Ring Other Liab from 2010 to 2024

REI Stock  USD 1.60  0.01  0.63%   
Ring Energy's Other Liabilities is increasing with slightly volatile movements from year to year. Other Liabilities is estimated to finish at about 59.4 M this year. For the period between 2010 and 2024, Ring Energy, Other Liabilities quarterly trend regression had mean deviation of  15,692,420 and range of 59.4 M. View All Fundamentals
 
Other Liabilities  
First Reported
2012-06-30
Previous Quarter
49.2 M
Current Value
43.2 M
Quarterly Volatility
41 M
 
Yuan Drop
 
Covid
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 46.1 M, Other Operating Expenses of 226 M or Operating Income of 153.1 M, as well as many indicators such as Price To Sales Ratio of 0.73, 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.
  
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.

Latest Ring Energy's Other Liab Growth Pattern

Below is the plot of the Other Liab of Ring Energy over the last few years. It is Ring Energy's Other Liabilities 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.
Other Liab10 Years Trend
Slightly volatile
   Other Liab   
       Timeline  

Ring Other Liab Regression Statistics

Arithmetic Mean17,661,498
Geometric Mean0.00
Coefficient Of Variation116.66
Mean Deviation15,692,420
Median9,055,697
Standard Deviation20,604,415
Sample Variance424.5T
Range59.4M
R-Value0.88
Mean Square Error105.7T
R-Squared0.77
Significance0.000018
Slope4,039,495
Total Sum of Squares5943.6T

Ring Other Liab History

202459.4 M
202356.6 M
202249.2 M
202115.4 M
202018 M
201922.8 M
201813.1 M

About Ring Energy Financial Statements

Investors use fundamental indicators, such as Ring Energy's Other Liab, 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
Other Liabilities56.6 M59.4 M

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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. 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
(0.26)
Earnings Share
0.57
Revenue Per Share
1.853
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0829
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.