SDTTU (SandRidge Mississippian Trust I) ROCE %: 249.74% (As of Jun. 2021)

What is SandRidge Mississippian Trust I ROCE %?

SandRidge Mississippian Trust I SDTTU 12 ROCE % is 249.74% as of Jun. 2021. GuruFocus rates SDTTU with a GF Score™ of 12/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. SandRidge Mississippian Trust I's annualized ROCE % for the quarter that ended in Jun. 2021 was 249.74%.

SandRidge Mississippian Trust I (OTCPK:SDTTU) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

SandRidge Mississippian Trust I ROCE % Related Terms

SandRidge Mississippian Trust I ROCE % Historical Data

* Premium members only.

The historical data trend for SandRidge Mississippian Trust I's ROCE % 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.

SandRidge Mississippian Trust I ROCE % Chart

SandRidge Mississippian Trust I Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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10.03

20.42

19.43

17.77

10.17

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
ROCE %	Get a 7-Day Free Trial															17.58	4.06	8.54	8.75	249.74

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SandRidge Mississippian Trust I SDTTU

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SandRidge Mississippian Trust I ROCE % Calculation

SandRidge Mississippian Trust I's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	1.198	/	( ( (14.816 - 0)	+	(8.743 - 0) )	/ 2 )
	=	1.198	/	( (14.816	+	8.743)	/ 2 )
	=	1.198	/	11.7795
	=	10.17 %

SandRidge Mississippian Trust I's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	19.848	/	( ( (7.995 - 0)	+	(7.9 - 0) )	/ 2 )
	=	19.848	/	( ( 7.995	+	7.9 )	/ 2 )
	=	19.848	/	7.9475
	=	249.74 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 249.74% mean?

SandRidge Mississippian Trust I (SDTTU) has a ROCE % of 249.74% as of Jun. 2021.

Is SandRidge Mississippian Trust I's ROCE % too high?

SandRidge Mississippian Trust I's current ROCE % is 249.74%. The Oil & Gas industry median ROCE % is 6.79. SandRidge Mississippian Trust I's value of 249.74% is 3578.1% 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 ROCE % compare to FECOF and MMEX?

SandRidge Mississippian Trust I's ROCE % of 249.74% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. SandRidge Mississippian Trust I's value of 249.74% is 3578.1% 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 ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SandRidge Mississippian Trust I's current ROCE % of 249.74% is 3578.1% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SandRidge Mississippian Trust I's current ROCE % is 249.74%. 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 ROCE % of 249.74%. The current ROCE % is 249.74% and 3578.1% above the Oil & Gas industry median of 6.79. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current ROCE % is 249.74% 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.

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