RING ENERGY, INC. Annual Return On Equity in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Ring Energy, Inc. quarterly/annual Return On Equity history and growth rate from 2012 to 2023.
  • Ring Energy, Inc. Return On Equity for the quarter ending June 30, 2024 was 9.11 %, a 60.7% decline year-over-year.
  • Ring Energy, Inc. annual Return On Equity for 2023 was 14.2 %, a 53.1% decline from 2022.
  • Ring Energy, Inc. annual Return On Equity for 2022 was 30.2 %, a 2431% increase from 2021.
  • Ring Energy, Inc. annual Return On Equity for 2021 was 1.19 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 14.2 -16.1 -53.1% Jan 1, 2023 Dec 31, 2023
2022 30.2 +29 +2431% Jan 1, 2022 Dec 31, 2022
2021 1.19 +59.8 Jan 1, 2021 Dec 31, 2021
2020 -58.6 -64.5 -1102% Jan 1, 2020 Dec 31, 2020
2019 5.85 +3.87 +195% Jan 1, 2019 Dec 31, 2019
2018 1.98 +1.45 +270% Jan 1, 2018 Dec 31, 2018
2017 0.54 +17.4 Jan 1, 2017 Dec 31, 2017
2016 -16.9 -11.8 -233% Jan 1, 2016 Dec 31, 2016
2015 -5.07 -11.5 -179% Jan 1, 2015 Dec 31, 2015
2014 6.44 +7.27 Jan 1, 2014 Dec 31, 2014
2013 -0.82 +9.6 +92.1% Jan 1, 2013 Dec 31, 2013
2012 -10.4 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.