Range Retained Earnings vs Total Assets Analysis

RRC Stock  USD 35.72  0.15  0.42%   
Range Resources financial indicator trend analysis is much more than just breaking down Range Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Range Resources Corp is a good investment. Please check the relationship between Range Resources Retained Earnings and its Total Assets accounts. 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Range Resources Corp Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Range Resources' Retained Earnings and Total Assets is 0.6. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Range Resources Corp, assuming nothing else is changed. The correlation between historical values of Range Resources' Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Range Resources Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Range Resources' Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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.
Most indicators from Range Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 5.70, whereas Selling General Administrative is forecasted to decline to about 111.7 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses184.2M228.4M217.9M208.2M
Cost Of Revenue2.0B2.1B142.4M135.3M

Range Resources fundamental ratios Correlations

0.90.370.590.840.990.890.6-0.191.0-0.190.50.670.93-0.150.54-0.030.950.540.20.090.190.68-0.090.64-0.13
0.90.230.510.630.920.990.66-0.280.91-0.280.460.670.98-0.330.35-0.140.970.350.030.160.130.6-0.090.57-0.1
0.370.230.730.430.380.23-0.110.040.350.040.670.640.220.160.140.270.330.450.410.0-0.020.140.60.680.57
0.590.510.730.40.60.46-0.140.060.560.060.880.80.49-0.240.060.170.630.090.390.170.190.470.690.750.36
0.840.630.430.40.790.620.470.090.840.090.350.460.670.290.750.130.670.790.44-0.090.10.54-0.230.53-0.02
0.990.920.380.60.790.920.6-0.230.99-0.230.510.690.96-0.180.54-0.040.970.530.20.140.230.69-0.080.63-0.11
0.890.990.230.460.620.920.71-0.350.9-0.350.410.630.97-0.340.36-0.170.960.37-0.020.150.140.62-0.120.52-0.13
0.60.66-0.11-0.140.470.60.71-0.660.65-0.66-0.140.070.65-0.320.33-0.440.560.33-0.47-0.2-0.030.34-0.550.01-0.52
-0.19-0.280.040.060.09-0.23-0.35-0.66-0.241.00.190.12-0.270.720.210.57-0.230.160.790.11-0.11-0.30.110.270.6
1.00.910.350.560.840.990.90.65-0.24-0.240.460.640.94-0.170.53-0.060.950.530.150.080.180.69-0.120.6-0.17
-0.19-0.280.040.060.09-0.23-0.35-0.661.0-0.240.190.12-0.270.720.210.57-0.230.160.790.11-0.11-0.30.110.270.6
0.50.460.670.880.350.510.41-0.140.190.460.190.820.4-0.150.12-0.010.520.060.460.02-0.090.210.620.790.57
0.670.670.640.80.460.690.630.070.120.640.120.820.63-0.050.150.130.710.310.420.3-0.080.30.410.950.51
0.930.980.220.490.670.960.970.65-0.270.94-0.270.40.63-0.270.44-0.070.990.430.080.210.220.68-0.140.54-0.18
-0.15-0.330.16-0.240.29-0.18-0.34-0.320.72-0.170.72-0.15-0.05-0.270.490.53-0.290.650.680.09-0.12-0.26-0.270.140.45
0.540.350.140.060.750.540.360.330.210.530.210.120.150.440.490.150.40.790.55-0.080.240.44-0.510.20.01
-0.03-0.140.270.170.13-0.04-0.17-0.440.57-0.060.57-0.010.13-0.070.530.15-0.030.30.570.040.34-0.080.210.280.4
0.950.970.330.630.670.970.960.56-0.230.95-0.230.520.710.99-0.290.4-0.030.40.140.220.230.70.00.62-0.1
0.540.350.450.090.790.530.370.330.160.530.160.060.310.430.650.790.30.40.50.110.080.32-0.370.40.17
0.20.030.410.390.440.2-0.02-0.470.790.150.790.460.420.080.680.550.570.140.50.10.140.090.150.490.61
0.090.160.00.17-0.090.140.15-0.20.110.080.110.020.30.210.09-0.080.040.220.110.10.130.33-0.020.230.1
0.190.13-0.020.190.10.230.14-0.03-0.110.18-0.11-0.09-0.080.22-0.120.240.340.230.080.140.130.54-0.09-0.13-0.24
0.680.60.140.470.540.690.620.34-0.30.69-0.30.210.30.68-0.260.44-0.080.70.320.090.330.54-0.110.16-0.38
-0.09-0.090.60.69-0.23-0.08-0.12-0.550.11-0.120.110.620.41-0.14-0.27-0.510.210.0-0.370.15-0.02-0.09-0.110.390.46
0.640.570.680.750.530.630.520.010.270.60.270.790.950.540.140.20.280.620.40.490.23-0.130.160.390.59
-0.13-0.10.570.36-0.02-0.11-0.13-0.520.6-0.170.60.570.51-0.180.450.010.4-0.10.170.610.1-0.24-0.380.460.59
Click cells to compare fundamentals

