Smart Sand Balance Sheet Health
Financial Health criteria checks 5/6
Smart Sand has a total shareholder equity of $243.6M and total debt of $13.0M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are $335.8M and $92.3M respectively.
Key information
5.3%
Debt to equity ratio
US$12.98m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.22m |
| Equity | US$243.55m |
| Total liabilities | US$92.26m |
| Total assets | US$335.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SD's short term assets ($64.7M) exceed its short term liabilities ($37.8M).
Long Term Liabilities: 1SD's short term assets ($64.7M) exceed its long term liabilities ($54.5M).
Debt to Equity History and Analysis
Debt Level: 1SD's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 1SD's debt to equity ratio has reduced from 12.5% to 5.3% over the past 5 years.
Debt Coverage: 1SD's debt is well covered by operating cash flow (109.2%).
Interest Coverage: Insufficient data to determine if 1SD's interest payments on its debt are well covered by EBIT.