Smart Net Borrowings from 2010 to 2024

SND Stock  USD 2.32  0.03  1.31%   
Smart Sand's Net Borrowings is decreasing over the years with slightly volatile fluctuation. Overall, Net Borrowings is projected to go to about -6.4 M this year. Net Borrowings is the difference between the amount of new debt Smart Sand has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2014-12-31
Previous Quarter
5.5 M
Current Value
-12.9 M
Quarterly Volatility
17 M
 
Yuan Drop
 
Covid
Check Smart Sand financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smart Sand's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.4 M, Interest Expense of 1.2 M or Selling General Administrative of 24.1 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0 or PTB Ratio of 0.33. Smart financial statements analysis is a perfect complement when working with Smart Sand Valuation or Volatility modules.
  
Check out the analysis of Smart Sand Correlation against competitors.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.

Latest Smart Sand's Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Smart Sand over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Smart Sand's Net Borrowings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smart Sand's overall financial position and show how it may be relating to other accounts over time.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

Smart Net Borrowings Regression Statistics

Arithmetic Mean11,332,003
Geometric Mean14,415,303
Coefficient Of Variation301.86
Mean Deviation28,805,731
Median(635,000)
Standard Deviation34,206,981
Sample Variance1170.1T
Range114.1M
R-Value(0.61)
Mean Square Error797.3T
R-Squared0.37
Significance0.02
Slope(4,635,635)
Total Sum of Squares16381.6T

Smart Net Borrowings History

2024-6.4 M
2023-6.7 M
2022-7.4 M
2021-6.8 M
2020-6.5 M
2019-16 M
201843.5 M

About Smart Sand Financial Statements

Smart Sand stakeholders use historical fundamental indicators, such as Smart Sand's Net Borrowings, to determine how well the company is positioned to perform in the future. Although Smart Sand investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smart Sand's assets and liabilities are reflected in the revenues and expenses on Smart Sand'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 Smart Sand. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Borrowings-6.7 M-6.4 M

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 Smart Sand is a strong investment it is important to analyze Smart Sand'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 Smart Sand's future performance. For an informed investment choice regarding Smart Stock, refer to the following important reports:
Check out the analysis of Smart Sand Correlation against competitors.
For information on how to trade Smart Stock refer to our How to Trade Smart Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Oil & Gas Equipment & Services 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 Smart Sand. If investors know Smart 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 Smart Sand 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
1.931
Earnings Share
(0.14)
Revenue Per Share
7.688
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0022
The market value of Smart Sand is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Sand's value that differs from its market value or its book value, called intrinsic value, which is Smart Sand'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 Smart Sand's market value can be influenced by many factors that don't directly affect Smart Sand'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 Smart Sand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Sand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Sand'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.