SPND (Spindletop Oil & Gas Co) Financial Strength: 9 (As of Jun. 2026) — 10% Below Median

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SPND Spindletop Oil & Gas Co SPND
54 GF Score
Price $4.74
GF Value $3.40
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Spindletop Oil & Gas Co Financial Strength?

Spindletop Oil & Gas Co SPND +11.79% 54 Financial Strength is 9 as of Jun. 2026, which is 10% below its 10-year median of 10.00. GuruFocus rates SPND with a GF Score™ of 54/100 and a GF Value™ of $3.40 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Spindletop Oil & Gas Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Spindletop Oil & Gas Co shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Spindletop Oil & Gas Co has no long-term debt (1). Spindletop Oil & Gas Co's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.00. As of today, Spindletop Oil & Gas Co's Altman Z-Score is 2.20.

(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.


Spindletop Oil & Gas Co  (OTCPK:SPND) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Spindletop Oil & Gas Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Spindletop Oil & Gas Co Financial Strength Related Terms


SPND vs EONR, PRT, CKX: Financial Strength Comparison

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

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

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


SPND
54GF Score
Spindletop Oil & Gas Co SPND
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Spindletop Oil & Gas Co Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

Spindletop Oil & Gas Co's Interest Expense for the months ended in Jun. 2026 was $0.00 Mil. Its Operating Income for the months ended in Jun. 2026 was $0.73 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.00 Mil.

Spindletop Oil & Gas Co's Interest Coverage for the quarter that ended in Jun. 2026 is

Spindletop Oil & Gas Co had no long-term debt (1).

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

Good Sign:

Spindletop Oil & Gas Co has no debt.

2. Debt to revenue ratio. The lower, the better.

Spindletop Oil & Gas Co's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 7.776
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Spindletop Oil & Gas Co has a Z-score of 2.20, indicating it is in Grey Zones. This implies that Spindletop Oil & Gas Co is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.2 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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 Financial Strength →
What does a Financial Strength of 9 mean?
Spindletop Oil & Gas Co (SPND) has a Financial Strength of 9 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Spindletop Oil & Gas Co and its competitors. This is 10% below median its historical median of 10.00. Over the past decade, Spindletop Oil & Gas Co's Financial Strength has ranged from 9.00 to 10.00.
Is Spindletop Oil & Gas Co's Financial Strength too high?
Spindletop Oil & Gas Co's current Financial Strength of 9 is 10% below median its 10-year median of 10.00. Over the past 10 years, this metric has ranged from a low of 9.00 to a high of 10.00. Overall, Spindletop Oil & Gas Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spindletop Oil & Gas Co's Financial Strength compare to EONR and PRT?
Spindletop Oil & Gas Co's Financial Strength of 9 can be compared against companies in the Oil & Gas industry. Historically, Spindletop Oil & Gas Co's own Financial Strength has ranged from 9.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Oil & Gas company?
A good Financial Strength depends on the Oil & Gas industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Spindletop Oil & Gas Co and its competitors. Spindletop Oil & Gas Co's current Financial Strength is 9, which is 10% below median its own 10-year median of 10.00. 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 Significantly Overvalued. The stock's GF Value™ is $3.40, compared to a current price of $4.74 — trading 39.4% above its estimated fair value. The current Financial Strength is 9, which is 10% below median its 10-year median of 10.00. Spindletop Oil & Gas Co's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Spindletop Oil & Gas Co (SPND), the current Financial Strength is 9 as of Jun. 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 overvalued. The current stock price of $4.74 is trading 39.4% above its estimated GF Value™ of $3.40. GuruFocus considers Spindletop Oil & Gas Co to be Significantly Overvalued.

Key valuation signals for SPND:

  • Financial Strength: 9 (10% below median its 10-year median of 10.00)
  • GF Value™: $3.40 vs. price of $4.74 (39.4% above fair value)
  • GF Score™: 54/100 with 2 warning signs

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.
54GF Score

Get the complete analysis for SPND

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

$4.74
Price
$3.40
GF Value