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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Interest Expense : $0.00 Mil (TTM As of Jun. 2021)


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What is SandRidge Mississippian Trust I Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SandRidge Mississippian Trust I's interest expense for the three months ended in Jun. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. SandRidge Mississippian Trust I's Operating Income for the three months ended in Jun. 2021 was $ 4.96 Mil. SandRidge Mississippian Trust I's Interest Expense for the three months ended in Jun. 2021 was $ 0.00 Mil. SandRidge Mississippian Trust I has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

SandRidge Mississippian Trust I Interest Expense Historical Data

The historical data trend for SandRidge Mississippian Trust I's Interest Expense 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.

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SandRidge Mississippian Trust I Interest Expense Chart

SandRidge Mississippian Trust I Annual Data
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Interest Expense
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SandRidge Mississippian Trust I Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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SandRidge Mississippian Trust I Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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 Mississippian Trust I  (OTCPK:SDTTU) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

SandRidge Mississippian Trust I's Interest Expense for the three months ended in Jun. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2021 was $4.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $0.00 Mil.

SandRidge Mississippian Trust I's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

SandRidge Mississippian Trust I had no long-term 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.

The higher the ratio, the stronger the company's financial strength is.

SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SandRidge Mississippian Trust I (OTCPK:SDTTU) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
Website
https://sdt.q4web.com
SandRidge Mississippian Trust I is a statutory trust which holds royalty interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods counties in Oklahoma. The royalty interests entitle the Trust to receive most of the proceeds from the sale of oil, natural gas, and natural gas liquids.
Executives
Sandridge Energy Inc 10 percent owner 123 ROBERT S. KERR AVENUE OKLAHOMA CITY OK 73102-6406