SDTTU (SandRidge Mississippian Trust I) Interest Expense: $0.00 Mil (TTM As of Jun. 2021)

What is SandRidge Mississippian Trust I Interest Expense?

SandRidge Mississippian Trust I SDTTU 12 Interest Expense is $0.00 Mil as of Jun. 2021. GuruFocus rates SDTTU with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SandRidge Mississippian Trust I's interest expense for the three months ended in Jun. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. SandRidge Mississippian Trust I's Operating Income for the three months ended in Jun. 2021 was $ 4.96 Mil. SandRidge Mississippian Trust I's Interest Expense for the three months ended in Jun. 2021 was $ 0.00 Mil. SandRidge Mississippian Trust I has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

SandRidge Mississippian Trust I (OTCPK:SDTTU) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

SandRidge Mississippian Trust I's Interest Expense for the three months ended in Jun. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2021 was $4.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $0.00 Mil.

SandRidge Mississippian Trust I's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

SandRidge Mississippian Trust I had no long-term debt ⁽¹⁾.

* 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.

The higher the ratio, the stronger the company's financial strength is.

SandRidge Mississippian Trust I Interest Expense Historical Data

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The historical data trend for SandRidge Mississippian Trust I's Interest Expense can be seen below:

SandRidge Mississippian Trust I Interest Expense Chart

SandRidge Mississippian Trust I Annual Data

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SandRidge Mississippian Trust I Quarterly Data
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12GF Score

SandRidge Mississippian Trust I SDTTU

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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SandRidge Mississippian Trust I Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $0.00 Mil mean?

SandRidge Mississippian Trust I (SDTTU) has a Interest Expense of $0.00 Mil as of Jun. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on SandRidge Mississippian Trust I and its competitors.

Is SandRidge Mississippian Trust I's Interest Expense too high?

SandRidge Mississippian Trust I's current Interest Expense is $0.00 Mil. 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 Interest Expense compare to FECOF and MMEX?

SandRidge Mississippian Trust I's Interest Expense of $0.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on SandRidge Mississippian Trust I and its competitors. SandRidge Mississippian Trust I's current Interest Expense is $0.00 Mil. 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 Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. 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 Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current Interest Expense is $0.00 Mil 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 Energy Oil & Gas

Comparable Companies FECOF MMEX DBRM ALTX SPOWF ROYL IFNY LRDC CJAX NRIS COP EOG TSX:CNQ PXD HKSE:00883 OXY MIC:NVTK DVN HES CTRA

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.

12GF Score

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