Ring Energy, Inc. (REI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 59.27M | 62.07M | 55.83M | 62.43M | 48.67M | 50.45M | 52.82M | 56.22M | 58.67M | 55.91M | 58.63M | 55.11M | 58.46M | 63.17M | 65.22M | 47.63M | 39.41M | 29.81M | 25.32M | 27.84M |
| Cash & Short-Term Investments | 1.04M | 902.91K | 286.91K | 0 | 1.1M | 1.87M | 0 | 1.18M | 1.38M | 296.38K | 138.58K | 1.75M | 1.73M | 3.71M | 890.57K | 2.22M | 2.14M | 2.41M | 2.05M | 2.67M |
| Cash Only | 1.04M | 902.91K | 286.91K | 0 | 1.1M | 1.87M | 0 | 1.18M | 1.38M | 296.38K | 138.58K | 1.75M | 1.73M | 3.71M | 890.57K | 2.22M | 2.14M | 2.41M | 2.05M | 2.67M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 46.63M | 32.56M | 35.42M | 39.51M | 37.8M | 37.26M | 37.74M | 43.28M | 46.25M | 41.39M | 49.06M | 34.66M | 40M | 43.43M | 47.76M | 40.85M | 36.54M | 26.46M | 21.98M | 23.59M |
| Days Sales Outstanding | - | 46.76 | 43.85 | 42.59 | 42.7 | 41.34 | 41.76 | 41.09 | 42.19 | 41.63 | 41.11 | 42.81 | 42.62 | 42.08 | 43.17 | 41.44 | 41.58 | 37.34 | 42.45 | 44.23 |
| Inventory | 6.15M | 0 | 4.99M | 5.38M | 3.3M | 4.05M | 4.63M | 5.78M | 5.97M | 6.14M | 5.55M | 7.33M | 8.81M | 9.25M | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 4.73K | - | 19.62 | 12.52 | 6.92 | 7.76 | 9.09 | 10.85 | 11.22 | 10.75 | 12.69 | 17.26 | 18.08 | 18.9 | - | - | - | - | - | - |
| Other Current Assets | 5.44M | 28.6M | 12.85M | 17.53M | 6.47M | 7.28M | 10.45M | 5.99M | 5.08M | 8.09M | 3.88M | 11.37M | 7.93M | 6.77M | 13.32M | 1.35M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.2B | 1.45B | 1.38B | 1.45B | 1.46B | 1.36B | 1.35B | 1.33B | 1.33B | 1.32B | 1.3B | 1.23B | 1.22B | 1.21B | 1.19B | 697.61M | 664.65M | 654.35M | 653.29M | 647.86M |
| Property, Plant & Equipment | 4.63M | 0 | 1.36B | 1.44B | 1.45B | 1.34B | 5.45M | 1.32B | 1.31B | 1.3B | 1.28B | 1.2B | 1.2B | 1.18B | 1.16B | 695.5M | 663.13M | 652.64M | 651.41M | 645.81M |
| Fixed Asset Turnover | - | - | 0.06x | 0.06x | 0.06x | 0.12x | 0.13x | 0.08x | 0.07x | 0.08x | 0.08x | 0.07x | 0.07x | 0.09x | 0.10x | 0.13x | 0.10x | 0.09x | 0.08x | 0.07x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 9.74M | 0 | 0 | 0 | 5.47M | 8.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.19B | 1.44B | 14.26M | 17.07M | 11.93M | 8.15M | 1.31B | 13.67M | 16.9M | 24.67M | 20.67M | 26.01M | 23.35M | 24.03M | 30.58M | 2.11M | 1.51M | -88.58M | 1.88M | 2.05M |
| Total Assets | 1.25B | 1.51B | 1.43B | 1.52B | 1.51B | 1.41B | 1.4B | 1.39B | 1.38B | 1.38B | 1.36B | 1.28B | 1.28B | 1.27B | 1.25B | 745.24M | 704.05M | 684.16M | 678.62M | 675.7M |
| Asset Turnover | - | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.07x | 0.06x | 0.07x | 0.08x | 0.09x | 0.12x | 0.10x | 0.09x | 0.07x | 0.07x |
