RING Financial Statements From 2010 to 2025
| RNGE Stock | 0.14 0.01 6.67% |
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 , as well as many indicators such as . RING financial statements analysis is a perfect complement when working with RING ENERGY Valuation or Volatility modules.
RING |
RING ENERGY INC OTC Stock Return On Asset Analysis
RING ENERGY's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current RING ENERGY Return On Asset | -5.24 |
Most of RING ENERGY's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RING ENERGY INC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, RING ENERGY INC has a Return On Asset of -5.24. This is much lower than that of the sector and significantly lower than that of the Return On Asset industry. The return on asset for all United States stocks is notably higher than that of the company.
RING ENERGY INC Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining RING ENERGY's current stock value. Our valuation model uses many indicators to compare RING ENERGY value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across RING ENERGY competition to find correlations between indicators driving RING ENERGY's intrinsic value. More Info.RING ENERGY INC is rated below average in return on asset category among its peers. It is rated second in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the RING ENERGY's earnings, one of the primary drivers of an investment's value.About RING ENERGY Financial Statements
RING ENERGY stakeholders use historical fundamental indicators, such as RING ENERGY's revenue or net income, to determine how well the company is positioned to perform in the future. Although RING ENERGY investors may analyze each financial statement separately, they are all interrelated. For example, changes in RING ENERGY's assets and liabilities are reflected in the revenues and expenses on RING ENERGY's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in RING ENERGY INC. Please read more on our technical analysis and fundamental analysis pages.
Ring Energy, Inc. engages in the exploration, development, and production of oil and gas in Texas and Kansas.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in RING OTC Stock
RING ENERGY financial ratios help investors to determine whether RING OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RING with respect to the benefits of owning RING ENERGY security.