Ring Energy, Inc.REINYSE
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Current Ratio Over Time
Below historical average, slight contraction.
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Current ratio (current assets / current liabilities)
Latest
0.48
↓ 63% below average
Average (9y)
1.30
Historical baseline
Range
High:8.27
Low:0.32
CAGR
-5.1%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.48 | -2.2% |
| 2023 | 0.49 | +10.3% |
| 2022 | 0.45 | +14.6% |
| 2021 | 0.39 | -31.0% |
| 2020 | 0.56 | -14.0% |
| 2019 | 0.66 | +101.9% |
| 2018 | 0.32 | -46.0% |
| 2017 | 0.60 | -92.7% |
| 2016 | 8.27 | +975.1% |
| 2015 | 0.77 | - |