Sandstorm Gold Ltd Stock Current Asset
SAND Stock | USD 5.80 0.12 2.11% |
Sandstorm Gold Ltd fundamentals help investors to digest information that contributes to Sandstorm Gold's financial success or failures. It also enables traders to predict the movement of Sandstorm Stock. The fundamental analysis module provides a way to measure Sandstorm Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sandstorm Gold stock.
At present, Sandstorm Gold's Other Current Assets are projected to decrease significantly based on the last few years of reporting. Sandstorm | Current Asset |
Sandstorm Gold Ltd Company Current Asset Analysis
Sandstorm Gold's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Sandstorm Gold Current Asset | 9.22 M |
Most of Sandstorm Gold's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sandstorm Gold Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sandstorm Current Asset Historical Pattern
Today, most investors in Sandstorm Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sandstorm Gold's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sandstorm Gold current asset as a starting point in their analysis.
Sandstorm Gold Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Sandstorm Total Assets
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In accordance with the recently published financial statements, Sandstorm Gold Ltd has a Current Asset of 9.22 M. This is 99.83% lower than that of the Metals & Mining sector and 98.29% lower than that of the Materials industry. The current asset for all United States stocks is 99.9% higher than that of the company.
Sandstorm Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sandstorm Gold's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sandstorm Gold could also be used in its relative valuation, which is a method of valuing Sandstorm Gold by comparing valuation metrics of similar companies.Sandstorm Gold is currently under evaluation in current asset category among its peers.
Sandstorm Gold Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sandstorm Gold from analyzing Sandstorm Gold's financial statements. These drivers represent accounts that assess Sandstorm Gold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sandstorm Gold's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 1.3B | 1.3B | 1.2B | 1.2B | 1.5B | 1.6B | |
Enterprise Value | 1.4B | 1.2B | 1.2B | 1.7B | 1.9B | 2.0B |
Sandstorm Gold ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sandstorm Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sandstorm Gold's managers, analysts, and investors.Environmental | Governance | Social |
Sandstorm Fundamentals
Return On Equity | 0.0256 | ||||
Return On Asset | 0.021 | ||||
Profit Margin | 0.20 % | ||||
Operating Margin | 0.44 % | ||||
Current Valuation | 2.06 B | ||||
Shares Outstanding | 296.84 M | ||||
Shares Owned By Insiders | 1.20 % | ||||
Shares Owned By Institutions | 56.15 % | ||||
Number Of Shares Shorted | 2.93 M | ||||
Price To Earning | 34.67 X | ||||
Price To Book | 1.18 X | ||||
Price To Sales | 9.76 X | ||||
Revenue | 179.64 M | ||||
Gross Profit | 117.93 M | ||||
EBITDA | 167.51 M | ||||
Net Income | 42.48 M | ||||
Cash And Equivalents | 23.82 M | ||||
Cash Per Share | 0.12 X | ||||
Total Debt | 435 M | ||||
Debt To Equity | 0 % | ||||
Current Ratio | 2.49 X | ||||
Book Value Per Share | 4.83 X | ||||
Cash Flow From Operations | 119.18 M | ||||
Short Ratio | 1.01 X | ||||
Earnings Per Share | 0.12 X | ||||
Target Price | 8.2 | ||||
Beta | 1.15 | ||||
Market Capitalization | 1.69 B | ||||
Total Asset | 1.93 B | ||||
Retained Earnings | 122.92 M | ||||
Working Capital | 37.59 M | ||||
Current Asset | 9.22 M | ||||
Current Liabilities | 3.63 M | ||||
Annual Yield | 0.01 % | ||||
Net Asset | 1.93 B | ||||
Last Dividend Paid | 0.061 |
About Sandstorm Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sandstorm Gold Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sandstorm Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sandstorm Gold Ltd based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Sandstorm Gold Piotroski F Score and Sandstorm Gold Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.