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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Equity-to-Asset : 1.00 (As of Jun. 2021)


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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 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 Total Assets for the quarter that ended in Jun. 2021 was $7.90 Mil. Therefore, SandRidge Mississippian Trust I's Equity to Asset Ratio for the quarter that ended in Jun. 2021 was 1.00.

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

SDTTU's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

SandRidge Mississippian Trust I Equity-to-Asset Historical Data

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

* Premium members only.

SandRidge Mississippian Trust I Equity-to-Asset Chart

SandRidge Mississippian Trust I Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 1.00

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
Equity-to-Asset 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 1.00 1.00 1.00 1.00 1.00

Competitive Comparison of SandRidge Mississippian Trust I's Equity-to-Asset

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

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

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



SandRidge Mississippian Trust I Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=8.743/8.743
=1.00

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

Equity to Asset (Q: Jun. 2021 )=Total Stockholders Equity/Total Assets
=7.9/7.9
=1.00

* 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.


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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


SandRidge Mississippian Trust I Equity-to-Asset Related Terms

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

Traded in Other Exchanges
N/A
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.
Executives
Sandridge Energy Inc 10 percent owner 123 ROBERT S. KERR AVENUE OKLAHOMA CITY OK 73102-6406