RING ENERGY, INC. (REI) Interest Expense USD 2010 - 2024

Historical data

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Ring Energy, Inc. quarterly/annual Interest Expense history and growth rate from 2010 to 2024.
  • Ring Energy, Inc. Interest Expense for the quarter ending March 31, 2024 was $11.5 M, a 10.7% increase year-over-year.
  • Ring Energy, Inc. Interest Expense for the twelve months ending March 31, 2024 was $45 M, a 49.3% increase year-over-year.
  • Ring Energy, Inc. annual Interest Expense for 2023 was $43.9 M, a 89.6% increase from 2022.
  • Ring Energy, Inc. annual Interest Expense for 2022 was $23.2 M, a 59.9% increase from 2021.
  • Ring Energy, Inc. annual Interest Expense for 2021 was $14.5 M, a 17.8% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $45 M $11.5 M +$1.11 M +10.7% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-06
Q4 2023 $43.9 M $11.6 M +$2.14 M +22.6% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-07
Q3 2023 $41.8 M $11.4 M +$4.36 M +62.1% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-02
Q2 2023 $37.4 M $10.6 M +$7.27 M +222% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-03
Q1 2023 $30.2 M $10.4 M +$6.99 M +206% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-06
Q4 2022 $23.2 M $9.47 M +$5.93 M +167% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-07
Q3 2022 $17.2 M $7.02 M +$3.47 M +97.7% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-02
Q2 2022 $13.8 M $3.28 M -$375 K -10.3% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-03
Q1 2022 $14.1 M $3.4 M -$344 K -9.18% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-03
Q4 2021 $14.5 M $3.54 M -$1.12 M -24% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-07
Q3 2021 $15.6 M $3.55 M -$906 K -20.3% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-10
Q2 2021 $16.5 M $3.65 M -$599 K -14.1% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-04
Q1 2021 $17.1 M $3.74 M -$507 K -11.9% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-10
Q4 2020 $17.6 M $4.66 M +$383 K +8.95% Oct 1, 2020 Dec 31, 2020 10-K 2023-03-09
Q3 2020 $17.2 M $4.46 M -$99.3 K -2.18% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-09
Q2 2020 $17.3 M $4.25 M -$6.87 K -0.16% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-09
Q1 2020 $17.3 M $4.25 M +$3.48 M +450% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-10
Q4 2019 $13.9 M $4.28 M +$3.93 M +1149% Oct 1, 2019 Dec 31, 2019 10-K 2022-03-16
Q3 2019 $9.93 M $4.56 M +$4.52 M +11029% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-09
Q2 2019 $5.42 M $4.26 M +$4.26 M Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-10
Q1 2019 $1.16 M $773 K +$729 K +1638% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-11
Q4 2018 $428 K $342 K +$342 K Oct 1, 2018 Dec 31, 2018 10-K/A 2021-03-17
Q3 2018 $85.4 K $40.9 K +$40.9 K Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-06
Q2 2018 $44.5 K $0 $0 Apr 1, 2018 Jun 30, 2018 10-Q 2018-08-08
Q1 2018 $44.5 K $44.5 K +$44.5 K Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-08
Q4 2017 $0 $0 -$51.1 K -100% Oct 1, 2017 Dec 31, 2017 10-K 2020-03-16
Q3 2017 $51.1 K $0 -$95.9 K -100% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-06
Q2 2017 $147 K $0 -$86.5 K -100% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-08
Q1 2017 $234 K $0 -$416 K -100% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-08
Q4 2016 $649 K $51.1 K -$268 K -84% Oct 1, 2016 Dec 31, 2016 10-K 2019-02-28
Q3 2016 $917 K $95.9 K -$255 K -72.7% Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-08
Q2 2016 $1.17 M $86.5 K +$7.53 K +9.54% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-08
Q1 2016 $1.16 M $416 K +$416 K Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-09
Q4 2015 $749 K $319 K Oct 1, 2015 Dec 31, 2015 10-K 2018-03-15
Q3 2015 $351 K +$351 K Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-08
Q2 2015 $79 K +$79 K Apr 1, 2015 Jun 30, 2015 10-Q 2016-08-08
Q1 2015 $0 Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-09
Q3 2014 $0 $0 Jul 1, 2014 Sep 30, 2014 10-Q 2015-11-09
Q2 2014 $0 $0 Apr 1, 2014 Jun 30, 2014 10-Q 2015-08-10
Q4 2013 $9.89 K $9.89 K -$431 K -97.8% Oct 1, 2013 Dec 31, 2013 10-K 2016-03-15
Q3 2013 $441 K $0 +$34 K Jul 1, 2013 Sep 30, 2013 10-Q 2013-11-07
Q2 2013 $407 K $0 +$94 K Apr 1, 2013 Jun 30, 2013 10-Q 2013-08-13
Q1 2013 $313 K $0 +$93.8 K Jan 1, 2013 Mar 31, 2013 10-Q 2013-05-14
Q4 2012 $219 K $441 K +$410 K +1326% Oct 1, 2012 Dec 31, 2012 10-K 2015-03-16
Q3 2012 -$191 K -$34 K -$3.08 K -9.97% Jul 1, 2012 Sep 30, 2012 10-Q 2013-11-07
Q2 2012 -$188 K -$94 K -$94 K Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-13
Q1 2012 -$93.8 K -$93.8 K -$93.8 K Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-14
Q4 2011 $0 $30.9 K Oct 1, 2011 Dec 31, 2011 10-K 2012-03-20
Q3 2011 -$30.9 K Jul 1, 2011 Sep 30, 2011 10-Q 2012-11-14
Q2 2011 $0 $0 Apr 1, 2011 Jun 30, 2011 10-Q/A 2011-08-31
Q1 2011 $0 Jan 1, 2011 Mar 31, 2011 10-Q 2012-05-15
Q2 2010 $0 Apr 1, 2010 Jun 30, 2010 10-Q/A 2011-08-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.