Sandstorm Long Term Investments vs Long Term Debt Total Analysis
SAND Stock | USD 5.79 0.04 0.69% |
Sandstorm Gold financial indicator trend analysis is much more than just breaking down Sandstorm Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sandstorm Gold is a good investment. Please check the relationship between Sandstorm Gold Long Term Investments and its Long Term Debt Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandstorm Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Long Term Investments vs Long Term Debt Total
Long Term Investments vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandstorm Gold Long Term Investments account and Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sandstorm Gold's Long Term Investments and Long Term Debt Total is -0.66. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Sandstorm Gold Ltd, assuming nothing else is changed. The correlation between historical values of Sandstorm Gold's Long Term Investments and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Sandstorm Gold Ltd are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Investments i.e., Sandstorm Gold's Long Term Investments and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Sandstorm Gold balance sheet that represents investments Sandstorm Gold intends to hold for over a year. Sandstorm Gold Ltd long term investments may include different instruments such as stocks, bonds, real estate and cash.Long Term Debt Total
Most indicators from Sandstorm Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sandstorm Gold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandstorm Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Sandstorm Gold's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.46, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2023 | 2024 (projected) | Total Revenue | 179.6M | 188.6M | Research Development | 225K | 200K |
Sandstorm Gold fundamental ratios Correlations
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Sandstorm Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sandstorm Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 623.2M | 649.9M | 620.9M | 2.0B | 1.9B | 2.0B | |
Total Current Liabilities | 3.9M | 3.4M | 7.3M | 19.0M | 16.2M | 17.0M | |
Total Stockholder Equity | 570.9M | 638.1M | 592.6M | 1.4B | 1.4B | 1.5B | |
Net Debt | 41.4M | (110.9M) | (13.6M) | 492.5M | 430.0M | 451.5M | |
Retained Earnings | (2.9M) | 11.0M | 35.6M | 98.9M | 122.9M | 129.1M | |
Accounts Payable | 3.9M | 3.4M | 2.2M | 3.8M | 5.7M | 3.5M | |
Cash | 7.0M | 113.8M | 16.2M | 7.0M | 5.0M | 4.8M | |
Cash And Short Term Investments | 17.8M | 115.6M | 21.2M | 10.8M | 33.4M | 41.2M | |
Common Stock Shares Outstanding | 190.2M | 196.9M | 197.8M | 234.3M | 300.0M | 315.0M | |
Liabilities And Stockholders Equity | 623.2M | 649.9M | 620.9M | 2.0B | 1.9B | 2.0B | |
Non Current Liabilities Total | 48.4M | 8.3M | 20.9M | 514.3M | 461.3M | 484.3M | |
Other Stockholder Equity | 20.2M | 271.8M | (137.6M) | (2.8M) | (7.3M) | (6.9M) | |
Total Liab | 52.3M | 11.8M | 28.2M | 533.4M | 477.4M | 501.3M | |
Total Current Assets | 28.1M | 124.4M | 33.6M | 32.7M | 53.5M | 48.7M | |
Non Current Assets Total | 595.0M | 525.5M | 587.3M | 1.9B | 1.9B | 2.0B | |
Non Currrent Assets Other | 5.8M | 9.4M | 6.6M | 9.5M | 16.0M | 8.8M | |
Other Assets | 6.9M | 8.3M | 5.0M | 7.4M | 275.1K | 261.4K | |
Net Receivables | 7.6M | 8.0M | 11.8M | 21.4M | 16.0M | 16.8M | |
Other Current Assets | 2.8M | 737K | 677.0K | 531K | 5.0M | 5.2M | |
Accumulated Other Comprehensive Income | (83.8M) | (92.5M) | (137.6M) | (2.8M) | (6.3M) | (6.6M) | |
Property Plant And Equipment Net | 395.5M | 359.3M | 473.7M | 1.8B | 1.6B | 1.7B | |
Property Plant And Equipment Gross | 395.5M | 359.3M | 873.7M | 2.2B | 2.1B | 2.2B | |
Common Stock Total Equity | 693.9M | 684.7M | 657.6M | 719.7M | 827.7M | 549.9M | |
Common Stock | 657.6M | 719.7M | 694.7M | 1.3B | 1.3B | 667.9M | |
Property Plant Equipment | 398.7M | 359.3M | 473.7M | 1.8B | 2.0B | 2.2B | |
Other Liab | 196K | 5.5M | 18.3M | 14.8M | 17.0M | 17.9M | |
Net Tangible Assets | 570.9M | 638.1M | 592.6M | 1.4B | 1.6B | 1.7B | |
Long Term Investments | 184.8M | 156.8M | 107.0M | 151.3M | 286.4M | 300.7M | |
Short Long Term Debt Total | 48.4M | 2.9M | 2.6M | 499.5M | 435M | 456.8M | |
Short Term Investments | 10.8M | 1.9M | 5.0M | 3.8M | 28.3M | 29.7M | |
Net Invested Capital | 615.9M | 638.1M | 592.6M | 1.9B | 1.9B | 1.1B | |
Net Working Capital | 24.3M | 120.9M | 26.3M | 13.7M | 37.6M | 43.4M | |
Capital Stock | 657.6M | 719.7M | 694.7M | 1.3B | 1.3B | 987.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sandstorm Gold is a strong investment it is important to analyze Sandstorm Gold'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 Sandstorm Gold's future performance. For an informed investment choice regarding Sandstorm Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandstorm Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Metals & Mining 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 Sandstorm Gold. If investors know Sandstorm 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 Sandstorm Gold 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 3.365 | Dividend Share 0.061 | Earnings Share 0.12 | Revenue Per Share 0.583 | Quarterly Revenue Growth 0.082 |
The market value of Sandstorm Gold is measured differently than its book value, which is the value of Sandstorm that is recorded on the company's balance sheet. Investors also form their own opinion of Sandstorm Gold's value that differs from its market value or its book value, called intrinsic value, which is Sandstorm Gold'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 Sandstorm Gold's market value can be influenced by many factors that don't directly affect Sandstorm Gold'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 Sandstorm Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sandstorm Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sandstorm Gold'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.