Ranger Energy Services Inc
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
RNGR$12.47-0.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED BALANCE SHEETS
(in millions, except share and per share amounts)
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Cash and cash equivalents | $15.7 | $3.7 |
| Accounts receivable, net | 85.4 | 91.2 |
| Contract assets | 17.7 | 26.9 |
| Inventory | 6.4 | 5.9 |
| Prepaid expenses | 9.6 | 9.2 |
| Assets held for sale | 0.6 | 3.2 |
| Total current assets | 135.4 | 140.1 |
| Property and equipment, net | 226.3 | 221.6 |
| Intangible assets, net | 6.3 | 7.1 |
| Operating leases, right-of-use assets | 9.0 | 11.2 |
| Other assets | 1.0 | 1.6 |
| Total assets | $378.0 | $381.6 |
| Liabilities and Stockholders' Equity | ||
| Accounts payable | $31.3 | $24.3 |
| Accrued expenses | 29.6 | 36.1 |
| Other financing liability, current portion | 0.6 | 0.7 |
| Long-term debt, current portion | 0.1 | 6.8 |
| Short-term lease liability | 7.3 | 6.6 |
| Other current liabilities | 0.1 | — |
| Total current liabilities | 69.0 | 74.5 |
| Long-term lease liability | 14.9 | 13.1 |
| Other financing liability | 11.0 | 11.6 |
| Long-term debt, net | — | 11.6 |
| Deferred tax liability | 11.3 | 4.6 |
| Total liabilities | 106.2 | 115.4 |
| Commitments and contingencies (Note 14) | ||
| Stockholders' equity | ||
| Preferred stock, $0.01 per share; 50,000,000 shares authorized; no Series A shares issued and outstanding as of December 31, 2023 and 2022 | — | — |
| Class A Common Stock, $0.01 par value, 100,000,000 shares authorized; 25,756,017 shares issued and 23,398,689 shares outstanding as of December 31, 2023; 25,446,292 shares issued and 24,894,464 shares outstanding as of December 31, 2022 | 0.3 | 0.3 |
| Class B Common Stock, $0.01 par value, 100,000,000 shares authorized; no shares issued or outstanding as of December 31, 2023 and 2022 | — | — |
| Less: Class A Common Stock held in treasury at cost; 2,357,328 treasury shares as of December 31, 2023 and 551,828 treasury shares as of December 31, 2022 | (23.1) | (3.8) |
| Retained earnings | 28.4 | 7.1 |
| Additional paid-in capital | 266.2 | 262.6 |
| Total stockholders' equity | 271.8 | 266.2 |
| Total liabilities and stockholders' equity | $378.0 | $381.6 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.