Ring Net Income from 2010 to 2026

REI Stock  USD 1.37  0.03  2.24%   
Ring Energy's Net Income is increasing with slightly volatile movements from year to year. Net Income is estimated to finish at about 81.5 M this year. For the period between 2010 and 2026, Ring Energy, Net Income quarterly trend regression had median of  3,322,892 and r-value of  0.34. View All Fundamentals
 
Net Income  
First Reported
2006-12-31
Previous Quarter
20.6 M
Current Value
-51.6 M
Quarterly Volatility
29.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Ring Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ring Energy's main balance sheet or income statement drivers, such as Interest Expense of 52.3 M, Other Operating Expenses of 281.9 M or Operating Income of 160.5 M, as well as many indicators such as Price To Sales Ratio of 0.8, Dividend Yield of 0.0 or PTB Ratio of 0.34. Ring financial statements analysis is a perfect complement when working with Ring Energy Valuation or Volatility modules.
  
Build AI portfolio with Ring Stock
Check out the analysis of Ring Energy Correlation against competitors.
For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.
The Net Income trend for Ring Energy offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Ring Energy is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Ring Energy's Net Income Growth Pattern

Below is the plot of the Net Income of Ring Energy over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Ring Energy financial statement analysis. It represents the amount of money remaining after all of Ring Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Ring Energy's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ring Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 67.47 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Ring Net Income Regression Statistics

Arithmetic Mean12,908,972
Coefficient Of Variation646.24
Mean Deviation49,655,760
Median3,322,892
Standard Deviation83,422,355
Sample Variance6959.3T
Range392M
R-Value0.34
Mean Square Error6564.1T
R-Squared0.12
Significance0.18
Slope5,620,021
Total Sum of Squares111348.6T

Ring Net Income History

202681.5 M
202577.6 M
202467.5 M
2023104.9 M
2022138.6 M
20213.3 M
2020-253.4 M

Other Fundumenentals of Ring Energy

Ring Energy Net Income component correlations

About Ring Energy Financial Statements

Investors use fundamental indicators, such as Ring Energy's Net Income, to determine how well the company is positioned to perform in the future. Although Ring Energy's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Income77.6 M81.5 M
Net Income From Continuing Ops77.6 M81.5 M
Net Income Applicable To Common Shares77.6 M81.5 M
Net Income Per Share 0.31  0.32 
Net Income Per E B T 0.88  0.90 

Currently Active Assets on Macroaxis

When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:
Check out the analysis of Ring Energy Correlation against competitors.
For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is there potential for Oil & Gas Exploration & Production market expansion? Will Ring introduce new products? Factors like these will boost the valuation of Ring Energy. Anticipated expansion of Ring directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
(0.09)
Revenue Per Share
1.523
Quarterly Revenue Growth
(0.12)
Return On Assets
0.042
Investors evaluate Ring Energy using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Ring Energy's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Ring Energy's market price to deviate significantly from intrinsic value.
It's important to distinguish between Ring Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ring Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Ring Energy's market price signifies the transaction level at which participants voluntarily complete trades.