SandRidge Energy, Inc. (SD) Balance Sheet
SD balance sheet, 2025
December 31, 2025 · U.S. dollars$644.0M assets = $133.2M liabilities + $510.9M equity
Both columns are drawn to the same scale: what SD owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SD financial health
Descriptive bands, not a rating. Fiscal 2025.
SD balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.08B2016 | $644.0M2025 | −5.6%/yr | |
| Total liabilities | $568.5M2016 | $133.2M2025 | −14.9%/yr | |
| Shareholders’ equity | $512.9M2016 | $510.9M2025 | −0.0%/yr | |
| Cash & short-term investments | $121.2M2016 | $111.0M2025 | −1.0%/yr | |
| Total debt | $332.8M2016 | $718,0002025 | −49.4%/yr | |
| Net cash (debt) | −$211.6M2016 | $110.3M2025 | +$321.9M | |
| Working capital | $43.5M2016 | $79.8M2025 | +$36.3M | |
| Book value per share | $25.722017 | $13.842025 | −7.5%/yr | |
| Current ratio | 1.202016 | 2.172025 | +0.97 | |
| Debt / equity | 0.652016 | 0.002025 | −0.65 | |
| Shares outstanding | 32.7M2017 | 36.9M2025 | +1.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SD assets
SD liabilities and equity
SD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SD balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $111.0M | $98.1M | $252.4M | $255.7M | $137.3M | $22.1M | $4.3M | $17.7M | $99.1M | $121.2M |
| Cash & equivalents | $111.0M | $98.1M | $252.4M | $255.7M | $137.3M | $22.1M | $4.3M | $17.7M | $99.1M | $121.2M |
| Short-term investments | — | — | — | — | — | — | — | — | $5.1M | $0 |
| Receivables | $26.2M | $23.9M | $22.2M | $34.7M | $21.5M | $19.6M | $28.6M | $45.5M | $71.3M | $74.1M |
| Inventory | $0 | $0 | $1 | $6.7M | $2.9M | $9.0M | $5.1M | $9.9M | $8.7M | $58.2M |
| Other current assets | $10.7M | $5.6M | $3.3M | $7.7M | $80,000 | $80,000 | $538,000 | $265,000 | $16.0M | $3.6M |
| Total current assets | $147.9M | $127.7M | $277.9M | $304.9M | $161.7M | $50.8M | $38.6M | $73.3M | $195.1M | $257.2M |
| Property, plant & equipment (net) | $75.6M | $378.9M | $242.6M | $230.9M | $190.8M | $209.3M | $567.9M | $949.9M | $923.2M | $817.9M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $420.5M | $75.0M | $53.7M | $64.7M | $332,000 | $680,000 | $1.1M | $1.1M | $1.3M | $6.3M |
| Total assets | $644.0M | $581.5M | $574.2M | $600.5M | $352.9M | $260.8M | $607.7M | $1.02B | $1.12B | $1.08B |
| Liabilities | ||||||||||
| Accounts payable | $25.4M | $19.5M | $12.9M | $18.0M | $13.7M | $23.0M | $29.4M | $62.7M | $94.4M | $65.4M |
| Short-term debt | $0 | $824,000 | $0 | $0 | $21,000 | $0 | $1.4M | $0 | $37.5M | $27.5M |
| Total current liabilities | $68.0M | $60.6M | $49.3M | $63.3M | $64.0M | $68.9M | $88.4M | $137.2M | $198.9M | $213.7M |
| Long-term debt | $718,000 | $740,000 | $695,000 | $600,000 | $0 | $20.0M | $57.5M | $0 | $37.5M | $305.3M |
| Other long-term liabilities | $64.4M | $59.6M | $56.0M | $48.7M | $43.6M | $43.9M | $59.3M | $39.4M | $43.3M | $49.5M |
| Total liabilities | $133.2M | $121.0M | $106.1M | $112.6M | $107.6M | $132.8M | $205.2M | $176.6M | $279.7M | $568.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $36,000 | $36,000 | $36,000 | $36,000 | $739.0M |
| Retained earnings (deficit) | −$469.8M | −$540.0M | −$602.9M | −$663.8M | −$906.0M | −$1.02B | −$745.4M | −$296.0M | −$286.9M | −$334.0M |
