Ring Energy, Inc. (FRA:KWE1)

Ring Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	0.29	1.87	0.3	3.71	2.41	3.58
Cash & Short-Term Investments	0.29	1.87	0.3	3.71	2.41	3.58
Cash Growth	-	529.72%	-92.02%	54.15%	-32.70%	-64.23%
Receivables	35.42	37.26	41.39	43.43	26.46	16.33
Inventory	4.99	4.05	6.14	9.25	-	-
Prepaid Expenses	2.28	1.78	1.87	2.1	0.94	0.4
Other Current Assets	12.85	5.5	6.22	4.67	-	0.5
Total Current Assets	55.83	50.45	55.91	63.17	29.81	20.8
Property, Plant & Equipment	1,365	1,344	1,296	1,182	652.64	640.28
Long-Term Deferred Charges	10.03	8.15	13.03	17.9	1.71	2.38
Other Long-Term Assets	4.23	5.47	11.63	6.13	-	-
Total Assets	1,435	1,408	1,376	1,269	684.16	663.46
Accounts Payable	86.46	95.73	104.06	111.4	46.23	32.5
Short-Term Debt	1	0.5	0.53	0.5	0.59	-
Current Portion of Leases	1.36	1.55	1.52	1.11	0.61	1.15
Current Income Taxes Payable	0.31	0.33	-	-	-	-
Other Current Liabilities	12.5	6.93	7.69	28.79	29.24	3.29
Total Current Liabilities	101.62	105.04	113.81	141.79	76.67	36.94
Long-Term Debt	428	385	425	415	290	313
Long-Term Leases	1.49	2.05	2.96	2.53	1.48	0.76
Long-Term Deferred Tax Liabilities	24.62	28.59	8.55	8.5	0.09	-
Other Long-Term Liabilities	31.29	28.78	39.59	40.08	15.29	17.99
Total Liabilities	587.02	549.46	589.91	607.9	383.53	368.69
Common Stock	0.21	0.2	0.2	0.18	0.1	0.09
Additional Paid-In Capital	811.31	800.42	795.83	775.24	553.47	550.95
Retained Earnings	36.14	58.02	-9.45	-114.31	-252.95	-256.27
Shareholders' Equity	847.66	858.64	786.58	661.1	300.62	294.77
Total Liabilities & Equity	1,435	1,408	1,376	1,269	684.16	663.46
Total Debt	431.85	389.1	430.02	419.13	292.68	314.92
Net Cash (Debt)	-431.56	-387.24	-429.72	-415.42	-290.27	-311.34
Net Cash Per Share	-2.13	-1.93	-2.20	-2.93	-2.40	-4.27
Filing Date Shares Outstanding	207.22	199.96	197.93	180.63	100.19	99.18
Total Common Shares Outstanding	207.22	198.56	196.84	175.53	100.19	85.57
Working Capital	-45.8	-54.59	-57.9	-78.63	-46.86	-16.14
Book Value Per Share	4.09	4.32	4.00	3.77	3.00	3.44
Tangible Book Value	847.66	858.64	786.58	661.1	300.62	294.77
Tangible Book Value Per Share	4.09	4.32	4.00	3.77	3.00	3.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.