| Asset Growth % | -16.66% | 7.48% | 2.49% | 9.11% | 8.73% | 2.3% | 2.67% | 8.4% | 8.06% | 8.47% | 8.95% | 72.03% | 82.01% | 85.48% | 84.39% | 10.29% | 5.03% | 3.12% | -18.85% | -20.24% |
| Total Current Liabilities | 147.86M | 100.96M | 101.62M | 98.33M | 103.75M | 105.04M | 97.59M | 111.4M | 118.42M | 113.81M | 151.89M | 100.95M | 110.4M | 141.79M | 126.73M | 98.57M | 97.76M | 76.67M | 85.17M | 87.88M |
| Accounts Payable | 102.62M | 97.52M | 86.46M | 82.42M | 86.42M | 95.73M | 90.14M | 90.01M | 99.15M | 104.06M | 110.39M | 90.02M | 100.03M | 111.4M | 86.82M | 64.26M | 54.26M | 46.23M | 45.26M | 44.13M |
| Days Payables Outstanding | 76.94K | 177.37 | 319.48 | 243.36 | 171.52 | 166.15 | 157.48 | 174.74 | 188.44 | 197.36 | 197.53 | 203.34 | 211.74 | 202.46 | 209.33 | 217.54 | 186.22 | 185.82 | 201.83 | 189.03 |
| Short-Term Debt | 1.23M | 1.82M | 1M | 1.49M | 0 | 496.4K | 912.82K | 1.36M | 0 | 533.73K | 950.07K | 1.41M | 0 | 499.88K | 877.63K | 894.29K | 219.03K | 586.41K | 857.15K | 758.15K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 44.02M | -57.46K | 12.8M | 12.34M | 15.28M | 6.93M | 4.77M | 18.28M | 17.55M | 7.69M | 38.97M | 8.26M | 9.16M | 28.79M | 38.28M | 32.7M | 42.72M | 29.24M | 38.4M | 42.52M |
| Current Ratio | 0.40x | 0.61x | 0.55x | 0.63x | 0.47x | 0.48x | 0.54x | 0.50x | 0.50x | 0.49x | 0.39x | 0.55x | 0.53x | 0.45x | 0.51x | 0.48x | 0.40x | 0.39x | 0.30x | 0.32x |
| Quick Ratio | 0.36x | 0.61x | 0.50x | 0.58x | 0.44x | 0.44x | 0.49x | 0.45x | 0.45x | 0.44x | 0.35x | 0.47x | 0.45x | 0.38x | 0.51x | 0.48x | 0.40x | 0.39x | 0.30x | 0.32x |
| Cash Conversion Cycle | - | - | -256.01 | -188.26 | -121.89 | -117.06 | -106.63 | -122.81 | -135.02 | -144.97 | -143.73 | -143.26 | -151.03 | -141.48 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 484.88M | 576.24M | 485.39M | 520.11M | 525.9M | 444.42M | 450.86M | 460.93M | 473.25M | 476.11M | 477.97M | 442.23M | 471.79M | 466.1M | 618.41M | 288.67M | 297.04M | 306.86M | 317.81M | 327.12M |
| Long-Term Debt | 427.18M | 420M | 428M | 448M | 460M | 385M | 392M | 407M | 422M | 425M | 428M | 397M | 422M | 415M | 435M | 270M | 280M | 290M | 295M | 300.5M |
| Capital Lease Obligations | 0 | 1.41M | 1.49M | 1.64M | 1.94M | 2.05M | 2.07M | 2.42M | 2.75M | 2.96M | 2.9M | 2.03M | 2.29M | 2.53M | 1.47M | 1.65M | 1.36M | 1.48M | 1.61M | 1.29M |
| Deferred Tax Liabilities | 10.21M | 122.35M | 0 | 37.46M | 31.5M | 28.59M | 26.86M | 16.85M | 10.18M | 8.55M | 497.07K | 4.07M | 10.47M | 8.5M | 5.92M | 1.64M | 156.23K | 90.29K | 141.94K | 190.64K |
| Other Non-Current Liabilities | 47.48M | 32.49M | 55.9M | 33.01M | 32.46M | 28.78M | 29.93M | 34.67M | 38.32M | 39.59M | 46.57M | 39.13M | 37.03M | 40.08M | 176.02M | 15.37M | 15.52M | 15.29M | 21.06M | 25.14M |
