What are Ring Energy's total assets?

Ring Energy (REI) holds $1.3B in total assets, down 16.7% year over year.

How much debt does Ring Energy have?

Ring Energy carries $3.1M in total debt against $622.0M of shareholders' equity, a debt-to-equity ratio of 0.01.

How much cash does Ring Energy have?

Ring Energy holds $1.0M in cash and equivalents.

Can Ring Energy cover its short-term obligations?

Its current ratio is 0.40 — current liabilities exceed current assets.

Where does Ring Energy's balance sheet data come from?

Every line is extracted from Ring Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Ring Energy REI Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$902.91K-51.6%	$1.87M+530%	$296.38K-92.0%	$3.71M+54.2%
Accounts receivable, net	$29.59M-12.4%	$33.77M-10.8%	$37.88M-5.6%	$40.14M+67.1%
Inventories	$18.98M-7.0%	$20.42M-26.6%	$27.82M+201%	$9.25M—
Prepaid expenses and other current assets	$1.82M+2.3%	$1.78M-5.0%	$1.87M-10.8%	$2.1M+124%
Derivative assets	$31.21M+184%	$10.97M+76.5%	$6.22M+33.1%	$4.67M—
Total current assets	$62.07M+23.0%	$50.45M-9.8%	$55.91M-11.5%	$63.17M+112%
Property and equipment, net	$1.33B-0.9%	$1.34B+3.8%	$1.29B+9.6%	$1.18B+81.2%
Accumulated depreciation	$569.18M+19.8%	$475.21M+26.0%	$377.25M+30.1%	$289.94M+22.9%
Operating lease right-of-use assets	4.5%0.0%	4.5%0.0%	4.5%0.0%	4.5%-142,248,696%
Deferred tax assets	$910.21K-17.0%	$1.1M-20.0%	$1.37M-11.7%	$1.55M+125%
Other non-current assets	$3.5M+3.4%	$3.39M+5.0%	$3.23M+2.6%	$3.15M+50.6%
Total assets	$1.41B+0.3%	$1.41B+2.3%	$1.38B+8.5%	$1.27B+85.5%
Accounts payable	$40.2M+2.3%	$39.29M+4.4%	$37.63M-7.1%	$40.48M-12.4%
Current portion of long-term debt	$730.56K-19.4%	$906.12K-5.2%	$956.25K+34.7%	$709.65K+124%
Operating lease liabilities, current	$586.61K-9.5%	$648.2K+14.1%	$568.18K+42.6%	$398.36K+37.0%
Finance Lease Liability, Current	$730.56K-19.4%	$906.12K-5.2%	$956.25K+34.7%	$709.65K+124%
Income taxes payable	$356.44K+8.3%	$328.99K—	$0—	$0—
Accrued interest	$5.85M+107%	$2.83M-23.2%	$3.68M+14.3%	$3.22M—
Total current liabilities	$93.7M-10.8%	$105.04M-7.7%	$113.81M-19.7%	$141.79M+84.9%
Deferred tax liabilities	$575.04K-24.4%	$760.27K-19.6%	$945.81K+61.7%	$585.01K—
Operating lease liabilities, non-current	$819.22K-41.7%	$1.41M-31.6%	$2.05M+39.4%	$1.47M+29.5%
Finance Lease Liabilities (Total)	$1.32M-14.8%	$1.55M-16.6%	$1.86M+5.7%	$1.76M+167%
Operating Lease Liabilities (Total)	$1.41M-31.6%	$2.05M-21.7%	$2.62M+40.1%	$1.87M+31.0%
Finance lease liabilities	$593.15K-8.3%	$647.08K-28.6%	$906.33K-13.9%	$1.05M+206%
Asset retirement obligations	$418.53K-19.2%	$517.67K+213%	$165.64K-73.9%	$635.84K-95.8%
Total liabilities	$569.89M+3.7%	$549.46M-6.9%	$589.91M-3.0%	$607.9M+58.5%
Preferred stock	$0—	$0—	$0—	$0—
Common stock	450M0.0%	450M0.0%	450M0.0%	450M+100%
Additional paid-in capital	$812.78M+1.5%	$800.42M+0.6%	$795.83M+2.7%	$775.24M+40.1%
