Sable Offshore Corp. (SOC) Financials

Sable Offshore Corp. (SOC) had EBITDA of -$395.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Sable Offshore Corp. (SOC) had $97.7M in cash and equivalents against $0 in long-term debt.

Sable Offshore Corp. (SOC) has a return on equity of -76.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Sable Offshore Corp. (SOC) recorded an outflow of $769.3M in free cash flow during fiscal year 2025. This represents a -227.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Sable Offshore Corp. (SOC) recorded an outflow of $351.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Sable Offshore Corp. (SOC) had $1.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Sable Offshore Corp. (SOC) invested $417.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Sable Offshore Corp. (SOC) had 147M shares outstanding as of fiscal year 2025.

Sable Offshore Corp. (SOC) had a current ratio of 0.13 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Sable Offshore Corp. (SOC) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Sable Offshore Corp. (SOC) had a return on assets of -23.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Sable Offshore Corp. (SOC) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $992.0M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Sable Offshore Corp. (SOC) has no price-to-sales ratio at the moment: revenue is not positive (FY2025). The market capitalization is $992.0M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, Sable Offshore Corp. (SOC) held $97.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $351.7M over that year. Dividing the one by the other, the reported balance equals about 3 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Sable Offshore Corp. (SOC) has an Altman Z-Score of -1.78, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Sable Offshore Corp. (SOC) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Sable Offshore Corp. (SOC) reported a net loss of $410.2M while operations used $351.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Sable Offshore Corp. (SOC) reported an operating loss of $408.3M against $88.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.