Spindletop Financial Statements From 2010 to 2024
| SPND Stock | USD 2.60 0.15 6.12% |
Check Spindletop financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spindletop's main balance sheet or income statement drivers, such as , as well as many indicators such as . Spindletop financial statements analysis is a perfect complement when working with Spindletop Valuation or Volatility modules.
Spindletop |
Spindletop OG Company Return On Equity Analysis
Spindletop's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Spindletop Return On Equity | 0.21 |
Most of Spindletop's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spindletop OG is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Spindletop OG has a Return On Equity of 0.214. This is 110.81% lower than that of the Oil, Gas & Consumable Fuels sector and 87.98% lower than that of the Energy industry. The return on equity for all United States stocks is 169.03% lower than that of the firm.
Spindletop OG Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Spindletop's current stock value. Our valuation model uses many indicators to compare Spindletop value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Spindletop competition to find correlations between indicators driving Spindletop's intrinsic value. More Info.Spindletop OG is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Spindletop OG is roughly 4.54 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Spindletop's earnings, one of the primary drivers of an investment's value.About Spindletop Financial Statements
Spindletop stakeholders use historical fundamental indicators, such as Spindletop's revenue or net income, to determine how well the company is positioned to perform in the future. Although Spindletop investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spindletop's assets and liabilities are reflected in the revenues and expenses on Spindletop's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Spindletop OG. Please read more on our technical analysis and fundamental analysis pages.
Spindletop Oil Gas Co., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas in Alabama, Arkansas, Louisiana, Oklahoma, New Mexico, and Texas, the United States. Spindletop Oil Gas Co. was founded in 1985 and is headquartered in Dallas, Texas. Spindletop Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 12 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Spindletop Pink Sheet
Spindletop financial ratios help investors to determine whether Spindletop Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spindletop with respect to the benefits of owning Spindletop security.