Sandstorm Net Debt vs Accounts Payable Analysis

SSL Stock

CAD 7.47 0.13 1.77%

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 Net Debt and its Accounts Payable 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.

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandstorm Gold Net Debt account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.

The correlation between Sandstorm Gold's Net Debt and Accounts Payable is 0.24. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accounts Payable 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 Net Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Sandstorm Gold Ltd are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Debt i.e., Sandstorm Gold's Net Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents Sandstorm Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Sandstorm Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 this time, Sandstorm Gold's Tax Provision is very stable compared to the past year. As of the 17th of June 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

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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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Additional Information and Resources on Investing in Sandstorm Stock

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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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 Net Debt vs Accounts Payable Analysis

Net Debt vs Accounts Payable

Net Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Debt

Accounts Payable

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!

Additional Information and Resources on Investing in Sandstorm Stock

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