Ring Historical Balance Sheet

REI Stock

USD 1.50 0.01 0.67%

Trend analysis of Ring Energy balance sheet accounts such as Non Current Liabilities Total of 499.9 M, Other Stockholder Equity of 835.6 M, Total Liabilities of 619.4 M or Common Stock of 206.7 K provides information on Ring Energy's total assets, liabilities, and equity, which is the actual value of Ring Energy to its prevalent stockholders. By breaking down trends over time using Ring Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Ring Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ring Energy is a good buy for the upcoming year.

Ring Energy Inventory

6.44 Million

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ring Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.

About Ring Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ring Energy at a specified time, usually calculated after every quarter, six months, or one year. Ring Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ring Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ring currently owns. An asset can also be divided into two categories, current and non-current.

Ring Energy Balance Sheet Chart

As of now, Ring Energy's Common Stock Total Equity is increasing as compared to previous years. The Ring Energy's current Non Current Liabilities Total is estimated to increase to about 499.9 M, while Retained Earnings are projected to decrease to (9.9 M).

Total Current Liabilities Accounts Payable Common Stock Total Equity Non Current Liabilities Total Non Currrent Assets Other Property Plant And Equipment Gross

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Total Current Liabilities

Total Current Liabilities is an item on Ring Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ring Energy are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Ring Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ring Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most accounts from Ring Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Ring Energy current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ring Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.As of now, Ring Energy's Common Stock Total Equity is increasing as compared to previous years. The Ring Energy's current Non Current Liabilities Total is estimated to increase to about 499.9 M, while Retained Earnings are projected to decrease to (9.9 M).

	2021	2022	2023	2024 (projected)
Common Stock Total Equity	100.2K	175.5K	201.9K	212.0K
Accounts Payable	46.2M	111.4M	104.1M	109.3M

