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Ring Energy stock: balance sheet and debt

REI
$1.20Closing price of 12 Nov 2026MEQIRI Score 43 out of 100

Ring Energy has a debt to equity ratio of 0.51.

Daily figure as of 13 Nov 2026

Debt / Equity
0.51
Interest coverage
0x
Current ratio
0.61
Cash & equivalents
$902.91K
Total assets
$1.51B
Equity ratio
55.3%
Goodwill
not reported separately
Net debt
$422.33M

Total assets and equity ratio

How large the balance sheet of Ring Energy, Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$21.85Knot reported separatelynot reported separately20.3%−$11.75K
2007$734not reported separatelynot reported separately−8,020.7%$56.07K
2008$1.39Mnot reported separatelynot reported separately99.9%−$87.3K
2009$1.03Mnot reported separatelynot reported separately98.0%−$993.86K
2010$939.8Knot reported separatelynot reported separately99.3%−$931.1K
2011$5.28Mnot reported separatelynot reported separately99.9%$4.78M
2012$28.51Mnot reported separatelynot reported separately91.9%−$5.4M
2013$111.72Mnot reported separatelynot reported separately91.8%−$52.35M
2014$167.64Mnot reported separatelynot reported separately85.0%−$8.62M
2015$250.87Mnot reported separatelynot reported separately74.2%$41.47M
2016$307.6Mnot reported separatelynot reported separately94.5%−$71.09M
2017$414.1Mnot reported separatelynot reported separately86.1%−$15.01M
2018$567.07Mnot reported separatelynot reported separately81.6%$36.14M
2019$973.01Mnot reported separatelynot reported separately53.8%$359.07M
2020$663.46Mnot reported separatelynot reported separately44.4%$311.34M
2021$684.16Mnot reported separatelynot reported separately43.9%$290.27M
2022$1.27Bnot reported separatelynot reported separately52.1%$415.42M
2023$1.38Bnot reported separatelynot reported separately57.1%$429.72M
2024$1.41Bnot reported separatelynot reported separately61.0%$387.24M
2025$1.51Bnot reported separatelynot reported separately55.3%$422.33M

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$21.85K$4.44K$10.1K2.27
2007$734−$58.87K$56.8K−0.96
2008$87.3K$1.39M$00
2009$993.86K$1.01M$00
2010$931.1K$933.17K$00
2011$4.42M$5.28M$9.2M1.74
2012$5.4M$26.2M$00
2013$52.35M$102.61M$00
2014$8.62M$142.54M$00
2015$4.43M$186.23M$45.9M0.25
2016$71.09M$290.54M$00
2017$15.01M$356.6M$00
2018$3.36M$462.6M$39.5M0.09
2019$10M$523.51M$369.07M0.7
2020$3.58M$294.77M$314.92M1.07
2021$2.41M$300.62M$292.68M0.97
2022$3.71M$661.1M$419.13M0.63
2023$296.38K$786.58M$430.02M0.55
2024$1.87M$858.64M$389.1M0.45
2025$902.91K$836.28M$423.24M0.51

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 8 May 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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