Sandstorm Net Tangible Assets from 2010 to 2024

SAND Stock  USD 5.80  0.12  2.11%   
Sandstorm Gold's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Net Tangible Assets are expected to go to about 1.7 B this year. Net Tangible Assets is the total assets of Sandstorm Gold Ltd minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2013-12-31
Previous Quarter
1.4 B
Current Value
1.4 B
Quarterly Volatility
291.9 M
 
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 Gold's 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 indicators such as Price To Sales Ratio of 15.91, Dividend Yield of 0.0091 or PTB Ratio of 1.0. Sandstorm financial statements analysis is a perfect complement when working with Sandstorm Gold Valuation or Volatility modules.
  
Check out the analysis of Sandstorm Gold Correlation against competitors.

Latest Sandstorm Gold's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Sandstorm Gold Ltd over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Sandstorm Gold's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Sandstorm Net Tangible Assets Regression Statistics

Arithmetic Mean707,909,683
Geometric Mean605,723,446
Coefficient Of Variation66.09
Mean Deviation350,150,160
Median570,896,000
Standard Deviation467,863,616
Sample Variance218896.4T
Range1.3B
R-Value0.82
Mean Square Error76666.1T
R-Squared0.67
Significance0.0002
Slope85,937,888
Total Sum of Squares3064549.1T

Sandstorm Net Tangible Assets History

20241.7 B
20231.6 B
20221.4 B
2021592.6 M
2020638.1 M
2019570.9 M
2018583.4 M

About Sandstorm Gold Financial Statements

Sandstorm Gold stakeholders use historical fundamental indicators, such as Sandstorm Gold's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Sandstorm Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sandstorm Gold's assets and liabilities are reflected in the revenues and expenses on Sandstorm Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sandstorm Gold Ltd. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets1.6 B1.7 B

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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Metals & Mining space 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
3.365
Dividend Share
0.061
Earnings Share
0.12
Revenue Per Share
0.583
Quarterly Revenue Growth
0.082
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.