Sandstorm Gold Ltd N (SSL) - Net Assets
Based on the latest financial reports, Sandstorm Gold Ltd N (SSL) has net assets worth CA$1.45 Billion CAD (≈ $1.05 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.83 Billion ≈ $1.32 Billion USD) and total liabilities (CA$376.30 Million ≈ $272.21 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SSL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.45 Billion |
| % of Total Assets | 79.43% |
| Annual Growth Rate | 71.48% |
| 5-Year Change | 127.12% |
| 10-Year Change | 259.95% |
| Growth Volatility | 3729.57 |
Sandstorm Gold Ltd N - Net Assets Trend (2006–2024)
This chart illustrates how Sandstorm Gold Ltd N's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Sandstorm Gold Ltd N for the complete picture of this company's asset base.
Annual Net Assets for Sandstorm Gold Ltd N (2006–2024)
The table below shows the annual net assets of Sandstorm Gold Ltd N from 2006 to 2024. For live valuation and market cap data, see SSL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$1.45 Billion ≈ $1.05 Billion |
-0.32% |
| 2023-12-31 | CA$1.45 Billion ≈ $1.05 Billion |
+0.87% |
| 2022-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
+143.22% |
| 2021-12-31 | CA$592.64 Million ≈ $428.71 Million |
-7.13% |
| 2020-12-31 | CA$638.14 Million ≈ $461.62 Million |
+11.78% |
| 2019-12-31 | CA$570.90 Million ≈ $412.98 Million |
-2.14% |
| 2018-12-31 | CA$583.40 Million ≈ $422.02 Million |
-10.48% |
| 2017-12-31 | CA$651.67 Million ≈ $471.41 Million |
+23.59% |
| 2016-12-31 | CA$527.30 Million ≈ $381.44 Million |
+30.96% |
| 2015-12-31 | CA$402.65 Million ≈ $291.27 Million |
-4.48% |
| 2014-12-31 | CA$421.55 Million ≈ $304.94 Million |
+13.89% |
| 2013-12-31 | CA$370.14 Million ≈ $267.75 Million |
+10.10% |
| 2012-12-31 | CA$336.18 Million ≈ $243.19 Million |
+121.23% |
| 2011-12-31 | CA$151.96 Million ≈ $109.92 Million |
+16.06% |
| 2010-12-31 | CA$130.93 Million ≈ $94.71 Million |
+15894.71% |
| 2008-12-31 | CA$818.56K ≈ $592.13K |
-40.47% |
| 2007-12-31 | CA$1.38 Million ≈ $994.66K |
+1460.23% |
| 2006-12-31 | CA$88.13K ≈ $63.75K |
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Equity Component Analysis
This analysis shows how different components contribute to Sandstorm Gold Ltd N's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 11993695804.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$119.93 Million | 8.41% |
| Common Stock | CA$1.30 Billion | 91.38% |
| Other Components | CA$2.96 Million | 0.21% |
| Total Equity | CA$1.43 Billion | 100.00% |
Sandstorm Gold Ltd N Competitors by Market Cap
The table below lists competitors of Sandstorm Gold Ltd N ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SEIKO EPSON CORP.ADR 1/2
F:SE7S
|
$3.43 Billion |
|
Transcend Information Inc
TW:2451
|
$3.43 Billion |
|
Centerra Gold Inc
TO:CG
|
$3.43 Billion |
|
Willscot Mobile Mini Holdings Corp A
NASDAQ:WSC
|
$3.43 Billion |
|
Pan African Resources PLC
JSE:PAN
|
$3.42 Billion |
|
Inesa Intelligent Tech Inc A
SHG:600602
|
$3.42 Billion |
|
Corcept Therapeutics Incorporated
NASDAQ:CORT
|
$3.42 Billion |
|
Unilever Indonesia Tbk
JK:UNVR
|
$3.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sandstorm Gold Ltd N's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,429,001,000 to 1,425,671,000, a change of -3,330,000 (-0.2%).
- Net income of 14,293,000 contributed positively to equity growth.
- Dividend payments of 17,509,000 reduced retained earnings.
- Share repurchases of 16,557,000 reduced equity.
