Sandstorm Historical Income Statement

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CAD 8.12 0.08 0.98%

Historical analysis of Sandstorm Gold income statement accounts such as EBIT of 90.7 M, Ebitda of 170.5 M, Total Operating Expenses of 10.6 M or Net Income of 43.8 M can show how well Sandstorm Gold Ltd performed in making a profits. Evaluating Sandstorm Gold income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sandstorm Gold's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Sandstorm Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sandstorm Gold is a good buy for the upcoming year.

Net Income Gross Profit

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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Sandstorm Income Statement Analysis

Sandstorm Gold Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sandstorm Gold shareholders. The income statement also shows Sandstorm investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Sandstorm Gold Income Statement Chart

At this time, Sandstorm Gold's Depreciation And Amortization is very stable compared to the past year. As of the 29th of November 2024, Income Before Tax is likely to grow to about 49.3 M, while Selling General Administrative is likely to drop about 7.3 M.

Selling General Administrative Other Operating Expenses Ebit Total Operating Expenses Net Income Total Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sandstorm Gold. It is also known as Sandstorm Gold overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Sandstorm Gold financial statement analysis. It represents the amount of money remaining after all of Sandstorm Gold Ltd operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts Sandstorm Gold generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from Sandstorm Gold's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	62.3M	65.6M	150.8M	158.3M
Total Revenue	114.9M	148.7M	179.6M	188.6M

Gross Profit Total Revenue

Sandstorm Gold income statement Correlations

	Interest Expense	Selling General Administrative	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Income Before Tax	Total Other Income Expense Net	Total Revenue	Gross Profit	Cost Of Revenue	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Interest Expense		0.44	0.11	0.96	0.91	0.94	0.26	0.5	0.08	0.87	0.47	-0.65	0.88	0.95	0.14	0.56	0.26	-0.2	-1.0	-0.39	0.84
Selling General Administrative	0.44		0.65	0.44	0.51	0.59	0.87	0.15	-0.01	0.61	0.13	-0.64	0.68	0.52	0.56	0.45	0.19	0.08	-0.45	-0.41	0.65
Other Operating Expenses	0.11	0.65		0.07	0.17	0.35	0.9	0.27	0.41	0.54	0.31	-0.19	0.52	0.18	0.99	0.69	0.47	0.11	-0.08	-0.52	0.3
Operating Income	0.96	0.44	0.07		0.98	0.96	0.28	0.53	0.18	0.82	0.51	-0.65	0.89	0.99	0.08	0.54	0.21	-0.08	-0.96	-0.48	0.79
Ebit	0.91	0.51	0.17	0.98		0.96	0.38	0.61	0.27	0.79	0.6	-0.59	0.91	0.98	0.17	0.57	0.18	0.09	-0.91	-0.51	0.8
Ebitda	0.94	0.59	0.35	0.96	0.96		0.5	0.58	0.29	0.93	0.58	-0.65	0.98	0.98	0.36	0.71	0.35	-0.04	-0.93	-0.59	0.83
Total Operating Expenses	0.26	0.87	0.9	0.28	0.38	0.5		0.23	0.32	0.6	0.26	-0.47	0.65	0.38	0.84	0.63	0.38	0.18	-0.24	-0.58	0.47
Net Income	0.5	0.15	0.27	0.53	0.61	0.58	0.23		0.56	0.48	0.99	0.17	0.59	0.54	0.3	0.71	0.0	-0.02	-0.49	-0.48	0.58
Income Tax Expense	0.08	-0.01	0.41	0.18	0.27	0.29	0.32	0.56		0.28	0.67	0.2	0.34	0.21	0.41	0.52	0.57	0.33	-0.06	-0.52	0.21
Depreciation And Amortization	0.87	0.61	0.54	0.82	0.79	0.93	0.6	0.48	0.28		0.49	-0.65	0.95	0.86	0.56	0.8	0.53	-0.19	-0.84	-0.62	0.78
Income Before Tax	0.47	0.13	0.31	0.51	0.6	0.58	0.26	0.99	0.67	0.49		0.18	0.59	0.53	0.34	0.72	0.1	0.04	-0.46	-0.52	0.56
Total Other Income Expense Net	-0.65	-0.64	-0.19	-0.65	-0.59	-0.65	-0.47	0.17	0.2	-0.65	0.18		-0.64	-0.68	-0.15	-0.23	-0.28	0.02	0.64	0.32	-0.51
Total Revenue	0.88	0.68	0.52	0.89	0.91	0.98	0.65	0.59	0.34	0.95	0.59	-0.64		0.93	0.52	0.78	0.4	-0.01	-0.86	-0.66	0.82
Gross Profit	0.95	0.52	0.18	0.99	0.98	0.98	0.38	0.54	0.21	0.86	0.53	-0.68	0.93		0.18	0.6	0.25	-0.05	-0.95	-0.54	0.81
Cost Of Revenue	0.14	0.56	0.99	0.08	0.17	0.36	0.84	0.3	0.41	0.56	0.34	-0.15	0.52	0.18		0.72	0.49	0.09	-0.1	-0.51	0.27
Net Income From Continuing Ops	0.56	0.45	0.69	0.54	0.57	0.71	0.63	0.71	0.52	0.8	0.72	-0.23	0.78	0.6	0.72		0.37	-0.12	-0.52	-0.7	0.61
Non Recurring	0.26	0.19	0.47	0.21	0.18	0.35	0.38	0.0	0.57	0.53	0.1	-0.28	0.4	0.25	0.49	0.37		-0.03	-0.25	-0.45	0.28
Tax Provision	-0.2	0.08	0.11	-0.08	0.09	-0.04	0.18	-0.02	0.33	-0.19	0.04	0.02	-0.01	-0.05	0.09	-0.12	-0.03		0.2	0.08	-0.14
Net Interest Income	-1.0	-0.45	-0.08	-0.96	-0.91	-0.93	-0.24	-0.49	-0.06	-0.84	-0.46	0.64	-0.86	-0.95	-0.1	-0.52	-0.25	0.2		0.37	-0.86
Interest Income	-0.39	-0.41	-0.52	-0.48	-0.51	-0.59	-0.58	-0.48	-0.52	-0.62	-0.52	0.32	-0.66	-0.54	-0.51	-0.7	-0.45	0.08	0.37		-0.42
Reconciled Depreciation	0.84	0.65	0.3	0.79	0.8	0.83	0.47	0.58	0.21	0.78	0.56	-0.51	0.82	0.81	0.27	0.61	0.28	-0.14	-0.86	-0.42

