RING ENERGY, INC. (REI) Quick Ratio % [USD] 2023 - 2024

Historical data

Taxonomy & unit
ratio: %
Description
The acid-test ratio, also called the quick ratio, is a metric used to see if a company is positioned to sell assets within 90 days to meet immediate expenses.
Summary
Ring Energy, Inc. quarterly Quick Ratio history and growth rate from 2023 to 2024.
  • Ring Energy, Inc. Quick Ratio for the quarter ending March 31, 2024 was 5.15 %.
Quick Ratio, Quarterly (% [USD])
Period Value YoY Chg Change % Date
Q1 2024 5.15 Mar 31, 2024
Q4 2023 5.83 Dec 31, 2023
Q3 2023 6.13 Sep 30, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.