Ranger Change To Inventory from 2010 to 2024

RNGR Stock  USD 14.93  0.48  3.11%   
Ranger Energy Change To Inventory yearly trend continues to be relatively stable with very little volatility. Change To Inventory is likely to drop to about -945 K. Change To Inventory is the increase or decrease in the amount of inventory Ranger Energy Services has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2015-12-31
Previous Quarter
-100 K
Current Value
700 K
Quarterly Volatility
2.5 M
 
Yuan Drop
 
Covid
Check Ranger Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ranger Energy's main balance sheet or income statement drivers, such as Interest Income of 3.7 M, Depreciation And Amortization of 30.3 M or Interest Expense of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0104 or PTB Ratio of 0.92. Ranger financial statements analysis is a perfect complement when working with Ranger Energy Valuation or Volatility modules.
  
Check out the analysis of Ranger Energy Correlation against competitors.

Latest Ranger Energy's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Ranger Energy Services over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Ranger Energy's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ranger Energy's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Ranger Change To Inventory Regression Statistics

Arithmetic Mean(249,667)
Geometric Mean1,247,063
Coefficient Of Variation(761.90)
Mean Deviation1,579,600
Median900,000
Standard Deviation1,902,217
Sample Variance3.6T
Range6.1M
R-Value(0.33)
Mean Square Error3.5T
R-Squared0.11
Significance0.23
Slope(139,696)
Total Sum of Squares50.7T

Ranger Change To Inventory History

2024-945 K
2023-900 K
20212.7 M
2020400 K
20191.1 M
2017-1.3 M
2016-3.4 M

About Ranger Energy Financial Statements

Ranger Energy shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Ranger Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Ranger Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ranger Energy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Inventory-900 K-945 K

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.