Ring Energy (REI) Debt Ratio (2011 - 2026)
Ring Energy's (REI) Debt Ratio came in at 0.28 for Q2 2026, down 4.8% from 0.30 a year earlier and down 16.9% from the prior quarter.
Analysis
Ring Energy (REI) Debt Ratio (2011 - 2026) Analysis & Trends
For FY2025, Ring Energy's Debt Ratio stood at 0.30, up 8.8% from FY2024.
- In prior years, Ring Energy's Debt Ratio was 0.27 in FY2024 (-11.4%), 0.31 in FY2023 (-5.6%), 0.33 in FY2022 (-22.9%) and 0.42 in FY2021 (-10.0%).
- The Q2 2026 figure stands as the lowest quarterly Debt Ratio since Q4 2024.
- On a year-over-year basis, Debt Ratio increased in five of the last eight quarters, with growth averaging 0.1%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q1 2026, with growth of 11.1%; the weakest was Q4 2022, with a decline of 22.9%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.34 (Q1 2026), 0.30 (Q4 2025) and 0.30 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 0.17 |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 0.00 |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | 0.11 |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 0.21 |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 0.19 |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 0.25 |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | 0.10 |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.34 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.31 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.33 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.36 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | 0.44 |
API Access
Ring Energy Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=REI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "REI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();