SP

Spindletop Oil and Gas CoOOTC SPND Stock Report

Last reporting period 31 Mar, 2024

Updated 19 Sep, 2024

Last price

Market cap $B

0.027

Micro

Exchange

OOTC - OTC

View Full Company Analysis

Spindletop Financial Leverage

1.62

Last period Financial Leverage ,USD

17%

Financial Leverage has increased in 5 years


What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage ?

Financial leverage is a multiplier that shows how much of a company's assets are financed by debts and other liabilities assumed. The higher the value of this indicator, the more often the company resorts to borrowing to purchase new assets.

What is Financial Leverage of Spindletop Oil ?

Spindletop Oil`s Financial Leverage for the last twelve months ended 2024-03-31 is 1.62

View Full Company Analysis