Sandstorm Gross Profit vs Total Revenue Analysis

SAND Stock

USD 5.85 0.05 0.86%

Sandstorm Gold financial indicator trend analysis is much more than just breaking down Sandstorm Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sandstorm Gold is a good investment. Please check the relationship between Sandstorm Gold Gross Profit and its Total Revenue accounts. 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.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sandstorm Gold Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sandstorm Gold's Gross Profit and Total Revenue is 0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Sandstorm Gold Ltd, assuming nothing else is changed. The correlation between historical values of Sandstorm Gold's Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Sandstorm Gold Ltd are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Sandstorm Gold's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sandstorm Gold Ltd minus its cost of goods sold. It is profit before Sandstorm Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 indicators from Sandstorm Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 present, Sandstorm Gold's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 12.46, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.

	2023	2024 (projected)
Total Revenue	179.6M	188.6M
Research Development	225K	200K

Total Revenue Research Development

Sandstorm Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Other Current Assets	Other Current Liab	Property Plant And Equipment Net	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Property Plant Equipment	Inventory	Other Liab
Total Assets		0.97	0.99	0.93	0.85	0.37	-0.31	-0.14	0.88	0.96	-0.23	0.96	-0.04	1.0	0.03	-0.06	0.6	0.04	0.81	0.99	0.98	0.61	0.84	0.98	0.53	0.7
Total Current Liabilities	0.97		0.95	0.92	0.81	0.4	-0.32	-0.17	0.81	0.95	-0.35	0.95	-0.06	0.97	0.07	-0.01	0.67	0.08	0.84	0.98	0.97	0.56	0.81	0.95	0.48	0.73
Total Stockholder Equity	0.99	0.95		0.88	0.82	0.42	-0.28	-0.1	0.93	0.92	-0.21	0.92	0.0	0.99	0.05	-0.04	0.61	0.04	0.8	0.97	0.96	0.69	0.86	0.96	0.6	0.67
Net Debt	0.93	0.92	0.88		0.82	0.29	-0.55	-0.42	0.71	0.98	-0.33	0.98	-0.32	0.95	0.01	-0.07	0.46	-0.07	0.79	0.96	0.95	0.4	0.72	0.96	0.34	0.67
Retained Earnings	0.85	0.81	0.82	0.82		-0.1	-0.19	-0.03	0.69	0.87	-0.22	0.87	0.07	0.84	-0.3	-0.48	0.6	0.2	0.67	0.85	0.89	0.32	0.6	0.88	0.14	0.85
Accounts Payable	0.37	0.4	0.42	0.29	-0.1		-0.3	-0.22	0.51	0.25	-0.08	0.25	-0.19	0.38	0.52	0.64	0.13	-0.21	0.34	0.33	0.27	0.67	0.55	0.3	0.69	-0.13
Cash	-0.31	-0.32	-0.28	-0.55	-0.19	-0.3		0.97	-0.28	-0.36	0.51	-0.36	0.94	-0.38	-0.03	-0.07	0.1	0.44	-0.26	-0.36	-0.37	-0.21	-0.28	-0.36	-0.15	-0.17
Cash And Short Term Investments	-0.14	-0.17	-0.1	-0.42	-0.03	-0.22	0.97		-0.09	-0.22	0.49	-0.22	0.99	-0.21	-0.08	-0.11	0.17	0.49	-0.2	-0.2	-0.22	-0.1	-0.16	-0.19	-0.05	-0.07
