Ring Energy, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $902.9K | $1.9M | $296.4K | $3.7M | $2.4M | $3.6M | $10.0M | $3.4M |
| Accounts Receivable | $30.9M | $36.2M | $39.0M | $42.4M | $24.0M | $15.0M | $22.9M | $12.6M |
| Inventory | $5.3M | $4.0M | $6.1M | $9.3M | $0 | — | — | — |
| Total Current Assets | $62.1M | $50.4M | $55.9M | $63.2M | $29.8M | $20.8M | $38.7M | $16.8M |
| Property, Plant & Equipment | $1.33B | $1.34B | $1.29B | $1.18B | $651.4M | $638.8M | $929.2M | $542.0M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $1.41B | $1.41B | $1.38B | $1.27B | $684.2M | $663.5M | $973.0M | $567.1M |
| Liabilities | ||||||||
| Accounts Payable | $40.2M | $39.3M | $37.6M | $40.5M | $46.2M | $32.5M | $54.6M | $51.9M |
| Total Current Liabilities | $101.0M | $105.0M | $113.8M | $141.8M | $76.7M | $36.9M | $59.1M | $51.9M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $575.6M | $549.5M | $589.9M | $607.9M | $383.5M | $368.7M | $449.5M | $104.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $23.3M | $58.0M | $-9.4M | $-114.3M | $-252.9M | $-256.3M | $-2.9M | $-32.4M |
| Total Stockholders' Equity | $836.3M | $858.6M | $786.6M | $661.1M | $300.6M | $294.8M | $523.5M | $462.6M |