Ranger Energy Services Inc (RNGR) - Net Assets
Based on the latest financial reports, Ranger Energy Services Inc (RNGR) has net assets worth $270.00 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($372.80 Million) and total liabilities ($102.80 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check RNGR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $270.00 Million |
| % of Total Assets | 72.42% |
| Annual Growth Rate | 23.72% |
| 5-Year Change | 48.16% |
| 10-Year Change | N/A |
| Growth Volatility | 57.24 |
Ranger Energy Services Inc - Net Assets Trend (2015–2024)
This chart illustrates how Ranger Energy Services Inc's net assets have evolved over time, based on quarterly financial data. Also explore RNGR asset base for the complete picture of this company's asset base.
Annual Net Assets for Ranger Energy Services Inc (2015–2024)
The table below shows the annual net assets of Ranger Energy Services Inc from 2015 to 2024. For live valuation and market cap data, see Ranger Energy Services Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $273.80 Million | +0.74% |
| 2023-12-31 | $271.80 Million | +2.10% |
| 2022-12-31 | $266.20 Million | +7.04% |
| 2021-12-31 | $248.70 Million | +34.58% |
| 2020-12-31 | $184.80 Million | -8.97% |
| 2019-12-31 | $203.00 Million | +5.73% |
| 2018-12-31 | $192.00 Million | -1.89% |
| 2017-12-31 | $195.70 Million | +73.80% |
| 2016-12-31 | $112.60 Million | +179.40% |
| 2015-12-31 | $40.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ranger Energy Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4220000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $42.20 Million | 15.41% |
| Common Stock | $300.00K | 0.11% |
| Other Components | $231.30 Million | 84.48% |
| Total Equity | $273.80 Million | 100.00% |
Ranger Energy Services Inc Competitors by Market Cap
The table below lists competitors of Ranger Energy Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WinMate Communication INC
TW:3416
|
$399.11 Million |
|
Molinos Rio de la Plata SA
BA:MOLI
|
$399.13 Million |
|
Bangyan Technology Co. Ltd. A
SHG:688132
|
$399.17 Million |
|
PGIM Short Duration High Yield Opportunities Fund
NYSE:SDHY
|
$399.21 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
$398.96 Million |
|
Shanthi Gears Limited
NSE:SHANTIGEAR
|
$398.94 Million |
|
Burstone Group Limited
JSE:BTN
|
$398.89 Million |
|
Optiemus Infracom Limited
NSE:OPTIEMUS
|
$398.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ranger Energy Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 271,800,000 to 273,800,000, a change of 2,000,000 (0.7%).
- Net income of 18,400,000 contributed positively to equity growth.
- Dividend payments of 4,500,000 reduced retained earnings.
- Share repurchases of 15,500,000 reduced equity.
- Other factors increased equity by 3,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.40 Million | +6.72% |
| Dividends Paid | $4.50 Million | -1.64% |
| Share Repurchases | $15.50 Million | -5.66% |
| Other Changes | $3.60 Million | +1.31% |
| Total Change | $- | 0.74% |
Book Value vs Market Value Analysis
This analysis compares Ranger Energy Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.89x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $5.94 | $17.15 | x |
| 2016-12-31 | $16.59 | $17.15 | x |
| 2017-12-31 | $12.33 | $17.15 | x |
| 2018-12-31 | $12.09 | $17.15 | x |
| 2019-12-31 | $13.11 | $17.15 | x |
| 2020-12-31 | $11.94 | $17.15 | x |
| 2021-12-31 | $18.35 | $17.15 | x |
| 2022-12-31 | $11.39 | $17.15 | x |
| 2023-12-31 | $10.88 | $17.15 | x |
| 2024-12-31 | $11.98 | $17.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ranger Energy Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.22%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.39x
- Recent ROE (6.72%) is above the historical average (-2.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -16.63% | -31.60% | 0.39x | 1.34x | $-10.73 Million |
| 2016 | -4.44% | -9.47% | 0.39x | 1.21x | $-16.26 Million |
| 2017 | -6.36% | -4.29% | 0.59x | 2.50x | $-16.97 Million |
| 2018 | -3.24% | -1.09% | 1.00x | 2.97x | $-13.49 Million |
| 2019 | 3.89% | 1.31% | 1.15x | 2.59x | $-6.92 Million |
| 2020 | -15.51% | -8.41% | 0.78x | 2.36x | $-25.99 Million |
| 2021 | -0.84% | -0.72% | 0.75x | 1.58x | $-26.97 Million |
| 2022 | 5.67% | 2.48% | 1.59x | 1.43x | $-11.52 Million |
| 2023 | 8.76% | 3.74% | 1.68x | 1.39x | $-3.38 Million |
| 2024 | 6.72% | 3.22% | 1.50x | 1.39x | $-8.98 Million |
Industry Comparison
This section compares Ranger Energy Services Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $4,027,366,900
- Average return on equity (ROE) among peers: 0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ranger Energy Services Inc (RNGR) | $270.00 Million | -16.63% | 0.38x | $399.04 Million |
| ProFrac Holding Corp. (ACDC) | $176.81 Million | -1.24% | 2.26x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $338.70 Million | 1.26% | 0.61x | $1.64 Billion |
| Archrock Inc (AROC) | $722.86 Million | 4.64% | 1.69x | $6.33 Billion |
| Baker Hughes Co (BKR) | $35.01 Billion | 0.56% | 0.50x | $62.90 Billion |
| ChampionX Corporation (CHX) | $1.64 Billion | 6.75% | 0.16x | $4.94 Billion |
| Core Laboratories NV (CLB) | $47.60 Million | 16.18% | 0.67x | $655.15 Million |
| Drilling Tools International Corp. (DTI) | $49.10 Million | 42.93% | 1.14x | $76.38 Million |
| Dawson Geophysical Company (DWSN) | $48.80 Million | -38.20% | 0.41x | $62.41 Million |
| Enerflex Ltd. (EFXT) | $1.21 Billion | 8.14% | 0.88x | $2.57 Billion |
| Forum Energy Technologies Inc (FET) | $1.03 Billion | -36.31% | 0.78x | $597.54 Million |
About Ranger Energy Services Inc
Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary… Read more