Ring Short Term Debt from 2010 to 2024

REI Stock  USD 1.76  0.01  0.57%   
Ring Energy's Short Term Debt is decreasing with slightly volatile movements from year to year. Short Term Debt is estimated to finish at about 3.8 M this year. For the period between 2010 and 2024, Ring Energy, Short Term Debt quarterly trend regression had mean deviation of  19,721,048 and range of 45.9 M. View All Fundamentals
 
Short Term Debt  
First Reported
2006-12-31
Previous Quarter
2.1 M
Current Value
1.6 M
Quarterly Volatility
7.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ring Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ring main balance sheet or income statement drivers, such as Interest Expense of 46.1 M, Other Operating Expenses of 226 M or Operating Income of 153.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0 or PTB Ratio of 0.34. Ring financial statements analysis is a perfect complement when working with Ring Energy Valuation or Volatility modules.
  
This module can also supplement Ring Energy's financial leverage analysis and stock options assessment as well as various Ring Energy Technical models . Check out the analysis of Ring Energy Correlation against competitors.
For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.

Latest Ring Energy's Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Ring Energy over the last few years. It is Ring Energy's Short Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ring Energy's overall financial position and show how it may be relating to other accounts over time.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Ring Short Term Debt Regression Statistics

Arithmetic Mean16,318,428
Geometric Mean0.00
Coefficient Of Variation132.87
Mean Deviation19,721,048
Median2,058,164
Standard Deviation21,682,414
Sample Variance470.1T
Range45.9M
R-Value(0.63)
Mean Square Error303.2T
R-Squared0.40
Significance0.01
Slope(3,070,504)
Total Sum of Squares6581.8T

Ring Short Term Debt History

20243.8 M
20232.1 M
20221.6 M
20211.2 M
20201.2 M
20191.5 M

About Ring Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ring Energy income statement, its balance sheet, and the statement of cash flows. Ring Energy investors use historical funamental indicators, such as Ring Energy's Short Term Debt, to determine how well the company is positioned to perform in the future. Although Ring Energy investors may use each financial statement separately, they are all related. The changes in Ring Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ring Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ring Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ring Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short Term Debt2.1 M3.8 M

Currently Active Assets on Macroaxis

When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:
Check out the analysis of Ring Energy Correlation against competitors.
For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.
Note that the Ring Energy information on this page should be used as a complementary analysis to other Ring Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Ring Energy's price analysis, check to measure Ring Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ring Energy is operating at the current time. Most of Ring Energy's value examination focuses on studying past and present price action to predict the probability of Ring Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ring Energy's price. Additionally, you may evaluate how the addition of Ring Energy to your portfolios can decrease your overall portfolio volatility.
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Is Ring Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Earnings Share
0.4
Revenue Per Share
1.787
Quarterly Revenue Growth
0.076
Return On Assets
0.0572
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.