Sandstorm Non Current Liabilities Total vs Property Plant Equipment Analysis
SAND Stock | USD 5.83 0.14 2.46% |
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 Non Current Liabilities Total 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Non Current Liabilities Total vs Property Plant Equipment
Non Current Liabilities Total 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 Non Current Liabilities Total account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sandstorm Gold's Non Current Liabilities Total and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total 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 Non Current Liabilities Total i.e., Sandstorm Gold's Non Current Liabilities Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Liabilities Total
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 tightly coupled 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 14.61, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2023 | 2024 (projected) | Total Revenue | 182.9M | 192.1M | 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 | 16.1M | 16.9M | |
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 | 446.2M | 468.6M | |
Retained Earnings | (2.9M) | 11.0M | 35.6M | 98.9M | 122.3M | 128.4M | |
Accounts Payable | 3.9M | 3.4M | 7.3M | 3.8M | 4.4M | 3.8M | |
Cash | 7.0M | 113.8M | 16.2M | 7.0M | 5.0M | 4.7M | |
Cash And Short Term Investments | 17.8M | 115.6M | 21.2M | 10.8M | 33.2M | 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 | 458.9M | 481.8M | |
Other Stockholder Equity | 20.2M | 271.8M | (137.6M) | (2.8M) | 1.0 | 0.95 | |
Total Liab | 52.3M | 11.8M | 28.2M | 533.4M | 475.0M | 498.8M | |
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 | 6.4M | 8.2M | |
Other Assets | 6.9M | 8.3M | 5.0M | 7.4M | 1.0 | 0.95 | |
Net Receivables | 7.6M | 8.0M | 12.1M | 21.4M | 16.0M | 16.8M | |
Other Current Assets | 2.8M | 737K | 293K | 531K | 4.3M | 4.5M | |
Accumulated Other Comprehensive Income | (83.8M) | (92.5M) | (137.6M) | (2.8M) | (6.2M) | (6.5M) | |
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 | 667.4M | |
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 | 451.2M | 473.8M | |
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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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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Is Sandstorm Gold's industry 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 (0.97) | Dividend Share 0.061 | Earnings Share 0.08 | Revenue Per Share 0.601 | Quarterly Revenue Growth (0.03) |
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.