Ring Energy Statistics
Total Valuation
Ring Energy has a market cap or net worth of $247.75 million. The enterprise value is $644.24 million.
Important Dates
The last earnings date was Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Ring Energy has 198.20 million shares outstanding. The number of shares has increased by 6.95% in one year.
| Current Share Class | 198.20M |
| Shares Outstanding | 198.20M |
| Shares Change (YoY) | +6.95% |
| Shares Change (QoQ) | +0.15% |
| Owned by Insiders (%) | 12.30% |
| Owned by Institutions (%) | 31.99% |
| Float | 138.30M |
Valuation Ratios
The trailing PE ratio is 2.21 and the forward PE ratio is 3.75.
| PE Ratio | 2.21 |
| Forward PE | 3.75 |
| PS Ratio | 0.67 |
| Forward PS | 0.69 |
| PB Ratio | 0.29 |
| P/TBV Ratio | 0.29 |
| P/FCF Ratio | 5.64 |
| P/OCF Ratio | 1.22 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 2.27, with an EV/FCF ratio of 14.66.
| EV / Earnings | 5.72 |
| EV / Sales | 1.76 |
| EV / EBITDA | 2.27 |
| EV / EBIT | 3.51 |
| EV / FCF | 14.66 |
Financial Position
The company has a current ratio of 0.54, with a Debt / Equity ratio of 0.47.
| Current Ratio | 0.54 |
| Quick Ratio | 0.39 |
| Debt / Equity | 0.47 |
| Debt / EBITDA | 1.37 |
| Debt / FCF | 9.02 |
| Interest Coverage | 4.09 |
Financial Efficiency
Return on equity (ROE) is 14.22% and return on invested capital (ROIC) is 9.49%.
| Return on Equity (ROE) | 14.22% |
| Return on Assets (ROA) | 8.29% |
| Return on Capital (ROIC) | 9.49% |
| Revenue Per Employee | $3.39M |
| Profits Per Employee | $1.04M |
| Employee Count | 108 |
| Asset Turnover | 0.26 |
| Inventory Turnover | 14.38 |
Taxes
In the past 12 months, Ring Energy has paid $26.50 million in taxes.
| Income Tax | 26.50M |
| Effective Tax Rate | 19.04% |
Stock Price Statistics
The stock price has decreased by -19.87% in the last 52 weeks. The beta is 1.57, so Ring Energy's price volatility has been higher than the market average.
| Beta (5Y) | 1.57 |
| 52-Week Price Change | -19.87% |
| 50-Day Moving Average | 1.50 |
| 200-Day Moving Average | 1.73 |
| Relative Strength Index (RSI) | 26.82 |
| Average Volume (20 Days) | 1,814,971 |
Short Selling Information
The latest short interest is 12.54 million, so 6.33% of the outstanding shares have been sold short.
| Short Interest | 12.54M |
| Short Previous Month | 14.98M |
| Short % of Shares Out | 6.33% |
| Short % of Float | 9.07% |
| Short Ratio (days to cover) | 6.85 |
Income Statement
In the last 12 months, Ring Energy had revenue of $365.61 million and earned $112.71 million in profits. Earnings per share was $0.57.
| Revenue | 365.61M |
| Gross Profit | 292.42M |
| Operating Income | 183.32M |
| Pretax Income | 84.29M |
| Net Income | 112.71M |
| EBITDA | 283.44M |
| EBIT | 183.32M |
| Earnings Per Share (EPS) | $0.57 |
Full Income StatementBalance Sheet
| Cash & Cash Equivalents | n/a |
| Total Debt | 396.50M |
| Net Cash | -396.50M |
| Net Cash Per Share | -$2.00 |
| Equity (Book Value) | 851.31M |
| Book Value Per Share | 4.30 |
| Working Capital | -44.77M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $202.88 million and capital expenditures -$158.94 million, giving a free cash flow of $43.94 million.
| Operating Cash Flow | 202.88M |
| Capital Expenditures | -158.94M |
| Free Cash Flow | 43.94M |
| FCF Per Share | $0.22 |
Full Cash Flow StatementMargins
Gross margin is 79.98%, with operating and profit margins of 50.14% and 30.83%.
| Gross Margin | 79.98% |
| Operating Margin | 50.14% |
| Pretax Margin | 38.08% |
| Profit Margin | 30.83% |
| EBITDA Margin | 77.52% |
| EBIT Margin | 50.14% |
| FCF Margin | 12.02% |