SPINDLETOP OIL&GAS CO (SPND) Financials

SPND

Trailing 12 months to June 30, 2026

Revenue $5.5M +25.7% YoY

Net Income -$957K -96.5% YoY

EPS (Diluted) Not reported for the trailing 12 months

Operating Cash Flow $237K +69.3% YoY

Market Cap $39.6M as of Sep 15, 2026

Price / Sales 7.2x on $5.5M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 2.6x on $15.3M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 15, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 19, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 19, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SPND SEC filings page.

SPINDLETOP OIL&GAS CO (SPND) reported $5.5M in revenue over the twelve months to Jun 30, 2026, up 25.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SPND FY2025 2026-08-29

Operating losses widened as revenue stagnated, while shrinking liquidity and rising leverage made the asset base less productive.

From FY2022 to FY2025, revenue fell from $8.4M to $4.4M while SG&A rose from $3.1M to $3.5M, showing that the cost structure did not contract with the smaller business. That mismatch helps explain the sharp deterioration in operating performance without relying on gross-margin data.

Earnings quality weakened alongside cash generation: net income moved from $7K in FY2023 to -$1.9M in FY2025. Operating cash flow shifted from $853K to -$135K over the same period, indicating the accounting loss increasingly corresponded with cash leaving the business.

Balance-sheet flexibility narrowed: the current ratio fell from 1.4x in FY2023 to 0.9x in FY2025, leaving current liabilities above current assets. Debt-to-equity rose from 0.6x to 0.9x, indicating liabilities grew faster than the equity base as losses accumulated.

Financial Health Signals

Financial health score not available

SPINDLETOP OIL&GAS CO does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

3/7

SPINDLETOP OIL&GAS CO passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

SPINDLETOP OIL&GAS CO reported a net loss of $1.9M while operations used $135K of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.9M

YoY+86.9%

QoQ+47.2%

5Y CAGR+9.6%

10Y CAGR+3.7%

SPINDLETOP OIL&GAS CO generated $1.9M in revenue in Q2 2026. This represents an increase of 86.9% from the same quarter a year earlier. Against the prior quarter it is up 47.2%.

EBITDA

$781K

YoY+719.8%

QoQ+259.9%

SPINDLETOP OIL&GAS CO's EBITDA was $781K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 719.8% from the same quarter a year earlier. Against the prior quarter it is up 259.9%.

Net Income

$747K

YoY+1167.1%

QoQ+189.5%

10Y CAGR+24.1%

SPINDLETOP OIL&GAS CO reported $747K in net income in Q2 2026. This represents an increase of 1167.1% from the same quarter a year earlier. Against the prior quarter it is up 189.5%.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$5.1M

YoY-28.5%

QoQ+20.5%

5Y CAGR-10.2%

10Y CAGR-8.0%

SPINDLETOP OIL&GAS CO held $5.1M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

YoY0.0%

QoQ0.0%

5Y CAGR-0.5%

10Y CAGR-0.5%

SPINDLETOP OIL&GAS CO had 7M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Operating Margin

37.5%

YoY+63.3pp

QoQ+28.3pp

SPINDLETOP OIL&GAS CO's operating margin was 37.5% in Q2 2026, reflecting core business profitability. This is up 63.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 28.3 percentage points.

Net Margin

38.4%

YoY+45.2pp

QoQ+18.9pp

5Y change+38.9pp

10Y change+32.1pp

SPINDLETOP OIL&GAS CO's net profit margin was 38.4% in Q2 2026, showing the share of revenue converted to profit. This is up 45.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 18.9 percentage points.

Return on Equity

4.9%

YoY+5.3pp

QoQ+3.1pp

5Y change+4.9pp

10Y change+4.4pp

SPINDLETOP OIL&GAS CO's ROE was 4.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 5.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