Range Resources Account Relationship Matchups

Range Resources fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.1B6.7B6.6B7.2B4.2B
Short Long Term Debt Total3.2B3.1B2.9B1.9B1.8B1.6B
Other Current Liab395.7M529.1M253.9M962.0M461.4M484.4M
Total Current Liabilities551.0M673.4M984.4M1.2B583.1M359.8M
Total Stockholder Equity2.3B1.6B2.1B2.9B3.8B4.0B
Property Plant And Equipment Net6.1B5.8B5.8B6.0B6.1B3.8B
Net Debt3.2B3.1B2.5B1.9B1.6B1.6B
Retained Earnings2.4B1.7B(3.6B)(2.5B)(1.7B)(1.6B)
Cash546K458K214.4M207K212.0M222.6M
Non Current Assets Total6.3B5.9B5.9B6.1B6.3B4.0B
Cash And Short Term Investments546K458K214.4M207K212.0M222.6M
Net Receivables272.9M252.6M501.3M505.6M282.7M154.2M
Common Stock Shares Outstanding248.0M241.4M249.3M246.4M239.8M132.5M
Liabilities And Stockholders Equity6.6B6.1B6.7B6.6B7.2B4.2B
Non Current Liabilities Total3.7B3.8B3.6B2.6B2.9B2.2B
Inventory23.0M17.5M1.0(35.2M)359.5M377.5M
Other Current Assets17.5M36.7M50.5M32.9M375.5M394.3M
Other Stockholder Equity(9.8M)5.7B3.6B2.0B5.4B5.7B
Total Liab4.3B4.5B4.6B3.7B3.4B2.5B
Property Plant And Equipment Gross6.1B5.8B74.7M6.0B11.3B11.9B
Total Current Assets291.0M266.5M730.9M538.7M870.1M913.6M
Accumulated Other Comprehensive Income(788K)(479K)(150K)467K647K679.4K
Non Currrent Assets Other202.7M115.9M130.6M110.0M180.9M95.5M
Short Term Debt27.9M45.4M218.0M67.5M11.6M11.0M
Accounts Payable155.3M132.4M178.4M206.7M110.1M150.1M
Common Stock2.5M1.7B2.1B3.3B2.7M2.5M
Common Stock Total Equity2.5M2.5M2.6M2.6M3.0M1.7M
Other Assets66.5M5.8B124.9M109.1M125.4M119.2M
Long Term Debt464.3M693.1M2.7B1.8B1.8B2.0B
Property Plant Equipment5.4M4.2M5.8B6.0B6.9B7.2B
Other Liab484.4M709.2M689.7M866.0M995.9M521.0M
Treasury Stock(391K)(7.2M)(30.1M)(30.0M)(27.0M)(25.7M)
Net Tangible Assets2.3B1.6B2.1B2.9B3.3B3.1B
Retained Earnings Total Equity(1.6B)(3.3B)(4.0B)(3.6B)(3.2B)(3.1B)
Long Term Debt Total464.3M693.1M2.7B1.8B1.7B1.5B
Capital Surpluse5.7B5.7B5.7B5.8B6.6B4.5B
Deferred Long Term Liab737.7M225.2M226.5M263.0M236.7M469.2M
Long Term Investments4.8M706K16.7M38.6M34.7M49.0M

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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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.