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Ring Energy, Inc.: 10-Q filed 2016-08-08

What Ring Energy, Inc. reported in its quarterly report filed 2016-08-08 (fiscal Q2 2016): 31 published measures, 88 facts as tagged in accession 0001144204-16-117209.

This filing

Form
10-Q (quarterly report)
Filed
2016-08-08
Fiscal period
fiscal Q2 2016
Accession
0001144204-16-117209 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Ring Energy, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2016-06-30228,570,644USD
At 2015-12-31250,866,245USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2016-06-3011,276,596USD
At 2015-12-3164,635,117USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2016-06-30217,294,048USD
At 2015-12-31186,231,128USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2016-06-308,328,712USD
At 2015-12-314,431,350USD
At 2015-06-305,767,566USD
At 2014-12-318,622,235USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-15,941,500USD91
2016-01-01 to 2016-06-30-31,216,544USD182
2015-04-01 to 2015-06-30534,167USD91
2015-01-01 to 2015-06-30-441,457USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2016-06-30-38,284,842USD
At 2015-12-31-7,068,298USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2016-04-01 to 2016-06-3038,625,307shares91
2016-01-01 to 2016-06-3034,509,833shares182
2015-04-01 to 2015-06-3026,121,822shares91
2015-01-01 to 2015-06-3025,935,204shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2016-04-01 to 2016-06-3038,625,307shares91
2016-01-01 to 2016-06-3034,509,833shares182
2015-04-01 to 2015-06-3027,172,598shares91
2015-01-01 to 2015-06-3025,935,204shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-0.41USD/shares91
2016-01-01 to 2016-06-30-0.9USD/shares182
2015-04-01 to 2015-06-300.02USD/shares91
2015-01-01 to 2015-06-30-0.02USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-0.41USD/shares91
2016-01-01 to 2016-06-30-0.9USD/shares182
2015-04-01 to 2015-06-300.02USD/shares91
2015-01-01 to 2015-06-30-0.02USD/shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-9,586,959USD91
2016-01-01 to 2016-06-30-18,558,016USD182
2015-04-01 to 2015-06-30406,516USD91
2015-01-01 to 2015-06-30-166,469USD181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2016-06-30196,936,634USD
At 2015-12-31241,266,527USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2016-01-01 to 2016-06-301,091,967USD182
2015-01-01 to 2015-06-301,311,174USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-25,516,087USD91
2016-01-01 to 2016-06-30-49,349,567USD182
2015-04-01 to 2015-06-301,019,686USD91
2015-01-01 to 2015-06-30-529,703USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2016-06-3012,470,305USD
At 2015-12-318,714,491USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2016-04-01 to 2016-06-3086,538USD91
2016-01-01 to 2016-06-30502,046USD182
2015-04-01 to 2015-06-3079,005USD91
2015-01-01 to 2015-06-3079,005USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2016-06-303,554,577USD
At 2015-12-3111,333,167USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2016-06-303,554,577USD
At 2015-12-3111,023,269USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2016-06-302,919,015USD
At 2015-12-312,507,858USD

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2016-06-3041,917,061shares
At 2015-12-3130,391,942shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2016-06-30255,536,973USD
At 2015-12-31193,269,034USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2016-06-300USD
At 2015-12-3145,900,000USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2016-06-30232,774,300USD
At 2015-12-31271,130,365USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2016-06-3035,837,666USD
At 2015-12-3129,863,838USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-25,528,459USD91
2016-01-01 to 2016-06-30-49,774,560USD182
2015-04-01 to 2015-06-30940,683USD91
2015-01-01 to 2015-06-30-607,926USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2016-04-01 to 2016-06-301,920,387USD91
2016-01-01 to 2016-06-304,140,459USD182
2015-04-01 to 2015-06-302,043,730USD91
2015-01-01 to 2015-06-303,772,717USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2016-04-01 to 2016-06-3078,878USD91
2016-01-01 to 2016-06-30157,756USD182
2015-04-01 to 2015-06-3074,888USD91
2015-01-01 to 2015-06-30128,643USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2016-04-01 to 2016-06-30-12,372USD91
2016-01-01 to 2016-06-30-424,993USD182
2015-04-01 to 2015-06-30-79,003USD91
2015-01-01 to 2015-06-30-78,223USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2016-01-01 to 2016-06-30468,777USD182
2015-01-01 to 2015-06-300USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2016-01-01 to 2016-06-3061,074,997USD182
2015-01-01 to 2015-06-3048,915,744USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2016-01-01 to 2016-06-30-417,610USD182
2015-01-01 to 2015-06-30347,968USD181

Inspect the source

Entity
Ring Energy, Inc. / CIK 0001384195
Captured
2026-09-20T07:58:40.870Z
SEC response SHA-256
c2ad7dddd313ed88d796859f1956ff891db07a6bc93012a8b160bb8b99ab20d4

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001384195.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))