Sandstorm Current Ratio from 2010 to 2024

SAND Stock  USD 5.71  0.15  2.56%   
Sandstorm Gold's Current Ratio is decreasing over the years with slightly volatile fluctuation. Current Ratio is expected to dwindle to 3.16. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
3.32106477
Current Value
3.16
Quarterly Volatility
11.68625121
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sandstorm Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sandstorm main balance sheet or income statement drivers, such as Interest Expense of 41.5 M, Other Operating Expenses of 126.7 M or Operating Income of 65.3 M, as well as many exotic indicators such as Price To Sales Ratio of 15.9, Dividend Yield of 0.0092 or PTB Ratio of 1.0. Sandstorm financial statements analysis is a perfect complement when working with Sandstorm Gold Valuation or Volatility modules.
  
This module can also supplement Sandstorm Gold's financial leverage analysis and stock options assessment as well as various Sandstorm Gold Technical models . Check out the analysis of Sandstorm Gold Correlation against competitors.

Latest Sandstorm Gold's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Sandstorm Gold Ltd over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Sandstorm Gold's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sandstorm Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.49 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Sandstorm Current Ratio Regression Statistics

Arithmetic Mean12.34
Geometric Mean7.71
Coefficient Of Variation94.69
Mean Deviation9.79
Median6.55
Standard Deviation11.69
Sample Variance136.57
Range34.98
R-Value(0.43)
Mean Square Error119.50
R-Squared0.19
Significance0.11
Slope(1.13)
Total Sum of Squares1,912

Sandstorm Current Ratio History

2024 3.16
2023 3.32
2022 1.72
2021 4.57
2020 36.22
2019 7.28
2018 5.36

About Sandstorm Gold Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sandstorm Gold income statement, its balance sheet, and the statement of cash flows. Sandstorm Gold investors use historical funamental indicators, such as Sandstorm Gold's Current Ratio, to determine how well the company is positioned to perform in the future. Although Sandstorm Gold investors may use each financial statement separately, they are all related. The changes in Sandstorm Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sandstorm Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sandstorm Gold Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sandstorm Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 3.32  3.16 

Also Currently Popular

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 the analysis of Sandstorm Gold Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Sandstorm Stock analysis

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.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Global Correlations
Find global opportunities by holding instruments from different markets
Transaction History
View history of all your transactions and understand their impact on performance
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Equity Valuation
Check real value of public entities based on technical and fundamental data
Money Managers
Screen money managers from public funds and ETFs managed around the world
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
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.