| Total Liabilities | 632.74M | 677.21M | 587.02M | 618.44M | 629.64M | 549.46M | 548.45M | 572.34M | 591.68M | 589.91M | 629.86M | 543.17M | 582.2M | 607.9M | 745.14M | 387.23M | 394.8M | 383.53M | 402.98M | 415M |
| Total Debt | 428.41M | 423.24M | 431.85M | 452.53M | 463.45M | 389.1M | 396.5M | 412.35M | 426.37M | 430.02M | 433.16M | 401.6M | 425.44M | 419.13M | 438.06M | 273.25M | 282.12M | 292.68M | 298.12M | 303.02M |
| Net Debt | 427.37M | 422.33M | 431.56M | 452.53M | 462.35M | 387.24M | 396.5M | 411.17M | 424.99M | 429.72M | 433.02M | 399.85M | 423.72M | 415.42M | 437.17M | 271.03M | 279.98M | 290.27M | 296.07M | 300.35M |
| Debt / Equity | 0.69x | 0.51x | 0.51x | 0.50x | 0.53x | 0.45x | 0.47x | 0.50x | 0.54x | 0.55x | 0.59x | 0.54x | 0.61x | 0.63x | 0.87x | 0.76x | 0.91x | 0.97x | 1.08x | 1.16x |
| Debt / EBITDA | - | 12.54x | - | 9.16x | 10.37x | 8.08x | 7.14x | 6.20x | 6.97x | 6.57x | 7.06x | 7.99x | 7.50x | 6.25x | 6.45x | 4.21x | 5.88x | 6.88x | 8.85x | 9.32x |
| Net Debt / EBITDA | - | 12.51x | - | 9.16x | 10.34x | 8.04x | 7.14x | 6.18x | 6.95x | 6.57x | 7.06x | 7.96x | 7.47x | 6.19x | 6.44x | 4.18x | 5.84x | 6.83x | 8.79x | 9.24x |
| Interest Coverage | -16.49x | -0.19x | -2.86x | 3.27x | 2.12x | 2.18x | 5.75x | 3.54x | 1.50x | 6.06x | -0.10x | 2.99x | 4.19x | 2.80x | 12.31x | 14.24x | 3.12x | 7.79x | 4.97x | -3.30x |
| Total Equity | 621.98M | 836.28M | 847.66M | 897.9M | 875.97M | 858.64M | 851.31M | 817.42M | 793.01M | 786.58M | 733.45M | 738.84M | 699.24M | 661.1M | 506.17M | 358.01M | 309.26M | 300.62M | 275.64M | 260.7M |
| Equity Growth % | -29% | -2.6% | -0.43% | 9.85% | 10.46% | 9.16% | 16.07% | 10.64% | 13.41% | 18.98% | 44.9% | 106.38% | 126.1% | 119.91% | 83.64% | 37.33% | 11.99% | 1.99% | -36.31% | -39.96% |
| Book Value per Share | 3.00 | 4.04 | 4.10 | 4.34 | 4.36 | 4.29 | 4.24 | 4.08 | 3.98 | 3.98 | 3.75 | 3.77 | 3.68 | 3.70 | 3.34 | 2.74 | 2.49 | 2.44 | 2.27 | 2.63 |
| Total Shareholders' Equity | 621.98M | 836.28M | 847.66M | 897.9M | 875.97M | 858.64M | 851.31M | 817.42M | 793.01M | 786.58M | 733.45M | 738.84M | 699.24M | 661.1M | 506.17M | 358.01M | 309.26M | 300.62M | 275.64M | 260.7M |
| Common Stock | 209.4K | 207.66K | 207.22K | 206.54K | 206.51K | 198.56K | 198.2K | 198.17K | 197.93K | 196.84K | 195.38K | 195.35K | 180.63K | 175.53K | 131.59K | 107.24K | 100.19K | 100.19K | 99.36K | 99.35K |
| Retained Earnings | -191.57M | 23.29M | 36.14M | 87.77M | 67.13M | 58.02M | 52.36M | 18.49M | -3.93M | -9.45M | -60.35M | -52.81M | -81.6M | -114.31M | -128.81M | -203.89M | -245.84M | -252.95M | -277.06M | -291.22M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |