Sandstorm Gold (SSL.TO) Debt Metrics
Market Cap: $3.12B
Avg Volume: 421.70K
Industry: Gold
Sector: Basic Materials
How much debt does Sandstorm Gold have?
According to Sandstorm Gold's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Sandstorm Gold's total debt stands at $435.00M. This is broken down into:
- Long-term debt: $435.00M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $430.00M. In terms of overall financial obligations, Sandstorm Gold's total liabilities amount to $477.44M.
Debt Ratios and Metrics
To better understand Sandstorm Gold's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.30 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 22.52% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 3.45 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 23.34% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 23.34% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Sandstorm Gold's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$435.00M
Long-term Debt
$435.00M
Short-term Debt
$-
Net Debt
$430.00M
Total Liabilities
$477.44M
Interest Coverage
3.45
Debt to Equity Ratio
0.30
Debt Ratio
22.52%
Sandstorm Gold Historical Debt Metrics
Sandstorm Gold Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $435.00M | $435.00M | $- | $430.00M | $477.44M | 0.30 | 22.52% | 3.45 | 23.34% | 23.34% |
| 2022 | $499.55M | $497.50M | $- | $492.52M | $533.37M | 0.35 | 25.30% | 2.43 | 26.02% | 26.10% |
| 2021 | $2.58M | $2.58M | $- | $-13.59M | $28.22M | 0.00 | 0.42% | 20.52 | 0.00% | 0.43% |
| 2020 | $2.87M | $2.87M | $- | $-110.91M | $11.78M | 0.00 | 0.44% | 15.08 | 0.00% | 0.45% |
| 2019 | $48.41M | $48.22M | $- | $41.44M | $52.28M | 0.08 | 7.77% | 5.65 | 7.31% | 7.82% |
| 2018 | $510.00K | $510.00K | $- | $-5.38M | $5.49M | 0.00 | 0.09% | 10.20 | 0.00% | 0.09% |
| 2017 | $- | $- | $- | $-12.54M | $9.24M | 0.00 | 0.00% | 5.85 | 0.00% | 0.00% |
| 2016 | $- | $- | $- | $-21.43M | $7.58M | 0.00 | 0.00% | 3.51 | 0.00% | 0.00% |
| 2015 | $83.50M | $83.50M | $- | $78.15M | $94.22M | 0.21 | 16.81% | -2.74 | 17.18% | 17.18% |
| 2014 | $- | $- | $- | $-90.22M | $9.52M | 0.00 | 0.00% | 6.13 | 0.00% | 0.00% |
Related Metrics
Explore detailed financial metrics and analysis for SSL.TO.