Sandstorm Historical Cash Flow
| SSL Stock | CAD 8.11 0.15 1.88% |
Analysis of Sandstorm Gold cash flow over time is an excellent tool to project Sandstorm Gold future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Capital Expenditures of 19.9 M or Total Cash From Operating Activities of 160.4 M as it is a great indicator of Sandstorm Gold ability to facilitate future growth, repay debt on time or pay out dividends.
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.
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About Sandstorm Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Sandstorm balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Sandstorm's non-liquid assets can be easily converted into cash.
Sandstorm Gold Cash Flow Chart
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Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from Sandstorm Gold's cash flow statement are interrelated and interconnected. However, analyzing cash flow 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 cash flow 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. At this time, Sandstorm Gold's Change To Account Receivables is very stable compared to the past year. As of the 22nd of November 2024, Net Borrowings is likely to grow to about 532.2 M, while Change In Cash is likely to drop (2.1 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Stock Based Compensation | 6.0M | 6.1M | 7.6M | 4.3M | Depreciation | 32.9M | 60.2M | 63.4M | 66.6M |
Sandstorm Gold cash flow statement Correlations
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Sandstorm Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sandstorm Gold cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.1M | 106.8M | (97.6M) | (9.1M) | (2.0M) | (2.1M) | |
| Free Cash Flow | (3.9M) | 62.1M | (71.6M) | (513.9M) | 131.8M | 138.4M | |
| Change In Working Capital | (3.4M) | (2.7M) | (2.3M) | (2.9M) | 1.7M | 1.8M | |
| Begin Period Cash Flow | 5.9M | 7.0M | 113.8M | 16.2M | 7.0M | 6.7M | |
| Other Non Cash Items | 3.3M | 1.9M | 2.7M | (39.0M) | 41.8M | 43.9M | |
| Capital Expenditures | 61.3M | 3.5M | 152.7M | 620.8M | 20.9M | 19.9M | |
| Total Cash From Operating Activities | 57.3M | 65.6M | 81.1M | 106.9M | 152.8M | 160.4M | |
| Net Income | 16.4M | 13.8M | 27.6M | 78.5M | 42.7M | 44.8M | |
| Total Cash From Financing Activities | 8.7M | 7.7M | (34.2M) | 497.6M | (131.9M) | (125.3M) | |
| End Period Cash Flow | 7.0M | 113.8M | 16.2M | 7.0M | 5.0M | 4.8M | |
| Other Cashflows From Financing Activities | 102.9M | 117.2M | (47K) | 638.0M | 5.8M | 5.5M | |
| Depreciation | 31.4M | 39.3M | 32.9M | 60.2M | 63.4M | 66.6M | |
| Stock Based Compensation | 5.2M | 5.7M | 6.0M | 6.1M | 7.6M | 4.3M | |
| Change To Account Receivables | (2.6M) | (553K) | (4.2M) | (5.5M) | 1.5M | 1.6M | |
| Sale Purchase Of Stock | (46.6M) | (23.5M) | (34.2M) | (421K) | (16.0M) | (16.8M) | |
| Investments | (65.0M) | 33.7M | 8.8M | (612.7M) | (22.2M) | (23.3M) | |
| Total Cashflows From Investing Activities | (65.0M) | 33.7M | (143.9M) | (612.7M) | (551.4M) | (523.8M) | |
| Other Cashflows From Investing Activities | (3.7M) | 37.2M | 8.8M | 8.1M | 9.3M | 9.8M | |
| Change To Netincome | 4.5M | 19.9M | 19.3M | (29.9M) | (26.9M) | (25.5M) | |
| Change To Liabilities | (780K) | (2.2M) | 1.9M | 2.6M | 3.0M | 3.1M |
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
Moving against Sandstorm Stock
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.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. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.