Ring Energy Statistics
Total Valuation
Ring Energy has a market cap or net worth of $380.04 million. The enterprise value is $801.33 million.
Market Cap | 380.04M |
Enterprise Value | 801.33M |
Important Dates
The next estimated earnings date is Monday, August 5, 2024, after market close.
Earnings Date | Aug 5, 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 (%) | 48.46% |
Float | 127.44M |
Valuation Ratios
The trailing PE ratio is 4.80 and the forward PE ratio is 4.30. Ring Energy's PEG ratio is 1.82.
PE Ratio | 4.80 |
Forward PE | 4.30 |
PS Ratio | 1.03 |
Forward PS | 0.99 |
PB Ratio | 0.48 |
P/FCF Ratio | 6.87 |
PEG Ratio | 1.82 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.75, with an EV/FCF ratio of 14.49.
EV / Earnings | 10.32 |
EV / Sales | 2.18 |
EV / EBITDA | 3.75 |
EV / EBIT | 6.54 |
EV / FCF | 14.49 |
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 -18.64% in the last 52 weeks. The beta is 1.72, so Ring Energy's price volatility has been higher than the market average.
Beta (5Y) | 1.72 |
52-Week Price Change | -18.64% |
50-Day Moving Average | 1.77 |
200-Day Moving Average | 1.68 |
Relative Strength Index (RSI) | 57.58 |
Average Volume (20 Days) | 2,161,157 |
Short Selling Information
The latest short interest is 14.27 million, so 7.21% of the outstanding shares have been sold short.
Short Interest | 14.27M |
Short Previous Month | 12.89M |
Short % of Shares Out | 7.21% |
Short % of Float | 11.19% |
Short Ratio (days to cover) | 6.69 |
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 | 20.44% |
FCF Yield | 14.55% |
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 0.89 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 0.89 |
Piotroski F-Score | 4 |