Sandstorm Retained Earnings vs Short Term Debt Analysis

SAND Stock

USD 5.86 0.06 1.03%

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 Short Term Debt 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.

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt 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 Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sandstorm Gold's Retained Earnings and Short Term Debt is -0.42. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt 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 Short Term Debt 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 Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Sandstorm Gold's Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Short Term Debt

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

Total Revenue Research Development

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	Other Assets	Net Receivables	Other Current Assets	Other Current Liab	Property Plant And Equipment Net	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Property Plant Equipment	Inventory	Other Liab
Total Assets		0.97	0.99	0.93	0.85	0.25	-0.31	-0.14	0.88	0.96	-0.21	0.96	-0.04	1.0	0.03	-0.27	0.76	0.0	0.66	0.99	0.98	0.61	0.84	0.98	0.53	0.7
Total Current Liabilities	0.97		0.95	0.92	0.81	0.33	-0.32	-0.18	0.81	0.95	-0.33	0.95	-0.06	0.97	0.08	-0.2	0.81	0.05	0.71	0.98	0.97	0.56	0.81	0.95	0.49	0.73
Total Stockholder Equity	0.99	0.95		0.88	0.82	0.32	-0.28	-0.1	0.93	0.92	-0.19	0.92	0.0	0.99	0.05	-0.24	0.76	0.0	0.66	0.97	0.96	0.69	0.86	0.96	0.6	0.67
Net Debt	0.93	0.92	0.88		0.82	0.15	-0.55	-0.41	0.72	0.98	-0.3	0.98	-0.32	0.95	0.01	-0.28	0.62	-0.1	0.61	0.96	0.95	0.4	0.71	0.96	0.34	0.68
Retained Earnings	0.85	0.81	0.82	0.82		-0.11	-0.19	-0.03	0.69	0.87	-0.2	0.87	0.07	0.84	-0.3	-0.66	0.76	0.16	0.45	0.85	0.89	0.32	0.6	0.88	0.14	0.85
Accounts Payable	0.25	0.33	0.32	0.15	-0.11		-0.33	-0.29	0.49	0.09	-0.39	0.1	-0.25	0.27	0.46	0.46	0.16	-0.3	0.31	0.22	0.23	0.72	0.48	0.17	0.73	0.11
Cash	-0.31	-0.32	-0.28	-0.55	-0.19	-0.33		0.97	-0.28	-0.36	0.51	-0.36	0.94	-0.38	-0.03	0.01	0.02	0.46	-0.23	-0.36	-0.37	-0.21	-0.27	-0.36	-0.15	-0.17
Cash And Short Term Investments	-0.14	-0.18	-0.1	-0.41	-0.03	-0.29	0.97		-0.09	-0.22	0.49	-0.22	0.99	-0.21	-0.08	-0.09	0.15	0.5	-0.22	-0.21	-0.22	-0.1	-0.16	-0.19	-0.05	-0.07
Common Stock Shares Outstanding	0.88	0.81	0.93	0.72	0.69	0.49	-0.28	-0.09		0.74	-0.15	0.74	0.0	0.88	0.08	-0.19	0.66	-0.04	0.54	0.83	0.83	0.84	0.83	0.83	0.73	0.56
Non Current Liabilities Total	0.96	0.95	0.92	0.98	0.87	0.09	-0.36	-0.22	0.74		-0.23	1.0	-0.12	0.96	0.0	-0.3	0.7	-0.01	0.63	0.98	0.97	0.4	0.73	0.98	0.35	0.73
Other Stockholder Equity	-0.21	-0.33	-0.19	-0.3	-0.2	-0.39	0.51	0.49	-0.15	-0.23		-0.23	0.44	-0.23	-0.05	-0.01	-0.25	0.01	-0.12	-0.25	-0.31	-0.09	-0.18	-0.24	-0.15	-0.41
Total Liab	0.96	0.95	0.92	0.98	0.87	0.1	-0.36	-0.22	0.74	1.0	-0.23		-0.12	0.97	0.01	-0.3	0.7	-0.01	0.63	0.98	0.97	0.41	0.74	0.98	0.36	0.73
Total Current Assets	-0.04	-0.06	0.0	-0.32	0.07	-0.25	0.94	0.99	0.0	-0.12	0.44	-0.12		-0.1	-0.1	-0.14	0.29	0.56	-0.1	-0.1	-0.11	-0.01	-0.04	-0.09	-0.01	0.01
