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.

  • For Q1 2021, Long-Term Deferred Tax changed N/A year-over-year to $54.4 million; the TTM value through Mar 2021 reached $54.4 million, changed N/A, while the annual FY2019 figure was $6.0 million, 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.
  • Across five years, Long-Term Deferred Tax topped out at $54.4 million in Q1 2021 and bottomed at $2.9 million in Q1 2019.
  • The 5-year median for Long-Term Deferred Tax is $11.2 million (2017), against an average of $15.7 million.
  • The largest annual shift saw Long-Term Deferred Tax skyrocketed 124.76% in 2017 before it crashed 64.75% in 2018.
  • A 5-year view of Long-Term Deferred Tax shows it 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.
  • Per Business Quant, the three most recent readings for REI's Long-Term Deferred Tax are $54.4 million (Q1 2021), $21.2 million (Q3 2020), and $20.7 million (Q2 2020).