Sandstorm Gold (Sandstorm Gold) Debt-to-Asset : 0.22 (As of Mar. 2024)

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What is Sandstorm Gold Debt-to-Asset?

Sandstorm Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Sandstorm Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $415.0 Mil. Sandstorm Gold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $1,907.9 Mil. Sandstorm Gold's debt to asset for the quarter that ended in Mar. 2024 was 0.22.

Sandstorm Gold Debt-to-Asset Historical Data

The historical data trend for Sandstorm Gold's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sandstorm Gold Debt-to-Asset Chart

Sandstorm Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.08

0.25

0.23

Sandstorm Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.24	0.24	0.24	0.23	0.22

Competitive Comparison of Sandstorm Gold's Debt-to-Asset

For the Gold subindustry, Sandstorm Gold's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sandstorm Gold's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sandstorm Gold's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sandstorm Gold's Debt-to-Asset falls into.

Sandstorm Gold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sandstorm Gold's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	435)	/	1931.426
	=	0.23

Sandstorm Gold's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	415)	/	1907.863
	=	0.22

Sandstorm Gold (NYSE:SAND) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Sandstorm Gold Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Sandstorm Gold's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sandstorm Gold (Sandstorm Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sandstorm Gold Ltd (NYSE:SAND) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

AYS1:Germany SSL:Canada

Address

400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6

Website

https://www.sandstormgold.com

Sandstorm Gold Ltd provides financing to companies engaged in gold mining through the gold stream and royalty. Geographically, the company has operational footprints in North America, South & Central America, Africa, and Asia & Australia. The firm's royalties include Hod Maden, Santa Elena, Chapada, and Cerro Moro.