Ring Energy Statistics
Total Valuation
Ring Energy has a market cap or net worth of $338.87 million. The enterprise value is $760.16 million.
| Market Cap | 338.87M |
| Enterprise Value | 760.16M |
Important Dates
The next estimated earnings date is Thursday, August 1, 2024, after market close.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Ring Energy has 197.94 million shares outstanding. The number of shares has increased by 9.58% in one year.
| Shares Outstanding | 197.94M |
| Shares Change (YoY) | +9.58% |
| Shares Change (QoQ) | +1.18% |
| Owned by Insiders (%) | 12.25% |
| Owned by Institutions (%) | 48.44% |
| Float | 127.44M |
Valuation Ratios
The trailing PE ratio is 4.28 and the forward PE ratio is 3.90. Ring Energy's PEG ratio is 1.82.
| PE Ratio | 4.28 |
| Forward PE | 3.90 |
| PS Ratio | 0.92 |
| Forward PS | 0.88 |
| PB Ratio | 0.43 |
| P/FCF Ratio | 6.13 |
| PEG Ratio | 1.82 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.56, with an EV/FCF ratio of 13.75.
| EV / Earnings | 9.79 |
| EV / Sales | 2.07 |
| EV / EBITDA | 3.56 |
| EV / EBIT | 6.20 |
| EV / FCF | 13.75 |
Financial Position
The company has a current ratio of 0.50, with a Debt / Equity ratio of 0.54.
| Current Ratio | 0.50 |
| Quick Ratio | 0.43 |
| Debt / Equity | 0.54 |
| Debt / EBITDA | 2.00 |
| Debt / FCF | 7.71 |
| Interest Coverage | 2.72 |
Financial Efficiency
Return on equity (ROE) is 10.20% and return on invested capital (ROIC) is 12.14%.
| Return on Equity (ROE) | 10.20% |
| Return on Assets (ROA) | 5.70% |
| Return on Capital (ROIC) | 12.14% |
| Revenue Per Employee | $3.40M |
| Profits Per Employee | $719,113 |
| Employee Count | 108 |
| Asset Turnover | 0.27 |
| Inventory Turnover | 13.14 |
Taxes
| Income Tax | -175,815 |
| Effective Tax Rate | -0.23% |
Stock Price Statistics
The stock price has decreased by -2.84% in the last 52 weeks. The beta is 1.66, so Ring Energy's price volatility has been higher than the market average.
| Beta (5Y) | 1.66 |
| 52-Week Price Change | -2.84% |
| 50-Day Moving Average | 1.77 |
| 200-Day Moving Average | 1.68 |
| Relative Strength Index (RSI) | 51.99 |
| Average Volume (20 Days) | 1,892,542 |
Short Selling Information
The latest short interest is 12.89 million, so 6.51% of the outstanding shares have been sold short.
| Short Interest | 12.89M |
| Short Previous Month | 12.89M |
| Short % of Shares Out | 6.51% |
| Short % of Float | 10.11% |
| Short Ratio (days to cover) | 8.40 |
Income Statement
In the last 12 months, Ring Energy had revenue of $367.48 million and earned $77.66 million in profits. Earnings per share was $0.40.
| Revenue | 367.48M |
| Gross Profit | 270.42M |
| Operating Income | 147.74M |
| Pretax Income | 77.49M |
| Net Income | 77.66M |
| EBITDA | 213.65M |
| EBIT | 122.52M |
| Earnings Per Share (EPS) | $0.40 |
Balance Sheet
The company has $5.08 million in cash and $426.37 million in debt, giving a net cash position of -$421.29 million or -$2.13 per share.
| Cash & Cash Equivalents | 5.08M |
| Total Debt | 426.37M |
| Net Cash | -421.29M |
| Net Cash Per Share | -$2.13 |
| Equity (Book Value) | 793.01M |
| Book Value Per Share | 4.01 |
| Working Capital | -59.76M |
Cash Flow
In the last 12 months, operating cash flow was $199.68 million and capital expenditures -$144.38 million, giving a free cash flow of $55.30 million.
| Operating Cash Flow | 199.68M |
| Capital Expenditures | -144.38M |
| Free Cash Flow | 55.30M |
| FCF Per Share | $0.28 |
Margins
Gross margin is 73.59%, with operating and profit margins of 40.21% and 21.13%.
| Gross Margin | 73.59% |
| Operating Margin | 40.21% |
| Pretax Margin | 21.09% |
| Profit Margin | 21.13% |
| EBITDA Margin | 58.14% |
| EBIT Margin | 33.34% |
| FCF Margin | 15.05% |
Dividends & Yields
Ring Energy does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -9.58% |
| Shareholder Yield | -9.58% |
| Earnings Yield | 22.92% |
| FCF Yield | 16.32% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 2, 2008. It was a reverse split with a ratio of 1:18.
| Last Split Date | Jun 2, 2008 |
| Split Type | Reverse |
| Split Ratio | 1:18 |
Scores
Ring Energy has an Altman Z-Score of 0.85 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.85 |
| Piotroski F-Score | 4 |