Ranger Energy Services, Inc. financial data

Symbol
RNGR on NYSE
Industry
Oil & Gas Field Services, NEC
Location
10350 Richmond Avenue, Suite 550, Houston, Texas
State of incorporation
Texas
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 199 % +23.5%
Quick Ratio 10.5 % +69.4%
Debt-to-equity 37.1 % -24.6%
Return On Equity 5.98 % +35.3%
Return On Assets 4.5 % -35.3%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 147 M USD +0.27%
Weighted Average Number of Shares Outstanding, Basic 22.7 M shares -8.83%
Weighted Average Number of Shares Outstanding, Diluted 22.9 M shares -9.08%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 137 M USD -13.1%
Revenue from Contract with Customer, Excluding Assessed Tax 616 M USD -4.11%
General and Administrative Expense 27.8 M USD -27%
Costs and Expenses 589 M USD -3.21%
Operating Income (Loss) 27.2 M USD -20.2%
Nonoperating Income (Expense) -5.5 M USD -96.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 21.7 M USD -30.7%
Income Tax Expense (Benefit) 4.9 M USD +14%
Net Income (Loss) Attributable to Parent 16.8 M USD -37.8%
Earnings Per Share, Basic 0.68 USD/shares -44.3%
Earnings Per Share, Diluted 0.67 USD/shares -44.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 11.1 M USD -22.9%
Accounts Receivable, after Allowance for Credit Loss, Current 70.6 M USD -10.1%
Inventory, Net 6.4 M USD -1.54%
Assets, Current 117 M USD -17%
Property, Plant and Equipment, Net 226 M USD +14.9%
Operating Lease, Right-of-Use Asset 8.9 M USD -16%
Other Assets, Noncurrent 900 K USD +800%
Assets 356 M USD -5.33%
Accounts Payable, Current 21.7 M USD -21.4%
Employee-related Liabilities, Current 10 M USD +14.9%
Accrued Liabilities, Current 27 M USD +13.4%
Liabilities, Current 58 M USD -13.7%
Deferred Income Tax Liabilities, Net 10.8 M USD
Operating Lease, Liability, Noncurrent 6.8 M USD -24.4%
Other Liabilities, Noncurrent 14.3 M USD +85.7%
Liabilities 93.8 M USD -9.2%
Retained Earnings (Accumulated Deficit) 26.5 M USD +97.8%
Stockholders' Equity Attributable to Parent 262 M USD -3.86%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 266 M USD +7.04%
Liabilities and Equity 356 M USD -5.33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 12 M USD -31%
Net Cash Provided by (Used in) Financing Activities -10.9 M USD -94.6%
Net Cash Provided by (Used in) Investing Activities -5.7 M USD -418%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.6 M USD -143%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 11.1 M USD -22.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 400 K USD +33.3%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 9.6 M USD -15%
Depreciation 40.4 M USD -4.04%
Payments to Acquire Property, Plant, and Equipment 6.5 M USD +20.4%
Lessee, Operating Lease, Liability, to be Paid 11 M USD -18.5%
Operating Lease, Liability, Current 2.8 M USD +21.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -500 K USD -126%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.4 M USD -36.4%
Deferred Tax Assets, Operating Loss Carryforwards 12.9 M USD -19.4%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 5.6 M USD +2700%
Preferred Stock, Shares Authorized 50 M shares 0%
Operating Lease, Payments 3.1 M USD 0%
Additional Paid in Capital 267 M USD +1.45%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 200 K USD -60%
Current Federal Tax Expense (Benefit) 100 K USD
Amortization of Intangible Assets 700 K USD 0%
Depreciation, Depletion and Amortization 41.1 M USD -3.97%
Deferred Tax Assets, Net of Valuation Allowance 18.4 M USD -8%
Deferred State and Local Income Tax Expense (Benefit) 1.3 M USD +550%
Interest Expense 3.1 M USD -51.6%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%