forecasted to decline to about 4.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.9B | 1.9B | 1.8B | 1.6B | Total Assets | 6.7B | 6.6B | 7.2B | 4.2B |
Range Resources balance sheet Correlations
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Range Resources Account Relationship Matchups
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Range Resources balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 6.1B | 6.7B | 6.6B | 7.2B | 4.2B | |
Short Long Term Debt Total | 3.2B | 3.1B | 2.9B | 1.9B | 1.8B | 1.6B | |
Other Current Liab | 395.7M | 529.1M | 253.9M | 962.0M | 473.0M | 496.6M | |
Total Current Liabilities | 551.0M | 673.4M | 984.4M | 1.2B | 583.1M | 359.8M | |
Total Stockholder Equity | 2.3B | 1.6B | 2.1B | 2.9B | 3.8B | 4.0B | |
Property Plant And Equipment Net | 6.1B | 5.8B | 5.8B | 6.0B | 6.1B | 3.8B | |
Net Debt | 3.2B | 3.1B | 2.5B | 1.9B | 1.6B | 1.6B | |
Retained Earnings | 2.4B | 1.7B | (3.6B) | (2.5B) | (1.7B) | (1.6B) | |
Cash | 546K | 458K | 214.4M | 207K | 212.0M | 222.6M | |
Non Current Assets Total | 6.3B | 5.9B | 5.9B | 6.1B | 6.3B | 4.0B | |
Cash And Short Term Investments | 546K | 458K | 214.4M | 207K | 212.0M | 222.6M | |
Net Receivables | 272.9M | 252.6M | 501.3M | 505.6M | 282.7M | 154.2M | |
Common Stock Shares Outstanding | 248.0M | 241.4M | 249.3M | 246.4M | 239.8M | 132.5M | |
Liabilities And Stockholders Equity | 6.6B | 6.1B | 6.7B | 6.6B | 7.2B | 4.2B | |
Non Current Liabilities Total | 3.7B | 3.8B | 3.6B | 2.6B | 2.9B | 2.2B | |
Inventory | 23.0M | 17.5M | 1.0 | (35.2M) | 359.5M | 377.5M | |
Other Current Assets | 17.5M | 36.7M | 50.5M | 32.9M | 375.5M | 394.3M | |
Other Stockholder Equity | (9.8M) | 5.7B | 3.6B | 2.0B | 5.4B | 5.7B | |
Total Liab | 4.3B | 4.5B | 4.6B | 3.7B | 3.4B | 2.5B | |
Property Plant And Equipment Gross | 6.1B | 5.8B | 74.7M | 6.0B | 11.3B | 11.9B | |
Total Current Assets | 291.0M | 266.5M | 730.9M | 538.7M | 870.1M | 913.6M | |
Accumulated Other Comprehensive Income | (788K) | (479K) | (150K) | 467K | 647K | 679.4K | |
Non Currrent Assets Other | 202.7M | 115.9M | 130.6M | 110.0M | 180.9M | 95.5M | |
Short Term Debt | 27.9M | 45.4M | 218.0M | 67.5M | 11.6M | 11.0M | |
Accounts Payable | 155.3M | 132.4M | 178.4M | 206.7M | 110.1M | 150.1M | |
Common Stock | 2.5M | 1.7B | 2.1B | 3.3B | 2.7M | 2.5M | |
Common Stock Total Equity | 2.5M | 2.5M | 2.6M | 2.6M | 3.0M | 1.7M | |
Other Assets | 66.5M | 5.8B | 124.9M | 109.1M | 125.4M | 119.2M | |
Long Term Debt | 464.3M | 693.1M | 2.7B | 1.8B | 1.8B | 2.0B | |
Property Plant Equipment | 5.4M | 4.2M | 5.8B | 6.0B | 6.9B | 7.2B | |
Other Liab | 484.4M | 709.2M | 689.7M | 866.0M | 995.9M | 521.0M | |
Treasury Stock | (391K) | (7.2M) | (30.1M) | (30.0M) | (27.0M) | (25.7M) | |
Net Tangible Assets | 2.3B | 1.6B | 2.1B | 2.9B | 3.3B | 3.1B | |
Retained Earnings Total Equity | (1.6B) | (3.3B) | (4.0B) | (3.6B) | (3.2B) | (3.1B) | |
Long Term Debt Total | 464.3M | 693.1M | 2.7B | 1.8B | 1.7B | 1.5B | |
Capital Surpluse | 5.7B | 5.7B | 5.7B | 5.8B | 6.6B | 4.5B | |
Deferred Long Term Liab | 737.7M | 225.2M | 226.5M | 263.0M | 236.7M | 469.2M | |
Long Term Investments | 4.8M | 706K | 16.7M | 38.6M | 34.7M | 49.0M |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Range Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.