Debt to Book Value: Ranger Energy Services Inc (RNGR)
The historical price action of Ranger Energy Services (RNGR) demonstrates a dependence on US shale capital expenditures, as the business focuses on midstream services. The current indicator is 0.17. Ranger Energy Services (RNGR) earned its status as a trusted counterparty through its safety record and advanced equipment. Resilience in this cyclical niche is ensured by the ownership of modern mobile rigs and long-term agreements with the market's largest players.
%20Debt%20to%20Net%20Assets%20Ratio&width=1200&height=400&colorIndex=0&v=mvrk6wqv.ssk-7as46ww&start=20220704&end=20261028&filename=GURU_Markets_-_RNGR_-_Ranger-Energy-Services_-_Debt-to-Net-Assets-Ratio "Debts to Book Capitalization: Ranger Energy Corp (RNGR) for 07/04/2022 - 10/28/2026 | 👁️GURU.Markets👁️")
Summary analytical data breakdowns for Ranger Energy Services Inc (RNGR)
Amidst a technological lull and a focus on scheduled Ranger Live software, the financial stability of Ranger Energy Services (RNGR) is determined by the efficiency of its debt management. This indicator measures the share of total liabilities within the balance sheet capital structure, allowing for an assessment of the company's dependence on external financing in the absence of breakthrough investments. Analyzing the current ratio of debt to balance sheet capital helps investors determine the balance between the security of low leverage and the risk of underutilizing financial leverage.