SandRidge Mississippian Trust I
SandRidge Mississippian Trust I, a statutory trust, holds royalty interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods counties in Oklahoma. SandRidge Mississippian Trust I was incorporated in 2010 and is based in Houston, Texas.
SandRidge Mississippian Trust I (SDTTU) - Total Assets
Latest total assets as of June 2021: $7.90 Million USD
Based on the latest financial reports, SandRidge Mississippian Trust I (SDTTU) holds total assets worth $7.90 Million USD as of June 2021.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SandRidge Mississippian Trust I - Total Assets Trend (2010–2020)
This chart illustrates how SandRidge Mississippian Trust I’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SandRidge Mississippian Trust I - Asset Composition Analysis
Current Asset Composition (December 2020)
SandRidge Mississippian Trust I's total assets of $7.90 Million consist of 40.0% current assets and 60.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 40.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2010–2020)
This chart illustrates how SandRidge Mississippian Trust I's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SandRidge Mississippian Trust I's current assets represent 40.0% of total assets in 2020, a decrease from 100.0% in 2010.
- Cash Position: Cash and equivalents constituted 40.0% of total assets in 2020, down from 100.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
SandRidge Mississippian Trust I Competitors by Total Assets
Key competitors of SandRidge Mississippian Trust I based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aker BP ASA
PINK:AKRBF
|
USA | $42.88 Billion |
|
Jadestone Energy plc
PINK:JDSEF
|
USA | $1.12 Billion |
|
Helium Evolution Incorporated
PINK:HEEVF
|
USA | $21.95 Million |
|
One Step Vending Corp
PINK:KOSK
|
USA | $578.00K |
|
Melbana Energy Ltd
AU:MAY
|
Australia | AU$80.17 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
USA | $1.39K |
|
West Texas Resources Inc
PINK:WTXR
|
USA | $150.96K |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
SandRidge Mississippian Trust I - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - SandRidge Mississippian Trust I generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, SandRidge Mississippian Trust I generates $8.50 in net profit.
SandRidge Mississippian Trust I - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.00 | - | - |
| Quick Ratio | 0.00 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | $2.88 Million | - | - |
SandRidge Mississippian Trust I - Advanced Valuation Insights
This section examines the relationship between SandRidge Mississippian Trust I's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.28 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | -41.0% |
| Total Assets | $8.74 Million |
| Market Capitalization | $1.84 Million USD |
Valuation Analysis
Below Book Valuation: The market values SandRidge Mississippian Trust I's assets below their book value (0.21 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SandRidge Mississippian Trust I's assets decreased by 41.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SandRidge Mississippian Trust I (2010–2020)
The table below shows the annual total assets of SandRidge Mississippian Trust I from 2010 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $8.74 Million | -40.99% |
| 2019-12-31 | $14.82 Million | -45.53% |
| 2018-12-31 | $27.20 Million | -8.58% |
| 2017-12-31 | $29.75 Million | -8.67% |
| 2016-12-31 | $32.58 Million | -59.19% |
| 2015-12-31 | $79.83 Million | -63.59% |
| 2014-12-31 | $219.26 Million | -7.08% |
| 2013-12-31 | $235.96 Million | -9.56% |
| 2012-12-31 | $260.89 Million | -8.93% |
| 2011-12-31 | $286.46 Million | +28645500.00% |
| 2010-12-31 | $1.00K | -- |