Sandstorm Retained Earnings vs Property Plant And Equipment Net 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 Retained Earnings and its Property Plant And Equipment Net 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 various price indices.
Retained Earnings vs Property Plant And Equipment Net
Retained Earnings vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandstorm Gold Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sandstorm Gold's Retained Earnings and Property Plant And Equipment Net is 0.85. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net 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 Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Sandstorm Gold Ltd are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Sandstorm Gold's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 various price indices. 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 |
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 | 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: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 various price indices. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..