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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Gross-Profit-to-Asset % : 278.98% (As of Jun. 2021)


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What is SandRidge Mississippian Trust I Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. SandRidge Mississippian Trust I's annualized Gross Profit for the quarter that ended in Jun. 2021 was $22.17 Mil. SandRidge Mississippian Trust I's average Total Assets over the quarter that ended in Jun. 2021 was $7.95 Mil. Therefore, SandRidge Mississippian Trust I's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2021 was 278.98%.

SandRidge Mississippian Trust I Gross-Profit-to-Asset % Historical Data

The historical data trend for SandRidge Mississippian Trust I's Gross-Profit-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.

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SandRidge Mississippian Trust I Gross-Profit-to-Asset % Chart

SandRidge Mississippian Trust I Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.78 24.27 23.55 24.41 20.42

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
Gross-Profit-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 28.96 11.12 18.41 26.77 278.98

Competitive Comparison of SandRidge Mississippian Trust I's Gross-Profit-to-Asset %

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

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

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


SandRidge Mississippian Trust I Gross-Profit-to-Asset % Calculation

SandRidge Mississippian Trust I's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2020 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=2.405/( (14.816+8.743)/ 2 )
=2.405/11.7795
=20.42 %

SandRidge Mississippian Trust I's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=22.172/( (7.995+7.9)/ 2 )
=22.172/7.9475
=278.98 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Jun. 2021) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

SandRidge Mississippian Trust I Gross-Profit-to-Asset % Related Terms

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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 » Gross-Profit-to-Asset %
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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