Quick Ratio Analysis of Ranger Energy Services Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Indecisive Quick Ratio
1.87
Period Ending - Dec-22
Indecisive Quick Ratio
1.80
Growth
3.79 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Indecisive Quick Ratio
1.90
Quick Ratio Analysis of Ranger Energy Services Inc
| Quick Ratio of Ranger Energy Services Inc with value of 1.90 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of RNGR has grown by 3.79 % Compared to previous Financial Year. |
| Quick Ratio with value of 1.87 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of 0.996 was lowest in Year Dec-19 in last Five Years. |
| Latest Quick Ratio with value of 1.87 is Greater than Average Quick Ratio of 1.34 in last five years. |
Other Quick Ratio Related Info of RNGR that may interest you.
Ranger Energy Services Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| RNGR | 9.8 | 9.94 | 1.41 % | Oil & Gas Equipment & Services |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Excellent Stability | |
FY - Historical Quick Ratio of Ranger Energy Services Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 1.87 | 1.80 | 1.00 | 1.01 | 0.996 | 0.954 | 0.911 |
| Change | 3.79 % | 80.13 % | -1.20 % | 1.58 % | 4.42 % | 4.72 % | -43.23 % |
FY Chart of Quick Ratio of Ranger Energy Services Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)