Ring Energy Inc (REI) - Net Assets
Based on the latest financial reports, Ring Energy Inc (REI) has net assets worth $621.98 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.25 Billion) and total liabilities ($632.74 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Ring Energy Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $621.98 Million |
| % of Total Assets | 49.57% |
| Annual Growth Rate | 89.5% |
| 5-Year Change | 178.18% |
| 10-Year Change | 187.83% |
| Growth Volatility | 373.75 |
Ring Energy Inc - Net Assets Trend (2006–2025)
This chart illustrates how Ring Energy Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Ring Energy Inc for the complete picture of this company's asset base.
Annual Net Assets for Ring Energy Inc (2006–2025)
The table below shows the annual net assets of Ring Energy Inc from 2006 to 2025. For live valuation and market cap data, see REI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $836.28 Million | -2.60% |
| 2024-12-31 | $858.64 Million | +9.16% |
| 2023-12-31 | $786.58 Million | +18.98% |
| 2022-12-31 | $661.10 Million | +119.91% |
| 2021-12-31 | $300.62 Million | +1.99% |
| 2020-12-31 | $294.77 Million | -43.69% |
| 2019-12-31 | $523.51 Million | +13.17% |
| 2018-12-31 | $462.60 Million | +29.72% |
| 2017-12-31 | $356.60 Million | +22.74% |
| 2016-12-31 | $290.54 Million | +56.01% |
| 2015-12-31 | $186.23 Million | +30.65% |
| 2014-12-31 | $142.54 Million | +38.92% |
| 2013-12-31 | $102.61 Million | +291.63% |
| 2012-12-31 | $26.20 Million | +396.39% |
| 2011-12-31 | $5.28 Million | +465.61% |
| 2010-12-31 | $933.17K | -7.75% |
| 2009-12-31 | $1.01 Million | -27.39% |
| 2008-12-31 | $1.39 Million | +2466.48% |
| 2007-12-31 | $-58.87K | -1425.05% |
| 2006-12-31 | $4.44K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ring Energy Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2329278300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $23.29 Million | 2.79% |
| Common Stock | $207.66K | 0.02% |
| Other Components | $812.78 Million | 97.19% |
| Total Equity | $836.28 Million | 100.00% |
Ring Energy Inc Competitors by Market Cap
The table below lists competitors of Ring Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Izertis Sa
MC:IZER
|
$289.06 Million |
|
Daelim Paper Co.Ltd
KQ:017650
|
$289.10 Million |
|
T3EX Global Holdings Corp
TW:2636
|
$289.11 Million |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
$289.21 Million |
|
Transcontinental Inc
TO:TCL-A
|
$288.97 Million |
|
Samyang Cor
KO:145990
|
$288.89 Million |
|
Suzhou Iron Technology Co. Ltd. A
SHG:688329
|
$288.86 Million |
|
Plum Acquisition Corp. IV Unit
NASDAQ:PLMKU
|
$288.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ring Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 858,639,982 to 836,275,746, a change of -22,364,236 (-2.6%).
- Net loss of 34,731,199 reduced equity.