| Treasury stock | — | — | — | — | — | — | — | — | — | $0 |
| Accumulated other comprehensive income | — | — | $0 | $0 | $88.5M | $88.5M | $88.5M | −$605.5M | −$476.3M | −$356.9M |
| Minority interest | — | — | — | — | — | — | — | — | — | $0 |
| Total shareholders' equity | $510.9M | $460.5M | $468.1M | $487.9M | $245.3M | $128.1M | $402.5M | $847.7M | $839.9M | $512.9M |
| Key figures | ||||||||||
| Total debt | $718,000 | $1.7M | $862,000 | $1.7M | $1.6M | $20.0M | $58.9M | $0 | $37.5M | $332.8M |
| Net cash (debt) | $110.3M | $96.4M | $251.5M | $254.1M | $135.7M | $2.1M | −$54.6M | $17.7M | $61.6M | −$211.6M |
| Working capital | $79.8M | $67.1M | $228.5M | $241.6M | $97.7M | −$18.1M | −$49.8M | −$63.9M | −$3.8M | $43.5M |
| Tangible book value | $510.9M | $460.5M | $468.1M | $487.9M | $245.3M | $128.1M | $402.5M | $847.7M | $839.9M | $512.9M |
| Book value per share | $13.84 | $12.38 | $12.61 | $13.13 | $6.58 | $3.59 | $11.36 | $24.18 | $25.72 | — |
| Shares outstanding | 36.9M | 37.2M | 37.1M | 37.2M | 37.3M | 35.7M | 35.4M | 35.1M | 32.7M | — |
| Current ratio | 2.17 | 2.11 | 5.63 | 4.82 | 2.53 | 0.74 | 0.44 | 0.53 | 0.98 | 1.20 |
| Quick ratio | 2.02 | 2.01 | 5.57 | 4.59 | 2.48 | 0.61 | 0.37 | 0.46 | 0.86 | 0.91 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.16 | 0.15 | 0.00 | 0.04 | 0.65 |
| Equity / assets | 79.3% | 79.2% | 81.5% | 81.3% | 69.5% | 49.1% | 66.2% | 82.8% | 75.0% | 47.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $113.3M | $102.7M | $111.0M | $101.2M | $102.8M | $99.7M | $98.1M | $92.7M | $209.9M | $207.0M | $253.9M | $230.7M |
| Cash & equivalents | $113.3M | $102.7M | $111.0M | $101.2M | $102.8M | $99.7M | $98.1M | $92.7M | $209.9M | $207.0M | $253.9M | $230.7M |
| Receivables | $26.7M | $30.3M | $26.2M | $27.4M | $23.6M | $24.9M | $23.9M | $28.5M | $23.3M | $22.3M | $22.2M | $25.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.9M | $1 | $2.5M |
| Other current assets | $11.7M | $9.9M | $10.7M | $8.0M | $9.7M | $6.4M | $5.6M | $4.4M | $4.0M | $1.1M | $1.7M | $1.5M |
| Total current assets | $151.7M | $143.0M | $147.9M | $136.6M | $136.1M | $131.0M | $127.7M | $125.6M | $237.2M | $234.3M | $277.9M | $260.3M |
| Property, plant & equipment (net) | $436.6M | $74.3M | $75.6M | $407.6M | $391.4M | $382.4M | $378.9M | $370.1M | $238.6M | $239.2M | $242.6M | $249.1M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $79.8M | $434.9M | $420.5M | $74.8M | $74.8M | $74.8M | $75.0M | $69.6M | $53.8M | $53.8M | $53.7M | $67.7M |
| Total assets | $668.1M | $652.1M | $644.0M | $619.0M | $602.3M | $588.3M | $581.5M | $565.2M | $529.6M | $527.4M | $574.2M | $577.1M |
| Liabilities | ||||||||||||
| Accounts payable | $14.6M | $19.8M | $25.4M | $23.6M | $20.6M | $19.6M | $19.5M | $14.8M | $12.1M | $12.7M | $33.9M | $12.6M |
| Short-term debt | — | $866,000 | $0 | $756,000 | $0 | $856,000 | $824,000 | $608,000 | — | — | — | $0 |
| Total current liabilities | $57.8M | $59.5M | $68.0M | $62.9M | $59.2M | $61.5M | $60.6M | $58.8M | $46.2M | $49.8M | $49.3M | $55.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $67.6M | $66.7M | $65.1M | $63.7M | $62.9M | $61.8M | $60.4M | $59.7M | $58.6M | $57.8M | $56.7M | $52.4M |
