314.78MMarket Cap
LossP/E TTM
REI Balance Sheet
You can check out the annual or quarterly balance sheets of Ring Energy Inc here to evaluate the financial health, analyze fundamentals, and calculate key ratios for liquidity, leverage, and return on equity.
FAQs
Which balance sheet metrics matter most when analyzing REI stock?
Important metrics include cash and short-term investments, total assets, current assets, total liabilities, current liabilities, long-term debt, shareholders' equity, retained earnings, inventory, receivables, working capital, current ratio, quick ratio, debt-to-equity ratio, and return on equity. Investors usually review these together rather than relying on one number.
What is the difference between assets, liabilities, and shareholders' equity?
Assets are resources the company owns or controls, such as cash, receivables, inventory, investments, and property. Liabilities are obligations the company owes, such as accounts payable, debt, leases, and taxes. Shareholders' equity is the residual value after liabilities are subtracted from assets.
What is the difference between current and non-current items?
Current assets and current liabilities are generally expected to be converted, used, paid, or settled within one year or one operating cycle. Non-current assets and non-current liabilities are longer-term items, such as property, long-term investments, deferred tax assets, long-term debt, and lease obligations.
How Much Cash Does Ring Energy Inc Have?
In its most recent quarterly, Ring Energy Inc had 1.04M in cash and cash equivalents.
How Much Are Ring Energy Inc's Total Liabilities?
Ring Energy Inc reported 575.62M in total liabilities as of the latest reported quarter, including 100.96M in current liabilities and 474.66M in non-current liabilities.
What Are Ring Energy Inc's Total Assets?
As of the latest reported quarter, Ring Energy Inc's total assets were 1.41B, consisting of 62.07M in current assets and 1.35B in non-current assets.
How Much Shareholders' Equity Does Ring Energy Inc Have?
Ring Energy Inc reported 836.28M in total shareholders' equity as of the latest reported quarter.