- Other factors increased equity by 12,366,963.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-34.73 Million | -4.15% |
| Other Changes | $12.37 Million | +1.48% |
| Total Change | $- | -2.60% |
Book Value vs Market Value Analysis
This analysis compares Ring Energy Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 653.73x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.00 | $1.38 | x |
| 2007-12-31 | $-0.02 | $1.38 | x |
| 2008-12-31 | $0.43 | $1.38 | x |
| 2009-12-31 | $0.29 | $1.38 | x |
| 2010-12-31 | $0.26 | $1.38 | x |
| 2011-12-31 | $0.63 | $1.38 | x |
| 2012-12-31 | $3.25 | $1.38 | x |
| 2013-12-31 | $6.27 | $1.38 | x |
| 2014-12-31 | $5.51 | $1.38 | x |
| 2015-12-31 | $6.61 | $1.38 | x |
| 2016-12-31 | $7.51 | $1.38 | x |
| 2017-12-31 | $6.75 | $1.38 | x |
| 2018-12-31 | $7.60 | $1.38 | x |
| 2019-12-31 | $7.84 | $1.38 | x |
| 2020-12-31 | $4.04 | $1.38 | x |
| 2021-12-31 | $2.48 | $1.38 | x |
| 2022-12-31 | $4.66 | $1.38 | x |
| 2023-12-31 | $4.03 | $1.38 | x |
| 2024-12-31 | $4.29 | $1.38 | x |
| 2025-12-31 | $4.04 | $1.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ring Energy Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.31%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.81x
- Recent ROE (-4.15%) is above the historical average (-37.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -636.21% | 0.00% | 0.00x | 4.92x | $-28.71K |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-121.19K |
| 2008 | -8.91% | 0.00% | 0.00x | 1.00x | $-263.40K |
| 2009 | -33.02% | 0.00% | 0.00x | 1.02x | $-435.21K |
| 2010 | -8.40% | -948.35% | 0.01x | 1.01x | $-171.74K |
| 2011 | -6.07% | -12204.57% | 0.00x | 1.00x | $-848.06K |
| 2012 | -6.37% | -94.98% | 0.06x | 1.09x | $-4.29 Million |
| 2013 | -0.44% | -4.38% | 0.09x | 1.09x | $-10.71 Million |
| 2014 | 5.91% | 22.11% | 0.23x | 1.18x | $-5.83 Million |
| 2015 | -4.86% | -29.19% | 0.12x | 1.35x | $-27.68 Million |
| 2016 | -12.95% | -122.00% | 0.10x | 1.06x | $-66.69 Million |
| 2017 | 0.49% | 2.63% | 0.16x | 1.16x | $-33.91 Million |
| 2018 | 1.95% | 7.50% | 0.21x | 1.23x | $-37.26 Million |
| 2019 | 5.63% | 15.07% | 0.20x | 1.86x | $-22.85 Million |
| 2020 | -85.97% | -224.21% | 0.17x | 2.25x | $-282.89 Million |
| 2021 | 1.11% | 1.69% | 0.29x | 2.28x | $-26.74 Million |
| 2022 | 20.97% | 39.92% | 0.27x | 1.92x | $72.52 Million |
| 2023 | 13.33% | 29.04% | 0.26x | 1.75x | $26.21 Million |
| 2024 | 7.86% | 18.42% | 0.26x | 1.64x | $-18.39 Million |
| 2025 | -4.15% | -11.31% | 0.20x | 1.81x | $-118.36 Million |
Industry Comparison
This section compares Ring Energy Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $3,003,040,984
- Average return on equity (ROE) among peers: 6.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ring Energy Inc (REI) | $621.98 Million | -636.21% | 1.02x | $288.98 Million |
| Amplify Energy Corp (AMPY) | $541.68 Million | 9.19% | 0.12x | $192.26 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $49.77 Million | -24.80% | 0.67x | $105.31 Million |
| APA Corporation (APA) | $16.51 Billion | 4.31% | 0.77x | $12.57 Billion |
| Antero Resources Corp (AR) | $7.73 Billion | -10.98% | 0.84x | $11.09 Billion |
| Battalion Oil Corp (BATL) | $84.63 Million | 21.91% | 4.74x | $31.10 Million |
| BKV Corporation (BKV) | $1.20 Billion | 34.29% | 1.26x | $2.96 Billion |
| Barnwell Industries Inc (BRN) | $16.24 Million | -10.90% | 0.93x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $2.30 Billion | -0.87% | 1.22x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $814.38 Million | 20.92% | 0.63x | $2.83 Billion |
| Chord Energy Corp (CHRD) | $795.00 Million | 19.29% | 2.18x | $5.96 Billion |
About Ring Energy Inc
Ring Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. The company has interests in 74,717 net developed acres and 4,366 net undeveloped acres in Andrews, Gaines, Crane, Ector, Winkler, and Ward counties, Texas; and 8,833 net developed acres and 8,318 net undeveloped acres in Yoakum Cou… Read more