Sandridge Energy Stock Return On Asset

SD Stock  USD 12.15  0.02  0.16%   
SandRidge Energy fundamentals help investors to digest information that contributes to SandRidge Energy's financial success or failures. It also enables traders to predict the movement of SandRidge Stock. The fundamental analysis module provides a way to measure SandRidge Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SandRidge Energy stock.
The current year's Return On Assets is expected to grow to 0.13.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

SandRidge Energy Company Return On Asset Analysis

SandRidge Energy's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current SandRidge Energy Return On Asset

    
  0.04  
Most of SandRidge Energy's fundamental indicators, such as Return On Asset, 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, SandRidge Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SandRidge Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for SandRidge Energy is extremely important. It helps to project a fair market value of SandRidge Stock properly, considering its historical fundamentals such as Return On Asset. Since SandRidge Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SandRidge Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SandRidge Energy's interrelated accounts and indicators.
0.70.920.950.91-0.620.940.980.470.840.12-0.180.69-0.150.840.870.67-0.60.76-0.140.57-0.35-0.31
0.70.370.440.520.110.590.690.420.220.01-0.181.00.10.30.320.57-0.490.23-0.040.3-0.14-0.11
0.920.370.990.85-0.840.930.890.440.970.16-0.140.36-0.210.930.950.61-0.470.86-0.20.59-0.42-0.36
0.950.440.990.91-0.810.930.930.40.960.13-0.170.43-0.230.920.950.59-0.550.85-0.160.58-0.38-0.33
0.910.520.850.91-0.690.770.920.380.840.0-0.260.53-0.370.780.830.43-0.560.690.070.48-0.14-0.17
-0.620.11-0.84-0.81-0.69-0.65-0.57-0.26-0.930.010.230.10.22-0.76-0.83-0.210.23-0.730.1-0.390.270.24
0.940.590.930.930.77-0.650.90.430.860.25-0.060.560.030.880.90.74-0.590.85-0.210.65-0.44-0.38
0.980.690.890.930.92-0.570.90.490.820.21-0.090.68-0.30.850.860.7-0.620.77-0.170.6-0.38-0.34
0.470.420.440.40.38-0.260.430.490.40.08-0.070.43-0.30.380.430.50.10.37-0.060.26-0.16-0.14
0.840.220.970.960.84-0.930.860.820.40.17-0.110.21-0.260.920.970.5-0.450.89-0.140.57-0.36-0.32
0.120.010.160.130.00.010.250.210.080.170.88-0.05-0.360.470.350.63-0.440.56-0.240.55-0.41-0.35
-0.18-0.18-0.14-0.17-0.260.23-0.06-0.09-0.07-0.110.88-0.24-0.340.220.090.49-0.310.34-0.090.24-0.18-0.17
0.691.00.360.430.530.10.560.680.430.21-0.05-0.240.080.270.30.52-0.450.19-0.030.27-0.11-0.1
-0.150.1-0.21-0.23-0.370.220.03-0.3-0.3-0.26-0.36-0.340.08-0.36-0.3-0.160.15-0.31-0.03-0.180.060.03
0.840.30.930.920.78-0.760.880.850.380.920.470.220.27-0.360.980.75-0.620.98-0.170.66-0.42-0.37
0.870.320.950.950.83-0.830.90.860.430.970.350.090.3-0.30.980.68-0.590.96-0.150.62-0.39-0.35
0.670.570.610.590.43-0.210.740.70.50.50.630.490.52-0.160.750.68-0.590.76-0.130.52-0.33-0.3
-0.6-0.49-0.47-0.55-0.560.23-0.59-0.620.1-0.45-0.44-0.31-0.450.15-0.62-0.59-0.59-0.630.01-0.40.190.21
0.760.230.860.850.69-0.730.850.770.370.890.560.340.19-0.310.980.960.76-0.63-0.170.68-0.43-0.38
-0.14-0.04-0.2-0.160.070.1-0.21-0.17-0.06-0.14-0.24-0.09-0.03-0.03-0.17-0.15-0.130.01-0.17-0.250.940.75
0.570.30.590.580.48-0.390.650.60.260.570.550.240.27-0.180.660.620.52-0.40.68-0.25-0.53-0.45
-0.35-0.14-0.42-0.38-0.140.27-0.44-0.38-0.16-0.36-0.41-0.18-0.110.06-0.42-0.39-0.330.19-0.430.94-0.530.79
-0.31-0.11-0.36-0.33-0.170.24-0.38-0.34-0.14-0.32-0.35-0.17-0.10.03-0.37-0.35-0.30.21-0.380.75-0.450.79
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

SandRidge Total Assets

Total Assets

490.91 Million

At present, SandRidge Energy's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, SandRidge Energy has a Return On Asset of 0.04. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.04) sector and 100.55% lower than that of the Energy industry. The return on asset for all United States stocks is 128.57% lower than that of the firm.

SandRidge Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SandRidge Energy's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SandRidge Energy could also be used in its relative valuation, which is a method of valuing SandRidge Energy by comparing valuation metrics of similar companies.
SandRidge Energy is currently under evaluation in return on asset category among its peers.

SandRidge Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SandRidge Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SandRidge Energy's managers, analysts, and investors.
Environmental
Governance
Social

SandRidge Fundamentals

About SandRidge Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SandRidge Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SandRidge Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SandRidge Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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.
Check out SandRidge Energy Piotroski F Score and SandRidge Energy Altman Z Score analysis.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Oil & Gas Exploration & Production space 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
0.373
Dividend Share
0.43
Earnings Share
1.26
Revenue Per Share
3.243
Quarterly Revenue Growth
(0.21)
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.