Retained earnings	$29.02M-50.0%	$58.02M+714%	-$9.45M+91.7%	-$114.31M+54.8%
Total stockholders' equity	$842.01M-2.6%	$864.37M+9.9%	$786.58M+19.0%	$661.1M+120%
Total liabilities and stockholders' equity	$1.41B+0.3%	$1.41B+2.3%	$1.38B+8.5%	$1.27B+85.5%
Allowance for Doubtful Accounts	$200.76K+10.5%	$181.73K+210%	$58.57K-75.8%	$242.25K—
Allowance for Doubtful Accounts Receivable (Current)	$200.76K+10.5%	$181.73K+210%	$58.57K-75.8%	$242.25K—
Derivatives	$21.47M+291%	$5.5M-11.6%	$6.22M+33.1%	$4.67M—
Derivative Instruments And Hedges	$21.47M+291%	$5.5M-29.2%	$7.77M-52.0%	$16.19M—
Joint interest and other, net	$1.62M+49.9%	$1.08M-55.3%	$2.42M+146%	$983.8K-59.6%
Derivative Assets, Current	$21.47M+291%	$5.5M-11.6%	$6.22M+33.1%	$4.67M—
Derivative Assets - Fair Value	$9.74M+77.9%	$5.47M-53.0%	$11.63M+89.8%	$6.13M—
Deferred Tax Assets and Other Non-Current Assets	$1.49M-11.0%	$1.67M+2.1%	$1.64M+39.6%	$1.17M+1,821%
Derivative Assets, Non-Current	$9.74M+77.9%	$5.47M-53.0%	$11.63M+89.8%	$6.13M—
Net Investment in Lease	$1.29M-32.6%	$1.91M-23.7%	$2.5M+44.1%	$1.74M+35.8%
Derivative Instruments And Hedges Noncurrent	$9.74M+77.9%	$5.47M-53.0%	$11.63M+53.0%	$7.61M—
Oil and natural gas properties, full cost method of accounting ($24,498 million and $22,666 million excluded from amortization at September 30, 2025, and December 31, 2024, respectively) ($14,589 million and $5,713 million related to Viper and $5,275 million and $2,180 million excluded from amortization related to Viper)	$1.89B+4.5%	$1.81B+8.8%	$1.66B+13.6%	$1.46B+65.6%
Operating lease right-of-use assets	$1.29M-32.6%	$1.91M-23.7%	$2.5M+44.1%	$1.74M+35.8%
Property, plant and equipment at cost	$1.9B+4.5%	$1.82B+8.8%	$1.67B+13.7%	$1.47B+65.7%
Property, Plant and Equipment, Other, Gross	$3.5M+3.4%	$3.39M+5.0%	$3.23M+2.6%	$3.15M+50.6%
Operating Lease Right-of-Use Assets in Other Assets	$1.29M-32.6%	$1.91M-23.7%	$2.5M+44.1%	$1.74M+35.8%
Tax Credit Carryforward Valuation Allowance	$0—	$0—	$0-100%	$24.18M-50.0%
Accrued liabilities and other current	$7.18M+235%	$2.14M+214%	$682.09K-82.5%	$3.89M—
Accrued Royalties (Current)	$5.05M-33.6%	$7.6M-40.4%	$12.76M-6.4%	$13.63M—
Other Commercial Liabilities	$20.17M-2.4%	$20.67M-6.4%	$22.09M-18.5%	$27.11M—
Accounts payable and other current liabilities (Note 11)	$90.26M-5.7%	$95.73M-8.0%	$104.06M-6.6%	$111.4M—
Accrued Income Taxes, Current	$356.44K+8.3%	$328.99K—	$0—	$0—
Accrued Liabilities, Current	$20.17M-2.4%	$20.67M-6.4%	$22.09M-18.5%	$27.11M—
Derivative Instruments And Hedges Liabilities	$841.19K-86.9%	$6.41M-14.8%	$7.52M-43.6%	$13.35M-54.4%
Derivative Liability, Current	$841.19K-86.9%	$6.41M-14.8%	$7.52M-43.6%	$13.35M-54.4%
Notes Payable Current	$505.75K+1.9%	$496.4K-7.0%	$533.73K+6.8%	$499.88K-14.8%
Derivative Liabilities - Fair Value	$841.19K-86.9%	$6.41M-14.8%	$7.52M-43.6%	$13.35M-54.4%
Finance Lease Liability Payment Due	$1.43M-14.3%	$1.67M-16.9%	$2.01M+5.6%	$1.9M+175%
