Smart Debt Ratio from 2010 to 2024

SND Stock  USD 2.39  0.06  2.58%   
Smart Sand's Debt Ratio is decreasing over the years with slightly volatile fluctuation. Debt Ratio is expected to dwindle to 0.08. During the period from 2010 to 2024 Smart Sand Debt Ratio annual values regression line had geometric mean of  0.12 and mean square error of  0.04. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.08418712
Current Value
0.08
Quarterly Volatility
0.3560627
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smart Sand financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smart Sand's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.4 M, Interest Expense of 1.2 M or Selling General Administrative of 24.1 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0 or PTB Ratio of 0.33. Smart financial statements analysis is a perfect complement when working with Smart Sand Valuation or Volatility modules.
  
Check out the analysis of Smart Sand Correlation against competitors.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.

Latest Smart Sand's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Smart Sand over the last few years. It is Smart Sand's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smart Sand's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Smart Debt Ratio Regression Statistics

Arithmetic Mean0.34
Geometric Mean0.12
Coefficient Of Variation103.50
Mean Deviation0.33
Median0.13
Standard Deviation0.36
Sample Variance0.13
Range0.8047
R-Value(0.85)
Mean Square Error0.04
R-Squared0.72
Significance0.000066
Slope(0.07)
Total Sum of Squares1.77

Smart Debt Ratio History

2024 0.08
2023 0.0842
2022 0.0519
2021 0.0592
2020 0.0843
2019 0.13
2018 0.15

Other Fundumenentals of Smart Sand

Smart Sand Debt Ratio component correlations

0.970.970.02-0.130.980.48-0.690.820.250.790.150.89-0.950.740.97-0.750.920.91-0.940.93-0.090.47
0.971.0-0.14-0.340.940.56-0.810.770.020.710.080.93-0.90.70.94-0.830.980.97-0.940.85-0.110.41
0.971.0-0.17-0.350.940.58-0.830.760.00.720.090.92-0.890.720.94-0.840.990.96-0.940.83-0.130.37
0.02-0.14-0.170.650.07-0.560.50.120.710.140.05-0.11-0.08-0.130.010.19-0.28-0.260.140.120.360.04
-0.13-0.34-0.350.65-0.06-0.50.720.090.870.110.19-0.380.020.03-0.050.52-0.46-0.50.190.130.12-0.02
0.980.940.940.07-0.060.38-0.640.890.30.80.150.91-0.920.740.95-0.720.870.84-0.890.950.050.43
0.480.560.58-0.56-0.50.38-0.650.21-0.290.22-0.020.4-0.410.350.52-0.310.640.59-0.710.22-0.450.13
-0.69-0.81-0.830.50.72-0.64-0.65-0.430.41-0.57-0.06-0.790.66-0.65-0.660.88-0.87-0.890.7-0.510.31-0.42
0.820.770.760.120.090.890.21-0.430.320.650.050.85-0.690.580.75-0.480.660.66-0.740.850.330.35
0.250.020.00.710.870.3-0.290.410.320.450.35-0.03-0.350.290.290.23-0.12-0.14-0.160.450.080.3
0.790.710.720.140.110.80.22-0.570.650.450.550.65-0.860.920.81-0.660.650.63-0.680.82-0.250.58
0.150.080.090.050.190.15-0.02-0.060.050.350.55-0.01-0.210.370.22-0.090.060.04-0.090.2-0.220.19
0.890.930.92-0.11-0.380.910.4-0.790.85-0.030.65-0.01-0.770.60.8-0.790.880.9-0.810.810.180.42
-0.95-0.9-0.89-0.080.02-0.92-0.410.66-0.69-0.35-0.86-0.21-0.77-0.85-0.960.76-0.86-0.840.88-0.920.3-0.58
0.740.70.72-0.130.030.740.35-0.650.580.290.920.370.6-0.850.79-0.680.680.65-0.680.79-0.440.61
0.970.940.940.01-0.050.950.52-0.660.750.290.810.220.8-0.960.79-0.720.90.85-0.950.9-0.220.38
-0.75-0.83-0.840.190.52-0.72-0.310.88-0.480.23-0.66-0.09-0.790.76-0.68-0.72-0.86-0.870.62-0.640.23-0.41
0.920.980.99-0.28-0.460.870.64-0.870.66-0.120.650.060.88-0.860.680.9-0.860.98-0.920.77-0.240.36
0.910.970.96-0.26-0.50.840.59-0.890.66-0.140.630.040.9-0.840.650.85-0.870.98-0.880.77-0.210.49
-0.94-0.94-0.940.140.19-0.89-0.710.7-0.74-0.16-0.68-0.09-0.810.88-0.68-0.950.62-0.92-0.88-0.810.21-0.36
0.930.850.830.120.130.950.22-0.510.850.450.820.20.81-0.920.790.9-0.640.770.77-0.81-0.030.58
-0.09-0.11-0.130.360.120.05-0.450.310.330.08-0.25-0.220.180.3-0.44-0.220.23-0.24-0.210.21-0.03-0.27
0.470.410.370.04-0.020.430.13-0.420.350.30.580.190.42-0.580.610.38-0.410.360.49-0.360.58-0.27
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About Smart Sand Financial Statements

Smart Sand stakeholders use historical fundamental indicators, such as Smart Sand's Debt Ratio, to determine how well the company is positioned to perform in the future. Although Smart Sand investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smart Sand's assets and liabilities are reflected in the revenues and expenses on Smart Sand's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Smart Sand. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.08  0.08 
Cash Flow To Debt Ratio 1.06  1.01 

Also Currently Popular

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When determining whether Smart Sand is a strong investment it is important to analyze Smart Sand's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smart Sand's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out the analysis of Smart Sand Correlation against competitors.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Smart Sand. If investors know Smart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Smart Sand listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.931
Earnings Share
(0.14)
Revenue Per Share
7.688
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0022
The market value of Smart Sand is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Sand's value that differs from its market value or its book value, called intrinsic value, which is Smart Sand's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Smart Sand's market value can be influenced by many factors that don't directly affect Smart Sand's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Smart Sand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Sand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Sand's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.