Smart Sand Balance Sheet Health

Financial Health criteria checks 5/6

Smart Sand has a total shareholder equity of $242.3M and total debt of $18.4M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are $346.3M and $104.0M respectively. Smart Sand's EBIT is $298.0K making its interest coverage ratio 0.2. It has cash and short-term investments of $6.1M.

Key information

7.6%

Debt to equity ratio

US$18.38m

Debt

Interest coverage ratio0.2x
CashUS$6.07m
EquityUS$242.27m
Total liabilitiesUS$104.03m
Total assetsUS$346.30m

Recent financial health updates

Recent updates

Smart Sand, Inc.'s (NASDAQ:SND) Intrinsic Value Is Potentially 42% Above Its Share Price

Jan 04
Smart Sand, Inc.'s (NASDAQ:SND) Intrinsic Value Is Potentially 42% Above Its Share Price

Smart Sand (NASDAQ:SND) May Have Issues Allocating Its Capital

Sep 12
Smart Sand (NASDAQ:SND) May Have Issues Allocating Its Capital

Here's Why Smart Sand (NASDAQ:SND) Can Manage Its Debt Responsibly

Aug 10
Here's Why Smart Sand (NASDAQ:SND) Can Manage Its Debt Responsibly

Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?

Dec 06
Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?

Smart Sand: Incremental Return On Northern White Sand Is A Potent Catalyst

Aug 29

Smart Sand: Frac Sand Prices Are Rising And Profitability Is In Sight

Jul 12

The Smart Sand, Inc. (NASDAQ:SND) Analyst Just Boosted Their Forecasts By A Captivating Amount

May 17
The Smart Sand, Inc. (NASDAQ:SND) Analyst Just Boosted Their Forecasts By A Captivating Amount

Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?

Apr 09
Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?

Smart Sand: Diversifying A Cyclical Business

Mar 24

Is Smart Sand (NASDAQ:SND) Using Too Much Debt?

Oct 28
Is Smart Sand (NASDAQ:SND) Using Too Much Debt?

Smart Sand: Not This Year, Maybe In 2022

Oct 26

Would Smart Sand (NASDAQ:SND) Be Better Off With Less Debt?

Jul 19
Would Smart Sand (NASDAQ:SND) Be Better Off With Less Debt?

Is Now The Time To Put Smart Sand (NASDAQ:SND) On Your Watchlist?

Jun 28
Is Now The Time To Put Smart Sand (NASDAQ:SND) On Your Watchlist?

Smart Sand grinds higher after court win against U.S. Well Services

Jun 04

An Intrinsic Calculation For Smart Sand, Inc. (NASDAQ:SND) Suggests It's 39% Undervalued

May 08
An Intrinsic Calculation For Smart Sand, Inc. (NASDAQ:SND) Suggests It's 39% Undervalued

Smart Sand EPS beats by $0.03, misses on revenue

May 04

Smart Sand And The Intelligent Investor

Apr 26

Is Smart Sand (NASDAQ:SND) A Risky Investment?

Apr 19
Is Smart Sand (NASDAQ:SND) A Risky Investment?

The Executive VP of Smart Sand, Inc. (NASDAQ:SND), James Young, Just Sold 35% Of Their Holding

Mar 11
The Executive VP of Smart Sand, Inc. (NASDAQ:SND), James Young, Just Sold 35% Of Their Holding

What Kind Of Shareholders Hold The Majority In Smart Sand, Inc.'s (NASDAQ:SND) Shares?

Feb 22
What Kind Of Shareholders Hold The Majority In Smart Sand, Inc.'s (NASDAQ:SND) Shares?

A Look At The Intrinsic Value Of Smart Sand, Inc. (NASDAQ:SND)

Feb 05
A Look At The Intrinsic Value Of Smart Sand, Inc. (NASDAQ:SND)

Smart Sand (NASDAQ:SND) Has A Somewhat Strained Balance Sheet

Jan 15
Smart Sand (NASDAQ:SND) Has A Somewhat Strained Balance Sheet

Smart Sand's (NASDAQ:SND) Stock Price Has Reduced 79% In The Past Three Years

Dec 25
Smart Sand's (NASDAQ:SND) Stock Price Has Reduced 79% In The Past Three Years

How Many Smart Sand, Inc. (NASDAQ:SND) Shares Have Insiders Sold, In The Last Year?

Dec 07
How Many Smart Sand, Inc. (NASDAQ:SND) Shares Have Insiders Sold, In The Last Year?

Industry Analysts Just Made A Substantial Upgrade To Their Smart Sand, Inc. (NASDAQ:SND) Revenue Forecasts

Nov 19
Industry Analysts Just Made A Substantial Upgrade To Their Smart Sand, Inc. (NASDAQ:SND) Revenue Forecasts

Financial Position Analysis

Short Term Liabilities: SND's short term assets ($61.9M) exceed its short term liabilities ($54.5M).

Long Term Liabilities: SND's short term assets ($61.9M) exceed its long term liabilities ($49.6M).


Debt to Equity History and Analysis

Debt Level: SND's net debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: SND's debt to equity ratio has reduced from 23% to 7.6% over the past 5 years.

Debt Coverage: SND's debt is well covered by operating cash flow (168.6%).

Interest Coverage: SND's interest payments on its debt are not well covered by EBIT (0.2x coverage).


Balance Sheet


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