SPND Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPND quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$5.5M	$4.4M+4.4%	$4.3M-16.7%	$5.1M-38.9%	$8.4M+37.7%	$6.1M+70.4%	$3.6M-36.3%	$5.6M-17.0%	$6.7M+20.2%	$5.6M+24.1%	$4.5M-24.0%	$5.9M-55.0%	$13.2M-2.5%	$13.5M+11.9%	$12.1M+29.6%	$9.3M
SG&A Expenses	$3.4M	$3.5M+18.3%	$2.9M-0.9%	$3.0M-5.0%	$3.1M+16.4%	$2.7M+1.7%	$2.6M-11.0%	$3.0M+0.8%	$2.9M+15.0%	$2.6M+1.9%	$2.5M-21.5%	$3.2M-20.4%	$4.0M+10.2%	$3.6M-1.9%	$3.7M+13.6%	$3.3M
Operating Income	-$2.1M	-$3.3M-84.8%	-$1.8M-79.7%	-$988K-2252.4%	-$42K-110.4%	$403K+121.7%	-$1.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBITDA	N/A	-$2.9M-103.5%	-$1.4M-86.7%	-$759K-2471.9%	$32K-93.9%	$524K+137.4%	-$1.4M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$17K-41.4%	$29K-47.3%	$55K
Income Tax	-$431K	-$574K-203.7%	-$189K-45.4%	-$130K-113.5%	$962K+1273.2%	-$82K+75.9%	-$340K-230.1%	-$103K-200.0%	$103K-55.8%	$233K+136.1%	-$645K+71.5%	-$2.3M-483.4%	$591K+12.1%	$527K+173.1%	-$721K-66.9%	-$432K
Net Income	-$957K	-$1.9M-199.2%	-$629K-9085.7%	$7K-99.0%	$669K-35.5%	$1.0M+216.0%	-$894K-38.4%	-$646K-344.7%	$264K+8900.0%	-$3K-100.2%	$1.3M+123.0%	-$5.8M-280.2%	$3.2M-9.5%	$3.5M-3.2%	$3.7M+108.7%	$1.8M
EPS (Basic)	N/A	-$0.28-211.1%	-$0.09	N/A	$0.10-33.3%	$0.15+215.4%	-$0.13	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.9M+86.9%	$1.3M+10.5%	$1.2M+1.5%	$958K+7.9%	$1.0M-6.8%	$1.2M+17.0%	$1.2M+1.7%	$888K-47.0%
SG&A Expenses	$598K-13.6%	$712K-1.2%	$1.5M+24.8%	$548K+13.2%	$692K+20.1%	$721K+8.6%	$1.2M+0.4%	$484K-9.2%
Operating Income	$729K+372.0%	$121K+395.1%	-$2.7M-170.6%	-$290K-50.3%	-$268K+39.8%	-$41K+71.9%	-$991K-2.1%	-$193K-148.1%
EBITDA	$781K+719.8%	$217K+4240.0%	-$2.6M-235.4%	-$150K-17.2%	-$126K+68.7%	$5K+104.6%	-$779K+4.9%	-$128K-129.6%
Income Tax	$143K+921.4%	$31K+82.4%	-$314K-647.6%	-$291K-230.7%	$14K+122.6%	$17K+466.7%	-$42K+71.0%	-$88K-366.7%
Net Income	$747K+1167.1%	$258K+72.0%	-$2.2M-204.5%	$209K+43.2%	-$70K+50.0%	$150K+92.3%	-$713K-19.2%	$146K-74.7%
EPS (Basic)	$0.11+1200.0%	$0.04+100.0%	-$0.32-220.0%	$0.03+50.0%	-$0.01+50.0%	$0.02+100.0%	-$0.10	$0.02-77.8%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense, EPS (Diluted), Diluted Shares (Avg).

