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.
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.
The historical rank and industry rank for SandRidge Mississippian Trust I's Return-on-Tangible-Asset or its related term are showing as below:
SDTTU's Return-on-Tangible-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 2.04 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
SandRidge Mississippian Trust I (OTCPK:SDTTU) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
SandRidge Mississippian Trust I Return-on-Tangible-Asset Related Terms
SandRidge Mississippian Trust I Return-on-Tangible-Asset Historical Data
* 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 Return-on-Tangible-Asset Chart
SDTTU vs FECOF, MMEX, DBRM: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SandRidge Mississippian Trust I's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SandRidge Mississippian Trust I's Return-on-Tangible-Asset falls into.
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2021) net income data.
What does a Return-on-Tangible-Asset of 259.60% mean?
SandRidge Mississippian Trust I (SDTTU) has a Return-on-Tangible-Asset of 259.60% as of Jun. 2021. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SandRidge Mississippian Trust I and its competitors.
Is SandRidge Mississippian Trust I's Return-on-Tangible-Asset too high?
SandRidge Mississippian Trust I's current Return-on-Tangible-Asset is 259.60%. The Oil & Gas industry median Return-on-Tangible-Asset is 2.04. SandRidge Mississippian Trust I's value of 259.60% is 12625.5% above this industry median. 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 Return-on-Tangible-Asset compare to FECOF and MMEX?
SandRidge Mississippian Trust I's Return-on-Tangible-Asset of 259.60% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 2.04. SandRidge Mississippian Trust I's value of 259.60% is 12625.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.04, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SandRidge Mississippian Trust I's current Return-on-Tangible-Asset of 259.60% is 12625.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SandRidge Mississippian Trust I and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SandRidge Mississippian Trust I's current Return-on-Tangible-Asset is 259.60%. 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 Return-on-Tangible-Asset of 259.60%. The current Return-on-Tangible-Asset is 259.60% and 12625.5% above the Oil & Gas industry median of 2.04. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current Return-on-Tangible-Asset is 259.60% 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
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
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SDTTU has been successfully added to your 
