RANGE RESOURCES

MU:RAX Germany Other
Market Cap
$364.69K
€355.28K EUR
Market Cap Rank
#38108 Global
#5074 in Germany
Share Price
€37.18
Change (1 day)
+0.00%
52-Week Range
€28.44 - €37.49
All Time High
€39.77
About

RANGE RESOURCES operates in Diversified Metals & Mining.

RANGE RESOURCES (RAX) - Total Assets

Latest total assets as of September 2024: €7.24 Billion EUR

Based on the latest financial reports, RANGE RESOURCES (RAX) holds total assets worth €7.24 Billion EUR as of September 2024.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

RANGE RESOURCES - Total Assets Trend (2016–2023)

This chart illustrates how RANGE RESOURCES’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

RANGE RESOURCES - Asset Composition Analysis

Current Asset Composition (December 2023)

RANGE RESOURCES's total assets of €7.24 Billion consist of 12.1% current assets and 87.9% non-current assets.

Asset Category Amount (EUR) % of Total Assets
Cash & Equivalents €0.00 2.9%
Accounts Receivable €274.67 Million 3.8%
Inventory €0.00 0.0%
Property, Plant & Equipment €0.00 0.0%
Intangible Assets €0.00 0.0%
Goodwill €0.00 0.0%

Asset Composition Trend (2016–2023)

This chart illustrates how RANGE RESOURCES's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: RANGE RESOURCES's current assets represent 12.1% of total assets in 2023, an increase from 2.5% in 2016.
  • Cash Position: Cash and equivalents constituted 2.9% of total assets in 2023, up from 0.0% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 14.0% in 2016.
  • Asset Diversification: The largest asset category is accounts receivable at 3.8% of total assets.

RANGE RESOURCES Competitors by Total Assets

Key competitors of RANGE RESOURCES based on total assets are shown below.

Company Country Total Assets
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
Germany €15.07 Billion
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
Germany €7.86 Billion
PRICELINE.COM
BE:PCE1
Germany €27.98 Billion
PRICELINE GROUP (PCE1.SG)
STU:PCE1
Germany €27.98 Billion
MURPHY USA
BE:1MU
Germany €4.40 Billion
RESMED (RME.SG)
STU:RME
Germany €7.22 Billion
DIOS EXPLORATIONS
BE:BFM
Germany €7.25 Million
CHINA YUCHAI INTL (CYD.SG)
STU:CYD
Germany €25.76 Billion

RANGE RESOURCES - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.12 - 0.81

Lower asset utilization - RANGE RESOURCES generates 0.35x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -25.96% - 17.86%

Excellent ROA - For every $100 in assets, RANGE RESOURCES generates $ 12.09 in net profit.

RANGE RESOURCES - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.54 0.93 0.76
Quick Ratio 0.54 0.93 0.76
Cash Ratio 0.00 0.00 0.00
Working Capital €-568.36 Million € -47.54 Million € -138.74 Million

RANGE RESOURCES - Advanced Valuation Insights

This section examines the relationship between RANGE RESOURCES's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio -
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 8.7%
Total Assets €7.20 Billion
Market Capitalization $360.91K USD

Valuation Analysis

Below Book Valuation: The market values RANGE RESOURCES's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: RANGE RESOURCES's assets grew by 8.7% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for RANGE RESOURCES (2016–2023)

The table below shows the annual total assets of RANGE RESOURCES from 2016 to 2023.

Year Total Assets Change
2023-12-31 €7.20 Billion +8.73%
2022-12-31 €6.63 Billion -0.52%
2021-12-31 €6.66 Billion +8.53%
2020-12-31 €6.14 Billion -7.19%
2019-12-31 €6.61 Billion -31.89%
2018-12-31 €9.71 Billion -17.23%
2017-12-31 €11.73 Billion +3.96%
2016-12-31 €11.28 Billion --