Ring Historical Financial Ratios
REI Stock | USD 1.59 0.05 3.25% |
Ring Energy is promptly reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 3.16, Free Cash Flow Yield of 0.16, Invested Capital of 0.0 or Operating Cash Flow Per Share of 1.09 will help investors to properly organize and evaluate Ring Energy financial condition quickly.
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About Ring Financial Ratios Analysis
Ring EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Ring Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Ring financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Ring Energy history.
Ring Energy Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Ring Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ring Energy sales, a figure that is much harder to manipulate than other Ring Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Most ratios from Ring Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Ring Energy current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ring Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.As of now, Ring Energy's Free Cash Flow Per Share is increasing as compared to previous years. The Ring Energy's current ROIC is estimated to increase to 0.14, while Price To Sales Ratio is projected to decrease to 0.73.
2021 | 2022 | 2023 (projected) | Days Sales Outstanding | 49.2 | 45.65 | 41.84 | PTB Ratio | 0.75 | 0.45 | 0.35 |
Ring Energy fundamentals Correlations
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Ring Energy Account Relationship Matchups
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Ring Energy fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.9 | 0.43 | 1.15 | 0.86 | 0.77 | 0.73 | |
Ptb Ratio | 0.65 | 0.34 | 0.16 | 0.75 | 0.45 | 0.35 | |
Days Sales Outstanding | 46.11 | 54.33 | 49.2 | 45.65 | 41.84 | 39.75 | |
Book Value Per Share | 7.86 | 4.04 | 3.02 | 5.45 | 4.13 | 3.16 | |
Operating Cash Flow Per Share | 1.6 | 0.99 | 0.73 | 1.62 | 1.04 | 1.09 | |
Stock Based Compensation To Revenue | 0.0158 | 0.0477 | 0.0123 | 0.0206 | 0.0245 | 0.0232 | |
Capex To Depreciation | 2.47 | 0.14 | 0.46 | 2.4K | 1.72 | 1.64 | |
Pb Ratio | 0.65 | 0.34 | 0.16 | 0.75 | 0.45 | 0.35 | |
Ev To Sales | 2.73 | 3.18 | 2.63 | 2.06 | 1.96 | 1.86 | |
Free Cash Flow Per Share | (0.73) | 0.39 | 0.2 | 0.54 | 0.23 | 0.24 | |
Roic | 0.046 | 0.0142 | 0.16 | 0.17 | 0.12 | 0.14 | |
Net Income Per Share | 0.44 | (3.48) | 0.0334 | 1.14 | 0.55 | 0.58 | |
Days Of Inventory On Hand | (18.7K) | 4.0E-6 | (4.1K) | 26.57 | 19.41 | 20.38 | |
Payables Turnover | 1.4 | 2.1 | 2.66 | 1.81 | 1.11 | 1.19 | |
Sales General And Administrative To Revenue | 0.1 | 0.15 | 0.0819 | 0.0791 | 0.0808 | 0.0768 | |
Capex To Revenue | 0.79 | 0.39 | 0.27 | 0.38 | 0.43 | 0.41 | |
Cash Per Share | 0.15 | 0.0491 | 0.0242 | 0.0306 | 0.001555 | 0.001477 | |
Pocfratio | 1.65 | 0.67 | 3.12 | 1.51 | 1.4 | 1.47 | |
Interest Coverage | 4.34 | 0.5 | 6.61 | 8.28 | 3.32 | 3.48 | |
Capex To Operating Cash Flow | 1.46 | 0.61 | 0.73 | 0.67 | 0.78 | 0.82 | |
Days Payables Outstanding | 173.78 | 137.29 | 201.53 | 320.0 | 329.18 | 312.72 | |
Income Quality | 3.61 | (0.28) | 21.89 | 1.42 | 1.89 | 3.05 | |
Roe | 0.0563 | (0.86) | 0.0111 | 0.21 | 0.13 | 0.14 | |
Ev To Operating Cash Flow | 5.02 | 4.98 | 7.11 | 3.62 | 3.57 | 3.75 | |
Pe Ratio | 5.96 | (0.19) | 68.19 | 2.15 | 2.65 | 2.79 | |
Return On Tangible Assets | 0.0303 | (0.38) | 0.004857 | 0.11 | 0.0708 | 0.0744 | |
Ev To Free Cash Flow | (10.93) | 12.69 | 26.52 | 10.85 | 16.48 | 17.31 | |
Earnings Yield | 0.17 | (5.27) | 0.0147 | 0.46 | 0.38 | 0.4 | |
Net Debt To E B I T D A | 3.14 | (1.57) | 5.2 | 1.83 | 1.8 | 1.89 | |
Current Ratio | 0.66 | 0.56 | 0.39 | 0.45 | 0.49 | 0.47 | |
Tangible Book Value Per Share | 7.86 | 4.04 | 3.02 | 5.5 | 4.13 | 3.16 | |
Receivables Turnover | 7.92 | 6.72 | 7.42 | 8.0 | 8.72 | 4.98 | |
Graham Number | 8.85 | 17.79 | 1.51 | 11.84 | 7.15 | 4.02 | |
Shareholders Equity Per Share | 7.86 | 4.04 | 3.02 | 5.45 | 4.13 | 3.16 | |
Debt To Equity | 0.7 | 1.06 | 0.97 | 0.63 | 0.54 | 0.85 | |
Capex Per Share | 2.34 | 0.6 | 0.54 | 1.08 | 0.81 | 0.77 |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ring Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. 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.