Ranger Short Term Debt vs Property Plant Equipment Analysis

RNGR Stock  USD 16.81  0.43  2.49%   
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 Short Term Debt and its Property Plant Equipment 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.

Short Term Debt vs Property Plant Equipment

Short Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ranger Energy Services Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ranger Energy's Short Term Debt and Property Plant Equipment is 0.74. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Ranger Energy Services are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Ranger Energy's Short Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Property Plant Equipment

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 Tax Provision is relatively stable compared to the past year. As of 02/26/2025, Enterprise Value Over EBITDA is likely to grow to 3.43, while Selling General Administrative is likely to drop slightly above 27.9 M.
 2024 2025 (projected)
Depreciation And Amortization45.9M30.3M
Interest Income6.7M3.7M

Ranger Energy fundamental ratios Correlations

0.540.840.970.910.830.860.990.330.910.620.980.430.620.950.740.360.90.680.960.970.860.420.90.67-0.7
0.540.230.620.270.10.20.630.960.26-0.110.630.83-0.110.42-0.030.720.72-0.060.420.670.230.860.250.85-0.48
0.840.230.820.890.90.970.780.010.770.760.770.260.760.880.940.20.780.90.90.830.920.20.970.5-0.58
0.970.620.820.880.820.830.960.430.870.520.960.430.520.940.670.340.880.610.940.990.80.570.860.79-0.72
0.910.270.890.880.880.930.840.070.860.640.830.150.640.960.840.070.780.770.980.870.830.280.920.5-0.51
0.830.10.90.820.880.930.77-0.10.850.710.77-0.020.710.860.88-0.080.580.810.870.760.860.180.920.48-0.55
0.860.20.970.830.930.930.8-0.030.780.780.790.180.780.90.950.110.740.90.910.820.920.20.980.5-0.52
0.990.630.780.960.840.770.80.430.870.571.00.520.570.890.660.440.90.620.920.970.830.490.850.73-0.72
0.330.960.010.430.07-0.1-0.030.430.05-0.380.430.74-0.380.24-0.270.630.54-0.310.220.48-0.030.870.010.77-0.32
0.910.260.770.870.860.850.780.870.050.690.870.20.690.850.730.180.70.70.890.830.830.140.840.42-0.65
0.62-0.110.760.520.640.710.780.57-0.380.690.560.121.00.550.880.160.490.950.60.520.91-0.270.80.08-0.46
0.980.630.770.960.830.770.791.00.430.870.560.520.560.880.640.440.890.60.910.960.820.490.840.73-0.71
0.430.830.260.430.15-0.020.180.520.740.20.120.520.120.280.080.980.720.120.30.540.330.470.270.55-0.41
0.62-0.110.760.520.640.710.780.57-0.380.691.00.560.120.550.880.160.490.950.60.520.91-0.270.80.08-0.46
0.950.420.880.940.960.860.90.890.240.850.550.880.280.550.790.210.850.680.980.940.790.380.920.61-0.63
0.74-0.030.940.670.840.880.950.66-0.270.730.880.640.080.880.790.070.630.960.790.680.91-0.080.950.24-0.51
0.360.720.20.340.07-0.080.110.440.630.180.160.440.980.160.210.070.650.120.220.450.30.30.230.4-0.36
0.90.720.780.880.780.580.740.90.540.70.490.890.720.490.850.630.650.590.850.940.750.50.80.7-0.67
0.68-0.060.90.610.770.810.90.62-0.310.70.950.60.120.950.680.960.120.590.720.620.94-0.140.90.19-0.46
0.960.420.90.940.980.870.910.920.220.890.60.910.30.60.980.790.220.850.720.940.840.380.920.61-0.56
0.970.670.830.990.870.760.820.970.480.830.520.960.540.520.940.680.450.940.620.940.80.560.860.78-0.72
0.860.230.920.80.830.860.920.83-0.030.830.910.820.330.910.790.910.30.750.940.840.80.110.940.44-0.62
0.420.860.20.570.280.180.20.490.870.14-0.270.490.47-0.270.38-0.080.30.5-0.140.380.560.110.170.92-0.32
0.90.250.970.860.920.920.980.850.010.840.80.840.270.80.920.950.230.80.90.920.860.940.170.49-0.62
0.670.850.50.790.50.480.50.730.770.420.080.730.550.080.610.240.40.70.190.610.780.440.920.49-0.55
-0.7-0.48-0.58-0.72-0.51-0.55-0.52-0.72-0.32-0.65-0.46-0.71-0.41-0.46-0.63-0.51-0.36-0.67-0.46-0.56-0.72-0.62-0.32-0.62-0.55
Click cells to compare fundamentals

Ranger Energy Account Relationship Matchups

Ranger Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets240.6M393.1M381.6M378M434.7M298.1M
Short Long Term Debt Total33.5M68.3M28M14.9M17.1M16.3M
Other Current Liab9M33.6M34M37.7M43.4M45.5M
Total Current Liabilities33M102.7M74.5M69M79.4M56.6M
Other Liab700K1.8M5M4.7M5.4M5.7M
Net Tangible Assets103.9M101.9M240.8M259.1M298.0M312.9M
Property Plant And Equipment Net195.2M277.4M232.8M235.3M270.6M212.2M
Net Debt30.7M67.7M24.3M(800K)(920K)(874K)
Accounts Payable10.5M20.7M24.3M31.3M36.0M19.4M
Cash2.8M600K3.7M15.7M18.1M19.0M
Non Current Assets Total204.9M287.9M241.5M242.6M279.0M223.1M
Long Term Debt26.6M14.5M18.4M11.6M13.3M19.2M
Cash And Short Term Investments2.8M600K3.7M15.7M18.1M19.0M
Net Receivables27M93.8M118.1M85.4M98.2M57.5M
Common Stock Shares Outstanding8.5M13.6M23.4M25.0M28.7M30.2M
Liabilities And Stockholders Equity240.6M393.1M381.6M378M434.7M298.1M
Non Current Liabilities Total22.8M41.7M40.9M37.2M42.8M31.9M
Other Current Assets3.6M8.3M12.4M27.9M32.1M33.7M
Other Stockholder Equity120.1M256.4M258.8M243.1M279.6M178.8M
Total Liab55.8M144.4M115.4M106.2M122.1M88.4M
Property Plant And Equipment Gross189M277.4M232.8M431.9M496.7M521.5M
Short Long Term Debt10M44.1M6.8M100K115K109.3K
Total Current Assets35.7M105.2M140.1M135.4M155.7M163.5M
Short Term Debt12.5M46.3M14.1M8M9.2M16.7M
Property Plant Equipment225.4M195.2M277.4M232.8M267.7M206.4M
Non Currrent Assets Other1.6M100K1.2M2.7M1.2M1.3M
Capital Lease Obligations9M5.8M9.6M33.8M38.9M40.8M
Inventory2.3M2.5M5.9M6.4M7.4M4.5M
Non Current Liabilities Other1.8M17.5M19.7M11M12.7M7.7M
Intangible Assets8.5M7.8M7.1M6.3M5.7M6.9M
Current Deferred Revenue18.4M9.3M30.3M1.7M2.0M1.9M
Retained Earnings(18.4M)(8M)7.1M28.4M32.7M34.3M

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.