| Total liabilities | $125.4M | $126.2M | $133.2M | $126.5M | $122.1M | $123.3M | $121.0M | $118.5M | $104.8M | $107.7M | $106.1M | $107.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 |
| Retained earnings (deficit) | −$424.4M | −$451.1M | −$469.8M | −$491.4M | −$507.4M | −$526.9M | −$540.0M | −$557.5M | −$583.0M | −$591.8M | −$602.9M | −$604.7M |
| Accumulated other comprehensive income | — | — | — | $0 | — | — | — | — | — | $0 | $0 | — |
| Total shareholders' equity | $542.7M | $526.0M | $510.9M | $492.4M | $480.2M | $464.9M | $460.5M | $446.8M | $424.8M | $419.7M | $468.1M | $469.5M |
| Key figures | ||||||||||||
| Total debt | $693,000 | $1.7M | $0 | $1.3M | $708,000 | $1.8M | $1.7M | $608,000 | — | $2.2M | $2.2M | $2.0M |
| Net cash (debt) | $112.7M | $101.1M | $111.0M | $99.9M | $102.1M | $98.0M | $96.4M | $92.1M | — | $204.8M | $251.8M | $228.7M |
| Working capital | $93.9M | $83.5M | $79.8M | $73.8M | $76.9M | $69.4M | $67.1M | $66.8M | $191.0M | $184.5M | $228.5M | $205.1M |
| Tangible book value | $542.7M | $526.0M | $510.9M | $492.4M | $480.2M | $464.9M | $460.5M | $446.8M | $424.8M | $419.7M | $468.1M | $469.5M |
| Book value per share | $14.63 | $14.22 | $13.84 | $13.36 | $13.09 | $12.54 | $12.38 | $12.02 | $11.43 | $11.30 | $12.60 | $12.63 |
| Shares outstanding | 37.1M | 37.0M | 36.9M | 36.8M | 36.7M | 37.1M | 37.2M | 37.2M | 37.2M | 37.1M | 37.1M | 37.2M |
| Current ratio | 2.62 | 2.40 | 2.17 | 2.17 | 2.30 | 2.13 | 2.11 | 2.14 | 5.14 | 4.70 | 5.63 | 4.72 |
| Quick ratio | 2.42 | 2.24 | 2.02 | 2.05 | 2.13 | 2.02 | 2.01 | 2.06 | 5.05 | 4.60 | 5.60 | 4.65 |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.01 | 0.00 | 0.00 |
| Equity / assets | 81.2% | 80.7% | 79.3% | 79.6% | 79.7% | 79.0% | 79.2% | 79.0% | 80.2% | 79.6% | 81.5% | 81.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 5, 2026); data from EODHD.
SD financial position
At the end of fiscal 2025 (December 31, 2025), SandRidge Energy had total assets of $644.0 million (up 10.7% from a year earlier), total liabilities of $133.2 million and shareholders' equity of $510.9 million. It held $111.0 million in cash and short-term investments against $0.7 million of debt, a net cash position of $110.3 million. Its current ratio was 2.17. In the latest quarter (ended June 30, 2026) total assets were $668.1 million and equity $542.7 million.
Related: SD income statement, SD cash flow statement, SD key metrics. See the SD stock overview for the latest quote and news.
SD balance sheet FAQ
What are SandRidge Energy's total assets?
SandRidge Energy reported total assets of $644.0 million at the end of fiscal 2025 (December 31, 2025), compared with $581.5 million a year earlier.
How much debt does SandRidge Energy have?
SandRidge Energy had $0.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does SandRidge Energy have?
SandRidge Energy held $111.0 million in cash and short-term investments at the end of fiscal 2025; with $0.7 million of debt that is net cash of $110.3 million.
What is SandRidge Energy's book value?
SandRidge Energy's shareholders' equity (book value) was $510.9 million at the end of fiscal 2025, or $13.84 per share.
What is SandRidge Energy's current ratio?
SandRidge Energy had current assets of $147.9 million and current liabilities of $68.0 million, a current ratio of 2.17 (it can cover its short-term obligations).