Ring Energy Stock Net Asset
| REI Stock | USD 0.73 0.03 3.95% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Ring Energy's long-term financial health and intrinsic value.
Ring | Net Asset | Build AI portfolio with Ring Stock |
Ring Energy Company Net Asset Analysis
Ring Energy's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Ring Energy Net Asset | 1.5 B |
Most of Ring Energy's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ring Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ring Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Ring Energy is extremely important. It helps to project a fair market value of Ring Stock properly, considering its historical fundamentals such as Net Asset. Since Ring Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ring Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ring Energy's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Ring Total Assets
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Based on the recorded statements, Ring Energy has a Net Asset of 1.5 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all United States stocks is notably lower than that of the firm.
Ring Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ring Energy's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ring Energy could also be used in its relative valuation, which is a method of valuing Ring Energy by comparing valuation metrics of similar companies.Ring Energy is currently under evaluation in net asset category among its peers.
Ring Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ring Energy from analyzing Ring Energy's financial statements. These drivers represent accounts that assess Ring Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ring Energy's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 48.1M | 226.6M | 298.3M | 278.3M | 269.2M | 198.7M | |
| Enterprise Value | 359.4M | 516.9M | 713.7M | 708.0M | 656.4M | 689.3M |
Ring Fundamentals
| Return On Equity | 0.0852 | ||||
| Return On Asset | 0.0577 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 620.03 M | ||||
| Shares Outstanding | 206.52 M | ||||
| Shares Owned By Insiders | 10.45 % | ||||
| Shares Owned By Institutions | 42.41 % | ||||
| Number Of Shares Shorted | 9.6 M | ||||
| Price To Earning | 2.58 X | ||||
| Price To Book | 0.18 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 366.33 M | ||||
| Gross Profit | 259.72 M | ||||
| EBITDA | 229.93 M | ||||
| Net Income | 67.47 M | ||||
| Cash And Equivalents | 2.22 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 389.1 M | ||||
| Debt To Equity | 0.76 % | ||||
| Current Ratio | 0.48 X | ||||
| Book Value Per Share | 4.24 X | ||||
| Cash Flow From Operations | 194.42 M | ||||
| Short Ratio | 1.81 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Price To Earnings To Growth | 1.82 X | ||||
| Target Price | 2.99 | ||||
| Number Of Employees | 115 | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 150.41 M | ||||
| Total Asset | 1.5 B | ||||
| Retained Earnings | 58.02 M | ||||
| Working Capital | (54.59 M) | ||||
| Current Asset | 8.71 M | ||||
| Current Liabilities | 11.33 M | ||||
| Net Asset | 1.5 B |
About Ring Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ring Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ring Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ring Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
| USOI | Credit Suisse X Links | |
| ULTY | Tidal Trust II | |
| CONY | YieldMax N Option | |
| BCAT | BlackRock Capital Allocation | |
| PDI | Pimco Dynamic Income |
Check out Ring Energy Piotroski F Score and Ring Energy Altman Z Score analysis. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.636 | Earnings Share 0.36 | Revenue Per Share | Quarterly Revenue Growth (0.16) | Return On Assets |
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ring Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.