SPND Balance Sheet

SPND quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$27.5M-0.4%	$27.6M-2.0%	$28.1M+1.2%	$27.8M+6.6%	$26.1M+15.1%	$22.7M-5.1%	$23.9M-2.0%	$24.4M+1.1%	$24.1M+3.3%	$23.4M-9.7%	$25.9M-22.7%	$33.5M+18.8%	$28.2M+14.4%	$24.7M+5.9%	$23.3M
Current Assets	$6.3M-26.5%	$8.6M-7.5%	$9.3M-44.2%	$16.7M+14.4%	$14.6M+36.9%	$10.7M-44.7%	$19.3M+11.9%	$17.2M+11.2%	$15.5M+8.9%	$14.2M-7.7%	$15.4M-9.3%	$17.0M+29.3%	$13.2M+35.6%	$9.7M+6.6%	$9.1M
Cash & Equivalents	$3.6M-43.7%	$6.5M-5.8%	$6.9M-49.5%	$13.6M+27.4%	$10.7M+42.7%	$7.5M-50.9%	$15.2M+8.5%	$14.0M+19.9%	$11.7M+6.2%	$11.0M-11.0%	$12.4M-13.4%	$14.3M+56.6%	$9.1M+27.7%	$7.2M+6.8%	$6.7M
Short-Term Investments	$252K	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$400K0.0%	$400K0.0%	$400K0.0%	$400K0.0%	$400K
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1.8M-14.8%	$2.2M-40.7%	$3.6M+68.6%	$2.2M	N/A
Long-Term Investments	$2.8M+228.2%	$850K-94.9%	$16.6M	$0-100.0%	$9.6M+7.1%	$8.9M+677.5%	$1.1M-32.9%	$1.7M-35.7%	$2.7M	$0	$0	$0	$0	$0	$0
Total Liabilities	$13.1M+19.2%	$11.0M+0.5%	$11.0M+3.4%	$10.6M+11.2%	$9.5M+33.3%	$7.1M-3.6%	$7.4M+2.0%	$7.3M+3.9%	$7.0M+12.4%	$6.2M-16.1%	$7.4M-19.9%	$9.3M+29.4%	$7.2M0.0%	$7.2M-9.6%	$7.9M
Current Liabilities	$6.7M+0.6%	$6.7M+2.4%	$6.5M-4.6%	$6.9M-9.8%	$7.6M+33.0%	$5.7M-4.8%	$6.0M+2.5%	$5.9M+4.4%	$5.6M+6.0%	$5.3M-8.9%	$5.8M-8.6%	$6.4M+48.3%	$4.3M+13.7%	$3.8M+9.5%	$3.4M
Non-Current Liabilities	$6.4M+48.0%	$4.3M-2.3%	$4.4M+18.2%	$3.7M+94.0%	$1.9M+34.2%	$1.4M+1.8%	$1.4M+6.3%	$1.3M+12.2%	$1.2M+28.8%	$916K-18.3%	$1.1M+4.0%	$1.1M-2.6%	$1.1M-28.5%	$1.5M-65.4%	$4.5M
Total Equity	$14.3M-13.5%	$16.6M-3.7%	$17.2M-0.1%	$17.2M+3.9%	$16.6M+6.7%	$15.5M-5.8%	$16.5M-3.8%	$17.1M0.0%	$17.1M0.0%	$17.1M-7.2%	$18.5M-23.8%	$24.2M+15.2%	$21.0M+20.2%	$17.5M+13.9%	$15.4M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$28.0M+3.5%	$27.8M-0.8%	$27.5M-0.4%	$28.2M+0.3%	$27.1M-3.2%	$28.1M-0.7%	$27.6M-2.0%	$28.1M-0.5%
Current Assets	$8.4M-6.8%	$7.9M-21.5%	$6.3M-26.5%	$7.1M-26.0%	$9.1M-4.8%	$10.0M+3.5%	$8.6M-7.5%	$9.6M-2.0%
Cash & Equivalents	$5.1M-28.5%	$4.3M-43.9%	$3.6M-43.7%	$5.0M-33.3%	$7.2M-2.6%	$7.6M+4.5%	$6.5M-5.8%	$7.4M+5.3%
Short-Term Investments	$752K	$752K	$252K	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$2.8M+228.2%	$0	$0	$0	$850K-94.9%	$0
Total Liabilities	$12.7M+17.5%	$13.3M+16.8%	$13.1M+19.2%	$11.7M+7.8%	$10.8M-0.5%	$11.3M+3.4%	$11.0M+0.5%	$10.8M+3.4%
Current Liabilities	$6.2M-4.1%	$6.8M-2.9%	$6.7M+0.6%	$7.4M+13.0%	$6.5M-0.9%	$7.0M+5.5%	$6.7M+2.4%	$6.5M+3.8%
Non-Current Liabilities	$6.5M+50.1%	$6.4M+48.8%	$6.4M+48.0%	$4.3M0.0%	$4.3M0.0%	$4.3M0.0%	$4.3M-2.3%	$4.3M+2.9%
Total Equity	$15.3M-5.9%	$14.6M-12.7%	$14.3M-13.5%	$16.5M-4.5%	$16.3M-4.9%	$16.7M-3.2%	$16.6M-3.7%	$17.3M-2.9%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt, Retained Earnings.

