
Sandstorm Gold (SAND) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
50.1M
Gross Profit
29.1M
58.05%
Operating Income
24.0M
47.84%
Net Income
11.3M
22.48%
EPS (Diluted)
$0.04
Balance Sheet Metrics
Total Assets
1.8B
Total Liabilities
391.8M
Shareholders Equity
1.4B
Debt to Equity
0.27
Cash Flow Metrics
Operating Cash Flow
37.0M
Free Cash Flow
40.5M
Revenue & Profitability Trend
Sandstorm Gold Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 176.3M | 179.6M | 148.7M | 114.9M | 93.0M |
Cost of Goods Sold | 80.3M | 97.0M | 83.1M | 52.5M | 47.2M |
Gross Profit | 96.0M | 82.6M | 65.6M | 62.3M | 45.9M |
Gross Margin % | 54.4% | 46.0% | 44.1% | 54.2% | 49.3% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 15.7M | 14.4M | 13.4M | 10.2M | 8.3M |
Other Operating Expenses | 7.1M | 7.2M | 7.4M | 7.8M | 5.5M |
Total Operating Expenses | 22.8M | 21.5M | 20.8M | 18.0M | 13.9M |
Operating Income | 71.0M | 61.1M | 44.8M | 44.3M | 32.0M |
Operating Margin % | 40.3% | 34.0% | 30.1% | 38.6% | 34.4% |
Non-Operating Items | |||||
Interest Income | - | - | 809.0K | 481.0K | 315.0K |
Interest Expense | 35.0M | 39.5M | 17.3M | 2.1M | 2.1M |
Other Non-Operating Income | -6.5M | 25.3M | 60.3M | 2.2M | -5.9M |
Pre-tax Income | 29.5M | 46.9M | 87.8M | 44.9M | 24.3M |
Income Tax | 14.0M | 4.2M | 9.3M | 17.2M | 10.5M |
Effective Tax Rate % | 47.5% | 9.0% | 10.6% | 38.4% | 43.1% |
Net Income | 15.5M | 42.7M | 78.4M | 27.6M | 13.8M |
Net Margin % | 8.8% | 23.8% | 52.7% | 24.0% | 14.9% |
Key Metrics | |||||
EBITDA | 135.2M | 146.4M | 101.4M | 80.0M | 65.4M |
EPS (Basic) | - | $0.14 | $0.34 | $0.14 | $0.07 |
EPS (Diluted) | - | $0.14 | $0.33 | $0.14 | $0.07 |
Basic Shares Outstanding | - | 297406309 | 231348386 | 193974313 | 187507754 |
Diluted Shares Outstanding | - | 297406309 | 231348386 | 193974313 | 187507754 |
Income Statement Trend
Sandstorm Gold Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 4.4M | 5.0M | 7.0M | 16.2M | 113.8M |
Short-term Investments | 6.9M | 9.8M | 1.3M | 5.0M | 1.9M |
Accounts Receivable | 18.6M | 15.2M | 18.3M | 11.8M | 8.0M |
Inventory | - | - | - | - | - |
Other Current Assets | 212.0K | 4.3M | 531.0K | 293.0K | 737.0K |
Total Current Assets | 31.7M | 53.8M | 32.7M | 33.6M | 124.4M |
Non-Current Assets | |||||
Property, Plant & Equipment | - | - | - | - | - |
Goodwill | - | - | - | - | - |
Intangible Assets | - | - | - | - | - |
Long-term Investments | 2.3M | 1.6M | 2.1M | 1.7M | 1.1M |
Other Non-Current Assets | 28.3M | 29.2M | 7.4M | 5.0M | 10.9M |
Total Non-Current Assets | 1.8B | 1.9B | 1.9B | 587.3M | 525.5M |
Total Assets | 1.9B | 1.9B | 2.0B | 620.9M | 649.9M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 5.0M | 5.7M | 3.8M | 2.2M | 3.4M |
Short-term Debt | - | - | - | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 16.2M | 16.2M | 19.0M | 7.3M | 3.4M |
