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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYS1's short term assets ($34.5M) exceed its short term liabilities ($17.3M).
Long Term Liabilities: AYS1's short term assets ($34.5M) do not cover its long term liabilities ($414.8M).
Debt to Equity History and Analysis
Debt Level: AYS1's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: AYS1's debt to equity ratio has increased from 6.7% to 26.6% over the past 5 years.
Debt Coverage: AYS1's debt is well covered by operating cash flow (35.4%).
Interest Coverage: AYS1's interest payments on its debt are not well covered by EBIT (1.6x coverage).