Sandstorm Short Term Debt vs Property Plant Equipment 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 Short Term Debt and its Property Plant Equipment 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.

Short Term Debt vs Property Plant Equipment

Short Term Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandstorm Gold Short Term Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sandstorm Gold's Short Term Debt and Property Plant Equipment is -0.51. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment 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 Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Sandstorm Gold Ltd are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., Sandstorm Gold's Short Term Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

Property Plant Equipment

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 Revenue179.6M188.6M
Research Development225K200K

Sandstorm Gold fundamental ratios Correlations

0.970.990.930.850.37-0.31-0.140.880.96-0.230.96-0.041.00.17-0.260.760.040.810.990.980.610.840.980.490.7
0.970.950.920.810.4-0.32-0.170.810.95-0.350.95-0.060.970.2-0.190.810.080.840.980.970.560.810.950.440.73
0.990.950.880.820.42-0.28-0.10.930.92-0.210.920.00.990.18-0.240.760.040.80.970.960.680.860.960.560.67
0.930.920.880.820.29-0.55-0.420.710.98-0.330.98-0.320.950.14-0.270.62-0.070.790.960.950.40.720.960.30.67
0.850.810.820.82-0.1-0.19-0.030.690.87-0.220.870.070.84-0.15-0.660.760.20.670.850.890.320.60.880.090.85
0.370.40.420.29-0.1-0.3-0.220.510.25-0.080.25-0.190.380.590.560.13-0.210.340.330.270.670.550.30.69-0.13
-0.31-0.32-0.28-0.55-0.19-0.30.97-0.28-0.360.51-0.360.94-0.38-0.080.010.030.44-0.26-0.36-0.37-0.21-0.27-0.36-0.13-0.17
-0.14-0.17-0.1-0.42-0.03-0.220.97-0.09-0.220.49-0.220.99-0.21-0.1-0.090.150.49-0.2-0.2-0.22-0.1-0.16-0.19-0.04-0.07
0.880.810.930.710.690.51-0.28-0.090.74-0.170.740.00.880.21-0.190.66-0.010.650.830.830.840.830.830.70.56
0.960.950.920.980.870.25-0.36-0.220.74-0.251.0-0.120.960.14-0.30.70.030.810.980.970.40.730.980.310.73
-0.23-0.35-0.21-0.33-0.22-0.080.510.49-0.17-0.25-0.250.44-0.26-0.080.0-0.26-0.02-0.15-0.27-0.33-0.1-0.2-0.27-0.15-0.43
0.960.950.920.980.870.25-0.36-0.220.741.0-0.25-0.120.970.15-0.30.70.030.810.980.970.410.740.980.310.73
-0.04-0.060.0-0.320.07-0.190.940.990.0-0.120.44-0.12-0.1-0.1-0.140.290.55-0.07-0.1-0.11-0.01-0.04-0.09-0.010.01
1.00.970.990.950.840.38-0.38-0.210.880.96-0.260.97-0.10.18-0.250.730.00.820.990.980.60.840.980.490.7
0.170.20.180.14-0.150.59-0.08-0.10.210.14-0.080.15-0.10.180.78-0.04-0.110.220.180.150.280.260.170.46-0.01
-0.26-0.19-0.24-0.27-0.660.560.01-0.09-0.19-0.30.0-0.3-0.14-0.250.78-0.39-0.19-0.15-0.25-0.30.06-0.1-0.30.36-0.45
0.760.810.760.620.760.130.030.150.660.7-0.260.70.290.73-0.04-0.390.530.730.750.750.470.670.710.210.61
0.040.080.04-0.070.2-0.210.440.49-0.010.03-0.020.030.550.0-0.11-0.190.530.00.020.02-0.18-0.110.05-0.350.04
0.810.840.80.790.670.34-0.26-0.20.650.81-0.150.81-0.070.820.22-0.150.730.00.840.810.590.860.760.330.52
0.990.980.970.960.850.33-0.36-0.20.830.98-0.270.98-0.10.990.18-0.250.750.020.840.990.550.820.980.440.73
0.980.970.960.950.890.27-0.37-0.220.830.97-0.330.97-0.110.980.15-0.30.750.020.810.990.540.80.980.420.8
0.610.560.680.40.320.67-0.21-0.10.840.4-0.10.41-0.010.60.280.060.47-0.180.590.550.540.860.490.830.26
0.840.810.860.720.60.55-0.27-0.160.830.73-0.20.74-0.040.840.26-0.10.67-0.110.860.820.80.860.760.670.49
0.980.950.960.960.880.3-0.36-0.190.830.98-0.270.98-0.090.980.17-0.30.710.050.760.980.980.490.760.390.75
0.490.440.560.30.090.69-0.13-0.040.70.31-0.150.31-0.010.490.460.360.21-0.350.330.440.420.830.670.390.16
0.70.730.670.670.85-0.13-0.17-0.070.560.73-0.430.730.010.7-0.01-0.450.610.040.520.730.80.260.490.750.16
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Sandstorm Gold Account Relationship Matchups

