Range Resources (Range Resources) Total Current Assets : $862 Mil (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Range Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Range Resources's total current assets for the quarter that ended in Mar. 2024 was $862 Mil.

Range Resources Total Current Assets Historical Data

The historical data trend for Range Resources's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Range Resources Total Current Assets Chart

Range Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

427.80

289.84

736.67

539.59

870.12

Range Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															693.76	561.57	595.98	870.12	861.64

Range Resources Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Range Resources's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	211.974	+	282.669	+	0	+	375.481
	=	870

Range Resources's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	343.111	+	175.215	+	0	+	343.314
	=	862

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Range Resources (NYSE:RRC) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Range Resources's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	343.111	-	3545.034	+	0.75 * 167.215	+	0.5 * 0
=	-3,077

Range Resources Total Current Assets Related Terms

Thank you for viewing the detailed overview of Range Resources's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Range Resources (Range Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (NYSE:RRC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

RAX:Germany RAX:Germany

Address

100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102

Website

https://www.rangeresources.com

Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.

Executives

Dori Ginn	officer: Principal Financial Officer	100 THROCKMORTON SUITE 1200, FORT WORTH TX 76102
Charles G. Griffie	director	1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Reginal Spiller	director	100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Greg G Maxwell	director	600 N. DAIRY ASHFORD, HOUSTON TX 77079
Erin W Mcdowell	officer: SVP & General Counsel	100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Mark Scucchi	officer: SVP & CFO	100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Dennis Degner	officer: SVP & COO	100 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
James M Funk	director	FOUR ALLEGHENY CENTER, 9TH FLOOR, PITTSBURGH PA 15212-5355
Jeffrey L Ventura	officer: President and COO	C/O RANGE RESOURCES CORPORATION, 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
David P Poole	officer: Sr. VP & General Counsel	100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Steven D Gray	director	125 W. MISSOURI AVE., SUITE 450, MIDLAND TX 79701
Steffen E Palko	director
Margaret K Dorman	director	C/O SMITH INTERNATIONAL INC, PO BOX 60068, HOUSTON TX 77205
Sailingstone Capital Partners Llc	10 percent owner	100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Settles Kenneth L Jr	10 percent owner	1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111