Common Stock Total Equity Accounts Payable

Ring Energy balance sheet Correlations

	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Common Stock Total Equity	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Common Stock	Total Assets	Short Long Term Debt Total	Other Current Liab	Net Debt	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Other Current Assets	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Other Assets	Long Term Debt
Total Current Liabilities		0.92	-0.27	0.99	0.95	0.89	0.92	0.92	0.95	0.95	0.88	0.7	0.87	-0.36	-0.36	0.94	0.57	-0.58	0.95	-0.49	0.08	0.94	0.92	0.95	0.07	0.87
Total Stockholder Equity	0.92		-0.09	0.96	0.92	0.84	0.95	0.87	0.92	0.97	0.83	0.41	0.81	-0.2	-0.2	0.92	0.65	-0.62	0.97	-0.36	0.2	0.94	1.0	0.96	0.1	0.83
Retained Earnings	-0.27	-0.09		-0.16	-0.23	-0.37	-0.36	-0.35	-0.24	-0.2	-0.38	-0.63	-0.38	0.13	0.13	-0.26	-0.06	0.41	-0.23	0.07	0.16	-0.11	-0.1	-0.23	-0.62	-0.39
Accounts Payable	0.99	0.96	-0.16		0.95	0.88	0.93	0.91	0.95	0.97	0.86	0.57	0.86	-0.35	-0.35	0.94	0.57	-0.57	0.97	-0.45	0.1	0.96	0.96	0.97	0.08	0.86
Common Stock Total Equity	0.95	0.92	-0.23	0.95		0.9	0.9	0.92	1.0	0.96	0.89	0.55	0.88	-0.3	-0.3	0.98	0.61	-0.58	0.95	-0.3	-0.03	0.98	0.92	0.95	0.19	0.88
Non Current Liabilities Total	0.89	0.84	-0.37	0.88	0.9		0.85	1.0	0.9	0.94	1.0	0.58	0.99	-0.38	-0.38	0.9	0.5	-0.55	0.95	-0.47	0.29	0.91	0.84	0.95	0.33	1.0
Other Stockholder Equity	0.92	0.95	-0.36	0.93	0.9	0.85		0.88	0.9	0.94	0.84	0.54	0.82	-0.21	-0.21	0.91	0.61	-0.71	0.94	-0.33	0.12	0.88	0.96	0.94	0.26	0.84
Total Liab	0.92	0.87	-0.35	0.91	0.92	1.0	0.88		0.93	0.96	0.99	0.61	0.99	-0.38	-0.38	0.92	0.52	-0.56	0.97	-0.48	0.25	0.93	0.87	0.97	0.28	0.99
Common Stock	0.95	0.92	-0.24	0.95	1.0	0.9	0.9	0.93		0.96	0.89	0.56	0.88	-0.3	-0.3	0.98	0.61	-0.59	0.95	-0.31	-0.03	0.98	0.92	0.95	0.19	0.89
Total Assets	0.95	0.97	-0.2	0.97	0.96	0.94	0.94	0.96	0.96		0.93	0.5	0.92	-0.3	-0.3	0.96	0.61	-0.6	1.0	-0.4	0.21	0.97	0.97	1.0	0.19	0.93
Short Long Term Debt Total	0.88	0.83	-0.38	0.86	0.89	1.0	0.84	0.99	0.89	0.93		0.57	0.99	-0.34	-0.34	0.89	0.53	-0.53	0.94	-0.48	0.3	0.9	0.83	0.94	0.33	1.0
Other Current Liab	0.7	0.41	-0.63	0.57	0.55	0.58	0.54	0.61	0.56	0.5	0.57		0.58	-0.26	-0.26	0.57	0.33	-0.4	0.52	-0.51	-0.08	0.47	0.42	0.52	-0.04	0.58
Net Debt	0.87	0.81	-0.38	0.86	0.88	0.99	0.82	0.99	0.88	0.92	0.99	0.58		-0.47	-0.47	0.88	0.41	-0.53	0.93	-0.46	0.3	0.88	0.81	0.94	0.34	1.0
Cash	-0.36	-0.2	0.13	-0.35	-0.3	-0.38	-0.21	-0.38	-0.3	-0.3	-0.34	-0.26	-0.47		1.0	-0.31	0.55	0.08	-0.34	0.09	-0.03	-0.31	-0.2	-0.34	-0.14	-0.38
Cash And Short Term Investments	-0.36	-0.2	0.13	-0.35	-0.3	-0.38	-0.21	-0.38	-0.3	-0.3	-0.34	-0.26	-0.47	1.0		-0.31	0.55	0.08	-0.34	0.09	-0.03	-0.31	-0.2	-0.34	-0.14	-0.38
Common Stock Shares Outstanding	0.94	0.92	-0.26	0.94	0.98	0.9	0.91	0.92	0.98	0.96	0.89	0.57	0.88	-0.31	-0.31		0.59	-0.55	0.95	-0.22	-0.01	0.96	0.92	0.95	0.16	0.88
Total Current Assets	0.57	0.65	-0.06	0.57	0.61	0.5	0.61	0.52	0.61	0.61	0.53	0.33	0.41	0.55	0.55	0.59		-0.4	0.58	-0.35	0.08	0.61	0.65	0.57	-0.03	0.49
Short Term Debt	-0.58	-0.62	0.41	-0.57	-0.58	-0.55	-0.71	-0.56	-0.59	-0.6	-0.53	-0.4	-0.53	0.08	0.08	-0.55	-0.4		-0.61	0.22	-0.19	-0.51	-0.62	-0.61	-0.26	-0.55
Non Current Assets Total	0.95	0.97	-0.23	0.97	0.95	0.95	0.94	0.97	0.95	1.0	0.94	0.52	0.93	-0.34	-0.34	0.95	0.58	-0.61		-0.43	0.24	0.97	0.97	1.0	0.2	0.94
Non Currrent Assets Other	-0.49	-0.36	0.07	-0.45	-0.3	-0.47	-0.33	-0.48	-0.31	-0.4	-0.48	-0.51	-0.46	0.09	0.09	-0.22	-0.35	0.22	-0.43		-0.49	-0.38	-0.38	-0.43	0.12	-0.47
Other Current Assets	0.08	0.2	0.16	0.1	-0.03	0.29	0.12	0.25	-0.03	0.21	0.3	-0.08	0.3	-0.03	-0.03	-0.01	0.08	-0.19	0.24	-0.49		0.07	0.21	0.24	-0.09	0.31
Other Liab	0.94	0.94	-0.11	0.96	0.98	0.91	0.88	0.93	0.98	0.97	0.9	0.47	0.88	-0.31	-0.31	0.96	0.61	-0.51	0.97	-0.38	0.07		0.94	0.96	0.16	0.89
Net Tangible Assets	0.92	1.0	-0.1	0.96	0.92	0.84	0.96	0.87	0.92	0.97	0.83	0.42	0.81	-0.2	-0.2	0.92	0.65	-0.62	0.97	-0.38	0.21	0.94		0.96	0.1	0.83
Property Plant And Equipment Net	0.95	0.96	-0.23	0.97	0.95	0.95	0.94	0.97	0.95	1.0	0.94	0.52	0.94	-0.34	-0.34	0.95	0.57	-0.61	1.0	-0.43	0.24	0.96	0.96		0.21	0.94
Other Assets	0.07	0.1	-0.62	0.08	0.19	0.33	0.26	0.28	0.19	0.19	0.33	-0.04	0.34	-0.14	-0.14	0.16	-0.03	-0.26	0.2	0.12	-0.09	0.16	0.1	0.21		0.34
Long Term Debt	0.87	0.83	-0.39	0.86	0.88	1.0	0.84	0.99	0.89	0.93	1.0	0.58	1.0	-0.38	-0.38	0.88	0.49	-0.55	0.94	-0.47	0.31	0.89	0.83	0.94	0.34