Finance Lease Liability - Undiscounted Excess Amount	$105.29K-8.1%	$114.57K-20.4%	$143.87K+3.9%	$138.46K+335%
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——
Lease Liability Payments - 2021	$803.75K-18.6%	$986.95K-6.2%	$1.05M+32.6%	$793.72K—
Operating Lease Liability Payments - 2024 (Lessee)	$460.5K-27.7%	$636.65K-12.5%	$727.46K+50.8%	$482.33K—
Operating Lease Liability Payments - 2025 (Lessee)	$149.63K-40.3%	$250.61K-45.6%	$460.5K+15.7%	$398.1K—
Lease Liability Payments - Due Year Two	$465.88K-12.6%	$533.03K-25.3%	$713.5K-1.9%	$727.45K—
Lease Liability Payments - Due Year Three	$250.61K-45.6%	$460.5K-27.7%	$636.65K+28.7%	$494.69K—
Lease Liability Payments - Due Year Four	$149.63K-40.3%	$250.61K-45.6%	$460.5K+15.7%	$398.1K—
Lease Liability Payments - Remainder of Fiscal Year	$636.65K-12.5%	$727.46K+7.7%	$675.21K+42.3%	$474.46K—
Notes Payable	$505.75K+1.9%	$496.4K-7.0%	$533.73K+6.8%	$499.88K-14.8%
Operating Lease Liability Payments Due	$1.5M-32.7%	$2.22M-23.3%	$2.9M+40.4%	$2.07M+30.9%
Operating Lease Liability - Undiscounted Excess Amount	$91.54K-46.4%	$170.8K-38.5%	$277.83K+43.7%	$193.32K+30.0%
Debt Instrument Face Amount	$420M+9.1%	$385M-9.4%	$425M+2.4%	$415M+43.1%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$9.34M+14.6%	$8.15M-37.5%	$13.03M-27.2%	$17.9M+945%
Derivative Liabilities (Non-Current)	$2.51M-13.7%	$2.91M-74.7%	$11.51M+9.8%	$10.49M—
Operating Lease Liability Payments - 2027 (Lessee)	$0-100%	$149.63K-40.3%	$250.61K+16.0%	$216K—
Operating Lease Liability Payments - 2028 (Lessee)	$149.63K-40.3%	$250.61K-45.6%	$460.5K+15.7%	$398.1K—
Total debt	$3.46M-23.3%	$4.51M-17.0%	$5.44M+25.3%	$4.34M+80.6%
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	207.7M+4.6%	198.6M+0.9%	196.8M+12.1%	175.5M+75.2%
Convertible Preferred Stock Authorized Shares	50M0.0%	50M0.0%	50M0.0%	50M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$207.66K+4.6%	$198.56K+0.9%	$196.84K+12.1%	$175.53K+75.2%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—
Number of Exercisable Options	51K-22.1%	65.5K-7.1%	70.5K-73.4%	265.5K—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share-Based Payment Award Options Outstanding - Number	51K-22.1%	65.5K-7.1%	70.5K-73.4%	265.5K—
Weighted Average Exercise Price of Outstanding Options	$10.18-4.9%	$10.70+3.6%	$10.33—	——
Cumulative Cost Basis	$1.9B+4.5%	$1.82B+8.8%	$1.67B+13.7%	$1.47B+65.7%
Fair Value Measurement Disclosure	$27.85M+1,591%	$1.65M—	——	——
Gross Assets/Liabilities	$3.35M-64.0%	$9.32M—	——	——
Line of Credit Maximum Borrowing Capacity	——	——	——	——
Line of Credit Remaining Borrowing Capacity	——	——	——	——
Accrued capital expenditures	$4.4M+20.6%	$3.65M-51.5%	$7.52M-21.9%	$9.62M—
Accrued general and administrative expense	$4.69M-4.3%	$4.9M+21.0%	$4.05M-0.7%	$4.08M—
Accrued lease operating expenses	$5.15M-3.1%	$5.31M-21.8%	$6.8M+5.4%	$6.45M—
Revenue held in suspense	$32.11M+14.0%	$28.17M-10.8%	$31.59M+4.7%	$30.18M—
