Ring Energy
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Ring Energy generated cash of $198,170,459, which is more than the previous year. Cash used in financing activities reached the amount of $20,986,687 last year. Net change in cash is therefore -$3,416,142.
Cash Flow
| 2014 | 33.74M | -106.20M | 28.72M |
|---|---|---|---|
| 2015 | 9.84M | -110.10M | 96.07M |
| 2016 | 11.21M | -38.33M | 93.78M |
| 2017 | 42.80M | -157.91M | 59.02M |
| 2018 | 70.35M | -203.42M | 121.42M |
| 2019 | 106.61M | -423.04M | 323.06M |
| 2020 | 72.15M | -43.83M | -34.75M |
| 2021 | 72.73M | -51.23M | -22.66M |
| 2022 | 196.97M | -308.88M | 113.20M |
| 2023 | 198.17M | -222.57M | 20.98M |
REI Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.71M | 2.40M | 3.57M | 10.00M | 3.36M | 15.00M | 71.08M | 4.43M | 8.62M | 52.35M |
Operating activities | ||||||||||
Net income | 104.86M | 138.63M | 3.32M | -253.41M | 29.49M | 8.99M | 1.75M | -37.63M | -9.05M | 8.42M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 88.61M | 55.74K | 114.84M | 319.64M | 63.05M | 39.02M | 20.51M | 11.48M | 15.17M | 11.80M |
Stock-based compensation expense | 8.83M | 7.16M | 2.41M | 5.36M | 3.08M | 0 | 3.68M | 2.26M | 2.56M | 2.51M |
| Deferred income tax benefit | 8.83M | 7.16M | 2.41M | 5.36M | 3.08M | 0 | 3.68M | 2.26M | 2.56M | 2.51M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 1.15M | -17.21M | -9.48M | 7.89M | -10.03M | 666.28K | -9.98M | 229.32K | 2.16M | -2.41M |
Inventories | 3.11M | -5.59M | 0 | 0 | -582.70K | 259.63K | 1.03M | 574.76K | 0 | 0 |
Accounts payable | -1.45M | 50.80M | 15.44M | -8.38M | 12.32M | 4.43M | 12.37M | -2.23M | -4.92M | 9.03M |
Cash generated by operating activities | 198.17M | 196.97M | 72.73M | 72.15M | 106.61M | 70.35M | 42.80M | 11.21M | 9.84M | 33.74M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -155.21M | -131.21M | -53.23M | -43.83M | -155.52M | -203.52M | -157.91M | -38.33M | -109.66M | -106.16M |
Acquisitions Net | -80.73M | -177.82M | 2M | 0 | -276.06M | 0 | 0 | 0 | 0 | 0 |
Cash generated by investing activities | -222.57M | -308.88M | -51.23M | -43.83M | -423.04M | -203.42M | -157.91M | -38.33M | -110.10M | -106.20M |
Financing activities | ||||||||||
Common Stock Issued | 12.30M | 8.20M | 367.50K | 19.38M | 0 | 81.82M | 59.02M | 139.56M | 50.03M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | -385.33K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 9.25M | 124.41M | -84.18M | -75.28M | 326.84M | 0 | 0 | -52.9M | 45.9M | 0 |
Cash used in financing activities | 20.98M | 113.20M | -22.66M | -34.75M | 323.06M | 121.42M | 59.02M | 93.78M | 96.07M | 28.72M |
Net Change In Cash | -3.41M | 1.30M | -1.17M | -6.42M | 6.64M | -11.64M | -56.07M | 66.65M | -4.19M | -43.72M |
Cash at end of period | 296.38K | 3.71M | 2.40M | 3.57M | 10.00M | 3.36M | 15.00M | 71.08M | 4.43M | 8.62M |
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