Non-Current Liabilities | |||||
Long-term Debt | 355.0M | 435.0M | 497.5M | 2.6M | 2.9M |
Deferred Tax Liabilities | 29.6M | 26.3M | 16.8M | 18.3M | 5.5M |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | 384.6M | 461.3M | 514.3M | 20.9M | 8.3M |
Total Liabilities | 400.8M | 477.4M | 533.4M | 28.2M | 11.8M |
Equity | |||||
Common Stock | 1.3B | 1.3B | 1.3B | 694.7M | 719.7M |
Retained Earnings | 119.9M | 122.9M | 98.9M | 35.6M | 11.0M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 1.4B | 1.5B | 1.4B | 592.6M | 638.1M |
Key Metrics | |||||
Total Debt | 355.0M | 435.0M | 497.5M | 2.6M | 2.9M |
Working Capital | 15.5M | 37.6M | 13.7M | 26.3M | 120.9M |
Balance Sheet Composition
Sandstorm Gold Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 15.5M | 42.7M | 78.4M | 27.6M | 13.8M |
Depreciation & Amortization | 62.3M | 75.9M | 60.2M | 36.2M | 33.6M |
Stock-Based Compensation | 7.9M | 7.6M | 6.1M | 6.0M | 5.7M |
Working Capital Changes | -3.6M | 1.5M | -5.5M | -4.2M | -553.0K |
Operating Cash Flow | 128.2M | 165.1M | 163.8M | 81.6M | 62.4M |
Investing Activities | |||||
Capital Expenditures | 1.4M | 2.6M | -582.7M | -152.7M | -3.5M |
Acquisitions | - | 0 | -3.8M | -559.0K | -3.3M |
Investment Purchases | -11.1M | -30.5M | -33.4M | -13.0M | -15.9M |
Investment Sales | 20.7M | 5.7M | 7.3M | 22.4M | 56.4M |
Investing Cash Flow | 10.9M | -22.2M | -612.7M | -143.9M | 33.7M |
Financing Activities | |||||
Share Repurchases | -16.6M | -16.0M | -421.0K | -33.1M | -23.5M |
Dividends Paid | -17.5M | -17.7M | -13.6M | 0 | 0 |
Debt Issuance | 22.0M | 41.5M | 653.1M | 0 | 41.0M |
Debt Repayment | -102.0M | -104.0M | -212.4M | 0 | -86.0M |
Financing Cash Flow | -114.1M | -96.2M | 512.7M | -33.1M | -68.5M |
Free Cash Flow | 122.4M | 131.8M | -513.9M | -71.6M | 62.1M |
Net Change in Cash | 25.1M | 46.7M | 63.8M | -95.4M | 27.5M |
Cash Flow Trend
Sandstorm Gold Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
86.83
Forward P/E
54.84
Price to Book
2.14
Price to Sales
15.81
PEG Ratio
54.84
Profitability Ratios
Profit Margin
17.78%
Operating Margin
50.60%
Return on Equity
2.55%
Return on Assets
3.03%
Financial Health
Current Ratio
2.40
Debt to Equity
21.68
Beta
0.67
Per Share Data
EPS (TTM)
$0.12
Book Value per Share
$4.87
Revenue per Share
$0.66
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
sand | 3.1B | 86.83 | 2.14 | 2.55% | 17.78% | 21.68 |
Newmont | 75.8B | 12.50 | 2.37 | 20.29% | 30.50% | 23.56 |
Agnico Eagle Mines | 68.3B | 23.02 | 3.02 | 13.92% | 30.63% | 3.26 |
Coeur Mining | 7.5B | 29.12 | 2.65 | 9.88% | 13.06% | 13.94 |
Osisko Gold | 5.3B | 164.24 | 4.30 | 2.51% | 15.29% | 6.59 |
Equinox Gold | 4.9B | 9.07 | 0.88 | 10.70% | 18.07% | 45.14 |
Financial data is updated regularly. All figures are in the company's reporting currency.