Licensing Arrangements	$5.05M-33.6%	$7.6M-40.4%	$12.76M-6.4%	$13.63M—
Accounts Receivable, Allowance for Credit Loss	$200.76K+10.5%	$181.73K+210%	$58.57K-75.8%	$242.25K—
Asset Retirement Obligation	$30.39M+15.2%	$26.38M-6.6%	$28.25M-6.5%	$30.23M+97.7%
Oil and Gas, Capitalized Cost, Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	$564.17M+20.1%	$469.79M+25.9%	$373.28M+30.0%	$287.05M+21.6%
Oil and Gas, Capitalized Cost, before Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	$1.89B+4.5%	$1.81B+8.8%	$1.66B+13.6%	$1.46B+65.0%
Oil and Gas, Capitalized Cost, after Accumulated Depreciation, Depletion, Amortization, and Valuation Allowance	$1.33B-0.9%	$1.34B+3.8%	$1.29B+9.6%	$1.18B+80.7%
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$450M0.0%	$450M0.0%	$450M0.0%	$450M+100%
Common stock, shares issued (in shares)	$207.66M+4.6%	$198.56M+0.9%	$196.84M+12.1%	$175.53M+75.2%
Common Stock, Shares, Outstanding	$207.66M+4.6%	$198.56M+0.9%	$196.84M+12.1%	$175.53M+75.2%
Company had net operating loss carry forwards for federal income tax reporting purposes of approximately in millions	$96.9M+8.0%	$89.7M-17.9%	$109.3M0.0%	$109.3M—
Pro forma leverage ratio, maximum threshold	——	——	——	——
Deferred Tax Liabilities, Gross	$122.35M-1.7%	$124.47M+10.3%	$112.82M+56.7%	$71.99M+221%
Deferred income taxes	$22.3M-22.0%	$28.59M+234%	$8.55M+0.6%	$8.5M+9,313%
Disallowed business interest expense carryforward	$19.68M+4.4%	$18.84M+46.5%	$12.85M+161%	$4.92M—
Deferred Tax Assets, Gross	$101.58M+5.9%	$95.88M-8.0%	$104.27M+18.9%	$87.67M+24.1%
Deferred Tax Assets, Net of Valuation Allowance	$101.58M+5.9%	$95.88M-8.0%	$104.27M+64.2%	$63.49M+184%
Deferred Tax Assets, Operating Loss Carryforwards	$72.88M+6.4%	$68.52M-16.5%	$82.01M+16.2%	$70.56M+17.3%
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	$910.21K-17.0%	$1.1M-20.0%	$1.37M-11.7%	$1.55M+125%
Deferred Tax Assets, Valuation Allowance	$0—	$0—	$0-100%	$24.18M-50.0%
Deferred Tax Liabilities, Net	$20.76M-27.4%	$28.59M+234%	$8.55M+0.6%	$8.5M+9,313%
Deferred Tax Liabilities, Other	$575.04K-24.4%	$760.27K-19.6%	$945.81K+61.7%	$585.01K—
Deferred Tax Liabilities, Property, Plant and Equipment	$115.66M-6.2%	$123.32M+10.2%	$111.87M+56.7%	$71.4M+219%
Derivatives	$9.74M+77.9%	$5.47M-53.0%	$11.63M+89.8%	$6.13M—
Long-term derivative liabilities	$2.51M-13.7%	$2.91M-74.7%	$11.51M+9.8%	$10.49M—
Derivative Liability	$3.35M-64.0%	$9.32M—	——	——
Derivative Liability, Noncurrent	$2.51M-13.7%	$2.91M-74.7%	$11.51M+9.8%	$10.49M—
Cash Equivalents - Money Market Mutual Funds Netting Adjustments	$652.91K-59.6%	$1.62M+3,385%	$46.38K-98.7%	$3.46M+78.8%
Current maturities of long-term debt	$730.56K-19.4%	$906.12K-5.2%	$956.25K+34.7%	$709.65K+124%
Finance Lease Liability Payments Due	$1.43M-14.3%	$1.67M-16.9%	$2.01M+5.6%	$1.9M+175%
2027	$803.75K-18.6%	$986.95K-6.2%	$1.05M+32.6%	$793.72K—
