SandRidge Total Current Assets vs Long Term Investments Analysis
SD Stock | USD 14.19 0.36 2.47% |
SandRidge Energy financial indicator trend analysis is much more than just breaking down SandRidge Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SandRidge Energy is a good investment. Please check the relationship between SandRidge Energy Total Current Assets and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
Total Current Assets vs Long Term Investments
Total Current Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SandRidge Energy Total Current Assets account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between SandRidge Energy's Total Current Assets and Long Term Investments is -0.55. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of SandRidge Energy, assuming nothing else is changed. The correlation between historical values of SandRidge Energy's Total Current Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of SandRidge Energy are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Current Assets i.e., SandRidge Energy's Total Current Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Long Term Investments
Long Term Investments is an item on the asset side of SandRidge Energy balance sheet that represents investments SandRidge Energy intends to hold for over a year. SandRidge Energy long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from SandRidge Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SandRidge Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.14, whereas Selling General Administrative is forecasted to decline to about 10.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 176K | 216K | 104K | 98.8K | Depreciation And Amortization | 2.6M | 6.7M | 22.2M | 21.1M |
SandRidge Energy fundamental ratios Correlations
Click cells to compare fundamentals
SandRidge Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SandRidge Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 607.7M | 260.8M | 352.9M | 600.5M | 574.2M | 545.5M | |
Total Stockholder Equity | 402.5M | 128.1M | 245.3M | 487.9M | 468.1M | 594.3M | |
Property Plant And Equipment Net | 567.9M | 209.3M | 190.8M | 230.9M | 242.6M | 230.5M | |
Net Debt | 53.2M | (2.1M) | (137.3M) | (254.1M) | (253.1M) | (240.4M) | |
Cash | 4.3M | 22.1M | 137.3M | 255.7M | 253.9M | 166.2M | |
Non Current Assets Total | 569.1M | 210.0M | 191.2M | 295.6M | 296.3M | 281.5M | |
Non Currrent Assets Other | 1.1M | 680K | 332K | 190K | 3.1M | 3.0M | |
Other Assets | 1.1M | 106.9M | 332K | 64.7M | 58.2M | 55.1M | |
Cash And Short Term Investments | 4.3M | 22.1M | 137.3M | 255.7M | 253.9M | 166.2M | |
Common Stock Shares Outstanding | 35.4M | 35.7M | 37.3M | 37.2M | 37.1M | 35.3M | |
Liabilities And Stockholders Equity | 607.7M | 260.8M | 352.9M | 600.5M | 574.2M | 545.5M | |
Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.2B | 1.1B | 1.0B | |
Total Liab | 205.2M | 132.8M | 107.6M | 112.6M | 106.1M | 100.8M | |
Property Plant And Equipment Gross | 567.9M | 209.3M | 1.6B | 1.6B | 1.7B | 2.1B | |
Total Current Assets | 38.6M | 50.8M | 161.7M | 304.9M | 277.9M | 280.0M | |
Other Current Liab | 59M | 45.9M | 50.3M | 45.3M | 15.4M | 14.6M | |
Total Current Liabilities | 88.4M | 68.9M | 64.0M | 63.3M | 49.3M | 46.9M | |
Retained Earnings | (745.4M) | (1.0B) | (906.0M) | (663.8M) | (602.9M) | (633.1M) | |
Accounts Payable | 29.4M | 23.0M | 13.7M | 18.0M | 33.9M | 32.2M | |
Net Receivables | 28.6M | 19.6M | 21.5M | 34.7M | 22.2M | 21.1M | |
Non Current Liabilities Total | 116.8M | 63.9M | 43.6M | 49.3M | 56.7M | 53.9M | |
Inventory | 5.1M | 9.0M | 2.9M | 6.7M | 1.0 | 0.95 | |
Other Current Assets | 265K | 538K | 80K | 7.7M | 1.7M | 1.7M | |
Other Liab | 59.3M | 43.9M | 43.1M | 48.7M | 43.8M | 41.6M | |
Property Plant Equipment | 379.3M | 103.1M | 97.8M | 92.2M | 83.0M | 78.9M | |
Net Tangible Assets | 402.5M | 128.1M | 245.3M | 487.9M | 439.1M | 593.4M | |
Retained Earnings Total Equity | (745.4M) | (1.0B) | (906.0M) | (663.8M) | (763.4M) | (801.5M) | |
Long Term Debt Total | 0.0 | 57.5M | 20M | 600K | 540K | 513K | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.2B | 1.0B | 984.7M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SandRidge Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SandRidge Energy's short interest history, or implied volatility extrapolated from SandRidge Energy options trading.
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When determining whether SandRidge Energy is a strong investment it is important to analyze SandRidge Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SandRidge Energy's future performance. For an informed investment choice regarding SandRidge Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.Note that the SandRidge Energy information on this page should be used as a complementary analysis to other SandRidge Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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When running SandRidge Energy's price analysis, check to measure SandRidge Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SandRidge Energy is operating at the current time. Most of SandRidge Energy's value examination focuses on studying past and present price action to predict the probability of SandRidge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SandRidge Energy's price. Additionally, you may evaluate how the addition of SandRidge Energy to your portfolios can decrease your overall portfolio volatility.
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Is SandRidge Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SandRidge Energy. If investors know SandRidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SandRidge Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 0.2 | Earnings Share 1.64 | Revenue Per Share 4.024 | Quarterly Revenue Growth (0.40) |
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.