Sandstorm Average Payables vs Capex To Depreciation Analysis

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CAD 7.94 0.04 0.51%

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 Average Payables and its Capex To Depreciation 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.

Average Payables vs Capex To Depreciation

Average Payables vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandstorm Gold Average Payables account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Sandstorm Gold's Average Payables and Capex To Depreciation is -0.15. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Capex To Depreciation 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 Average Payables and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Sandstorm Gold Ltd are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Average Payables i.e., Sandstorm Gold's Average Payables and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.15

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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 this time, Sandstorm Gold's Tax Provision is very stable compared to the past year. As of the 26th of May 2024, Enterprise Value Over EBITDA is likely to grow to 13.82, while Selling General Administrative is likely to drop about 7.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	62.3M	65.6M	82.6M	86.8M
Total Revenue	114.9M	148.7M	179.6M	188.6M

Gross Profit Total Revenue

Sandstorm Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Other Current Assets	Other Current Liab	Property Plant And Equipment Net	Property Plant And Equipment Gross	Other Assets	Common Stock Total Equity	Common Stock	Other Liab	Net Tangible Assets	Deferred Long Term Liab
Total Assets		0.97	0.99	0.93	0.85	0.34	-0.31	-0.29	0.84	0.96	-0.2	0.96	-0.03	1.0	0.51	0.6	0.57	0.98	0.99	0.98	-0.19	0.64	0.98	0.7	0.98	0.21
Total Current Liabilities	0.97		0.95	0.92	0.81	0.41	-0.32	-0.31	0.76	0.95	-0.18	0.95	-0.06	0.97	0.48	0.67	0.51	0.94	0.98	0.97	-0.15	0.58	0.92	0.73	0.93	0.18
Total Stockholder Equity	0.99	0.95		0.88	0.82	0.4	-0.28	-0.25	0.89	0.92	-0.27	0.92	0.01	0.99	0.51	0.61	0.59	0.96	0.97	0.96	-0.17	0.71	0.98	0.67	0.97	0.25
Net Debt	0.93	0.92	0.88		0.82	0.24	-0.55	-0.55	0.66	0.98	-0.03	0.98	-0.32	0.95	0.46	0.46	0.46	0.93	0.96	0.95	-0.24	0.48	0.9	0.68	0.93	0.17
Retained Earnings	0.85	0.81	0.82	0.82		-0.01	-0.19	-0.19	0.66	0.87	-0.07	0.87	0.07	0.84	0.23	0.6	0.39	0.87	0.85	0.89	-0.56	0.39	0.84	0.85	0.9	-0.14
Accounts Payable	0.34	0.41	0.4	0.24	-0.01		-0.36	-0.31	0.58	0.19	-0.6	0.19	-0.24	0.36	0.43	0.22	0.31	0.31	0.31	0.32	0.35	0.73	0.4	0.19	0.26	0.57
Cash	-0.31	-0.32	-0.28	-0.55	-0.19	-0.36		0.99	-0.27	-0.36	0.07	-0.36	0.94	-0.38	-0.13	0.1	-0.1	-0.34	-0.36	-0.37	0.14	-0.33	-0.38	-0.17	-0.36	-0.39
