Rings of single-walled carbon nanotubes (SWNTs) exist widely during water evaporation from their dispersions at low concentration on such substrates as silica wafer. We examine the phenomenon in terms of energy conservation between the increased significant curvature energy and the inherent inter-tube van der Waals (vdW) attraction potentials. And thereby, the observed multi ring structures for coarse and long SWNT bundles have also gained detailed interpretation. We conclude that carbon nanotubes (CNTs) coil into rings by their own elastic mechanism. The formed rings with different width and diameters originate from appropriate sizes of SWNTs or the bundles. Specially, the associated elasticity may have prospective potentials to reveal other fascinating self-assembling phenomenon on CNTs, for instance, the known liquid crystallinity of them. Besides, we have also analyzed the external factors to the ring formation, both statistically and dynamically.