SPND Cash Flow Statement

SPND quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$237K	-$135K-160.3%	$224K-73.7%	$853K-46.7%	$1.6M-34.5%	$2.4M+420.8%	-$761K-229.4%	-$231K-121.2%	$1.1M+2.6%	$1.1M+240.8%	-$753K-124.8%	-$335K-103.9%	$8.5M+82.9%	$4.7M+1.9%	$4.6M+41.9%	$3.2M
Depreciation & Amortization	N/A	$397K+10.9%	$358K+56.3%	$229K+209.5%	$74K-38.8%	$121K-73.2%	$452K-0.9%	$456K-8.6%	$499K-4.4%	$522K-52.7%	$1.1M-54.5%	$2.4M+31.4%	$1.8M-3.5%	$1.9M+16.2%	$1.6M+43.0%	$1.2M
Stock-Based Compensation	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$34K
Capital Expenditures	N/A	N/A	N/A	$83K+1.2%	$82K+8100.0%	$1K	N/A	$19K	N/A	N/A	N/A	N/A	N/A	N/A	$6K	N/A
Free Cash Flow	N/A	N/A	N/A	$770K-49.3%	$1.5M-37.8%	$2.4M	N/A	-$250K	N/A	N/A	N/A	N/A	N/A	N/A	$4.6M	N/A
Investing Cash Flow	-$2.3M	-$2.3M-278.2%	-$620K+91.8%	-$7.6M-709.5%	$1.2M+192.2%	$424K+105.4%	-$7.8M-521.5%	$1.9M+22.8%	$1.5M+504.0%	-$374K+47.2%	-$708K+36.4%	-$1.1M-133.2%	$3.4M+71.2%	$2.0M+179.4%	-$2.5M+6.9%	-$2.7M
Financing Cash Flow	N/A	-$351K	N/A	-$30K-100.0%	-$15K-103.7%	$403K+20.3%	$335K	N/A	-$270K	N/A	N/A	N/A	N/A	-$720K+56.3%	-$1.6M-1273.3%	-$120K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$68K	N/A	$270K	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$343K+419.7%	$367K+34.9%	-$1.2M-280.5%	$718K+524.3%	$66K+61.0%	$272K-28.6%	-$313K-347.1%	$115K-60.5%
Depreciation & Amortization	$52K-63.4%	$96K+108.7%	$69K-67.5%	$140K+115.4%	$142K+230.2%	$46K+21.1%	$212K+39.5%	$65K+109.7%
Investing Cash Flow	$528K+471.8%	$248K-70.8%	-$120K+81.2%	-$2.9M-5649.0%	-$142K-367.9%	$849K+5206.3%	-$638K-464.6%	-$51K-122.5%
Financing Cash Flow	N/A	N/A	$0	$0	N/A	N/A	N/A	N/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

SPND Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPND quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	-73.9%-32.1pp	-41.7%-22.4pp	-19.4%-18.9pp	-0.5%-7.1pp	6.6%+58.7pp	-52.0%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-42.4%-27.6pp	-14.8%-14.9pp	0.1%-7.9pp	8.0%-9.1pp	17.1%+42.2pp	-25.1%-13.6pp	-11.6%-15.5pp	3.9%+4.0pp	-0.1%-29.5pp	29.4%+126.6pp	-97.2%-121.5pp	24.3%-1.9pp	26.2%-4.1pp	30.2%+11.5pp	18.8%
Return on Equity	-13.1%-9.3pp	-3.8%-3.8pp	0.0%-3.9pp	3.9%-2.4pp	6.3%+12.0pp	-5.8%-1.8pp	-3.9%-5.5pp	1.5%+1.6pp	0.0%-7.8pp	7.8%+39.0pp	-31.3%-44.5pp	13.2%-3.6pp	16.8%-4.1pp	20.9%+9.5pp	11.4%
Return on Assets	-6.9%-4.6pp	-2.3%-2.3pp	0.0%-2.4pp	2.4%-1.6pp	4.0%+7.9pp	-3.9%-1.2pp	-2.7%-3.8pp	1.1%+1.1pp	0.0%-5.7pp	5.7%+28.0pp	-22.3%-31.9pp	9.6%-3.0pp	12.6%-2.3pp	14.8%+7.3pp	7.5%
Current Ratio	0.94-0.3x	1.29-0.1x	1.42-1.0x	2.43+0.5x	1.92+0.1x	1.87-1.3x	3.21+0.3x	2.94+0.2x	2.77+0.1x	2.690.0x	2.660.0x	2.68-0.4x	3.07+0.5x	2.58-0.1x	2.65
Debt-to-Equity	0.92+0.3x	0.670.0x	0.640.0x	0.620.0x	0.58+0.1x	0.460.0x	0.450.0x	0.420.0x	0.410.0x	0.360.0x	0.400.0x	0.380.0x	0.34-0.1x	0.41-0.1x	0.51
Asset Turnover	0.160.0x	0.150.0x	0.18-0.1x	0.30+0.1x	0.23+0.1x	0.16-0.1x	0.230.0x	0.280.0x	0.230.0x	0.190.0x	0.23-0.2x	0.39-0.1x	0.480.0x	0.49+0.1x	0.40
FCF Margin	N/A	N/A	15.1%-3.1pp	18.2%-22.0pp	40.2%	N/A	-4.5%	N/A	N/A	N/A	N/A	N/A	N/A	37.7%	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	37.5%+63.3pp	9.2%+12.6pp	-214.7%	-30.3%-8.5pp	-25.8%+14.1pp	-3.4%+10.9pp	-80.6%-0.3pp	-21.7%-45.7pp
Net Margin	38.4%+45.2pp	19.5%+7.0pp	-173.8%	21.8%+5.4pp	-6.7%+5.8pp	12.6%+4.9pp	-58.0%-8.6pp	16.4%-18.0pp
Return on Equity	4.9%+5.3pp	1.8%+0.9pp	-15.2%-10.8pp	1.3%+0.4pp	-0.4%+0.4pp	0.9%+0.4pp	-4.3%-0.8pp	0.9%-2.4pp
Return on Assets	2.7%+2.9pp	0.9%+0.4pp	-7.9%-5.3pp	0.7%+0.2pp	-0.3%+0.2pp	0.5%+0.3pp	-2.6%-0.5pp	0.5%-1.5pp
Current Ratio	1.360.0x	1.15-0.3x	0.94-0.3x	0.96-0.5x	1.40-0.1x	1.420.0x	1.29-0.1x	1.47-0.1x
Debt-to-Equity	0.83+0.2x	0.91+0.2x	0.92+0.3x	0.71+0.1x	0.660.0x	0.680.0x	0.670.0x	0.630.0x
Asset Turnover	0.070.0x	0.050.0x	0.050.0x	0.030.0x	0.040.0x	0.040.0x	0.040.0x	0.030.0x

