SandRidge Current Ratio from 2010 to 2025

SD Stock  USD 10.31  0.17  1.68%   
SandRidge Energy's Current Ratio is increasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 1.20. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.10665897
Current Value
1.2
Quarterly Volatility
1.49563439
 
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Check SandRidge Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SandRidge Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.9 M, Interest Expense of 124.5 K or Total Revenue of 119 M, as well as many indicators such as Price To Sales Ratio of 5.43, Dividend Yield of 0.17 or PTB Ratio of 0.9. SandRidge financial statements analysis is a perfect complement when working with SandRidge Energy Valuation or Volatility modules.
  
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Check out the analysis of SandRidge Energy Correlation against competitors.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.

Latest SandRidge Energy's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of SandRidge Energy over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. SandRidge Energy's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SandRidge Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.23 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

SandRidge Current Ratio Regression Statistics

Arithmetic Mean1.67
Geometric Mean1.28
Coefficient Of Variation89.32
Mean Deviation1.05
Median1.20
Standard Deviation1.50
Sample Variance2.24
Range5.1966
R-Value0.50
Mean Square Error1.79
R-Squared0.25
Significance0.05
Slope0.16
Total Sum of Squares33.55

SandRidge Current Ratio History

2024 2.11
2023 5.63
2022 4.82
2021 2.53
2020 0.74
2019 0.44
2018 0.53

About SandRidge Energy Financial Statements

SandRidge Energy stakeholders use historical fundamental indicators, such as SandRidge Energy's Current Ratio, to determine how well the company is positioned to perform in the future. Although SandRidge Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in SandRidge Energy's assets and liabilities are reflected in the revenues and expenses on SandRidge Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SandRidge Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.11  1.20 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of SandRidge Energy Correlation against competitors.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SandRidge Energy. If investors know SandRidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SandRidge Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.167
Dividend Share
0.44
Earnings Share
1.74
Revenue Per Share
3.709
Quarterly Revenue Growth
0.407
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.