Ring Energy (REI) - Cash on Hand

Cash on Hand as of June 2024 : A$1.76 M

According to Ring Energy 's latest financial reports the company has A$1.76 M in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Ring Energy - Cash on Hand chart (from 2006 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.43 M	-92.03%
2022-12-31	A$5.45 M	64.71%
2021-12-31	A$3.31 M	-28.68%
2020-12-31	A$4.64 M	-67.37%
2019-12-31	A$14.23 M	198.17%
2018-12-31	A$4.77 M	-75.17%
2017-12-31	A$19.22 M	-80.51%
2016-12-31	A$98.61 M	1521.05%
2015-12-31	A$6.08 M	-42.14%
2014-12-31	A$10.51 M	-82.09%
2013-12-31	A$58.69 M	1026.04%
2012-12-31	A$5.21 M	46896.67%
2011-12-31	A$0.01 M	-98.79%
2010-12-31	A$0.91 M	-17.24%
2009-12-31	A$1.11 M
2009-09-30	A$1.2 M	1021.17%
2008-09-30	A$0.1 M	12748.03%
2007-09-30	A$0 M	-97.15%
2006-09-30	A$0.02 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Laredo Petroleum LPI	A$74.9 M	4,136.56%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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