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Ring Energy REI Notes Payable

Notes Payable at other companies

Cineverse Corp. logo
Cineverse Corp.CNVS
$9.44M
Upexi logo
UpexiUPXI
$0-100%
Ring Energy logo
Ring EnergyREI
$0
Genasys logo
GenasysGNSS
$14.61M
Crexendo logo
CrexendoCXDO
$0-100%
Willdan Group logo
Willdan GroupWLDN
$2.5M0.0%

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:NotesPayableCurrent.

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 notes payable?
Ring Energy (REI) reported notes payable of $0 in Q1 2026.
What is the long-term trend for Ring Energy's notes payable?
Over 4 years (2021 to 2025), Ring Energy's notes payable has grown at a -3.6% compound annual growth rate (CAGR), from $586.41K to $505.75K.
What does notes payable mean?
This represents short-term or long-term debt obligations evidenced by formal promissory notes. It serves as a primary indicator of the company's reliance on external financing to fund operations or capital expenditures. Monitoring this helps investors evaluate the company's debt maturity profile and overall financial leverage.