Common Stock Shares Outstanding	0.88	0.81	0.93	0.71	0.69	0.51	-0.28	-0.09		0.74	-0.17	0.74	0.0	0.88	0.08	0.0	0.51	-0.01	0.65	0.83	0.83	0.84	0.83	0.83	0.73	0.56
Non Current Liabilities Total	0.96	0.95	0.92	0.98	0.87	0.25	-0.36	-0.22	0.74		-0.25	1.0	-0.12	0.96	0.0	-0.1	0.54	0.02	0.81	0.98	0.97	0.4	0.73	0.98	0.35	0.73
Other Stockholder Equity	-0.23	-0.35	-0.21	-0.33	-0.22	-0.08	0.51	0.49	-0.17	-0.25		-0.25	0.44	-0.26	-0.05	-0.05	-0.22	-0.02	-0.15	-0.27	-0.33	-0.1	-0.2	-0.27	-0.16	-0.43
Total Liab	0.96	0.95	0.92	0.98	0.87	0.25	-0.36	-0.22	0.74	1.0	-0.25		-0.12	0.97	0.01	-0.1	0.55	0.02	0.81	0.98	0.97	0.41	0.74	0.98	0.36	0.73
Total Current Assets	-0.04	-0.06	0.0	-0.32	0.07	-0.19	0.94	0.99	0.0	-0.12	0.44	-0.12		-0.1	-0.1	-0.16	0.32	0.55	-0.07	-0.1	-0.11	-0.01	-0.04	-0.09	-0.01	0.01
Non Current Assets Total	1.0	0.97	0.99	0.95	0.84	0.38	-0.38	-0.21	0.88	0.96	-0.26	0.97	-0.1		0.04	-0.05	0.58	0.0	0.82	0.99	0.98	0.61	0.84	0.98	0.53	0.7
Non Currrent Assets Other	0.03	0.07	0.05	0.01	-0.3	0.52	-0.03	-0.08	0.08	0.0	-0.05	0.01	-0.1	0.04		0.89	-0.12	-0.14	0.11	0.05	0.01	0.19	0.11	0.01	0.42	-0.13
Other Assets	-0.06	-0.01	-0.04	-0.07	-0.48	0.64	-0.07	-0.11	0.0	-0.1	-0.05	-0.1	-0.16	-0.05	0.89		-0.3	-0.16	-0.08	-0.06	-0.1	0.13	0.0	-0.07	0.42	-0.29
Net Receivables	0.6	0.67	0.61	0.46	0.6	0.13	0.1	0.17	0.51	0.54	-0.22	0.55	0.32	0.58	-0.12	-0.3		0.52	0.74	0.6	0.6	0.48	0.68	0.53	0.19	0.47
Other Current Assets	0.04	0.08	0.04	-0.07	0.2	-0.21	0.44	0.49	-0.01	0.02	-0.02	0.02	0.55	0.0	-0.14	-0.16	0.52		0.0	0.02	0.01	-0.18	-0.11	0.05	-0.34	0.03
Other Current Liab	0.81	0.84	0.8	0.79	0.67	0.34	-0.26	-0.2	0.65	0.81	-0.15	0.81	-0.07	0.82	0.11	-0.08	0.74	0.0		0.84	0.81	0.59	0.86	0.76	0.37	0.52
Property Plant And Equipment Net	0.99	0.98	0.97	0.96	0.85	0.33	-0.36	-0.2	0.83	0.98	-0.27	0.98	-0.1	0.99	0.05	-0.06	0.6	0.02	0.84		0.99	0.55	0.82	0.98	0.48	0.73
Property Plant And Equipment Gross	0.98	0.97	0.96	0.95	0.89	0.27	-0.37	-0.22	0.83	0.97	-0.33	0.97	-0.11	0.98	0.01	-0.1	0.6	0.01	0.81	0.99		0.54	0.8	0.98	0.46	0.8
Common Stock Total Equity	0.61	0.56	0.69	0.4	0.32	0.67	-0.21	-0.1	0.84	0.4	-0.1	0.41	-0.01	0.61	0.19	0.13	0.48	-0.18	0.59	0.55	0.54		0.86	0.49	0.84	0.26
Common Stock	0.84	0.81	0.86	0.72	0.6	0.55	-0.28	-0.16	0.83	0.73	-0.2	0.74	-0.04	0.84	0.11	0.0	0.68	-0.11	0.86	0.82	0.8	0.86		0.76	0.7	0.49
Property Plant Equipment	0.98	0.95	0.96	0.96	0.88	0.3	-0.36	-0.19	0.83	0.98	-0.27	0.98	-0.09	0.98	0.01	-0.07	0.53	0.05	0.76	0.98	0.98	0.49	0.76		0.43	0.75
Inventory	0.53	0.48	0.6	0.34	0.14	0.69	-0.15	-0.05	0.73	0.35	-0.16	0.36	-0.01	0.53	0.42	0.42	0.19	-0.34	0.37	0.48	0.46	0.84	0.7	0.43		0.2
Other Liab	0.7	0.73	0.67	0.67	0.85	-0.13	-0.17	-0.07	0.56	0.73	-0.43	0.73	0.01	0.7	-0.13	-0.29	0.47	0.03	0.52	0.73	0.8	0.26	0.49	0.75	0.2

