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Ranger Energy Services (FRA:97L) Scaled Net Operating Assets : 0.74 (As of Sep. 2024)


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What is Ranger Energy Services Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ranger Energy Services's operating assets for the quarter that ended in Sep. 2024 was €323.5 Mil. Ranger Energy Services's operating liabilities for the quarter that ended in Sep. 2024 was €76.4 Mil. Ranger Energy Services's Total Assets for the quarter that ended in Jun. 2024 was €334.1 Mil. Therefore, Ranger Energy Services's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.74.


Ranger Energy Services Scaled Net Operating Assets Historical Data

The historical data trend for Ranger Energy Services's Scaled Net Operating 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.

Ranger Energy Services Scaled Net Operating Assets Chart

Ranger Energy Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.85 0.66 1.48 0.82 0.71

Ranger Energy Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.69 0.72 0.78 0.74

Competitive Comparison of Ranger Energy Services's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Ranger Energy Services's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ranger Energy Services's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ranger Energy Services's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ranger Energy Services's Scaled Net Operating Assets falls into.



Ranger Energy Services Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ranger Energy Services's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(332.229-76.936)/360.23
=0.71

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=346.626 - 14.397
=332.229

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=97.385 - 13.663 - 6.786
=76.936

Ranger Energy Services's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(323.549-76.405)/334.068
=0.74

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=336.884 - 13.335
=323.549

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=95.776 - 11.983 - 7.388
=76.405

* 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.


Ranger Energy Services Scaled Net Operating Assets Related Terms

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Ranger Energy Services Business Description

Traded in Other Exchanges
Address
10350 Richmond, Suite 550, Houston, TX, USA, 77042
Ranger Energy Services Inc is a provider of onshore high specification (high-spec) well service rigs, wireline services, and additional processing solutions and ancillary services in the United States. It offers a range of well site services to U.S. exploration and production (E&P) companies that are fundamental to establishing and enhancing the flow of oil and natural gas throughout the productive life of a well. The segments of the group are High Specification Rigs, Wireline Services and Processing Solutions and Ancillary Services, of which key revenue is derived from High Specification Rigs segment.

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