
Sandstorm Gold Ltd. Balance Sheet 2021-2011 | SAND
Brief balance sheet overview of Sandstorm Gold Ltd.
The review uses the five latest available annual reports between 2020 and 2024.
Assets advanced +184.7% to $1.9 billion from $649.9 million; annual growth near 29.9% reflects a fast increase in scale.
Liabilities expanded faster than the asset base, +3,303% versus +184.7%. Debt-service capacity deserves attention.
The cash share moved from 17.5% to 0.2%. A higher figure generally provides more room in an adverse scenario.
Balance sheet takeaway
The balance sheet gives no single signal for Sandstorm Gold Ltd.: some indicators are sound, while leverage or capitalization needs attention.
Annual Balance Sheet Sandstorm Gold Ltd.
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
- | - | 38 M | - | -12.5 M | -21.4 M | 78.2 M | -90.2 M | -98.9 M | -127 M | -13.1 M |
Long Term Debt |
- | - | 45 M | - | - | - | 83.5 M | - | - | - | - |
Long Term Debt Current |
- | - | - | - | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | 8.34 M | 48.4 M | 510 K | 2.81 M | 3.29 M | 86.8 M | 5.89 M | 6.13 M | - | - |
Total Liabilities |
28.2 M | 11.8 M | 52.3 M | 5.49 M | 9.24 M | 7.58 M | 94.2 M | 9.52 M | 9.57 M | 5.25 M | 834 K |
Retained Earnings |
- | 11 M | -2.87 M | -19.3 M | -25.1 M | -35.7 M | -60.9 M | -17.9 M | -29.4 M | 27.7 M | 5.74 M |
Total Assets |
621 M | 650 M | 623 M | 589 M | 661 M | 535 M | 497 M | 431 M | 380 M | 341 M | 153 M |
Cash and Cash Equivalents |
16.2 M | 114 M | 6.97 M | 5.89 M | 12.5 M | 21.4 M | - | - | - | - | - |
Book Value |
593 M | 638 M | 571 M | 583 M | 652 M | 527 M | 403 M | 422 M | 370 M | 336 M | 152 M |
Total Shareholders Equity |
- | 638 M | 571 M | 583 M | 652 M | 527 M | - | - | - | - | - |
All numbers in USD currency
Quarterly Balance Sheet Sandstorm Gold Ltd.
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Non Current Liabilities |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.81 M | - | - | - | 3.29 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
- | - | - | - | 28.2 M | - | - | - | 11.8 M | - | - | - | 52.3 M | - | - | - | 5.49 M | - | - | - | 9.24 M | - | - | - | 7.58 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
- | - | - | - | 35.6 M | - | - | - | 11 M | - | - | - | -2.87 M | - | - | - | -19.3 M | - | - | - | -25.1 M | - | - | - | -35.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
- | - | - | - | 621 M | - | - | - | 650 M | - | - | - | 623 M | - | - | - | 589 M | - | - | - | 661 M | - | - | - | 535 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
- | - | - | - | 16.2 M | - | - | - | 114 M | - | - | - | 6.97 M | - | - | - | 5.89 M | - | - | - | 12.5 M | - | - | - | 21.4 M | - | - | - | 5.35 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Book Value |
- | - | - | - | 593 M | - | - | - | 638 M | - | - | - | 571 M | - | - | - | 583 M | - | - | - | 652 M | - | - | - | 527 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
- | - | - | - | 593 M | - | - | - | 638 M | - | - | - | 571 M | - | - | - | 583 M | - | - | - | 652 M | - | - | - | 527 M | - | - | - | 403 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Sandstorm Gold Ltd., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.