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Ring Energy Inc$0.66($.02)(3.28%)

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Balance Sheet for Ring Energy Inc
(Amounts are in millions) 12/2019 12/2018 12/2017
Cash $10.00 $3.36 $15.01
Marketable Securities $0.00 $0.00 $0.00
Receivables $24.72 $13.22 $13.89
Inventory $0.00 $0.00 $0.00
Raw Materials N/A N/A N/A
Work in Progress N/A N/A N/A
Finished Goods N/A N/A N/A
Notes Receivable $0.00 $0.00 $0.00
Other Current Assets $3.98 $0.26 $0.23
Total Current Assets $38.71 $16.84 $29.12
 
Property, Plant & Equipment $1,086.29 $642.59 $435.48
Accumulated Depreciation $157.07 $100.58 $61.86
Net Property, Plant & Equipment $929.22 $542.01 $373.61
Investment & Advances $0.00 $0.00 $0.00
Other non-current Assets $0.00 $0.00 $0.00
Deferred Charges $3.21 $8.21 $11.37
Intangibles $0.00 $0.00 $0.00
Deposits & other assets $0.00 $0.00 $0.00
TOTAL ASSETS $973.01 $567.07 $414.10
 
Notes Payable $0.00 $0.00 $0.00
Accounts Payable $54.64 $51.91 $44.48
Current Portion of Long-term Debt $0.00 $0.00 $0.00
Current Portion of Capital Leases $0.28 $0.00 $0.00
Accrued Expenses $0.00 $0.00 $0.00
Income Taxes Payable $0.00 $0.00 $0.00
Other Current Liabilities $3.00 $0.00 $3.97
Total Current Liabilities $59.09 $51.91 $48.44
 
Mortgages $0.00 $0.00 $0.00
Deferred Charges (taxes/income) $6.00 $0.00 $0.00
Convertible Debt $0.00 $0.00 $0.00
Long Term Debt $366.50 $39.50 $0.00
Non-Current Capital Leases $0.42 $0.00 $0.00
Other Long-Term Debt $16.79 $13.06 $9.06
Minority Interest (liabilities) $0.00 $0.00 $0.00
TOTAL LIABILITIES $449.50 $104.47 $57.50
 
Preferred Stock $0.00 $0.00 $0.00
Common Stock, Net $0.07 $0.06 $0.05
Capital Surplus $526.30 $494.89 $397.90
Retained Earnings ($2.86) ($32.36) ($41.36)
Treasury Stock $0.00 $0.00 $0.00
Other Liabilities $0.00 $0.00 $0.00
SHAREHOLDERS' EQUITY $523.51 $462.60 $356.60
TOTAL LIABILITES &SHAREHOLDERS EQUITY $973.01 $567.07 $414.10




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