Ring Energy Inc (REI)
1.59
+0.05
(+3.25%)
USD |
NYAM |
Nov 21, 16:00
1.56
-0.03
(-1.89%)
After-Hours: 20:00
Ring Energy Debt to Equity Ratio: 0.4615 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.4615 |
| June 30, 2024 | 0.4996 |
| March 31, 2024 | 0.5322 |
| 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 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.00 |
| March 31, 2018 | 0.00 |
| December 31, 2017 | 0.00 |
| 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 |
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
0.4615
Minimum
Sep 2024
1.156
Maximum
Jun 2021
0.7659
Average
0.7284
Median
Debt to Equity Ratio Benchmarks
| Devon Energy Corp | 0.6223 |
| Evolution Petroleum Corp | 0.496 |
| Houston American Energy Corp | 0.00 |
| Mexco Energy Corp | 0.00 |
| Riley Exploration Permian Inc | 0.5688 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.400B |
| Total Liabilities (Quarterly) | 548.45M |
| Shareholders Equity (Quarterly) | 851.31M |
| Current Ratio | 0.5412 |
| Net Debt Paydown Yield | 0.35% |