Ranger Energy Services, Inc. (RNGR) financial statements (2021 and earlier)

Company profile

Business Address 10350 RICHMOND AVENUE
HOUSTON, TX 77042
State of Incorp. TX
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3735
Cash and cash equivalents3735
Receivables26424538
Inventory, net of allowances, customer advances and progress billings245 
Inventory245 
Prepaid expense45 3
Assets held-for-sale, not part of disposal group   1
Other current assets   3
Other undisclosed current assets118 
Total current assets:36596150
Noncurrent Assets
Operating lease, right-of-use asset67
Property, plant and equipment1896230189
Intangible assets, net (including goodwill)991020
Goodwill   9
Intangible assets, net (excluding goodwill)991011
Other noncurrent assets1021
Other undisclosed noncurrent assets 213  
Total noncurrent assets:205235241210
TOTAL ASSETS:241294303260
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities20323644
Accounts payable11141732
Accrued liabilities9181912
Debt1321209
Other liabilities123 
Total current liabilities:33555953
Noncurrent Liabilities
Long-term debt and lease obligation2135517
Long-term debt, excluding current maturities1527456
Finance lease, liability14
Capital lease obligations72
Operating lease, liability55
Liabilities, other than long-term debt2104
Other liabilities2104
Total noncurrent liabilities:23355211
Total liabilities:569111164
Stockholders' equity
Stockholders' equity attributable to parent, including:102113102104
Treasury stock, value(4)(1)  
Additional paid in capital124122112110
Accumulated deficit(18)(8)(10)(7)
Other undisclosed stockholders' equity attributable to parent0000
Stockholders' equity attributable to noncontrolling interest83909092
Total stockholders' equity:185203192196
TOTAL LIABILITIES AND EQUITY:241294303260

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues188337303154
Cost of revenue(177)(291)(266)(143)
Cost of goods and services sold(148)(263)  
Gross profit:11463711
Operating expenses(26)(34)(39)(31)
Operating income (loss):(15)12(2)(21)
Nonoperating expense(3)(6)(4)(6)
Interest and debt expense2(6)(4)(6)
Income (loss) from continuing operations before equity method investments, income taxes:(16)1(10)(33)
Other undisclosed income (loss) from continuing operations before income taxes(2)646
Income (loss) from continuing operations before income taxes:(19)7(6)(27)
Income tax expense (2) (0)
Net income (loss):(19)4(6)(27)
Net income (loss) attributable to noncontrolling interest8(3)36
Other undisclosed net income attributable to parent   15
Net income (loss) available to common stockholders, diluted:(10)2(3)(7)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(19)4(6)(27)
Comprehensive income (loss):(19)4(6)(27)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest8(3)36
Comprehensive income (loss), net of tax, attributable to parent:(10)2(3)(22)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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