Growth Metrics

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

Ring Energy (REI) has disclosed Long-Term Deferred Tax for 9 consecutive years, with $54.4 million as the latest value for Q1 2021.

  • Quarterly Long-Term Deferred Tax changed N/A to $54.4 million in Q1 2021 from the year-ago period, while the trailing twelve-month figure was $54.4 million through Mar 2021, changed N/A year-over-year, with the annual reading at $6.0 million for FY2019, 22.93% down from the prior year.
  • Long-Term Deferred Tax for Q1 2021 was $54.4 million at Ring Energy, up from $21.2 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $54.4 million in Q1 2021, with the low at $2.9 million in Q1 2019.
  • Average Long-Term Deferred Tax over 5 years is $15.7 million, with a median of $11.2 million recorded in 2017.
  • The sharpest move saw Long-Term Deferred Tax soared 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 dropped by 22.93% to $6.0 million in 2019, then skyrocketed by 252.47% to $21.2 million in 2020, then soared by 157.17% to $54.4 million in 2021.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods came in at $54.4 million, $21.2 million, and $20.7 million for Q1 2021, Q3 2020, and Q2 2020 respectively.