Ranger Energy Services (RNGR) Capital Leases (2016 - 2021)
Ranger Energy Services (RNGR) posted Capital Leases of $2.6 million for Q1 2021, down 10.3% from $2.9 million a year earlier but up 100.0% from the prior quarter.
Ranger Energy Services (RNGR) Capital Leases (2016 - 2021) Analysis & Trends
At the end of FY2020, Ranger Energy Services' Capital Leases came in at $1.3 million, down 63.9% from FY2019.
- Annual Capital Leases shows a four-year compound annual growth rate of 44.3% (FY2016 to FY2020).
- In prior years, Ranger Energy Services' Capital Leases was $3.6 million in FY2019 (-45.5%), $6.6 million in FY2018 (+340.0%), $1.5 million in FY2017 (+400.0%) and $300,000 in FY2016.
- Quarterly Capital Leases has run from a low of $300,000 in Q4 2016 to a high of $6.6 million in Q4 2018 over five years.
- On a year-over-year basis, Capital Leases has declined in each of the last seven quarters, with an average decline of 39.3% over the last eight quarters.
- The strongest year-over-year quarter for Capital Leases in the past five years was Q2 2018, with growth of 585.7%; the weakest was Q4 2020, with a decline of 63.9%.
- According to Business Quant data, Capital Leases for the three prior quarters was $1.3 million (Q4 2020), $1.7 million (Q3 2020) and $2.3 million (Q2 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.73 Bn | 75.84 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.45 Bn | 18.73 Bn | 1.58 Bn |
| 3 | Halliburton | 28.88 Bn | 20.83 Bn | 840.00 Mn |
| 4 | TechnipFMC | 27.45 Bn | 23.60 Bn | 684.70 Mn |
| 5 | Noble | 7.62 Bn | 5.55 Bn | 239.27 Mn |
| 6 | Transocean | 7.16 Bn | 4.87 Bn | 358.00 Mn |
| 7 | Nov | 7.06 Bn | 1.85 Bn | 521.00 Mn |
| 8 | Valaris | 6.74 Bn | 4.36 Bn | 123.70 Mn |
| 9 | Weatherford International | 6.30 Bn | 2.07 Bn | 374.00 Mn |
| 10 | Ranger Energy Services | 347.84 Mn | 281.24 Mn | 33.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 2.60 Mn |
| Dec 31, 2020 | 1.30 Mn |
| Sep 30, 2020 | 1.70 Mn |
| Jun 30, 2020 | 2.30 Mn |
| Mar 31, 2020 | 2.90 Mn |
| Dec 31, 2019 | 3.60 Mn |
| Sep 30, 2019 | 4.50 Mn |
| Jun 30, 2019 | 4.80 Mn |
| Mar 31, 2019 | 5.80 Mn |
| Dec 31, 2018 | 6.60 Mn |
| Sep 30, 2018 | 6.50 Mn |
| Jun 30, 2018 | 4.80 Mn |
| Mar 31, 2018 | 5.80 Mn |
| Dec 31, 2017 | 1.50 Mn |
| Sep 30, 2017 | 1.40 Mn |
| Jun 30, 2017 | 700,000.00 |
| Dec 31, 2016 | 300,000.00 |
Ranger Energy Services Capital Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-leases&ticker=RNGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "RNGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=RNGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();