Finance Lease Liability Payments Due Year Four	$0—	$0—	$0—	$0—
Finance Lease Liability Payments Due Year Three	$159.37K+7.8%	$147.78K-38.6%	$240.5K-36.6%	$379.42K—
Finance Lease Liability Payments Due Year Two	$465.88K-12.6%	$533.03K-25.3%	$713.5K-1.9%	$727.45K—
Other Future Years	——	——	——	——
Undiscounted future cash flows less imputed interest	$1.32M-14.8%	$1.55M-16.6%	$1.86M+5.7%	$1.76M+167%
Finance Lease Liability Undiscounted Excess Amount	$105.29K-8.1%	$114.57K-20.4%	$143.87K+3.9%	$138.46K+335%
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$3.63M-21.6%	$4.63M+18.9%	$3.9M+29.0%	$3.02M+112%
Lessee Operating Lease Liability Payments Due	$1.5M-32.7%	$2.22M-23.3%	$2.9M+40.4%	$2.07M+30.9%
Undiscounted future cash flows less imputed interest	$1.41M-31.6%	$2.05M-21.7%	$2.62M+40.1%	$1.87M+31.0%
Other Future Years	——	——	——	——
Lessee Operating Lease Liability Undiscounted Excess Amount	$91.54K-46.4%	$170.8K-38.5%	$277.83K+43.7%	$193.32K+30.0%
Amount outstanding under the credit facility	$420M+9.1%	$385M-9.4%	$425M+2.4%	$415M+43.1%
Committed Revolving Credit Facilities	——	——	——	——
Non-refundable deposits	$5.5M0.0%	$5.5M0.0%	$5.5M0.0%	$5.5M—
Joint interest billing receivables	$1.82M+44.3%	$1.26M-49.0%	$2.48M+102%	$1.23M—
Operating Lease Weighted Average Discount Rate Percent	$0.050.0%	$0.050.0%	$0.050.0%	$0.05—
Operating loss carry forwards that will not expire	$248.2M+5.6%	$235M-15.8%	$279.2M+24.0%	$225.1M—
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$50M0.0%	$50M0.0%	$50M0.0%	$50M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Prepaid expenses	$1.82M+2.3%	$1.78M-5.0%	$1.87M-10.8%	$2.1M+124%
Revenues Payable, Current	$37.16M+3.9%	$35.77M-19.4%	$44.35M+1.2%	$43.81M—
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number	$51K-22.1%	$65.5K-7.1%	$70.5K-73.4%	$265.5K—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$51K-22.1%	$65.5K-7.1%	$70.5K-73.4%	$265.5K—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$10.18-4.9%	$10.7+3.6%	$10.33—	——
Remainder of Fiscal Year 2024	——	——	——	——
Weighted-Average Discount Rate	7.5%+0.2%	7.3%+0.6%	6.7%+0.9%	5.8%—
Weighted-Average Discount Rate - Finance Leases	$0.08+2.6%	$0.07+9.3%	$0.07+14.9%	$0.06—

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Questions, answered.

What are Ring Energy's total assets?: Ring Energy (REI) holds $1.3B in total assets, down 16.7% year over year.
How much debt does Ring Energy have?: Ring Energy carries $3.1M in total debt against $622.0M of shareholders' equity, a debt-to-equity ratio of 0.01.
How much cash does Ring Energy have?: Ring Energy holds $1.0M in cash and equivalents.
Can Ring Energy cover its short-term obligations?: Its current ratio is 0.40 — current liabilities exceed current assets.
Where does Ring Energy's balance sheet data come from?: Every line is extracted from Ring Energy's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.