SRRRF (Source Rock Royalties) Selling, General, & Admin. Expense: $0.98 Mil (TTM As of Mar. 2026)

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SRRRF Source Rock Royalties Ltd SRRRF
40 GF Score
Price $0.71
GF Value $0.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Source Rock Royalties Selling, General, & Admin. Expense?

Source Rock Royalties SRRRF 40 Selling, General, & Admin. Expense is $0.98 Mil as of Mar. 2026. GuruFocus rates SRRRF with a GF Score™ of 40/100 and a GF Value™ of $0.50 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Source Rock Royalties's selling, general, & admin. expense for the three months ended in Mar. 2026 was $0.27 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $0.98 Mil.


Source Rock Royalties  (OTCPK:SRRRF) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Source Rock Royalties Selling, General, & Admin. Expense Related Terms


Source Rock Royalties Selling, General, & Admin. Expense Historical Data

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The historical data trend for Source Rock Royalties's Selling, General, & Admin. Expense 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.

Source Rock Royalties Selling, General, & Admin. Expense Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.62 0.85 1.21 1.20 1.03

Source Rock Royalties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 0.31 0.33 0.21 0.17 0.27

SRRRF vs WMB, EPD, KMI: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Midstream subindustry, Source Rock Royalties's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Source Rock Royalties Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Rock Royalties's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Source Rock Royalties's Selling, General, & Admin. Expense falls into.


SRRRF
40GF Score
Source Rock Royalties Ltd SRRRF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Source Rock Royalties Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.98 Mil.

* 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.

What does a Selling, General, & Admin. Expense of $0.98 Mil mean?
Source Rock Royalties (SRRRF) has a Selling, General, & Admin. Expense of $0.98 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Source Rock Royalties and its competitors.
Is Source Rock Royalties' Selling, General, & Admin. Expense too high?
Source Rock Royalties' current Selling, General, & Admin. Expense is $0.98 Mil. Overall, Source Rock Royalties has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Source Rock Royalties' Selling, General, & Admin. Expense compare to WMB and EPD?
Source Rock Royalties' Selling, General, & Admin. Expense of $0.98 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 Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Source Rock Royalties and its competitors. Source Rock Royalties's current Selling, General, & Admin. Expense is $0.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Rock Royalties stock overvalued right now?
Based on GuruFocus' analysis, Source Rock Royalties (SRRRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $0.71 — trading 42% above its estimated fair value. The current Selling, General, & Admin. Expense is $0.98 Mil. Source Rock Royalties' overall GF Score™ is 40/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Source Rock Royalties (SRRRF), the current Selling, General, & Admin. Expense is $0.98 Mil as of Mar. 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 Source Rock Royalties (SRRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Source Rock Royalties stock appears to be overvalued. The current stock price of $0.71 is trading 42% above its estimated GF Value™ of $0.50. GuruFocus considers Source Rock Royalties to be Significantly Overvalued.

Key valuation signals for SRRRF:

  • Selling, General, & Admin. Expense: $0.98 Mil
  • GF Value™: $0.50 vs. price of $0.71 (42% above fair value)
  • GF Score™: 40/100 with 7 warning signs

No single metric tells the full story. See the SRRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Source Rock Royalties Business Description

Industry EnergyOil & Gas
Other Exchanges BH1:GermanySRR:Canada
Address 421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is engaged in royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. It focused on acquiring and managing oil and gas royalties and mineral title interests. It has an oil-focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan.
40GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.71
Price
$0.50
GF Value