Range Resources Balance Sheet Health
Financial Health criteria checks 3/6
Range Resources has a total shareholder equity of $3.4B and total debt of $1.8B, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are $6.8B and $3.4B respectively. Range Resources's EBIT is $1.9B making its interest coverage ratio 14.7. It has cash and short-term investments of $162.8M.
Key information
51.4%
Debt to equity ratio
US$1.77b
Debt
Interest coverage ratio | 14.7x |
Cash | US$162.80m |
Equity | US$3.45b |
Total liabilities | US$3.40b |
Total assets | US$6.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RRCO *'s short term assets ($596.0M) do not cover its short term liabilities ($643.5M).
Long Term Liabilities: RRCO *'s short term assets ($596.0M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: RRCO *'s net debt to equity ratio (46.7%) is considered high.
Reducing Debt: RRCO *'s debt to equity ratio has reduced from 71.5% to 51.4% over the past 5 years.
Debt Coverage: RRCO *'s debt is well covered by operating cash flow (76.9%).
Interest Coverage: RRCO *'s interest payments on its debt are well covered by EBIT (14.7x coverage).