SandRidge Net Income From Continuing Ops vs Operating Income Analysis

SD Stock  USD 12.15  0.05  0.41%   
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 Net Income From Continuing Ops and its Operating Income 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 closely tied 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.

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SandRidge Energy Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SandRidge Energy's Net Income From Continuing Ops and Operating Income is 0.95. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income 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 Net Income From Continuing Ops and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of SandRidge Energy are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income From Continuing Ops i.e., SandRidge Energy's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from SandRidge Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SandRidge Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 closely tied 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 9.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense216K104K93.6K88.9K
Depreciation And Amortization17.9M22.2M20.0M19.0M

SandRidge Energy fundamental ratios Correlations

0.71.00.920.571.00.940.730.570.770.810.950.970.910.930.820.99-0.620.940.980.840.930.440.730.470.84
0.70.710.370.190.710.60.640.190.280.170.440.730.520.390.560.650.110.590.690.220.390.20.30.420.22
1.00.710.910.531.00.940.730.530.760.790.940.970.890.920.810.99-0.60.950.980.830.920.430.710.480.83
0.920.370.910.530.910.910.610.530.850.950.990.860.850.990.750.93-0.840.930.890.970.990.50.770.440.97
0.570.190.530.530.530.560.291.00.540.630.620.590.810.60.570.58-0.620.440.550.640.620.150.62-0.010.64
1.00.711.00.910.530.940.730.530.760.80.940.970.890.920.820.99-0.60.950.980.830.920.430.720.480.83
0.940.60.940.910.560.940.730.560.790.860.920.930.870.910.840.91-0.710.90.890.860.910.580.770.570.86
0.730.640.730.610.290.730.730.290.450.50.620.750.60.610.610.68-0.330.70.70.550.610.510.580.640.55
0.570.190.530.531.00.530.560.290.540.630.620.590.810.60.570.58-0.620.440.550.640.620.150.62-0.010.64
0.770.280.760.850.540.760.790.450.540.830.850.690.770.840.740.8-0.740.780.760.830.850.580.660.40.83
0.810.170.790.950.630.80.860.50.630.830.940.750.820.950.730.82-0.950.830.770.990.950.550.820.40.99
0.950.440.940.990.620.940.920.620.620.850.940.90.911.00.780.96-0.810.930.930.961.00.450.780.40.96
0.970.730.970.860.590.970.930.750.590.690.750.90.910.880.770.95-0.560.890.950.780.890.390.670.470.78
0.910.520.890.850.810.890.870.60.810.770.820.910.910.890.70.91-0.690.770.920.840.90.430.760.380.84
0.930.390.920.990.60.920.910.610.60.840.951.00.880.890.750.94-0.840.910.910.971.00.460.770.40.97
0.820.560.810.750.570.820.840.610.570.740.730.780.770.70.750.81-0.590.890.740.750.770.370.720.30.75
0.990.650.990.930.580.990.910.680.580.80.820.960.950.910.940.81-0.630.940.990.860.940.410.740.420.86
-0.620.11-0.6-0.84-0.62-0.6-0.71-0.33-0.62-0.74-0.95-0.81-0.56-0.69-0.84-0.59-0.63-0.65-0.57-0.93-0.84-0.47-0.73-0.26-0.93
0.940.590.950.930.440.950.90.70.440.780.830.930.890.770.910.890.94-0.650.90.860.910.420.740.430.86
0.980.690.980.890.550.980.890.70.550.760.770.930.950.920.910.740.99-0.570.90.820.910.450.710.490.82
0.840.220.830.970.640.830.860.550.640.830.990.960.780.840.970.750.86-0.930.860.820.970.530.810.41.0
0.930.390.920.990.620.920.910.610.620.850.951.00.890.91.00.770.94-0.840.910.910.970.450.780.390.97
0.440.20.430.50.150.430.580.510.150.580.550.450.390.430.460.370.41-0.470.420.450.530.450.520.920.53
0.730.30.710.770.620.720.770.580.620.660.820.780.670.760.770.720.74-0.730.740.710.810.780.520.420.81
0.470.420.480.44-0.010.480.570.64-0.010.40.40.40.470.380.40.30.42-0.260.430.490.40.390.920.420.4
0.840.220.830.970.640.830.860.550.640.830.990.960.780.840.970.750.86-0.930.860.821.00.970.530.810.4
Click cells to compare fundamentals

SandRidge Energy Account Relationship Matchups

SandRidge Energy fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets260.8M352.9M600.5M574.2M516.7M490.9M
Total Stockholder Equity128.1M245.3M487.9M468.1M421.3M594.3M
Property Plant And Equipment Net209.3M190.8M230.9M242.6M218.4M207.4M
Net Debt(2.1M)(137.3M)(254.1M)(252.4M)(227.2M)(215.8M)
Cash22.1M137.3M255.7M252.4M290.3M166.2M
Non Current Assets Total210.0M191.2M295.6M296.3M266.7M253.3M
Non Currrent Assets Other680K332K190K3.1M2.8M2.7M
Other Assets1.1M106.9M332K64.7M58.2M55.1M
Cash And Short Term Investments22.1M137.3M255.7M252.4M290.3M166.2M
Common Stock Shares Outstanding35.7M37.3M37.2M37.1M33.4M31.7M
Liabilities And Stockholders Equity260.8M352.9M600.5M574.2M516.7M490.9M
Other Stockholder Equity1.1B1.1B1.2B1.1B963.9M915.7M
Total Liab132.8M107.6M112.6M106.1M95.4M90.7M
Property Plant And Equipment Gross209.3M1.6B1.6B1.7B1.5B2.1B
Total Current Assets50.8M161.7M304.9M277.9M250.1M280.0M
Short Long Term Debt Total20M1.6M1.7M862K775.8K737.0K
Other Current Liab39.0M46.4M42.7M35.7M32.2M30.5M
Total Current Liabilities68.9M64.0M63.3M49.3M44.4M42.2M
Retained Earnings(1.0B)(906.0M)(663.8M)(602.9M)(693.4M)(728.1M)
Accounts Payable23.0M13.7M18.0M12.9M11.6M11.0M
Net Receivables19.6M21.5M34.7M22.2M19.9M19.0M
Non Current Liabilities Total63.9M43.6M49.3M56.7M51.1M48.5M
Inventory9.0M2.9M6.7M1.01.151.09
Other Current Assets9.1M3.0M14.4M3.3M3.0M2.8M
Other Liab59.3M43.9M43.1M48.7M43.8M41.6M
Property Plant Equipment379.3M103.1M97.8M92.2M83.0M78.9M
Net Tangible Assets402.5M128.1M245.3M487.9M439.1M593.4M
Retained Earnings Total Equity(745.4M)(1.0B)(906.0M)(663.8M)(763.4M)(801.5M)
Long Term Debt Total0.057.5M20M600K540K513K
Capital Surpluse1.1B1.1B1.1B1.2B1.0B984.7M

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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 closely tied 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.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.