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
Sandstorm Gold: Our Favorite Gold Play For The Next Rate Cycle
Aug 22Sandstorm Gold: Potential Additional Upside But First, A Lower Price
May 23Sandstorm Gold: A Deep Dive Into The Company And Undervaluation
Mar 07Sandstorm Gold: Irrational Recent Price Decline
Feb 21Sandstorm Gold: Potential Strong Upside But Not Soon
Jan 25Sandstorm Gold: Higher Prices Likely Ahead
Nov 09Sandstorm Gold: Even A Broken Clock Is Right Twice A Day
Oct 09Sandstorm Gold: A Solid Quarter But Not Solid Enough
Aug 14Sandstorm Gold: GEO Production Weakening Sequentially
Jul 10Sandstorm Gold: The Stock Outperformance Is An Issue
Jun 16Sandstorm Gold: I'm Pounding The Table
May 30Sandstorm Gold reports Q4 results
Feb 21Sandstorm Gold: Time To Accumulate On Weakness Is Here
Jan 13Sandstorm Gold declares CAD 0.02 dividend
Dec 20Sandstorm Gold: Too Cheap To Ignore
Dec 06Sandstorm Gold net income of C$31.7M, revenue of C$39M
Nov 07Sandstorm Gold: Record Gold Equivalent Production In Q3
Oct 08Sandstorm Gold declares CAD 0.02 dividend
Sep 29Sandstorm Gold: Industry-Leading Growth At An Attractive Valuation
Sep 19Sandstorm Gold: A Hold For The Coming Gold Rush
Sep 12Sandstorm Gold Is About To Get Bigger
Aug 15Sandstorm Gold declares CAD 0.02 dividend
Jun 30Sandstorm Gold: A Streamer On Steroids
Jun 06Sandstorm Gold: The $1.1 Billion Transactions That Take It To New Heights
May 24Sandstorm Gold: New Mega-Acquisitions Worth $1.1 Billion
May 03Sandstorm Gold: Trading At A Premium Valuation After Recent Rally
Apr 12Financial Position Analysis
Short Term Liabilities: SAND's short term assets ($34.5M) exceed its short term liabilities ($17.3M).
Long Term Liabilities: SAND's short term assets ($34.5M) do not cover its long term liabilities ($414.8M).
Debt to Equity History and Analysis
Debt Level: SAND's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: SAND's debt to equity ratio has increased from 6.7% to 26.6% over the past 5 years.
Debt Coverage: SAND's debt is well covered by operating cash flow (35.4%).
Interest Coverage: SAND's interest payments on its debt are not well covered by EBIT (1.6x coverage).