Cash And Short Term Investments	-0.29	-0.31	-0.25	-0.55	-0.19	-0.31	0.99		-0.21	-0.37	0.02	-0.37	0.96	-0.35	-0.15	0.12	-0.05	-0.33	-0.35	-0.36	0.11	-0.26	-0.35	-0.19	-0.34	-0.32
Common Stock Shares Outstanding	0.84	0.76	0.89	0.66	0.66	0.58	-0.27	-0.21		0.68	-0.47	0.69	0.02	0.84	0.53	0.46	0.67	0.83	0.78	0.78	-0.13	0.84	0.9	0.53	0.83	0.44
Non Current Liabilities Total	0.96	0.95	0.92	0.98	0.87	0.19	-0.36	-0.37	0.68		-0.03	1.0	-0.12	0.96	0.48	0.54	0.49	0.95	0.98	0.97	-0.23	0.46	0.92	0.73	0.95	0.09
Other Stockholder Equity	-0.2	-0.18	-0.27	-0.03	-0.07	-0.6	0.07	0.02	-0.47	-0.03		-0.03	-0.03	-0.19	-0.11	-0.3	-0.1	-0.1	-0.15	-0.17	0.0	-0.7	-0.29	-0.13	-0.15	-0.29
Total Liab	0.96	0.95	0.92	0.98	0.87	0.19	-0.36	-0.37	0.69	1.0	-0.03		-0.12	0.97	0.49	0.54	0.49	0.95	0.98	0.97	-0.23	0.46	0.92	0.73	0.96	0.1
Total Current Assets	-0.03	-0.06	0.01	-0.32	0.07	-0.24	0.94	0.96	0.02	-0.12	-0.03	-0.12		-0.1	-0.02	0.32	0.15	-0.06	-0.1	-0.11	0.01	-0.11	-0.1	0.02	-0.08	-0.29
Non Current Assets Total	1.0	0.97	0.99	0.95	0.84	0.36	-0.38	-0.35	0.84	0.96	-0.19	0.97	-0.1		0.51	0.58	0.56	0.98	0.99	0.98	-0.19	0.65	0.98	0.7	0.98	0.22
Non Currrent Assets Other	0.51	0.48	0.51	0.46	0.23	0.43	-0.13	-0.15	0.53	0.48	-0.11	0.49	-0.02	0.51		-0.01	0.71	0.56	0.5	0.48	0.59	0.31	0.52	0.28	0.48	0.44
Net Receivables	0.6	0.67	0.61	0.46	0.6	0.22	0.1	0.12	0.46	0.54	-0.3	0.54	0.32	0.58	-0.01		0.17	0.55	0.6	0.6	-0.35	0.45	0.51	0.48	0.52	-0.16
Other Current Assets	0.57	0.51	0.59	0.46	0.39	0.31	-0.1	-0.05	0.67	0.49	-0.1	0.49	0.15	0.56	0.71	0.17		0.61	0.51	0.48	0.14	0.34	0.6	0.19	0.58	0.6
Other Current Liab	0.98	0.94	0.96	0.93	0.87	0.31	-0.34	-0.33	0.83	0.95	-0.1	0.95	-0.06	0.98	0.56	0.55	0.61		0.97	0.96	-0.19	0.57	0.96	0.71	0.98	0.23
Property Plant And Equipment Net	0.99	0.98	0.97	0.96	0.85	0.31	-0.36	-0.35	0.78	0.98	-0.15	0.98	-0.1	0.99	0.5	0.6	0.51	0.97		0.99	-0.19	0.59	0.96	0.73	0.97	0.14
Property Plant And Equipment Gross	0.98	0.97	0.96	0.95	0.89	0.32	-0.37	-0.36	0.78	0.97	-0.17	0.97	-0.11	0.98	0.48	0.6	0.48	0.96	0.99		-0.24	0.58	0.96	0.8	0.97	0.1
Other Assets	-0.19	-0.15	-0.17	-0.24	-0.56	0.35	0.14	0.11	-0.13	-0.23	0.0	-0.23	0.01	-0.19	0.59	-0.35	0.14	-0.19	-0.19	-0.24		-0.05	-0.22	-0.34	-0.29	0.39
Common Stock Total Equity	0.64	0.58	0.71	0.48	0.39	0.73	-0.33	-0.26	0.84	0.46	-0.7	0.46	-0.11	0.65	0.31	0.45	0.34	0.57	0.59	0.58	-0.05		0.72	0.32	0.6	0.4
Common Stock	0.98	0.92	0.98	0.9	0.84	0.4	-0.38	-0.35	0.9	0.92	-0.29	0.92	-0.1	0.98	0.52	0.51	0.6	0.96	0.96	0.96	-0.22	0.72		0.69	0.98	0.28
Other Liab	0.7	0.73	0.67	0.68	0.85	0.19	-0.17	-0.19	0.53	0.73	-0.13	0.73	0.02	0.7	0.28	0.48	0.19	0.71	0.73	0.8	-0.34	0.32	0.69		0.73	-0.28
Net Tangible Assets	0.98	0.93	0.97	0.93	0.9	0.26	-0.36	-0.34	0.83	0.95	-0.15	0.96	-0.08	0.98	0.48	0.52	0.58	0.98	0.97	0.97	-0.29	0.6	0.98	0.73		0.18
Deferred Long Term Liab	0.21	0.18	0.25	0.17	-0.14	0.57	-0.39	-0.32	0.44	0.09	-0.29	0.1	-0.29	0.22	0.44	-0.16	0.6	0.23	0.14	0.1	0.39	0.4	0.28	-0.28	0.18

