Ring Energy (REI) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.32 B

According to Ring Energy 's latest financial reports the company has NZ$1.32 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ring Energy - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.24 B	19.45%
2022-12-31	$NZ$1.04 B	137.21%
2021-12-31	$NZ$0.43 B	7.1%
2020-12-31	$NZ$0.40 B	-47.19%
2019-12-31	$NZ$0.77 B	12.58%
2018-12-31	$NZ$0.68 B	37.29%
2017-12-31	$NZ$0.50 B	19.71%
2016-12-31	$NZ$0.41 B	53.97%
2015-12-31	$NZ$0.27 B	49.92%
2014-12-31	$NZ$0.18 B	45.44%
2013-12-31	$NZ$0.12 B	290.94%
2012-12-31	$NZ$31.95 M	-707.36%
2011-12-31	$-NZ$5.27 M	-533.26%
2010-12-31	$NZ$1.21 M	-13.44%
2009-12-31	$NZ$1.4 M
2009-09-30	$NZ$1.47 M	-28.08%
2008-09-30	$NZ$2.05 M	-2712.26%
2007-09-30	$-NZ$0.08 M	-1255.84%
2006-09-30	$NZ$0 M	-1779.29%
2005-09-30	$-NZ$0.01 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Laredo Petroleum LPI	NZ$1.61 B	22.42%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Ring Energy (REI) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$1.32 B