SandRidge Energy Balance Sheet Health

Financial Health criteria checks 6/6

SandRidge Energy has a total shareholder equity of $424.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $529.6M and $104.8M respectively. SandRidge Energy's EBIT is $44.0M making its interest coverage ratio -4.2. It has cash and short-term investments of $209.9M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-4.2x
CashUS$209.91m
EquityUS$424.81m
Total liabilitiesUS$104.76m
Total assetsUS$529.57m

Recent financial health updates

Recent updates

SandRidge Energy Makes A Major Western Anadarko Basin Acquisition

Aug 28

SandRidge Energy: Oil Production Decline Needs To Be Monitored

Jun 18

Why We Think The CEO Of SandRidge Energy, Inc. (NYSE:SD) May Soon See A Pay Rise

Jun 06
Why We Think The CEO Of SandRidge Energy, Inc. (NYSE:SD) May Soon See A Pay Rise

SandRidge Energy: Buying Value, Income And Safety

Apr 05

SandRidge: 10% Dividend Increase, Artificial Lift, And Cheap At 3x FCF

Jan 25

SandRidge Energy: Continues To Generate Substantial FCF As It Minimizes Development Spending

Nov 07

SandRidge Energy: Projected To End 2023 With Near $7 Per Share In Cash

Aug 18

Sandridge's Accretive Acquisition Confirms Improved Capital Allocation

Jul 26

Is Unit Corporation Or SandRidge Energy A More Compelling Investment?

Jul 18

SandRidge Energy Starts To Return Capital To Shareholders

Jun 08

SandRidge Energy: Oil Production Growth Offers Upside With Hedged Natural Gas Downside

Feb 08

SandRidge Energy: Could Reach $9 To $10 Per Share In Cash By End Of 2023

Jan 04

Here's Why We Think SandRidge Energy (NYSE:SD) Is Well Worth Watching

Nov 05
Here's Why We Think SandRidge Energy (NYSE:SD) Is Well Worth Watching

SandRidge Energy Non-GAAP EPS of $1.35, revenue of $70.9M

Nov 02

SandRidge Energy: NW Stack Development Expected To Boost Near-Term Oil Production

Aug 30

SandRidge Energy Non-GAAP EPS of $1.32, revenue of $69.76M

Aug 03

SandRidge Energy: Shares Plunge To Key Support As Oil Falls

Jul 24

Natural Gas Price Upside, Cash Protected Downside With SandRidge Energy

May 03

SandRidge Energy May Generate Over $100 Million In Positive Cash Flow

Apr 01

SandRidge: $4.40 In Net Cash Per Share, Back To Drilling

Mar 10

Calculating The Fair Value Of SandRidge Energy, Inc. (NYSE:SD)

Jan 24
Calculating The Fair Value Of SandRidge Energy, Inc. (NYSE:SD)

SandRidge Energy: Upside Will Be Determined By How Effectively It Uses Its Cash

Jan 24

SandRidge Energy Stock: Upside Case Is Murky

Dec 01

SandRidge Energy: Strong Cash Flow Generation Could Fund Selective Acquisitions

Oct 14

SandRidge Energy's (NYSE:SD) Solid Earnings Have Been Accounted For Conservatively

Aug 19
SandRidge Energy's (NYSE:SD) Solid Earnings Have Been Accounted For Conservatively

SandRidge Energy Turns Lemons Into Lemonade: Exceeds Expectations, Increases Guidance

Aug 16

SandRidge Energy (NYSE:SD) Has A Rock Solid Balance Sheet

Aug 12
SandRidge Energy (NYSE:SD) Has A Rock Solid Balance Sheet

SandRidge: This Unhedged Natural Gas Producer Could Crush Q2 Earnings And Is Too Cheap

Aug 06

SandRidge Energy: Now Projected To Generate Over $2 Per Share In Positive 2021 Cash Flow

Jul 17

Financial Position Analysis

Short Term Liabilities: SD's short term assets ($237.2M) exceed its short term liabilities ($46.2M).

Long Term Liabilities: SD's short term assets ($237.2M) exceed its long term liabilities ($58.6M).


Debt to Equity History and Analysis

Debt Level: SD is debt free.

Reducing Debt: SD has no debt compared to 5 years ago when its debt to equity ratio was 6.2%.

Debt Coverage: SD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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