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Ring Energy REI Finance Lease Liability, Current

Finance Lease Liability, Current at other companies

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$200M+34.2%
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$2M0.0%
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$25.7M+64.7%
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$22.04M+80.5%
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Permian ResourcesPR
$796K+2.4%
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$8M+60.0%

Other financials

Income statement

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Revenue$73.7M-6.9%
Gross profit$88.1M+31.7%
Operating income-$141.8M-734%
Net income-$220.6M-2,521%
EPS (diluted)-$1.06-2,220%

Balance sheet

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Cash & equivalents$1.0M-5.5%
Total debt$3.1M-28.0%
Total equity$622.0M-29.5%
Total assets$1.3B-16.7%

Cash flow

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Operating cash flow$25.9M-8.7%
CapEx--100%
Free cash flow$25.9M-8.6%

Valuation

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Market cap$274.16M+69.4%
Enterprise value$276.22M+66.7%
P/S0.9×+0.4×

Profitability

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Gross margin99.9%+1.9pp
Operating margin-65.8%-99.3pp
Net margin-87.6%-108pp
FCF margin49.1%-1.5pp

Returns & leverage

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Return on equity-35.2%-43.7pp
Debt / equity0.0×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Ring Energy in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityCurrent.

The official record: Ring Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ring Energy's finance lease liability, current?
Ring Energy (REI) reported finance lease liability, current of $686.7K in Q1 2026.
How has Ring Energy's finance lease liability, current changed year-over-year?
Ring Energy's finance lease liability, current decreased by 18.9% year-over-year, from $846.38K to $686.7K.
What is the long-term trend for Ring Energy's finance lease liability, current?
Over 5 years (2020 to 2025), Ring Energy's finance lease liability, current has grown at a 19.9% compound annual growth rate (CAGR), from $295.31K to $730.56K.
What does finance lease liability, current mean?
Finance lease liabilities (current) represent the portion of lease obligations that are due to be paid within the next twelve months. These obligations arise from long-term contracts where the company effectively controls the leased asset. This metric is critical for assessing near-term liquidity and cash flow requirements.