Sandstorm Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets623.2M649.9M620.9M2.0B1.9B2.0B
Total Current Liabilities3.9M3.4M7.3M19.0M16.2M17.0M
Total Stockholder Equity570.9M638.1M592.6M1.4B1.4B1.5B
Net Debt41.4M(110.9M)(13.6M)492.5M430.0M451.5M
Retained Earnings(2.9M)11.0M35.6M98.9M122.9M129.1M
Accounts Payable3.9M3.4M2.2M3.8M5.7M3.5M
Cash7.0M113.8M16.2M7.0M5.0M4.8M
Cash And Short Term Investments17.8M115.6M21.2M10.8M33.4M41.2M
Common Stock Shares Outstanding190.2M196.9M197.8M234.3M300.0M315.0M
Liabilities And Stockholders Equity623.2M649.9M620.9M2.0B1.9B2.0B
Non Current Liabilities Total48.4M8.3M20.9M514.3M461.3M484.3M
Other Stockholder Equity20.2M271.8M(137.6M)(2.8M)(7.3M)(6.9M)
Total Liab52.3M11.8M28.2M533.4M477.4M501.3M
Total Current Assets28.1M124.4M33.6M32.7M53.5M48.7M
Non Current Assets Total595.0M525.5M587.3M1.9B1.9B2.0B
Non Currrent Assets Other5.8M9.4M6.6M9.5M16.0M8.8M
Other Assets6.9M8.3M5.0M7.4M275.1K261.4K
Net Receivables7.6M8.0M11.8M21.4M16.0M16.8M
Other Current Assets2.8M737K677.0K531K5.0M5.2M
Accumulated Other Comprehensive Income(83.8M)(92.5M)(137.6M)(2.8M)(6.3M)(6.6M)
Property Plant And Equipment Net395.5M359.3M473.7M1.8B1.6B1.7B
Property Plant And Equipment Gross395.5M359.3M873.7M2.2B2.1B2.2B
Common Stock Total Equity693.9M684.7M657.6M719.7M827.7M549.9M
Common Stock657.6M719.7M694.7M1.3B1.3B667.9M
Property Plant Equipment398.7M359.3M473.7M1.8B2.0B2.2B
Other Liab196K5.5M18.3M14.8M17.0M17.9M
Net Tangible Assets570.9M638.1M592.6M1.4B1.6B1.7B
Long Term Investments184.8M156.8M107.0M151.3M286.4M300.7M
Short Long Term Debt Total48.4M2.9M2.6M499.5M435M456.8M
Short Term Investments10.8M1.9M5.0M3.8M28.3M29.7M
Net Invested Capital615.9M638.1M592.6M1.9B1.9B1.1B
Net Working Capital24.3M120.9M26.3M13.7M37.6M43.4M
Capital Stock657.6M719.7M694.7M1.3B1.3B987.7M

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.