- Other comprehensive income increased equity by 6,268,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$14.29 Million | +1.0% |
| Dividends Paid | CA$17.51 Million | -1.23% |
| Share Repurchases | CA$16.56 Million | -1.16% |
| Other Comprehensive Income | CA$6.27 Million | +0.44% |
| Other Changes | CA$10.18 Million | +0.71% |
| Total Change | CA$- | -0.23% |
Book Value vs Market Value Analysis
This analysis compares Sandstorm Gold Ltd N's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 82.10x to 3.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CA$0.20 | CA$16.15 | x |
| 2007-12-31 | CA$0.92 | CA$16.15 | x |
| 2008-12-31 | CA$0.24 | CA$16.15 | x |
| 2010-12-31 | CA$2.59 | CA$16.15 | x |
| 2011-12-31 | CA$1.99 | CA$16.15 | x |
| 2012-12-31 | CA$3.89 | CA$16.15 | x |
| 2013-12-31 | CA$3.91 | CA$16.15 | x |
| 2014-12-31 | CA$3.47 | CA$16.15 | x |
| 2015-12-31 | CA$3.37 | CA$16.15 | x |
| 2016-12-31 | CA$3.52 | CA$16.15 | x |
| 2017-12-31 | CA$3.73 | CA$16.15 | x |
| 2018-12-31 | CA$3.05 | CA$16.15 | x |
| 2019-12-31 | CA$3.00 | CA$16.15 | x |
| 2020-12-31 | CA$3.24 | CA$16.15 | x |
| 2021-12-31 | CA$3.00 | CA$16.15 | x |
| 2022-12-31 | CA$7.15 | CA$16.15 | x |
| 2023-12-31 | CA$4.76 | CA$16.15 | x |
| 2024-12-31 | CA$4.81 | CA$16.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sandstorm Gold Ltd N utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.11%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.30x
- Recent ROE (1.00%) is above the historical average (-2.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -10.16% | 0.00% | 0.00x | 1.10x | CA$-17.77K |
| 2007 | -4.35% | 0.00% | 0.00x | 1.04x | CA$-197.35K |
| 2008 | -40.73% | 0.00% | 0.00x | 1.41x | CA$-415.25K |
| 2010 | 1.83% | 76.21% | 0.02x | 1.01x | CA$-10.69 Million |
| 2011 | 8.22% | 41.68% | 0.20x | 1.01x | CA$-2.71 Million |
| 2012 | 6.52% | 39.20% | 0.16x | 1.02x | CA$-11.69 Million |
| 2013 | -19.93% | -123.26% | 0.16x | 1.03x | CA$-110.77 Million |
| 2014 | 2.73% | 20.38% | 0.13x | 1.02x | CA$-30.64 Million |
| 2015 | -10.69% | -81.76% | 0.11x | 1.23x | CA$-83.32 Million |
| 2016 | 4.79% | 40.49% | 0.12x | 1.01x | CA$-27.48 Million |
| 2017 | 1.62% | 15.43% | 0.10x | 1.01x | CA$-54.63 Million |
| 2018 | 1.01% | 8.03% | 0.12x | 1.01x | CA$-52.47 Million |
| 2019 | 2.87% | 18.33% | 0.14x | 1.09x | CA$-40.69 Million |
| 2020 | 2.17% | 14.85% | 0.14x | 1.02x | CA$-50.00 Million |
| 2021 | 4.66% | 24.05% | 0.19x | 1.05x | CA$-31.64 Million |
| 2022 | 5.54% | 52.69% | 0.08x | 1.40x | CA$-63.11 Million |
| 2023 | 2.92% | 23.22% | 0.09x | 1.35x | CA$-101.18 Million |
| 2024 | 1.00% | 8.11% | 0.10x | 1.30x | CA$-128.27 Million |
Industry Comparison
This section compares Sandstorm Gold Ltd N's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $503,278,506
- Average return on equity (ROE) among peers: -30.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sandstorm Gold Ltd N (SSL) | CA$1.45 Billion | -10.16% | 0.26x | $3.42 Billion |
| Allied Gold Corporation (AAUC) | $381.03 Million | -54.71% | 1.51x | $3.60 Billion |
| Abcourt Mines Inc. (ABI) | $31.66 Million | 1.13% | 0.45x | $86.06 Million |
| Barrick Gold Corp (ABX) | $3.56 Billion | 6.97% | 0.76x | $63.93 Billion |
| American Eagle Gold Corp (AE) | $830.83K | -165.75% | 0.05x | $138.81 Million |
| Agnico Eagle Mines Limited (AEM) | $211.31 Million | -3.62% | 0.87x | $90.48 Billion |
| Alamos Gold Inc (AGI) | $783.33 Million | -0.27% | 0.12x | $16.27 Billion |
| AIS Resources Ltd (AIS) | $4.69 Million | -71.34% | 0.07x | $1.76 Million |
| Alliance Mining Corp (ALM) | $-3.11 Million | 0.00% | 0.00x | $1.58 Million |
| Altamira Gold Corp (ALTA) | $15.01 Million | -10.64% | 0.03x | $38.60 Million |
| Almaden Minerals Ltd (AMM) | $45.22 Million | -8.90% | 0.05x | $24.82 Million |
About Sandstorm Gold Ltd N
Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine's production for the life of the mine. The company has a portfolio of 243 stre… Read more