Ring Energy Inc Stock Net Income
| RNGE Stock | 0.14 0.01 6.67% |
Fundamental analysis of RING ENERGY allows traders to better anticipate movements in RING ENERGY's stock price by examining its financial health and performance throughout various phases of its business cycle.
RING |
RING ENERGY INC OTC Stock Net Income Analysis
RING ENERGY's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current RING ENERGY Net Income | (2.35 M) |
Most of RING ENERGY's fundamental indicators, such as Net Income, 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.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, RING ENERGY INC reported net income of (2.35 Million). This is much lower than that of the sector and significantly lower than that of the Net Income industry. The net income for all United States stocks is notably higher than that of the company.
RING Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RING ENERGY's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of RING ENERGY could also be used in its relative valuation, which is a method of valuing RING ENERGY by comparing valuation metrics of similar companies.RING ENERGY is currently under evaluation in net income category among its peers.
RING Fundamentals
| Return On Asset | -5.24 | |||
| Profit Margin | (66.66) % | |||
| Operating Margin | (74.41) % | |||
| Current Valuation | 253.39 M | |||
| Shares Outstanding | 17.8 M | |||
| Price To Book | 5.83 X | |||
| Price To Sales | 74.37 X | |||
| Revenue | 3.53 M | |||
| Gross Profit | 888.49 K | |||
| EBITDA | (1.52 M) | |||
| Net Income | (2.35 M) | |||
| Cash And Equivalents | 18.43 M | |||
| Cash Per Share | 1.03 X | |||
| Total Debt | 5 M | |||
| Debt To Equity | 0.61 % | |||
| Current Ratio | 9.35 X | |||
| Cash Flow From Operations | 1.85 M | |||
| Earnings Per Share | (0.18) X | |||
| Beta | 0.61 | |||
| Market Capitalization | 271.82 M | |||
| Total Asset | 48.49 M | |||
| Retained Earnings | (7.84 M) | |||
| Working Capital | 16.96 M | |||
| Current Asset | 18.99 M | |||
| Current Liabilities | 2.03 M | |||
| Z Score | 32.4 |
About RING ENERGY Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RING ENERGY INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RING ENERGY using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RING ENERGY INC based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
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.