Ring Energy Balance Sheet - Quarterly (NYSEMKT:REI)
The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Ring Energy stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Ring Energy stock analysis. Quarterly results are typically accompanied with the company releasing financial statements. The Ring Energy balance sheet for 2017 Q4 shows total assets of $414.1M. The company has a asset turnover ratio of 0.23. Also see: Ring Energy revenue and Ring Energy operating cash flow for the same quarter.
View and download Ring Energy quarterly results to get the balance sheet details for the latest 40 quarters data.| Fiscal year is Jan - Dec | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 |
| Cash | 15M | 40.87M | 12.13M | 55.41M | 71.08M | 2.24M | 8.32M | 3.81M | 4.43M | 3.11M |
| Marketable Securities | - | - | - | - | - | - | - | - | - | - |
| Receivables | 13.88M | 8.51M | 8.85M | 5.02M | 3.9M | 3.57M | 3.71M | 3.23M | 4.13M | 5.38M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Raw Materials | - | - | - | - | - | - | - | - | - | - |
| Work In Progress | - | - | - | - | - | - | - | - | - | - |
| Finished Goods | - | - | - | - | - | - | - | - | - | - |
| Notes Receivable | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - | - | - | - | - | - |
Total Current Assets | 29.12M | 49.71M | 21.41M | 60.57M | 75.22M | 6.15M | 12.47M | 7.21M | 8.71M | 8.82M |
| Property Plant & Equipment | 435.47M | 376.72M | 338.65M | 284.74M | 253.26M | 237.22M | 232.77M | 253.65M | 271.13M | 268.51M |
| Accumulated Depreciation | 61.86M | 54.78M | 49.95M | 44.82M | 41.34M | 38.4M | 35.83M | 33.25M | 29.86M | 26.21M |
Net Property Plant & Equipment | 373.61M | 321.94M | 288.69M | 239.92M | 211.91M | 198.81M | 196.93M | 220.4M | 241.26M | 242.3M |
| Investment & Advances | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - |
| Deferred Charges | 11.36M | 18.38M | 19.82M | 20.64M | 20.45M | 22.36M | 19.16M | 9.64M | - | - |
| Intangibles | - | - | - | - | - | - | - | - | - | - |
| Deposits & Other Assets | - | - | - | - | - | - | - | - | - | - |
Total Assets | 414.1M | 390.11M | 329.93M | 321.15M | 307.59M | 227.33M | 228.57M | 237.25M | 250.86M | 251.87M |
| Notes Payable | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | 44.47M | 21.22M | 24.52M | 18.56M | 9.09M | 7.43M | 3.55M | 7.24M | 11.02M | 7.52M |
| Current Portion Long-Term Debt | - | - | - | - | - | - | - | - | - | - |
| Current Portion Capital Leases | - | - | - | - | - | - | - | - | - | - |
| Accrued Expenses | - | - | - | - | - | - | - | - | - | - |
| Income Taxes Payable | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 3.96M | - | - | - | - | - | - | - | - | - |
Total Current Liabilities | 48.44M | 21.63M | 24.52M | 18.56M | 9.09M | 7.43M | 3.55M | 7.24M | 11.33M | 7.52M |
| Mortgages | - | - | - | - | - | - | - | - | - | - |
| Deferred Taxes/Income | - | - | - | - | - | - | - | - | - | 4.08M |
| Convertible Debt | - | - | - | - | - | - | - | - | - | - |
| Long-Term Debt | - | - | - | - | - | - | - | 50.9M | 45.9M | 40.9M |
| Non-Current Capital Leases | - | - | - | - | - | - | - | - | - | - |
| Other Long-Term Liabilities | 9.05M | 8.2M | 8.43M | 8.32M | 7.95M | 8M | 7.72M | 7.54M | 7.4M | 6.26M |
Total Liabilities | 57.49M | 29.84M | 32.95M | 26.89M | 17.05M | 15.43M | 11.27M | 65.69M | 64.63M | 58.77M |
| Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Preferred Stock | - | - | - | - | - | - | - | - | - | - |
| Common Stock Net | - | - | - | - | - | - | - | - | - | - |
| Capital Surplus | 397.9M | 397.06M | 336.84M | 336.04M | 335.19M | 256.08M | 255.53M | 193.87M | 193.26M | 192.65M |
| Retained Earnings | -41.35M | -36.84M | -39.91M | -41.83M | -44.7M | -44.22M | -38.28M | -22.34M | -7.06M | - |
| Treasury Stock | - | - | - | - | - | - | - | - | - | - |
| Other Liabilities | - | - | - | - | - | - | - | - | - | - |
| Shareholders Equity | 356.6M | 360.26M | 296.97M | 294.26M | 290.54M | 211.89M | 217.29M | 171.56M | 186.23M | 193.09M |
| Total Liabilities & Shareholders Equity | 414.1M | 390.11M | 329.93M | 321.15M | 307.59M | 227.33M | 228.57M | 237.25M | 250.86M | 251.87M |
The latest Ring Energy stock price, and Ring Energy historical stock prices show the stock price movement over time, and the Ring Energy PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:
- Assets: Anything that the Ring Energy company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Ring Energy had total assets of $414.1M.
- Liabilities include short term loans and long term loans availed by the company to fund its business operations. REI stock had total liabilities of $57.49M for the quarter 2017 Q4.