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 $388.0M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are $1.9B and $432.1M respectively. Sandstorm Gold's EBIT is $59.6M making its interest coverage ratio 1.6. It has cash and short-term investments of $17.9M.
Key information
26.6%
Debt to equity ratio
US$388.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$17.93m |
| Equity | US$1.46b |
| Total liabilities | US$432.14m |
| Total assets | US$1.89b |
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 (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 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 03Financial Position Analysis
Short Term Liabilities: SSL's short term assets ($34.5M) exceed its short term liabilities ($17.3M).
Long Term Liabilities: SSL's short term assets ($34.5M) do not cover its long term liabilities ($414.8M).
Debt to Equity History and Analysis
Debt Level: SSL's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: SSL's debt to equity ratio has increased from 6.7% to 26.6% over the past 5 years.
Debt Coverage: SSL's debt is well covered by operating cash flow (35.4%).
Interest Coverage: SSL's interest payments on its debt are not well covered by EBIT (1.6x coverage).