Non Current Assets Total	1.0	0.97	0.99	0.95	0.84	0.27	-0.38	-0.21	0.88	0.96	-0.23	0.97	-0.1		0.04	-0.26	0.73	-0.04	0.67	0.99	0.98	0.61	0.84	0.98	0.53	0.7
Non Currrent Assets Other	0.03	0.08	0.05	0.01	-0.3	0.46	-0.03	-0.08	0.08	0.0	-0.05	0.01	-0.1	0.04		0.86	-0.13	-0.14	0.23	0.05	0.01	0.19	0.11	0.01	0.42	-0.13
Other Assets	-0.27	-0.2	-0.24	-0.28	-0.66	0.46	0.01	-0.09	-0.19	-0.3	-0.01	-0.3	-0.14	-0.26	0.86		-0.39	-0.17	0.01	-0.26	-0.31	0.05	-0.1	-0.3	0.33	-0.46
Net Receivables	0.76	0.81	0.76	0.62	0.76	0.16	0.02	0.15	0.66	0.7	-0.25	0.7	0.29	0.73	-0.13	-0.39		0.5	0.64	0.74	0.75	0.47	0.67	0.7	0.24	0.61
Other Current Assets	0.0	0.05	0.0	-0.1	0.16	-0.3	0.46	0.5	-0.04	-0.01	0.01	-0.01	0.56	-0.04	-0.14	-0.17	0.5		-0.1	-0.02	-0.02	-0.2	-0.13	0.01	-0.36	-0.01
Other Current Liab	0.66	0.71	0.66	0.61	0.45	0.31	-0.23	-0.22	0.54	0.63	-0.12	0.63	-0.1	0.67	0.23	0.01	0.64	-0.1		0.69	0.65	0.58	0.76	0.56	0.42	0.34
Property Plant And Equipment Net	0.99	0.98	0.97	0.96	0.85	0.22	-0.36	-0.21	0.83	0.98	-0.25	0.98	-0.1	0.99	0.05	-0.26	0.74	-0.02	0.69		0.99	0.55	0.82	0.98	0.48	0.73
Property Plant And Equipment Gross	0.98	0.97	0.96	0.95	0.89	0.23	-0.37	-0.22	0.83	0.97	-0.31	0.97	-0.11	0.98	0.01	-0.31	0.75	-0.02	0.65	0.99		0.54	0.8	0.98	0.46	0.8
Common Stock Total Equity	0.61	0.56	0.69	0.4	0.32	0.72	-0.21	-0.1	0.84	0.4	-0.09	0.41	-0.01	0.61	0.19	0.05	0.47	-0.2	0.58	0.55	0.54		0.86	0.49	0.84	0.26
Common Stock	0.84	0.81	0.86	0.71	0.6	0.48	-0.27	-0.16	0.83	0.73	-0.18	0.74	-0.04	0.84	0.11	-0.1	0.67	-0.13	0.76	0.82	0.8	0.86		0.76	0.7	0.49
Property Plant Equipment	0.98	0.95	0.96	0.96	0.88	0.17	-0.36	-0.19	0.83	0.98	-0.24	0.98	-0.09	0.98	0.01	-0.3	0.7	0.01	0.56	0.98	0.98	0.49	0.76		0.43	0.75
Inventory	0.53	0.49	0.6	0.34	0.14	0.73	-0.15	-0.05	0.73	0.35	-0.15	0.36	-0.01	0.53	0.42	0.33	0.24	-0.36	0.42	0.48	0.46	0.84	0.7	0.43		0.2
Other Liab	0.7	0.73	0.67	0.68	0.85	0.11	-0.17	-0.07	0.56	0.73	-0.41	0.73	0.01	0.7	-0.13	-0.46	0.61	-0.01	0.34	0.73	0.8	0.26	0.49	0.75	0.2

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	16.1M	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

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.

DD	Dupont De Nemours
GM	General Motors
BAC	Bank of America

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

Details

Is Sandstorm Stock a good investment?

Details

What is Sandstorm Gold's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.

	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Technical Analysis Check basic technical indicators and analysis based on most latest market data

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Sandstorm Retained Earnings vs Short Term Debt Analysis

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Term Debt

Sandstorm Gold fundamental ratios Correlations

Sandstorm Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sandstorm Gold fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Sandstorm Stock analysis

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
Total Current Assets	+ 0.99	Cash And Short Term Investments

Other Assets	- 0.66	Retained Earnings
Cash	- 0.55	Net Debt
Other Liab	- 0.46	Other Assets
Other Liab	- 0.41	Other Stockholder Equity
Cash And Short Term Investments	- 0.41	Net Debt
Net Receivables	- 0.39	Other Assets