SandRidge Energy Balance Sheet Health
Financial Health criteria checks 6/6
SandRidge Energy has a total shareholder equity of $446.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $565.2M and $118.5M respectively. SandRidge Energy's EBIT is $36.5M making its interest coverage ratio -3.8. It has cash and short-term investments of $92.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -3.8x |
| Cash | US$92.70m |
| Equity | US$446.76m |
| Total liabilities | US$118.48m |
| Total assets | US$565.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SA2D's short term assets ($125.6M) exceed its short term liabilities ($58.8M).
Long Term Liabilities: SA2D's short term assets ($125.6M) exceed its long term liabilities ($59.7M).
Debt to Equity History and Analysis
Debt Level: SA2D is debt free.
Reducing Debt: SA2D has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.
Debt Coverage: SA2D has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SA2D has no debt, therefore coverage of interest payments is not a concern.