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Sandstorm Gold Account Relationship Matchups

Sandstorm Gold income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	3.5M	2.1M	2.1M	17.3M	39.5M	41.5M
Selling General Administrative	8.3M	8.3M	10.2M	13.4M	14.4M	7.3M
Other Operating Expenses	70.3M	61.0M	70.5M	104.0M	43.2M	47.4M
Operating Income	19.8M	31.8M	43.8M	41.9M	136.4M	143.3M
Ebit	16.5M	26.4M	47.0M	41.9M	86.4M	90.7M
Ebitda	56.3M	60.0M	83.2M	102.2M	162.4M	170.5M
Total Operating Expenses	14.2M	13.9M	18.0M	20.8M	14.4M	10.6M
Net Income	16.4M	13.8M	27.6M	78.4M	41.7M	43.8M
Income Tax Expense	6.6M	10.5M	17.2M	9.3M	4.2M	3.5M
Depreciation And Amortization	39.9M	33.6M	36.2M	60.2M	75.9M	79.7M
Income Before Tax	23.0M	24.3M	44.9M	87.8M	46.9M	49.3M
Total Other Income Expense Net	(34.0M)	(40.8M)	(35.2M)	(16.8M)	(89.5M)	(85.0M)
Total Revenue	89.4M	93.0M	114.9M	148.7M	179.6M	188.6M
Gross Profit	33.3M	45.9M	62.3M	65.6M	150.8M	158.3M
Cost Of Revenue	56.1M	47.2M	52.5M	83.1M	28.8M	44.7M
Net Income From Continuing Ops	16.4M	13.8M	27.6M	78.5M	42.7M	44.8M
Net Income Applicable To Common Shares	16.4M	13.8M	27.6M	78.4M	90.1M	94.6M
Tax Provision	6.6M	10.5M	17.2M	9.3M	4.2M	8.4M
Net Interest Income	(2.7M)	(1.8M)	(1.7M)	(16.5M)	(39.5M)	(37.5M)
Interest Income	756K	315K	481K	809K	728.1K	657.9K
Reconciled Depreciation	38.3M	33.6M	36.2M	60.2M	75.9M	47.9M

Pair Trading with Sandstorm Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sandstorm Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sandstorm Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sandstorm Stock

0.72

First Majestic Silver

Pair Corr

Moving against Sandstorm Stock

0.41

BRK

Berkshire Hathaway CDR

Pair Corr

The ability to find closely correlated positions to Sandstorm Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sandstorm Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sandstorm Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sandstorm Gold Ltd to buy it.

The correlation of Sandstorm Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sandstorm Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sandstorm Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Sandstorm Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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

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Is Sandstorm Stock a good investment?

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What is Sandstorm Gold's Net Worth?

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Largest Metals & Mining Companies

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Largest Materials Companies

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You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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

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Sandstorm Historical Income Statement

About Sandstorm Income Statement Analysis

Sandstorm Gold Income Statement Chart

Other Operating Expenses

Total Operating Expenses

Net Income

Total Revenue

Sandstorm Gold income statement Correlations

Sandstorm Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sandstorm Gold income statement Accounts

Pair Trading with Sandstorm Gold

Moving together with Sandstorm Stock

Moving against Sandstorm Stock

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Cost Of Revenue	+ 0.99	Other Operating Expenses
Gross Profit	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Net Income
Ebit	+ 0.98	Operating Income
Gross Profit	+ 0.98	Ebit
Total Revenue	+ 0.98	Ebitda

Net Interest Income	- 1.0	Interest Expense
Net Interest Income	- 0.96	Operating Income
Net Interest Income	- 0.95	Gross Profit
Net Interest Income	- 0.93	Ebitda
Net Interest Income	- 0.91	Ebit
Reconciled Depreciation	- 0.86	Net Interest Income