Ring Energy (REI) Long-Term Deferred Tax (2012 - 2021)

Ring Energy has reported Long-Term Deferred Tax for 8 years, with the latest figure at $54.4 million in Q1 2021.

• Quarterly Long-Term Deferred Tax changed N/A year-over-year to $54.4 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was $54.4 million (changed N/A YoY) and the FY2019 annual result came in at $6.0 million, down 22.93% from the prior year.
• Long-Term Deferred Tax grew to $54.4 million in Q1 2021 per REI's latest filing, from $21.2 million in the prior quarter.
• Over five years, Long-Term Deferred Tax peaked at $54.4 million in Q1 2021 and troughed at $2.9 million in Q1 2019.
• A 5-year average of $15.7 million and a median of $11.2 million in 2017 frame the typical range for Long-Term Deferred Tax.
• The sharpest annual moves came in 2017 and 2018: Long-Term Deferred Tax surged 124.76% in 2017, then tumbled 64.75% in 2018.
• Over 5 years, Long-Term Deferred Tax stood at $11.2 million in 2017, then tumbled by 30.68% to $7.8 million in 2018, then slipped by 22.93% to $6.0 million in 2019, then soared by 252.47% to $21.2 million in 2020, then surged by 157.17% to $54.4 million in 2021.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $54.4 million, $21.2 million, and $20.7 million for Q1 2021, Q3 2020, and Q2 2020 respectively.