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Spindletop Oil & Gas CoSPND 66 Cash Ratio is 0.73 as of Mar. 2026, which is 47% below its 10-year median of 1.38. GuruFocus rates SPND with a GF Score™ of 66/100 and a GF Value™ of $2.57 (Fairly Valued). The stock has 2 warning signs investors should review. Among 964 Oil & Gas companies, Spindletop Oil & Gas Co ranks better than 63.59% on this metric.
Spindletop Oil & Gas Co has a Cash Ratio of 0.73. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Spindletop Oil & Gas Co's Cash Ratio or its related term are showing as below:
SPND'
s Cash Ratio Range Over the Past 10 Years
Min: 0.58 Med: 1.38 Max: 2.69
Current: 0.73
During the past 13 years, Spindletop Oil & Gas Co's highest Cash Ratio was 2.69. The lowest was 0.58. And the median was 1.38.
SPND's Cash Ratio is ranked better than 63.59% of 964
companies
in the Oil & Gas industry
Industry Median: 0.44
vs SPND: 0.73
Spindletop Oil & Gas Co (OTCPK:SPND) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Spindletop Oil & Gas Co Cash Ratio Related Terms
Spindletop Oil & Gas Co Cash Ratio Historical Data
* 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.
For the Oil & Gas E&P subindustry, Spindletop Oil & Gas Co's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Spindletop Oil & Gas Co Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Spindletop Oil & Gas Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Spindletop Oil & Gas Co's Cash Ratio falls into.
* 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.
Spindletop Oil & Gas Co (SPND) has a Cash Ratio of 0.73 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Spindletop Oil & Gas Co and its competitors. This is 47% below median its historical median of 1.38. Over the past decade, Spindletop Oil & Gas Co's Cash Ratio has ranged from 0.58 to 2.69. According to the industry distribution chart, Spindletop Oil & Gas Co ranks #351 out of 964 companies in the Oil & Gas industry, placing it in the top 36.4%.
Is Spindletop Oil & Gas Co's Cash Ratio too high?
Spindletop Oil & Gas Co's current Cash Ratio of 0.73 is 47% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 2.69. The Oil & Gas industry median Cash Ratio is 0.44. Spindletop Oil & Gas Co's value of 0.73 is 65.9% above this industry median. Based on the distribution chart, Spindletop Oil & Gas Co ranks #351 out of 964 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Spindletop Oil & Gas Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spindletop Oil & Gas Co's Cash Ratio compare to MXC and BRN?
According to the Oil & Gas industry distribution chart, Spindletop Oil & Gas Co ranks #351 out of 964 companies for Cash Ratio. This puts Spindletop Oil & Gas Co in the upper half of its industry. The industry median Cash Ratio is 0.44. Spindletop Oil & Gas Co's value of 0.73 is 65.9% above this benchmark. Historically, Spindletop Oil & Gas Co's own Cash Ratio has ranged from 0.58 to 2.69 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 0.44, Spindletop Oil & Gas Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.44, based on 964 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spindletop Oil & Gas Co's current Cash Ratio of 0.73 is 65.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Spindletop Oil & Gas Co and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindletop Oil & Gas Co's current Cash Ratio is 0.73, which is 47% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindletop Oil & Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Spindletop Oil & Gas Co (SPND) is currently considered Fairly Valued. The stock's GF Value™ is $2.57, compared to a current price of $2.55 — trading 0.8% below its estimated fair value. The current Cash Ratio is 0.73, which is 47% below median its 10-year median of 1.38 and 65.9% above the Oil & Gas industry median of 0.44. Spindletop Oil & Gas Co's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Spindletop Oil & Gas Co (SPND), the current Cash Ratio is 0.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spindletop Oil & Gas Co (SPND) Overvalued in 2026?
Based on GuruFocus' analysis, Spindletop Oil & Gas Co stock appears to be undervalued.
The current stock price of $2.55 is trading 0.8% below its estimated GF Value™ of $2.57.
GuruFocus considers Spindletop Oil & Gas Co to be Fairly Valued.
Key valuation signals for SPND:
Cash Ratio: 0.73 (47% below median its 10-year median of 1.38)
GF Value™: $2.57 vs. price of $2.55 (0.8% below fair value)
Industry Position: 65.9% above the Oil & Gas median (#351 of 964)
No single metric tells the full story. See the SPND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindletop Oil & Gas Co is an independent oil and gas company engaged in the exploration, development, production, and acquisition of oil and natural gas. In addition, it also provides the rental of oilfield equipment and is engaged in the gathering and marketing of natural gas. The oil and gas properties of the company are spread across Texas, Oklahoma, New Mexico, Louisiana, and Alabama. The company's operating business segments are: oil and gas exploration, acquisition, development and production of oil and natural gas; natural gas gathering; and commercial real estate investment. A majority of its revenue is generated from the oil and gas exploration, production, and operations segment.
66GF Score
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