Not reported in any period shown, so not listed: Gross Margin, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: The current ratio is below 1.0 (0.94), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SPINDLETOP OIL&GAS CO SPND	FY2025	$4.4M	-$1.9M	-42.4%	$39.6M	—
LAREDO OIL INC LRDC	FY2025	$9K	-$3.2M	N/A	$50.8M	—

Where SPINDLETOP OIL&GAS CO Ranks

Frequently Asked Questions

What is SPINDLETOP OIL&GAS CO's annual revenue?

SPINDLETOP OIL&GAS CO (SPND) reported $4.4M in total revenue for fiscal year 2025. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is SPINDLETOP OIL&GAS CO's revenue growing?

SPINDLETOP OIL&GAS CO (SPND) revenue grew by 4.4% year-over-year, from $4.3M to $4.4M in fiscal year 2025.

Is SPINDLETOP OIL&GAS CO profitable?

No, SPINDLETOP OIL&GAS CO (SPND) reported a net income of -$1.9M in fiscal year 2025, with a net profit margin of -42.4%.

What is SPINDLETOP OIL&GAS CO's EBITDA?

SPINDLETOP OIL&GAS CO (SPND) had EBITDA of -$2.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is SPINDLETOP OIL&GAS CO's operating margin?

SPINDLETOP OIL&GAS CO (SPND) had an operating margin of -73.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is SPINDLETOP OIL&GAS CO's net profit margin?

SPINDLETOP OIL&GAS CO (SPND) had a net profit margin of -42.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is SPINDLETOP OIL&GAS CO's return on equity (ROE)?

SPINDLETOP OIL&GAS CO (SPND) has a return on equity of -13.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is SPINDLETOP OIL&GAS CO's operating cash flow?

SPINDLETOP OIL&GAS CO (SPND) recorded an outflow of $135K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are SPINDLETOP OIL&GAS CO's total assets?

SPINDLETOP OIL&GAS CO (SPND) had $27.5M in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does SPINDLETOP OIL&GAS CO have outstanding?

SPINDLETOP OIL&GAS CO (SPND) had 7M shares outstanding as of fiscal year 2025.

What is SPINDLETOP OIL&GAS CO's current ratio?

SPINDLETOP OIL&GAS CO (SPND) had a current ratio of 0.94 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is SPINDLETOP OIL&GAS CO's debt-to-equity ratio?

SPINDLETOP OIL&GAS CO (SPND) had a debt-to-equity ratio of 0.92 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is SPINDLETOP OIL&GAS CO's return on assets (ROA)?

SPINDLETOP OIL&GAS CO (SPND) had a return on assets of -6.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is SPINDLETOP OIL&GAS CO's P/E ratio?

SPINDLETOP OIL&GAS CO (SPND) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $39.6M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SPINDLETOP OIL&GAS CO's price-to-sales ratio?

SPINDLETOP OIL&GAS CO (SPND) trades at 7.2x sales, its market capitalization divided by revenue of $5.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $39.6M as of Sep 15, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SPINDLETOP OIL&GAS CO's Piotroski F-Score?

SPINDLETOP OIL&GAS CO (SPND) has a Piotroski F-Score of 3 out of 7 computable signals; 2 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.

Are SPINDLETOP OIL&GAS CO's earnings high quality?

SPINDLETOP OIL&GAS CO (SPND) reported a net loss of $1.9M while operations used $135K 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.