Range Resources Balance Sheet Health
Financial Health criteria checks 5/6
Range Resources has a total shareholder equity of $3.8B and total debt of $1.8B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are $7.4B and $3.5B respectively. Range Resources's EBIT is $832.3M making its interest coverage ratio 6.8. It has cash and short-term investments of $343.1M.
Key information
45.9%
Debt to equity ratio
US$1.76b
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$343.11m |
| Equity | US$3.83b |
| Total liabilities | US$3.55b |
| Total assets | US$7.37b |
Recent financial health updates
Range Resources (NYSE:RRC) Has A Pretty Healthy Balance Sheet
Nov 01
Does Range Resources (NYSE:RRC) Have A Healthy Balance Sheet?
Jul 23Is Range Resources (NYSE:RRC) Using Too Much Debt?
Mar 27Here's Why Range Resources (NYSE:RRC) Can Manage Its Debt Responsibly
Oct 13Here's Why Range Resources (NYSE:RRC) Has A Meaningful Debt Burden
Jun 28Recent updates
Significant Upside Potential, As Range Resources Could Turn Into A Buyback Machine
Apr 05Insufficient Growth At Range Resources Corporation (NYSE:RRC) Hampers Share Price
Mar 30Range Resources: Navigating A Weak Natural Gas Market
Mar 14Calculating The Intrinsic Value Of Range Resources Corporation (NYSE:RRC)
Jan 262024 Will Be The Year For Range Resources
Jan 02Earnings Working Against Range Resources Corporation's (NYSE:RRC) Share Price
Dec 23High Risk, High Reward - I Expect Range Resources To More Than Double In The Years Ahead
Dec 08Range Resources (NYSE:RRC) Has Announced A Dividend Of $0.08
Dec 04Range Resources (NYSE:RRC) Has A Pretty Healthy Balance Sheet
Nov 01Range Resources Q3 2023: Positioned For Success Amid Commodity Cycles
Oct 28A Path To A >20% Distribution Yield: Why I'm So Bullish On Range Resources
Sep 27Here's Why We Think Range Resources (NYSE:RRC) Might Deserve Your Attention Today
Sep 27Range Resources: Large Reserves, Strong Finances, Attractive Valuation
Sep 13Range Resources (NYSE:RRC) Has Announced A Dividend Of $0.08
Sep 04A Look At The Fair Value Of Range Resources Corporation (NYSE:RRC)
Aug 20Does Range Resources (NYSE:RRC) Have A Healthy Balance Sheet?
Jul 23Range Resources: Well-Hedged Low Breakeven Prices
Jul 04Range Resources: Positioned To Weather Low Prices And Undervalued
Jun 20Why Range Resources Might Double
Jun 01Bullish: Analysts Just Made A Massive Upgrade To Their Range Resources Corporation (NYSE:RRC) Forecasts
May 03Is Range Resources (NYSE:RRC) Using Too Much Debt?
Mar 27Here's Why Range Resources (NYSE:RRC) Has Caught The Eye Of Investors
Mar 01Range Resources Added Hedges, But Maybe Too Late
Feb 21Are Investors Undervaluing Range Resources Corporation (NYSE:RRC) By 33%?
Nov 23Range Resources: A Solid Prospect Heading Into Q3 2022 Earnings
Oct 23Here's Why Range Resources (NYSE:RRC) Can Manage Its Debt Responsibly
Oct 13Range Resources Corporation: In Range
Sep 07Range Resources declares $0.08 dividend
Aug 30Range Resources Is A Cash Flow Generation Machine
Aug 07Range Resources Corporation's (NYSE:RRC) Intrinsic Value Is Potentially 62% Above Its Share Price
Jul 25Range Resources Q2 2022 Earnings Preview
Jul 24Here's Why Range Resources (NYSE:RRC) Has A Meaningful Debt Burden
Jun 28Range Resources: Natural Gas Player At 5x 2023 Free Cash Flow
Jun 21Range Resources: Improving Finances, Dividend Possibility, Attractive Valuation
Jun 13Range Resources: Mixed Priorities
Jun 06Range Resources: FCFs Will Support Buyback And Deleveraging
Apr 30Are Investors Undervaluing Range Resources Corporation (NYSE:RRC) By 35%?
Apr 22Financial Position Analysis
Short Term Liabilities: RRC's short term assets ($861.6M) exceed its short term liabilities ($638.3M).
Long Term Liabilities: RRC's short term assets ($861.6M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: RRC's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: RRC's debt to equity ratio has reduced from 93.3% to 45.9% over the past 5 years.
Debt Coverage: RRC's debt is well covered by operating cash flow (47.6%).
Interest Coverage: RRC's interest payments on its debt are well covered by EBIT (6.8x coverage).