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SD (SandRidge Energy) Cash-to-Debt : No Debt (1) (As of Jun. 2024)


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What is SandRidge Energy Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. SandRidge Energy's cash to debt ratio for the quarter that ended in Jun. 2024 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, SandRidge Energy could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for SandRidge Energy's Cash-to-Debt or its related term are showing as below:

SD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0   Med: 3.98   Max: No Debt
Current: No Debt

During the past 13 years, SandRidge Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 3.98.

SD's Cash-to-Debt is ranked better than
99.8% of 980 companies
in the Oil & Gas industry
Industry Median: 0.53 vs SD: No Debt

SandRidge Energy Cash-to-Debt Historical Data

The historical data trend for SandRidge Energy's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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SandRidge Energy Cash-to-Debt Chart

SandRidge Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 1.11 No Debt No Debt No Debt

SandRidge Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of SandRidge Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, SandRidge Energy's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SandRidge Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SandRidge Energy's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where SandRidge Energy's Cash-to-Debt falls into.



SandRidge Energy Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

SandRidge Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

SandRidge Energy had no debt (1).

SandRidge Energy's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

SandRidge Energy had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SandRidge Energy  (NYSE:SD) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


SandRidge Energy Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of SandRidge Energy's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


SandRidge Energy Business Description

Traded in Other Exchanges
Address
1 East Sheridan Avenue, Suite 500, Oklahoma City, OK, USA, 73104
SandRidge Energy Inc is a United States-based oil and natural gas company. It is engaged in the exploration, development, and production of crude oil, natural gas, and Natural gas liquids. Business activities of the group include Exploration and Production, Drilling and Oil Field Services, and Midstream Gas Services.
Executives
Brown Brandon Louis Sr. officer: SVP, Chief Financial Officer C/O SANDRIDGE ENERGY, INC., 1 EAST SHERIDAN, SUITE 500, OKLAHOMA CITY OK 73104
Grayson R Pranin officer: SVP, Chief Operating Officer 1 EAST SHERIDAN AVENUE, SUITE 500, OKLAHOMA CITY OK 73104
Nancy Martori Dunlap director C/O CVR REFINING, LP, 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Jaffrey Adam Firestone director C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Salah Gamoudi officer: CFO/CAO C/O SANDRIDGE ENERGY, INC., 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73102
Patricia A. Agnello director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Carl Fredrick Giesler officer: President and CEO 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Paul D. Mckinney officer: President & CEO 1177 WEST LOOP SOUTH, SUITE 1825, HOUSTON TX 77027
Jonathan Christodoro director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
John J Lipinski director C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Bob G Alexander director 6017 MORNING DOVE LANE, EDMOND OK 73025
Jonathan Frates director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Kenneth H Beer director 625 E. KALISTE SALOOM RD., LAFAYETTE LA 70508
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056