RNGRRanger Energy Services, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -85% · now 16% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can RNGR take a bad year?
Ranger Energy Services, Inc. carries $20M of net debt at 0.28× EBITDA: a load its earnings can carry.
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.28×
Net debt / EBITDA · −0.55× a year ago · the load is going up
- Interest cover
- 13.0×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 40%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ1 2026
- $27M
- Cash and short-term investments
- $6.9M
- Net debt
- $20M
- EBITDA, trailing twelve months
- $71M
- Operating profit, trailing twelve months
- $20M
- Debt / equity
- 0.09×
- Total debt / EBITDA
- 0.38×
- Annualised volatilitytwo years of daily moves
- 40%
- Worst drawdown on file
- −85%
- Below its 52-week high
- 16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.