← RING ENERGY, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $71.1m | $15.0m | $3.4m | $2.6m | $3.6m | $2.4m | $3.7m | $296k | $1.9m | $903k | |
| Inventory, Net | — | — | — | — | — | $0 | $9.3m | $6.1m | $4.0m | $5.3m | |
| Assets, Current | $75.2m | $29.1m | $16.8m | $36.5m | $20.8m | $29.8m | $63.2m | $55.9m | $50.4m | $62.1m | |
| Property, Plant and Equipment, Net | $211.9m | $373.6m | $542.0m | $878.6m | $638.8m | $651.4m | $1.2b | $1.3b | $1.3b | $1.3b | |
| Operating Lease, Right-of-Use Asset | — | — | $0 | $1.9m | $1.5m | $1.3m | $1.7m | $2.5m | $1.9m | $1.3m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $3.5m | $12.8m | $12.6m | $27.9m | $15.0m | $24.0m | $42.4m | $39.0m | $36.2m | $30.9m | |
| Accrued Liabilities, Current | — | — | — | — | — | — | — | $22.1m | $20.7m | $20.2m | |
| Assets | $307.6m | $414.1m | $567.1m | $918.4m | $663.5m | $684.2m | $1.3b | $1.4b | $1.4b | $1.4b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $691k | $859k | $291k | $398k | $568k | $648k | $587k | |
| Accounts Payable, Current | $9.1m | $44.5m | $51.9m | $63.9m | $32.5m | $46.2m | $111.4m | $37.6m | $39.3m | $40.2m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $691k | $859k | $291k | $1.5m | $2.1m | $1.4m | $819k | |
| Liabilities, Current | $9.1m | $48.4m | $51.9m | $93.0m | $36.9m | $76.7m | $141.2m | $113.8m | $105.0m | $101.0m | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | $0 | — | — | — | — | — | |
| Deferred Tax Liabilities, Net | — | — | — | — | — | $22.4m | $8.5m | $8.6m | $28.6m | $20.8m | |
| Liabilities | $17.1m | $57.5m | $104.5m | $450.7m | $368.7m | $383.5m | $607.9m | $589.9m | $549.5m | $575.6m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | $49k | $54k | $63k | $63k | $86k | $100k | $176k | $197k | $199k | $208k | |
| Additional Paid in Capital | $335.2m | $397.9m | $494.9m | $495.7m | $551.0m | $553.5m | $775.2m | $795.8m | $800.4m | $812.8m | |
| Retained Earnings (Accumulated Deficit) | ($44.7m) | ($41.4m) | ($32.4m) | ($28.1m) | ($256.3m) | ($252.9m) | ($114.3m) | ($9.4m) | $58.0m | $23.3m | |
| Stockholders' Equity Attributable to Parent | $290.5m | $356.6m | $462.6m | $467.7m | $294.8m | $300.6m | $661.1m | $786.6m | $858.6m | $836.3m | |
| Liabilities and Equity | $307.6m | $414.1m | $567.1m | $918.4m | $663.5m | $684.2m | $1.3b | $1.4b | $1.4b | $1.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.