Ranger Energy Services Inc
For the period ended Sep 30, 2024. Filed Oct 28, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 28, 2024
RNGR$11.25-9.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(in millions, except share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $14.8 | $15.7 |
| Accounts receivable, net | 81.9 | 85.4 |
| Contract assets | 23.7 | 17.7 |
| Inventory | 5.7 | 6.4 |
| Prepaid expenses | 6.0 | 9.6 |
| Assets held for sale | 0.6 | 0.6 |
| Total current assets | 132.7 | 135.4 |
| Property and equipment, net | 226.9 | 226.3 |
| Intangible assets, net | 5.8 | 6.3 |
| Operating leases, right-of-use assets | 7.7 | 9.0 |
| Other assets | 0.8 | 1.0 |
| Total assets | $373.9 | $378.0 |
| Liabilities and Stockholders' Equity | ||
| Accounts payable | $29.3 | $31.3 |
| Accrued expenses | 27.6 | 29.6 |
| Other financing liability, current portion | 0.7 | 0.6 |
| Long-term debt, current portion | — | 0.1 |
| Short-term lease liability | 8.2 | 7.3 |
| Other current liabilities | 0.7 | 0.1 |
| Total current liabilities | 66.5 | 69.0 |
| Long-term lease liability | 13.3 | 14.9 |
| Other financing liability | 10.5 | 11.0 |
| Deferred tax liability | 16.0 | 11.3 |
| Total liabilities | 106.3 | 106.2 |
| Commitments and contingencies (Note 14) | ||
| Stockholders' equity | ||
| Preferred stock, $0.01 per share; 50,000,000 shares authorized; no shares issued or outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Class A Common Stock, $0.01 par value, 100,000,000 shares authorized; 26,122,840 shares issued and 22,245,212 shares outstanding as of September 30, 2024; 25,756,017 shares issued and 23,398,689 shares outstanding as of December 31, 2023 | 0.3 | 0.3 |
| Class B Common Stock, $0.01 par value, 100,000,000 shares authorized; no shares issued or outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Less: Class A Common Stock held in treasury at cost; 3,877,628 treasury shares as of September 30, 2024 and 2,357,328 treasury shares as of December 31, 2023 | (38.6) | (23.1) |
| Retained earnings | 37.5 | 28.4 |
| Additional paid-in capital | 268.4 | 266.2 |
| Total stockholders' equity | 267.6 | 271.8 |
| Total liabilities and stockholders' equity | $373.9 | $378.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.