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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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Ring Energy, Inc. quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
- Ring Energy, Inc. Interest Expense for the quarter ending March 31, 2024 was $11.5M, a 10.7% increase year-over-year.
- Ring Energy, Inc. Interest Expense for the twelve months ending March 31, 2024 was $45M, a 49.3% increase year-over-year.
- Ring Energy, Inc. annual Interest Expense for 2023 was $43.9M, a 89.6% increase from 2022.
- Ring Energy, Inc. annual Interest Expense for 2022 was $23.2M, a 59.9% increase from 2021.
- Ring Energy, Inc. annual Interest Expense for 2021 was $14.5M, a 17.8% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)