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Sandstorm Gold Account Relationship Matchups

Sandstorm Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	623.2M	649.9M	620.9M	2.0B	1.9B	2.0B
Total Current Liabilities	3.9M	3.4M	7.3M	19.0M	16.2M	17.0M
Total Stockholder Equity	570.9M	638.1M	592.6M	1.4B	1.4B	1.5B
Net Debt	41.4M	(110.9M)	(13.6M)	492.5M	430.0M	451.5M
Retained Earnings	(2.9M)	11.0M	35.6M	98.9M	122.9M	129.1M
Accounts Payable	3.9M	3.4M	2.2M	3.8M	5.7M	3.5M
Cash	7.0M	113.8M	16.2M	7.0M	5.0M	4.7M
Cash And Short Term Investments	17.8M	115.6M	21.2M	10.8M	33.4M	41.2M
Common Stock Shares Outstanding	190.2M	196.9M	197.8M	234.3M	300.0M	315.0M
Liabilities And Stockholders Equity	623.2M	649.9M	620.9M	2.0B	1.9B	2.0B
Non Current Liabilities Total	48.4M	8.3M	20.9M	514.3M	461.3M	484.3M
Other Stockholder Equity	20.2M	271.8M	(137.6M)	(2.8M)	(7.3M)	(6.9M)
Total Liab	52.3M	11.8M	28.2M	533.4M	475.0M	498.8M
Total Current Assets	28.1M	124.4M	33.6M	32.7M	53.5M	48.7M
Non Current Assets Total	595.0M	525.5M	587.3M	1.9B	1.9B	2.0B
Non Currrent Assets Other	5.8M	9.4M	6.6M	9.5M	6.4M	8.2M
Other Assets	6.9M	8.3M	5.0M	7.4M	9.9M	14.5M
Net Receivables	7.6M	8.0M	11.8M	21.4M	15.2M	7.8M
Other Current Assets	2.8M	737K	677.0K	531K	4.9M	5.2M
Accumulated Other Comprehensive Income	(83.8M)	(92.5M)	(137.6M)	(2.8M)	(6.3M)	(6.6M)
Property Plant And Equipment Net	395.5M	359.3M	473.7M	1.8B	1.6B	1.7B
Property Plant And Equipment Gross	395.5M	359.3M	873.7M	2.2B	2.1B	2.2B
Common Stock Total Equity	693.9M	684.7M	657.6M	719.7M	827.7M	549.9M
Common Stock	657.6M	719.7M	694.7M	1.3B	1.3B	667.9M
Property Plant Equipment	398.7M	359.3M	473.7M	1.8B	2.0B	2.2B
Other Liab	196K	5.5M	18.3M	14.8M	17.0M	17.9M
Net Tangible Assets	570.9M	638.1M	592.6M	1.4B	1.6B	1.7B
Long Term Investments	184.8M	156.8M	107.0M	151.3M	286.4M	300.7M
Short Long Term Debt Total	48.4M	2.9M	2.6M	499.5M	435M	456.8M
Short Term Investments	10.8M	1.9M	5.0M	3.8M	28.3M	29.7M
Net Invested Capital	615.9M	638.1M	592.6M	1.9B	1.9B	1.1B
Net Working Capital	24.3M	120.9M	26.3M	13.7M	37.6M	43.4M
Capital Stock	657.6M	719.7M	694.7M	1.3B	1.3B	987.7M

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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?

Details

What is Sandstorm Gold's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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.

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Sandstorm Gross Profit vs Total Revenue Analysis

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

Correlation Coefficient

Gross Profit

Total Revenue

Sandstorm Gold fundamental ratios Correlations

Sandstorm Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sandstorm Gold fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Cash And Short Term Investments

Cash	- 0.55	Net Debt
Other Assets	- 0.48	Retained Earnings
Other Liab	- 0.43	Other Stockholder Equity
Cash And Short Term Investments	- 0.42	Net Debt
Non Current Assets Total	- 0.38	Cash
Property Plant And Equipment Gross	- 0.37	Cash