Equities

Ring Energy Inc

Ring Energy Inc

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EnergyOil, Gas and Coal
  • Price (USD)1.55
  • Today's Change-0.19 / -10.92%
  • Shares traded3.19m
  • 1 Year change+10.71%
  • Beta1.6113
Data delayed at least 15 minutes, as of Nov 09 2024 01:00 GMT.
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Inc stmt in USDIncome statement in USDView more

Year on year Ring Energy Inc had net income fall -24.36% from 138.64m to 104.86m despite a 3.98% increase in revenues from 347.25m to 361.06m. An increase in the selling, general and administrative costs as a percentage of sales from 21.64% to 27.67% was a component in the falling net income despite rising revenues.
Gross margin93.38%
Net profit margin29.44%
Operating margin39.23%
Return on assets8.16%
Return on equity14.22%
Return on investment8.97%
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Cash flow in USDView more

In 2023, cash reserves at Ring Energy Inc fell by 3.42m. However, the company earned 198.17m from its operations for a Cash Flow Margin of 54.89%. In addition the company generated 20.99m cash from financing while 222.57m was spent on investing.
Cash flow per share1.06
Price/Cash flow per share1.45
Book value per share4.30
Tangible book value per share4.30
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Balance sheet in USDView more

Ring Energy Inc has a Debt to Total Capital ratio of 31.66%, a lower figure than the previous year's 58.45%.
Current ratio0.5412
Quick ratio0.4938
Total debt/total equity0.4632
Total debt/total capital0.3166
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Growth rates in USD

Year on year, growth in earnings per share excluding extraordinary items dropped -45.12%. Additionally, five year annualized earnings per share growth ranks above the industry average relative to its peers.
EPS growth(5 years)29.41
EPS (TTM) vs
TTM 1 year ago
53.16
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