Ring Energy REI Operating Lease ROU Assets
Operating Lease ROU Assets at other companies
Other financials
Where this comes from
Reported directly by Ring Energy in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.
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 operating lease ROU assets?
- Ring Energy (REI) reported operating lease ROU assets of $1.13M in Q1 2026.
- How has Ring Energy's operating lease ROU assets changed year-over-year?
- Ring Energy's operating lease ROU assets decreased by 35.8% year-over-year, from $1.75M to $1.13M.
- What is the long-term trend for Ring Energy's operating lease ROU assets?
- Over 5 years (2020 to 2025), Ring Energy's operating lease ROU assets has grown at a -3.0% compound annual growth rate (CAGR), from $1.49M to $1.29M.
- What does operating lease ROU assets mean?
- This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.