Sandstorm Gold Balance Sheet Health
Financial Health criteria checks 3/6
Sandstorm Gold has a total shareholder equity of $1.5B and total debt of $435.0M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are $1.9B and $477.4M respectively. Sandstorm Gold's EBIT is $59.5M making its interest coverage ratio 1.5. It has cash and short-term investments of $33.4M.
Key information
29.9%
Debt to equity ratio
US$435.00m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$33.40m |
| Equity | US$1.45b |
| Total liabilities | US$477.45m |
| Total assets | US$1.93b |
Recent financial health updates
These 4 Measures Indicate That Sandstorm Gold (TSE:SSL) Is Using Debt Extensively
Jan 19
Sandstorm Gold (TSE:SSL) Takes On Some Risk With Its Use Of Debt
Oct 19Here's Why Sandstorm Gold (TSE:SSL) Has A Meaningful Debt Burden
Jun 09Does Sandstorm Gold (TSE:SSL) Have A Healthy Balance Sheet?
Feb 24Recent updates
Sandstorm Gold (TSE:SSL) Has Affirmed Its Dividend Of $0.02
Apr 06Optimistic Investors Push Sandstorm Gold Ltd. (TSE:SSL) Shares Up 27% But Growth Is Lacking
Mar 16Calculating The Fair Value Of Sandstorm Gold Ltd. (TSE:SSL)
Mar 08We Think That There Are More Issues For Sandstorm Gold (TSE:SSL) Than Just Sluggish Earnings
Feb 22These 4 Measures Indicate That Sandstorm Gold (TSE:SSL) Is Using Debt Extensively
Jan 19Subdued Growth No Barrier To Sandstorm Gold Ltd.'s (TSE:SSL) Price
Jan 03Sandstorm Gold (TSE:SSL) Takes On Some Risk With Its Use Of Debt
Oct 19Sandstorm Gold (TSE:SSL) Is Paying Out A Dividend Of $0.02
Oct 01Calculating The Intrinsic Value Of Sandstorm Gold Ltd. (TSE:SSL)
Sep 24Here's Why Sandstorm Gold (TSE:SSL) Has Caught The Eye Of Investors
Jul 19Sandstorm Gold (TSE:SSL) Is Paying Out A Dividend Of $0.02
Jul 04Here's Why Sandstorm Gold (TSE:SSL) Has A Meaningful Debt Burden
Jun 09Should You Be Adding Sandstorm Gold (TSE:SSL) To Your Watchlist Today?
Mar 09Does Sandstorm Gold (TSE:SSL) Have A Healthy Balance Sheet?
Feb 24Sandstorm Gold (TSE:SSL) Will Pay A Dividend Of $0.02
Dec 31With EPS Growth And More, Sandstorm Gold (TSE:SSL) Makes An Interesting Case
Jul 04Is Sandstorm Gold Ltd. (TSE:SSL) Trading At A 26% Discount?
Jun 03Sandstorm Gold Ltd. Just Missed EPS By 8.2%: Here's What Analysts Think Will Happen Next
May 14Financial Position Analysis
Short Term Liabilities: SSL's short term assets ($53.8M) exceed its short term liabilities ($16.2M).
Long Term Liabilities: SSL's short term assets ($53.8M) do not cover its long term liabilities ($461.3M).
Debt to Equity History and Analysis
Debt Level: SSL's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: SSL's debt to equity ratio has increased from 0% to 29.9% over the past 5 years.
Debt Coverage: SSL's debt is well covered by operating cash flow (35.1%).
Interest Coverage: SSL's interest payments on its debt are not well covered by EBIT (1.5x coverage).