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 $379.0M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are $1.9B and $422.2M respectively. Sandstorm Gold's EBIT is $63.8M making its interest coverage ratio 1.7. It has cash and short-term investments of $16.2M.
Key information
26.0%
Debt to equity ratio
US$379.00m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$16.17m |
| Equity | US$1.46b |
| Total liabilities | US$422.19m |
| Total assets | US$1.88b |
Recent financial health updates
Sandstorm Gold (TSE:SSL) Has A Somewhat Strained Balance Sheet
Aug 21
These 4 Measures Indicate That Sandstorm Gold (TSE:SSL) Is Using Debt Extensively
Jan 19Sandstorm 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's (TSE:SSL) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 15Sandstorm Gold (TSE:SSL) Is Due To Pay A Dividend Of $0.02
Oct 10Investors Still Waiting For A Pull Back In Sandstorm Gold Ltd. (TSE:SSL)
Sep 26Sandstorm Gold (TSE:SSL) Has A Somewhat Strained Balance Sheet
Aug 21Sandstorm Gold (TSE:SSL) Has Announced A Dividend Of $0.02
Jul 15Sandstorm Gold (TSE:SSL) Has Affirmed Its Dividend Of $0.02
Jul 01We Think Shareholders May Want To Consider A Review Of Sandstorm Gold Ltd.'s (TSE:SSL) CEO Compensation Package
Jun 16Sandstorm 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 31Financial Position Analysis
Short Term Liabilities: SSL's short term assets ($36.0M) exceed its short term liabilities ($15.7M).
Long Term Liabilities: SSL's short term assets ($36.0M) do not cover its long term liabilities ($406.5M).
Debt to Equity History and Analysis
Debt Level: SSL's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: SSL's debt to equity ratio has increased from 8.7% to 26% over the past 5 years.
Debt Coverage: SSL's debt is well covered by operating cash flow (36.4%).
Interest Coverage: SSL's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 16:42 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sandstorm Gold Ltd. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Heiko Ihle | Alliance Global Partners |
| Brian Quast | BMO Capital Markets Equity Research |
| Carey MacRury | Canaccord Genuity |