Range Short Long Term Debt vs Other Current Liab Analysis
| RRC Stock | USD 37.31 0.34 0.90% |
Range Resources financial indicator trend analysis is much more than just breaking down Range Resources Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Range Resources Corp is a good investment. Please check the relationship between Range Resources Short Long Term Debt and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Range Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Short Long Term Debt vs Other Current Liab
Short Long Term Debt vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Range Resources Corp Short Long Term Debt account and Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Range Resources' Short Long Term Debt and Other Current Liab is -0.36. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Range Resources Corp, assuming nothing else is changed. The correlation between historical values of Range Resources' Short Long Term Debt and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Range Resources Corp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Short Long Term Debt i.e., Range Resources' Short Long Term Debt and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.36 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Other Current Liab
Most indicators from Range Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Range Resources Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Range Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Range Resources' Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 12.22, whereas Selling General Administrative is forecasted to decline to about 111.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.0B | 2.1B | 1.8B | 1.9B | EBITDA | 1.7B | 3.2B | 898.8M | 656.7M |
Range Resources fundamental ratios Correlations
Click cells to compare fundamentals
Range Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Range Resources fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.6B | 6.1B | 6.7B | 6.6B | 7.2B | 4.2B | |
| Short Long Term Debt Total | 3.2B | 3.1B | 2.7B | 1.9B | 1.8B | 1.6B | |
| Other Current Liab | 395.7M | 119.3M | 253.9M | 962.0M | 473.0M | 496.6M | |
| Total Current Liabilities | 551.0M | 673.4M | 984.4M | 1.2B | 583.1M | 359.8M | |
| Total Stockholder Equity | 2.3B | 1.6B | 2.1B | 2.9B | 3.8B | 4.0B | |
| Property Plant And Equipment Net | 6.1B | 5.8B | 5.8B | 6.0B | 6.1B | 3.8B | |
| Net Debt | 3.2B | 3.1B | 2.5B | 1.9B | 1.6B | 1.6B | |
| Retained Earnings | 2.4B | 1.7B | (3.6B) | (2.5B) | (1.7B) | (1.6B) | |
| Cash | 546K | 458K | 214.4M | 207K | 212.0M | 222.6M | |
| Non Current Assets Total | 6.3B | 5.9B | 5.9B | 6.1B | 6.3B | 4.0B | |
| Cash And Short Term Investments | 546K | 458K | 214.4M | 207K | 212.0M | 222.6M | |
| Net Receivables | 272.9M | 252.6M | 501.3M | 505.6M | 282.7M | 154.2M | |
| Common Stock Shares Outstanding | 248.0M | 241.4M | 249.3M | 246.4M | 239.8M | 132.5M | |
| Liabilities And Stockholders Equity | 6.6B | 6.1B | 6.7B | 6.6B | 7.2B | 4.2B | |
| Non Current Liabilities Total | 3.7B | 3.8B | 3.6B | 2.6B | 2.9B | 2.2B | |
| Inventory | 23.0M | 17.5M | 1.0 | (35.2M) | 359.5M | 377.5M | |
| Other Current Assets | 17.5M | 13.4M | 50.5M | 32.9M | 16.0M | 15.2M | |
| Other Stockholder Equity | (9.8M) | (1.7B) | 3.6B | 2.0B | 5.4B | 5.7B | |
| Total Liab | 4.3B | 4.5B | 4.6B | 3.7B | 3.4B | 2.5B | |
| Property Plant And Equipment Gross | 6.1B | 5.8B | 74.7M | 6.0B | 11.3B | 11.9B | |
| Total Current Assets | 291.0M | 266.5M | 730.9M | 538.7M | 870.1M | 913.6M | |
| Accumulated Other Comprehensive Income | (788K) | (479K) | (150K) | 467K | 647K | 679.4K | |
| Non Currrent Assets Other | 202.7M | 115.9M | 130.6M | 110.0M | 190.6M | 97.9M | |
| Short Term Debt | 27.9M | 45.4M | 218.0M | 67.5M | 11.6M | 11.0M | |
| Accounts Payable | 155.3M | 132.4M | 178.4M | 206.7M | 110.1M | 150.1M | |
| Common Stock | 2.5M | 1.7B | 2.1B | 3.3B | 2.7M | 2.5M | |
| Common Stock Total Equity | 2.5M | 2.5M | 2.6M | 2.6M | 3.0M | 1.7M | |
| Other Assets | 66.5M | 5.8B | 124.9M | 109.1M | 125.4M | 119.2M | |
| Long Term Debt | 464.3M | 693.1M | 2.7B | 1.8B | 1.8B | 2.0B | |
| Property Plant Equipment | 5.4M | 4.2M | 5.8B | 6.0B | 6.9B | 7.2B | |
| Other Liab | 484.4M | 709.2M | 689.7M | 866.0M | 995.9M | 521.0M | |
| Treasury Stock | (391K) | (7.2M) | (30.1M) | (30.0M) | (27.0M) | (25.7M) | |
| Net Tangible Assets | 2.3B | 1.6B | 2.1B | 2.9B | 3.3B | 3.1B | |
| Retained Earnings Total Equity | (1.6B) | (3.3B) | (4.0B) | (3.6B) | (3.2B) | (3.1B) | |
| Long Term Debt Total | 464.3M | 693.1M | 2.7B | 1.8B | 1.7B | 1.5B | |
| Capital Surpluse | 5.7B | 5.7B | 5.7B | 5.8B | 6.6B | 4.5B | |
| Deferred Long Term Liab | 737.7M | 225.2M | 226.5M | 263.0M | 236.7M | 469.2M | |
| Long Term Investments | 4.8M | 706K | 16.7M | 38.6M | 34.7M | 49.0M | |
| Non Current Liabilities Other | 3.0B | 2.9B | 3.2B | 304.1M | 349.7M | 332.2M |
Currently Active Assets on Macroaxis
When determining whether Range Resources Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Range Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Range Resources Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Range Resources Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Range Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Range Stock analysis
When running Range Resources' price analysis, check to measure Range Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Range Resources is operating at the current time. Most of Range Resources' value examination focuses on studying past and present price action to predict the probability of Range Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Range Resources' price. Additionally, you may evaluate how the addition of Range Resources to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
Is Range Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Range Resources. If investors know Range will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Range Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Dividend Share 0.32 | Earnings Share 2 | Revenue Per Share 8.469 | Quarterly Revenue Growth (0.21) |
The market value of Range Resources Corp is measured differently than its book value, which is the value of Range that is recorded on the company's balance sheet. Investors also form their own opinion of Range Resources' value that differs from its market value or its book value, called intrinsic value, which is Range Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Range Resources' market value can be influenced by many factors that don't directly affect Range Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Range Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Range Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Range Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.