Growth Metrics

Ring Energy (REI) Long-Term Deferred Tax (2016 - 2021)

Ring Energy's Long-Term Deferred Tax history spans 9 years, with the latest figure at $54.4 million for Q1 2021.

  • On a quarterly basis, Long-Term Deferred Tax changed N/A to $54.4 million in Q1 2021 year-over-year; TTM through Mar 2021 was $54.4 million, a N/A change, with the full-year FY2019 number at $6.0 million, down 22.93% from a year prior.
  • Long-Term Deferred Tax hit $54.4 million in Q1 2021 for Ring Energy, up from $21.2 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for REI hit a ceiling of $54.4 million in Q1 2021 and a floor of $2.9 million in Q1 2019.
  • Historically, Long-Term Deferred Tax has averaged $15.7 million across 5 years, with a median of $11.2 million in 2017.
  • Biggest five-year swings in Long-Term Deferred Tax: surged 124.76% in 2017 and later plummeted 64.75% in 2018.
  • Tracing REI's Long-Term Deferred Tax over 5 years: stood at $11.2 million in 2017, then crashed by 30.68% to $7.8 million in 2018, then decreased by 22.93% to $6.0 million in 2019, then surged by 252.47% to $21.2 million in 2020, then skyrocketed by 157.17% to $54.4 million in 2021.
  • Business Quant data shows Long-Term Deferred Tax for REI at $54.4 million in Q1 2021, $21.2 million in Q3 2020, and $20.7 million in Q2 2020.