RING ENERGY, INC. Quarterly Quick Ratio in % from Q3 2023 to Q4 2024
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 Q3 2023 to Q4 2024.
Ring Energy, Inc. Quick Ratio for the quarter ending December 31, 2024 was 4.72 %, a 19% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period
Value
YoY Chg
Change %
Date
Q4 2024
4.72
-1.11
-19%
Dec 31, 2024
Q3 2024
5.1
-1.02
-16.7%
Sep 30, 2024
Q2 2024
4.73
Jun 30, 2024
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.
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