Balance Sheet Data

Ring Energy, Inc. (REI)

$2.31

-0.06 (-2.53%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 15.013.36103.582.4119.6228.1840.4758.1283.47
Total Cash (%)
Account Receivables 13.8913.2224.7216.8326.4641.0658.9784.69121.63174.67
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 44.4851.9154.6432.5046.23107.21153.96221.10317.53456
Accounts Payable (%)
Capital Expenditure -157.91-203.53-155.53-43.83-53.24-311.03-446.67-641.47-921.22-1,322.97
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.