Ring Energy (REI) Interest Coverage Ratio (2011 - 2026)
Ring Energy's (REI) Interest Coverage Ratio was 6.00 for Q2 2026, up 200.5% from 2.00 a year earlier.
Analysis
Ring Energy (REI) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ring Energy's Interest Coverage Ratio came in at -4.75; for FY2025, it came in at -0.85.
- By year, Interest Coverage Ratio came in at 3.07 in FY2024 (-7.5%), 3.32 in FY2023 (-59.9%), 8.28 in FY2022 (+25.2%) and 6.61 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q3 2022.
- Year over year, Interest Coverage Ratio gained in 1 of the last five quarters, with growth averaging 14.2%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q3 2021 (growth of 370.1%); the low point was Q2 2023 (a decline of 83.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -16.49 (Q1 2026), -2.76 (Q4 2025) and -5.47 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 33.72 |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | -56.60 |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | 3.32 |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 57.03 |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | -123.23 |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 25.74 |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - | 6.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 |
| Mar 31, 2026 | -16.49 |
| Dec 31, 2025 | -2.76 |
| Sep 30, 2025 | -5.47 |
| Jun 30, 2025 | 2.00 |
| Mar 31, 2025 | 2.35 |
| Dec 31, 2024 | 2.34 |
| Sep 30, 2024 | 2.78 |
| Jun 30, 2024 | 3.82 |
| Mar 31, 2024 | 3.27 |
| Dec 31, 2023 | 3.52 |
| Sep 30, 2023 | 3.48 |
| Jun 30, 2023 | 2.81 |
| Mar 31, 2023 | 3.43 |
| Dec 31, 2022 | 4.84 |
| Sep 30, 2022 | 7.63 |
| Jun 30, 2022 | 16.51 |
| Mar 31, 2022 | 11.24 |
| Dec 31, 2021 | 9.00 |
| Sep 30, 2021 | 6.87 |
API Access
Ring Energy Interest Coverage 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=interest-coverage-ratio&ticker=REI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();