Smart Sand Balance Sheet Health
Financial Health criteria checks 5/6
Smart Sand has a total shareholder equity of $242.5M and total debt of $23.8M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are $349.3M and $106.7M respectively. Smart Sand's EBIT is $804.0K making its interest coverage ratio 0.6. It has cash and short-term investments of $4.6M.
Key information
9.8%
Debt to equity ratio
US$23.81m
Debt
Interest coverage ratio | 0.6x |
Cash | US$4.60m |
Equity | US$242.53m |
Total liabilities | US$106.73m |
Total assets | US$349.26m |
Recent financial health updates
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 28Would Smart Sand (NASDAQ:SND) Be Better Off With Less Debt?
Jul 19Recent updates
Smart 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 11What Kind Of Shareholders Hold The Majority In Smart Sand, Inc.'s (NASDAQ:SND) Shares?
Feb 22A Look At The Intrinsic Value Of Smart Sand, Inc. (NASDAQ:SND)
Feb 05Smart Sand (NASDAQ:SND) Has A Somewhat Strained Balance Sheet
Jan 15Smart Sand's (NASDAQ:SND) Stock Price Has Reduced 79% In The Past Three Years
Dec 25Financial Position Analysis
Short Term Liabilities: SND's short term assets ($71.2M) exceed its short term liabilities ($59.3M).
Long Term Liabilities: SND's short term assets ($71.2M) exceed its long term liabilities ($47.4M).
Debt to Equity History and Analysis
Debt Level: SND's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: SND's debt to equity ratio has reduced from 24.3% to 9.8% over the past 5 years.
Debt Coverage: SND's debt is well covered by operating cash flow (92.5%).
Interest Coverage: SND's interest payments on its debt are not well covered by EBIT (0.6x coverage).