SDTTU (SandRidge Mississippian Trust I) Debt-to-Equity: 0.00 (As of Jun. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SDTTU SandRidge Mississippian Trust I SDTTU
12 GF Score
Price $0.19
View Full Analysis

What is SandRidge Mississippian Trust I Debt-to-Equity?

SandRidge Mississippian Trust I SDTTU 12 Debt-to-Equity is 0.00 as of Jun. 2021. GuruFocus rates SDTTU with a GF Score™ of 12/100.

SandRidge Mississippian Trust I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. SandRidge Mississippian Trust I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. SandRidge Mississippian Trust I's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $7.90 Mil. SandRidge Mississippian Trust I's debt to equity for the quarter that ended in Jun. 2021 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SandRidge Mississippian Trust I's Debt-to-Equity or its related term are showing as below:

SDTTU's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

SandRidge Mississippian Trust I  (OTCPK:SDTTU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

SandRidge Mississippian Trust I Debt-to-Equity Related Terms

SandRidge Mississippian Trust I Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SandRidge Mississippian Trust I's Debt-to-Equity 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.

SandRidge Mississippian Trust I Debt-to-Equity Chart

SandRidge Mississippian Trust I Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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
Debt-to-Equity 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 0.00 0.00 0.00 0.00 0.00

SDTTU vs FECOF, MMEX, DBRM: Debt-to-Equity Comparison

For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Mississippian Trust I Debt-to-Equity vs Oil & Gas Industry

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

* The bar in red indicates where SandRidge Mississippian Trust I's Debt-to-Equity falls into.


SDTTU
12GF Score
SandRidge Mississippian Trust I SDTTU
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SandRidge Mississippian Trust I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SandRidge Mississippian Trust I's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 8.743
=0.00

SandRidge Mississippian Trust I's Debt to Equity Ratio for the quarter that ended in Jun. 2021 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 7.9
=0.00

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
SandRidge Mississippian Trust I (SDTTU) has a Debt-to-Equity of 0.00 as of Jun. 2021. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SandRidge Mississippian Trust I and its competitors.
Is SandRidge Mississippian Trust I's Debt-to-Equity too high?
SandRidge Mississippian Trust I's current Debt-to-Equity is 0.00. Overall, SandRidge Mississippian Trust I has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SandRidge Mississippian Trust I's Debt-to-Equity compare to FECOF and MMEX?
SandRidge Mississippian Trust I's Debt-to-Equity of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.44, based on 806 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SandRidge Mississippian Trust I and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SandRidge Mississippian Trust I's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SandRidge Mississippian Trust I stock overvalued right now?
SandRidge Mississippian Trust I (SDTTU) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. SandRidge Mississippian Trust I's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current Debt-to-Equity is 0.00 as of Jun. 2021. 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.

SandRidge Mississippian Trust I Business Description

Industry EnergyOil & Gas
Address 601 Travis Street, 16th Floor, Houston, TX, USA, 77002
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.
12GF Score

Get the complete analysis for SDTTU

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

$0.19
Price