Ranger Energy Services, Inc.
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
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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.
Mar 31, 2025 · Filed Apr 30, 2025
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)
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $40.3 | $40.9 |
| Accounts receivable, net | 67.1 | 68.4 |
| Contract assets | 19.8 | 16.7 |
| Inventory | 5.8 | 5.7 |
| Prepaid expenses | 9.7 | 11.4 |
| Assets held for sale | 0.8 | 0.8 |
| Total current assets | 143.5 | 143.9 |
| Property and equipment, net | 220.8 | 224.3 |
| Intangible assets, net | 5.4 | 5.6 |
| Operating leases, right-of-use assets | 6.0 | 7.0 |
| Other assets | 0.8 | 0.8 |
| Total assets | $376.5 | $381.6 |
| Liabilities and Stockholders' Equity | ||
| Accounts payable | $26.8 | $27.2 |
| Accrued expenses | 25.8 | 28.2 |
| Other financing liability, current portion | 0.7 | 0.7 |
| Long-term debt, current portion | — | — |
| Short-term lease liability | 8.7 | 8.7 |
| Other current liabilities | 0.3 | 0.4 |
| Total current liabilities | 62.3 | 65.2 |
| Long-term lease liability | 13.4 | 14.1 |
| Other financing liability | 10.1 | 10.3 |
| Deferred tax liability | 18.1 | 18.2 |
| Total liabilities | 103.9 | 107.8 |
| 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 March 31, 2025 and December 31, 2024 | — | — |
| Class A Common Stock, $0.01 par value, 100,000,000 shares authorized; 26,375,710 shares issued and 22,498,082 shares outstanding as of March 31, 2025; 26,130,574 shares issued and 22,252,946 shares outstanding as of December 31, 2024 | 0.3 | 0.3 |
| Class B Common Stock, $0.01 par value, 100,000,000 shares authorized; no shares issued or outstanding as of March 31, 2025 and December 31, 2024 | — | — |
| Less: Class A Common Stock held in treasury at cost; 3,877,628 treasury shares as of March 31, 2025 and 3,877,628 treasury shares as of December 31, 2024 | (38.6) | (38.6) |
| Retained earnings | 41.4 | 42.2 |
| Additional paid-in capital | 269.5 | 269.9 |
| Total stockholders' equity | 272.6 | 273.8 |
| Total liabilities and stockholders' equity | $376.5 | $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.