Ring Energy Inc (REI)
1.895
+0.02
(+1.34%)
USD |
NYAM |
May 03, 16:00
1.895
0.00 (0.00%)
After-Hours: 20:00
Ring Energy Debt to Equity Ratio: 0.541 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.541 |
| September 30, 2023 | 0.5848 |
| June 30, 2023 | 0.5392 |
| March 31, 2023 | 0.6035 |
| December 31, 2022 | 0.6285 |
| September 30, 2022 | 0.8611 |
| June 30, 2022 | 0.7567 |
| March 31, 2022 | 0.9061 |
| December 31, 2021 | 0.9666 |
| September 30, 2021 | 1.073 |
| June 30, 2021 | 1.156 |
| March 31, 2021 | 1.106 |
| December 31, 2020 | 1.062 |
| September 30, 2020 | 0.8318 |
| June 30, 2020 | 0.8637 |
| March 31, 2020 | 0.6453 |
| December 31, 2019 | 0.7001 |
| September 30, 2019 | 0.6958 |
| June 30, 2019 | 0.6986 |
| March 31, 2019 | 0.1781 |
| December 31, 2018 | 0.0854 |
| September 30, 2018 | 0.0372 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | 0.00 |
| December 31, 2017 | 0.00 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | 0.00 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.2967 |
| December 31, 2015 | 0.2465 |
| September 30, 2015 | 0.2118 |
| June 30, 2015 | 0.2126 |
| March 31, 2015 | 0.0703 |
| December 31, 2014 | 0.00 |
| September 30, 2014 | 0.00 |
| June 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
| December 31, 2013 | 0.00 |
| September 30, 2013 | 0.00 |
| June 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| December 31, 2012 | 0.00 |
| September 30, 2012 | 0.00 |
| June 30, 2012 | 0.6051 |
| March 31, 2012 | 0.00 |
| December 31, 2011 | -2.459 |
| September 30, 2011 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5392
Minimum
Jun 2023
1.156
Maximum
Jun 2021
0.8011
Average
0.7567
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Amplify Energy Corp | 0.2941 |
| VAALCO Energy Inc | 0.00 |
| Permianville Royalty Trust | 0.00 |
| EOG Resources Inc | 0.1287 |
| Talos Energy Inc | 0.4759 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.376B |
| Total Liabilities (Quarterly) | 589.91M |
| Shareholders Equity (Quarterly) | 786.58M |
| Current Ratio | 0.4913 |
| Net Debt Paydown Yield | 0.72% |