SPND (Spindletop Oil & Gas Co) Current Ratio: 1.15 (As of Mar. 2026) — 39% Below Median

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SPND Spindletop Oil & Gas Co SPND
65 GF Score
Price $2.55
GF Value $2.57
Valuation Fairly Valued
! 2 Warning Signs
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What is Spindletop Oil & Gas Co Current Ratio?

Spindletop Oil & Gas Co SPND -10.53% 65 Current Ratio is 1.15 as of Mar. 2026, which is 39% below its 10-year median of 1.90. GuruFocus rates SPND with a GF Score™ of 65/100 and a GF Value™ of $2.57 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,017 Oil & Gas companies, Spindletop Oil & Gas Co ranks worse than 59.59% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Spindletop Oil & Gas Co's current ratio for the quarter that ended in Mar. 2026 was 1.15.

Spindletop Oil & Gas Co has a current ratio of 1.15. It generally indicates good short-term financial strength.

The historical rank and industry rank for Spindletop Oil & Gas Co's Current Ratio or its related term are showing as below:

SPND' s Current Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.9   Max: 3.21
Current: 1.15

During the past 13 years, Spindletop Oil & Gas Co's highest Current Ratio was 3.21. The lowest was 0.94. And the median was 1.90.

SPND's Current Ratio is ranked worse than
59.59% of 1017 companies
in the Oil & Gas industry
Industry Median: 1.34 vs SPND: 1.15

Spindletop Oil & Gas Co  (OTCPK:SPND) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Spindletop Oil & Gas Co Current Ratio Related Terms


Spindletop Oil & Gas Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Spindletop Oil & Gas Co's Current Ratio 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.

Spindletop Oil & Gas Co Current Ratio Chart

Spindletop Oil & Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 2.43 1.42 1.29 0.94

Spindletop Oil & Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 1.42 1.40 0.96 0.94 1.15

SPND vs MXC, BRN, NRIS: Current Ratio Comparison

For the Oil & Gas E&P subindustry, Spindletop Oil & Gas Co's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Spindletop Oil & Gas Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Spindletop Oil & Gas Co's Current Ratio falls into.


SPND
65GF Score
Spindletop Oil & Gas Co SPND
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Spindletop Oil & Gas Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Spindletop Oil & Gas Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=6.336/6.74
=0.94

Spindletop Oil & Gas Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=7.852/6.834
=1.15

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.15 mean?
Spindletop Oil & Gas Co (SPND) has a Current Ratio of 1.15 as of Mar. 2026. This is 39% below median its historical median of 1.90. Over the past decade, Spindletop Oil & Gas Co's Current Ratio has ranged from 0.94 to 3.21. According to the industry distribution chart, Spindletop Oil & Gas Co ranks #606 out of 1017 companies in the Oil & Gas industry, placing it in the top 59.6%.
Is Spindletop Oil & Gas Co's Current Ratio too high?
Spindletop Oil & Gas Co's current Current Ratio of 1.15 is 39% below median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 3.21. The Oil & Gas industry median Current Ratio is 1.34. Spindletop Oil & Gas Co's value of 1.15 is 14.2% below this industry median. Based on the distribution chart, Spindletop Oil & Gas Co ranks #606 out of 1017 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Spindletop Oil & Gas Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spindletop Oil & Gas Co's Current Ratio compare to MXC and BRN?
According to the Oil & Gas industry distribution chart, Spindletop Oil & Gas Co ranks #606 out of 1017 companies for Current Ratio. This places Spindletop Oil & Gas Co in the lower half of its industry. The industry median Current Ratio is 1.34. Spindletop Oil & Gas Co's value of 1.15 is 14.2% below this benchmark. Historically, Spindletop Oil & Gas Co's own Current Ratio has ranged from 0.94 to 3.21 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.34, Spindletop Oil & Gas Co has consistently been below 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 Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.34, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spindletop Oil & Gas Co's current Current Ratio of 1.15 is 14.2% below 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindletop Oil & Gas Co's current Current Ratio is 1.15, which is 39% below median its own 10-year median of 1.90. 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 Current Ratio is 1.15, which is 39% below median its 10-year median of 1.90 and 14.2% below the Oil & Gas industry median of 1.34. Spindletop Oil & Gas Co's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Spindletop Oil & Gas Co (SPND), the current Current Ratio is 1.15 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:

  • Current Ratio: 1.15 (39% below median its 10-year median of 1.90)
  • GF Value™: $2.57 vs. price of $2.55 (0.8% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 14.2% below the Oil & Gas median (#606 of 1017)

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 Business Description

Industry EnergyOil & Gas
Address 12850 Spurling Road, Suite 200, Dallas, TX, USA, 75230-1279
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.
65GF Score

Get the complete analysis for SPND

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.55
Price
$2.57
GF Value