SandRidge Energy Balance Sheet Health
Financial Health criteria checks 6/6
SandRidge Energy has a total shareholder equity of $468.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $574.2M and $106.1M respectively. SandRidge Energy's EBIT is $64.6M making its interest coverage ratio -6.1. It has cash and short-term investments of $252.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -6.1x |
Cash | US$252.41m |
Equity | US$468.11m |
Total liabilities | US$106.06m |
Total assets | US$574.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SA2D's short term assets ($277.9M) exceed its short term liabilities ($49.3M).
Long Term Liabilities: SA2D's short term assets ($277.9M) exceed its long term liabilities ($56.7M).
Debt to Equity History and Analysis
Debt Level: SA2D is debt free.
Reducing Debt: SA2D had no debt 5 years ago.
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.