Ring Energy (REI) - Net Assets

Net assets on the balance sheet as of June 2024 : S$1.06 B

According to Ring Energy 's latest financial reports the company has S$1.06 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	$S$1.03 B	17.21%
2022-12-31	$S$0.88 B	118.61%
2021-12-31	$S$0.40 B	4.04%
2020-12-31	$S$0.38 B	-44.64%
2019-12-31	$S$0.70 B	11.71%
2018-12-31	$S$0.63 B	32.12%
2017-12-31	$S$0.47 B	13.43%
2016-12-31	$S$0.42 B	59.48%
2015-12-31	$S$0.26 B	40%
2014-12-31	$S$0.18 B	44.85%
2013-12-31	$S$0.13 B	305.54%
2012-12-31	$S$32.06 M	-702.85%
2011-12-31	$-S$5.32 M	-542.23%
2010-12-31	$S$1.2 M	-15.41%
2009-12-31	$S$1.42 M
2009-09-30	$S$1.5 M	-24.54%
2008-09-30	$S$1.98 M	-2366.95%
2007-09-30	$-S$0.09 M	-1343.78%
2006-09-30	$S$0 M	-1590.84%
2005-09-30	$-S$0.01 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Laredo Petroleum LPI	S$1.30 B	22.42%	🇺🇸 USA

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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 : S$1.06 B