Ring Energy Net Worth
Ring Energy Net Worth Breakdown | REI |
Ring Energy Net Worth Analysis
Ring Energy's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Ring Energy's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Ring Energy's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Ring Energy's net worth analysis. One common approach is to calculate Ring Energy's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Ring Energy's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Ring Energy's net worth. This approach calculates the present value of Ring Energy's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Ring Energy's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Ring Energy's net worth. This involves comparing Ring Energy's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Ring Energy's net worth relative to its peers.
Enterprise Value |
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To determine if Ring Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ring Energy's net worth research are outlined below:
| Ring Energy generated a negative expected return over the last 90 days | |
| Ring Energy may become a speculative penny stock | |
| Ring Energy has high historical volatility and very poor performance | |
| Ring Energy has 430.02 M in debt with debt to equity (D/E) ratio of 0.76, which is OK given its current industry classification. Ring Energy has a current ratio of 0.47, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ring to invest in growth at high rates of return. | |
| About 12.0% of Ring Energy outstanding shares are owned by corporate insiders | |
| Latest headline from prnewswire.com: REI Capital Growth Receives SEC Qualification for Regulation A Offering |
Ring Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ring Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ring Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Follow Ring Energy's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 305.22 M.Market Cap |
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Project Ring Energy's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.11 | 0.11 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.13 | 0.14 |
When accessing Ring Energy's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Ring Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ring Energy's profitability and make more informed investment decisions.
Evaluate Ring Energy's management efficiency
Ring Energy has Return on Asset of 0.0829 % which means that on every $100 spent on assets, it made $0.0829 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1422 %, implying that it generated $0.1422 on every 100 dollars invested. Ring Energy's management efficiency ratios could be used to measure how well Ring Energy manages its routine affairs as well as how well it operates its assets and liabilities. The Ring Energy's current Return On Tangible Assets is estimated to increase to 0.07. The Ring Energy's current Return On Capital Employed is estimated to increase to 0.11. As of now, Ring Energy's Non Currrent Assets Other are decreasing as compared to previous years. The Ring Energy's current Net Tangible Assets is estimated to increase to about 798.3 M, while Other Current Assets are projected to decrease to under 7.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.13 | 3.16 | |
| Tangible Book Value Per Share | 4.13 | 3.16 | |
| Enterprise Value Over EBITDA | 2.96 | 3.11 | |
| Price Book Value Ratio | 0.35 | 0.34 | |
| Enterprise Value Multiple | 2.96 | 3.11 | |
| Price Fair Value | 0.35 | 0.34 | |
| Enterprise Value | 708 M | 743.4 M |
Ring Energy benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Enterprise Value Revenue 1.833 | Revenue 365.6 M | Quarterly Revenue Growth (0.04) | Revenue Per Share 1.853 | Return On Equity 0.1422 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ring Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ring Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ring Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ring Energy time-series forecasting models is one of many Ring Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ring Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Ring Energy Earnings per Share Projection vs Actual
Ring Energy Corporate Executives
Elected by the shareholders, the Ring Energy's board of directors comprises two types of representatives: Ring Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ring. The board's role is to monitor Ring Energy's management team and ensure that shareholders' interests are well served. Ring Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ring Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Broaddrick | CFO, VP, Treasurer and Corporate Secretary | Profile |
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.