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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AYS1's short term assets ($53.8M) exceed its short term liabilities ($16.2M).
Long Term Liabilities: AYS1's short term assets ($53.8M) do not cover its long term liabilities ($461.3M).
Debt to Equity History and Analysis
Debt Level: AYS1's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: AYS1's debt to equity ratio has increased from 0% to 29.9% over the past 5 years.
Debt Coverage: AYS1's debt is well covered by operating cash flow (35.1%).
Interest Coverage: AYS1's interest payments on its debt are not well covered by EBIT (1.5x coverage).