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Spindletop Oil and Gas Co   (SPND)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy

Spindletop Oil And Gas Co 's Working Capital Ratio

SPND's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Spindletop Oil And Gas Co 's Current Assets grew by 7.41 % in the III Quarter 2023 sequentially, while Current Liabilities decreased, this led to improvement in Spindletop Oil And Gas Co 's Working Capital Ratio to 1.55, Working Capital Ratio remained below Spindletop Oil and Gas Co average.

Within Oil And Gas Production industry 34 other companies have achieved higher Working Capital Ratio than Spindletop Oil And Gas Co in third quarter 2023. While Working Capital Ratio total ranking has improved so far during the III Quarter 2023 to 2293, from total ranking in the second quarter 2023 at 2705.

Explain Working Capital Ratio
How much in Current Assets SPND´s has?
What is the value of SPND´s Current Liabilities?


SPND Working Capital Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities Change -27 % -19.37 % -15.43 % -9.76 % 13.99 %
Y / Y Current Assets Change -44.91 % -40.2 % -2.29 % 14.39 % 19.76 %
Working Capital Ratio MRQ 1.55 1.4 1.94 2.43 2.06
SPND's Total Ranking # 2293 # 2705 # 2354 # 2005 # 2455
Seq. Current Liabilities Change -3.36 % -5.09 % 0.03 % -20.43 % 6.74 %
Seq. Current Assets Change 7.41 % -31.62 % -20.36 % -5.81 % 16.6 %



Working Capital Ratio third quarter 2023 Company Ranking
Within: No.
Oil And Gas Production Industry # 35
Energy Sector # 54
Overall Market # 2293


Working Capital Ratio Statistics
High Average Low
3.34 2.53 1.4
(Dec 31 2013)   (Jun 30 2023)




Financial Statements
Spindletop Oil And Gas Co 's Current Liabilities $ 6 Millions Visit SPND's Balance sheet
Spindletop Oil And Gas Co 's Current Assets $ 10 Millions Visit SPND's Balance sheet
Source of SPND's Sales Visit SPND's Sales by Geography


Cumulative Spindletop Oil And Gas Co 's Working Capital Ratio

SPND's Working Capital Ratio for the trailling 12 Months

SPND Working Capital Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Current Liabilities TTM Growth -27 % -19.37 % -15.43 % -9.76 % 13.99 %
Y / Y Current Assets TTM Growth -44.91 % -40.2 % -2.29 % 14.39 % 19.76 %
Working Capital Ratio TTM 1.84 1.97 2.07 2 1.89
Total Ranking TTM # 1925 # 1933 # 1992 # 2375 # 2451
Seq. Current Liabilities TTM Growth -3.36 % -5.09 % 0.03 % -20.43 % 6.74 %
Seq. Current Assets TTM Growth 7.41 % -31.62 % -20.36 % -5.81 % 16.6 %


On the trailing twelve months basis In spite of the year on year decrease in SPND's Current Liabilities to $6.29 millions, cumulative Working Capital Ratio to 1.84 below the SPND average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Oil And Gas Production industry 103 other companies have achieved higher Working Capital Ratio than Spindletop Oil And Gas Co . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 2546 to 3283.

Explain Working Capital Ratio
How much in Current Assets SPND´s has?
What is the value of SPND´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Oil And Gas Production Industry # 104
Energy Sector # 149
Within the Market # 2293


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.1 2.46 1.81
(Dec 31 2018)   (Jun 30 2021)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2023, within Oil And Gas Production Industry Working Capital RatioSep 30 2023 MRQ Current AssetsSep 30 2023 MRQ Current Liabilities
Superior Energy Services Inc   3.90 $ 727.325  Millions$ 186.345  Millions
Mammoth Energy Services Inc   3.82 $ 482.254  Millions$ 126.318  Millions
Pedevco Corp   3.58 $ 19.157  Millions$ 5.347  Millions
Nine Energy Service Inc   3.40 $ 162.540  Millions$ 47.759  Millions
Phx Minerals Inc   3.17 $ 8.378  Millions$ 2.642  Millions
Core Laboratories Inc   2.71 $ 228.544  Millions$ 84.250  Millions
Magnolia Oil and Gas Corp  2.65 $ 805.748  Millions$ 303.705  Millions
Eog Resources Inc   2.64 $ 10,258.000  Millions$ 3,888.000  Millions
Mach Natural Resources Lp  2.28 $ 169.951  Millions$ 74.427  Millions
Oceaneering International Inc  2.21 $ 1,458.590  Millions$ 661.200  Millions
Halliburton Company  2.14 $ 11,600.000  Millions$ 5,419.000  Millions
Tetra Technologies Inc   2.14 $ 270.429  Millions$ 126.540  Millions
Select Water Solutions inc   2.13 $ 470.232  Millions$ 220.669  Millions
Par Pacific Holdings Inc   2.12 $ 2,177.754  Millions$ 1,026.124  Millions
Dawson Geophysical Company  2.08 $ 32.616  Millions$ 15.689  Millions
Expro Group Holdings N v   2.04 $ 910.599  Millions$ 447.146  Millions
Altex Industries Inc  1.91 $ 2.258  Millions$ 1.182  Millions
Ranger Energy Services inc   1.90 $ 151.000  Millions$ 79.600  Millions
Klx Energy Services Holdings Inc   1.88 $ 287.400  Millions$ 152.900  Millions
Evolution Petroleum Corp  1.69 $ 22.090  Millions$ 13.074  Millions
Helix Energy Solutions Group inc   1.69 $ 554.977  Millions$ 329.084  Millions
Schlumberger Limited  1.62 $ 17,038.000  Millions$ 10,530.000  Millions
Chesapeake Energy Corporation  1.56 $ 2,515.000  Millions$ 1,614.000  Millions
Spindletop Oil and Gas Co   1.55 $ 9.766  Millions$ 6.293  Millions
Csi Compressco Lp  1.51 $ 124.812  Millions$ 82.475  Millions
Natural Gas Services Group Inc   1.49 $ 67.327  Millions$ 45.256  Millions
Granite Ridge Resources Inc   1.47 $ 102.463  Millions$ 69.830  Millions
Vital Energy inc   1.42 $ 814.208  Millions$ 571.702  Millions
Shell Plc  1.40 $ 134,115.000  Millions$ 95,467.000  Millions
Norris Industries Inc   1.39 $ 0.126  Millions$ 0.091  Millions

Date modified: 2023-11-21T23:19:59+00:00



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