Click cells to compare fundamentals

Sandstorm Gold Account Relationship Matchups

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	7.3M	3.8M	5.7M	4.1M
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	12.4M	11.8M
Common Stock Shares Outstanding	191.0M	190.2M	196.9M	197.8M	297.7M	312.5M
Liabilities And Stockholders Equity	623.2M	649.9M	620.9M	2.0B	2.3B	2.4B
Non Current Liabilities Total	48.4M	8.3M	20.9M	514.3M	461.3M	484.3M
Other Stockholder Equity	(83.8M)	(92.5M)	(137.6M)	(27.5M)	(24.7M)	(23.5M)
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	53.8M	49.2M
Non Current Assets Total	595.0M	525.5M	587.3M	1.9B	1.9B	2.0B
Non Currrent Assets Other	10.4M	9.4M	6.6M	9.5M	29.2M	30.7M
Net Receivables	7.6M	8.0M	12.1M	21.4M	15.2M	7.9M
Other Current Assets	2.8M	737K	293K	531K	4.3M	4.5M
Accumulated Other Comprehensive Income	(83.8M)	(92.5M)	(137.6M)	(2.8M)	(2.6M)	(2.7M)
Property Plant And Equipment Net	395.5M	359.3M	473.7M	1.8B	1.6B	1.6B
Property Plant And Equipment Gross	395.5M	359.3M	873.7M	2.2B	2.1B	2.2B
Other Assets	6.9M	8.3M	5.0M	7.4M	6.7M	6.3M
Common Stock Total Equity	693.9M	684.7M	657.6M	719.7M	827.7M	604.0M
Common Stock	657.6M	719.7M	694.7M	1.3B	1.5B	1.6B
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
Property Plant Equipment	398.7M	359.3M	473.7M	1.8B	2.0B	2.2B
Long Term Debt Total	48.4M	2.9M	2.6M	499.5M	574.5M	603.2M
Cash And Equivalents	7.0M	113.8M	16.2M	7.0M	8.1M	7.7M
Short Term Investments	10.8M	1.9M	5.0M	3.8M	9.8M	7.2M
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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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:

How To Invest In Sandstorm

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Is Sandstorm Stock a good investment?

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What is Sandstorm Gold's Net Worth?

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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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Sandstorm Gold's price analysis, check to measure Sandstorm Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sandstorm Gold is operating at the current time. Most of Sandstorm Gold's value examination focuses on studying past and present price action to predict the probability of Sandstorm Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandstorm Gold's price. Additionally, you may evaluate how the addition of Sandstorm Gold to your portfolios can decrease your overall portfolio volatility.

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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.

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Sandstorm Average Payables vs Capex To Depreciation Analysis

Average Payables vs Capex To Depreciation

Average Payables vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Average Payables

Capex To Depreciation

Sandstorm Gold fundamental ratios Correlations

Sandstorm Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sandstorm Gold fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.99	Cash

Common Stock Total Equity	- 0.7	Other Stockholder Equity
Other Stockholder Equity	- 0.6	Accounts Payable
Other Assets	- 0.56	Retained Earnings
Cash And Short Term Investments	- 0.55	Net Debt
Cash	- 0.55	Net Debt
Other Stockholder Equity	- 0.47	Common Stock Shares Outstanding