Ring Energy
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Ring Energy's balance sheet done over the years? Its assets were worth $1,376,496,392 last year, which is more than in the previous period. 43% of Ring Energy’s total assets is currently financed by debt. Its liabilities reached the amount of $589,913,492, which means an decrease by -3% compared compared to last year.
Debt to Assets
| 2014 | 167641460 | 25.09M | 14.97% |
|---|---|---|---|
| 2015 | 250866245 | 64.63M | 25.76% |
| 2016 | 307597399 | 17.05M | 5.55% |
| 2017 | 414102486 | 57.49M | 13.89% |
| 2018 | 567065659 | 104.46M | 18.42% |
| 2019 | 973006148 | 449.49M | 46.2% |
| 2020 | 663456197 | 368.69M | 55.57% |
| 2021 | 684157329 | 383.53M | 56.06% |
| 2022 | 1268999797 | 607.89M | 47.9% |
| 2023 | 1376496392 | 589.91M | 42.86% |
REI Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 296.38K | 3.71M | 2.40M | 3.57M | 10.00M | 3.36M | 15.00M | 71.08M | 4.43M | 8.62M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 41.38M | 43.43M | 26.46M | 16.82M | 24.72M | 13.22M | 13.88M | 3.90M | 4.13M | 6.30M |
Inventory | 6.13M | 9.25M | -937.09M | 1 | -5.89B | 0 | 1 | 0 | 0 | 1 |
Other current assets | 8.09M | 2.10M | 938.02M | 396.10K | 5.89B | 258.90K | 229.43K | 226.83K | 292.23K | 160.6K |
Total current assets | 55.91M | 63.16M | 29.80M | 20.79M | 38.70M | 16.84M | 29.12M | 75.22M | 8.71M | 15.08M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.29B | 1.18B | 652.63M | 642.65M | 931.08M | 542.01M | 373.61M | 211.91M | 241.26M | 152.55M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 6.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 24.66M | -8.47B | -88.57M | -5.35M | -5.43B | 424.06K | 135.34K | 406.02K | 820.90K | 0 |
Total non-current assets | 1.32B | 1.20B | 654.35M | 642.65M | 934.29M | 550.22M | 384.97M | 232.37M | 242.15M | 152.55M |
Total assets | 1.37B | 1.26B | 684.15M | 663.45M | 973.00M | 567.06M | 414.10M | 307.59M | 250.86M | 167.64M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 2.05M | 1.60M | 1.19M | 1.15M | 1.45M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 113.80M | 141.15M | 76.66M | 36.94M | 59.09M | 51.91M | 48.44M | 9.09M | 11.33M | 16.26M |
| Non-current liabilities: | ||||||||||
Long term debt | 427.96M | 417.52M | 291.48M | 313.76M | 367.61M | 39.5M | 0 | 0 | 45.9M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 48.14M | 40.71M | 15.29M | 17.98M | 16.78M | 13.05M | 9.05M | 7.95M | 7.40M | 3.89M |
Total non-current liabilities | 476.10M | 466.73M | 306.86M | 331.74M | 390.40M | 52.55M | 9.05M | 7.95M | 53.30M | 8.83M |
Total liabilities | 589.91M | 607.89M | 383.53M | 368.69M | 449.49M | 104.46M | 57.49M | 17.05M | 64.63M | 25.09M |
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