Ring Financial Statements From 2010 to 2024
| KWE1 Stock | EUR 1.40 0.01 0.72% |
Check Ring Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ring Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ring financial statements analysis is a perfect complement when working with Ring Energy Valuation or Volatility modules.
Ring |
Ring Energy Company Return On Asset Analysis
Ring Energy's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Ring Energy Return On Asset | 0.11 |
Most of Ring Energy's fundamental indicators, such as Return On 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.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Ring Energy has a Return On Asset of 0.111. This is 177.5% higher than that of the Energy sector and 101.52% lower than that of the Oil & Gas E&P industry. The return on asset for all Germany stocks is 179.29% lower than that of the firm.
Ring Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ring Energy's current stock value. Our valuation model uses many indicators to compare Ring Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ring Energy competition to find correlations between indicators driving Ring Energy's intrinsic value. More Info.Ring Energy is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.34 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ring Energy is roughly 2.90 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ring Energy's earnings, one of the primary drivers of an investment's value.About Ring Energy Financial Statements
Ring Energy stakeholders use historical fundamental indicators, such as Ring Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ring Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ring Energy's assets and liabilities are reflected in the revenues and expenses on Ring Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ring Energy. Please read more on our technical analysis and fundamental analysis pages.
As of June 28, 2012, Ring Energy, Inc. was acquired by Stanford Energy Company, in a reverse merger transaction. Ring Energy, Inc. was founded in 2004 and is based in Tulsa, Oklahoma. RING ENERGY is traded on Frankfurt Stock Exchange in Germany.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Ring Stock
When determining whether Ring Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ring Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ring Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ring Energy Stock:Check out the analysis of Ring Energy Correlation against competitors. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.