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Ring Energy Account Relationship Matchups

Ring Energy balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	59.1M	36.9M	76.7M	141.2M	113.8M	119.5M
Total Stockholder Equity	523.5M	294.8M	300.6M	661.1M	786.6M	825.9M
Retained Earnings	(2.9M)	(256.3M)	(252.9M)	(114.3M)	(9.4M)	(9.9M)
Accounts Payable	54.6M	32.5M	46.2M	111.4M	104.1M	109.3M
Common Stock Total Equity	68.0K	85.6K	100.2K	175.5K	201.9K	212.0K
Non Current Liabilities Total	390.4M	331.7M	306.9M	466.7M	476.1M	499.9M
Other Stockholder Equity	526.3M	551.0M	553.5M	775.2M	795.8M	835.6M
Total Liab	449.5M	368.7M	383.5M	607.9M	589.9M	619.4M
Common Stock	68.0K	85.6K	100.2K	175.5K	196.8K	206.7K
Total Assets	973.0M	663.5M	684.2M	1.3B	1.5B	1.6B
Short Long Term Debt Total	369.1M	314.9M	292.7M	419.1M	430.0M	451.5M
Net Debt	359.1M	311.3M	290.3M	415.4M	429.7M	451.2M
Cash	10.0M	3.6M	2.4M	3.7M	296.4K	281.6K
Cash And Short Term Investments	10.0M	3.6M	2.4M	3.7M	296.4K	281.6K
Common Stock Shares Outstanding	66.8M	72.9M	121.2M	141.8M	195.4M	205.1M
Liabilities And Stockholders Equity	973.0M	663.5M	684.2M	1.3B	1.5B	1.6B
Total Current Assets	38.7M	20.8M	29.8M	63.2M	55.9M	58.7M
Short Term Debt	1.5M	1.2M	1.2M	1.6M	2.1M	3.8M
Non Current Assets Total	934.3M	642.7M	654.4M	1.2B	1.3B	1.4B
Non Currrent Assets Other	(5.4B)	(5.4M)	(88.6M)	(8.5B)	24.7M	25.9M
Other Current Assets	5.9B	396.1K	938.0K	6.8M	8.1M	7.7M
Other Liab	22.8M	18.0M	15.4M	49.2M	56.6M	59.4M
Net Tangible Assets	523.5M	294.8M	300.6M	661.1M	760.3M	798.3M
Property Plant And Equipment Net	931.1M	642.7M	652.6M	1.2B	1.3B	1.4B
Other Assets	3.2M	641.1M	1.7M	24.0M	104.3M	64.1M
Long Term Debt	366.5M	313M	290M	415M	425M	446.3M
Net Receivables	24.7M	16.8M	26.5M	43.4M	41.4M	43.5M
Retained Earnings Total Equity	(2.9M)	(256.3M)	(252.9M)	(114.3M)	(102.9M)	(97.7M)
Deferred Long Term Liab	3.2M	2.4M	1.7M	19.0M	21.8M	22.9M
Property Plant And Equipment Gross	931.1M	640.3M	651.4M	1.5B	1.7B	1.8B
Property Plant Equipment	929.2M	640.3M	651.4M	1.2B	1.4B	1.4B
Capital Surpluse	526.3M	551.0M	553.5M	775.2M	891.5M	936.1M
Long Term Debt Total	366.9M	313.1M	290.3M	415M	477.3M	501.1M

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When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:

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Is Ring Stock a good investment?

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What is Ring Energy's Net Worth?

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For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.26)

Earnings Share

0.57

Revenue Per Share

1.853

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0829

The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Ring Historical Balance Sheet

Ring Energy Inventory

6.44 Million

About Ring Balance Sheet Analysis

Ring Energy Balance Sheet Chart

Total Current Liabilities

Accounts Payable

Common Stock Total Equity

Non Currrent Assets Other

Ring Energy balance sheet Correlations

Ring Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ring Energy balance sheet Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 1.0	Non Current Liabilities Total
Short Long Term Debt Total	+ 1.0	Non Current Liabilities Total
Long Term Debt	+ 1.0	Non Current Liabilities Total
Non Current Assets Total	+ 1.0	Total Assets

Short Term Debt	- 0.71	Other Stockholder Equity
Other Current Liab	- 0.63	Retained Earnings
Net Tangible Assets	- 0.62	Short Term Debt
Other Assets	- 0.62	Retained Earnings
Short Term Debt	- 0.62	Total Stockholder Equity
Property Plant And Equipment Net	- 0.61	Short Term Debt