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
Smart Sand (NASDAQ:SND) Has A Somewhat Strained Balance Sheet
Nov 07
Smart Sand (NASDAQ:SND) Seems To Use Debt Quite Sensibly
Apr 07Here's Why Smart Sand (NASDAQ:SND) Can Manage Its Debt Responsibly
Aug 10Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?
Dec 06Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?
Apr 09Is Smart Sand (NASDAQ:SND) Using Too Much Debt?
Oct 28Recent updates
Smart Sand (NASDAQ:SND) Has A Somewhat Strained Balance Sheet
Nov 07Smart Sand's (NASDAQ:SND) Soft Earnings Are Actually Better Than They Appear
Aug 21Smart Sand Reports Strong Q2, Thoughts Ahead Of The Earnings Call
Aug 14Investors Could Be Concerned With Smart Sand's (NASDAQ:SND) Returns On Capital
Aug 10Smart Sand's (NASDAQ:SND) Returns On Capital Not Reflecting Well On The Business
May 10Smart Sand (NASDAQ:SND) Seems To Use Debt Quite Sensibly
Apr 07Smart Sand, Inc.'s (NASDAQ:SND) Intrinsic Value Is Potentially 42% Above Its Share Price
Jan 04Smart Sand (NASDAQ:SND) May Have Issues Allocating Its Capital
Sep 12Here's Why Smart Sand (NASDAQ:SND) Can Manage Its Debt Responsibly
Aug 10Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?
Dec 06Smart Sand: Incremental Return On Northern White Sand Is A Potent Catalyst
Aug 29Smart Sand: Frac Sand Prices Are Rising And Profitability Is In Sight
Jul 12The Smart Sand, Inc. (NASDAQ:SND) Analyst Just Boosted Their Forecasts By A Captivating Amount
May 17Is Smart Sand (NASDAQ:SND) Weighed On By Its Debt Load?
Apr 09Smart Sand: Diversifying A Cyclical Business
Mar 24Is Smart Sand (NASDAQ:SND) Using Too Much Debt?
Oct 28Smart Sand: Not This Year, Maybe In 2022
Oct 26Would Smart Sand (NASDAQ:SND) Be Better Off With Less Debt?
Jul 19Is Now The Time To Put Smart Sand (NASDAQ:SND) On Your Watchlist?
Jun 28Smart Sand grinds higher after court win against U.S. Well Services
Jun 04An Intrinsic Calculation For Smart Sand, Inc. (NASDAQ:SND) Suggests It's 39% Undervalued
May 08Smart Sand EPS beats by $0.03, misses on revenue
May 04Smart Sand And The Intelligent Investor
Apr 26Is Smart Sand (NASDAQ:SND) A Risky Investment?
Apr 19The Executive VP of Smart Sand, Inc. (NASDAQ:SND), James Young, Just Sold 35% Of Their Holding
Mar 11Financial Position Analysis
Short Term Liabilities: SND's short term assets ($64.7M) exceed its short term liabilities ($37.8M).
Long Term Liabilities: SND's short term assets ($64.7M) exceed its long term liabilities ($54.5M).
Debt to Equity History and Analysis
Debt Level: SND's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: SND's debt to equity ratio has reduced from 12.5% to 5.3% over the past 5 years.
Debt Coverage: SND's debt is well covered by operating cash flow (109.2%).
Interest Coverage: Insufficient data to determine if SND's interest payments on its debt are well covered by EBIT.