STOCK TITAN

Smart Sand, Inc. (SND) Financials

SND
Trailing 12 months to June 30, 2026
Revenue $387.0M +26.5% YoY
Net Income $10.5M +1206.1% YoY
EPS (Diluted) $0.26 +1200.0% YoY
Free Cash Flow $34.6M +16391.9% YoY
Market Cap $220.9M as of Sep 12, 2026
Price / Sales 0.6x on $387.0M revenue, trailing 12 months to June 30, 2026
Price / Earnings 21.1x on $10.5M net income, trailing 12 months to June 30, 2026
Price / Book 0.9x on $238.1M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SND SEC filings page.

Smart Sand, Inc. (SND) reported $387.0M in revenue over the twelve months to Jun 30, 2026, up 26.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SND FY2025

Cash generation has become the business's stabilizer even as margin expansion remains thin and operating profitability slips.

In FY2025, operating cash flow reached $44.1M even though net income was only $1.3M; that divergence says cash conversion was carried by non-earnings factors rather than robust profitability. After $11.6M of capital expenditures, free cash flow still reached $32.5M, indicating reinvestment consumed a minority of operating cash and left cash generation stronger than the income statement alone suggests.

Gross margin compression from 14.4% in FY2024 to 11.5% in FY2025 means higher sales did not improve unit economics. Operating margin also slipped to -1.4%, showing costs absorbed incremental activity before it reached operating profit rather than converting volume into operating leverage.

Inventory climbed from $25.0M to $31.1M in FY2025, which normally absorbs cash, while receivables fell from $41.0M to $30.5M, helping explain the cash-flow improvement. A 1.8x current ratio, up from 1.1x in FY2023, adds evidence that short-term financial flexibility improved even while earnings quality remained mixed.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 51 / 100
Financial Health Score 51/100
Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Smart Sand, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
18

Smart Sand, Inc. has an operating margin of -1.4%, meaning the company loses $1 on every $100 of revenue. This results in a profitability score of 18/100. This is down from 1.0% the prior year.

Growth
61

Smart Sand, Inc.'s revenue grew 6.0% year-over-year to $330.2M, a solid pace of expansion. This earns a growth score of 61/100.

Leverage
87

Smart Sand, Inc. carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
65

With a current ratio of 1.76, Smart Sand, Inc. holds $1.76 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 65/100.

Cash Flow
54

Smart Sand, Inc. has a free cash flow margin of 9.8%, earning a moderate score of 54/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
18

Smart Sand, Inc. generates a 0.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is down from 1.2% the prior year.

Altman Z-Score Grey Zone
2.66

Smart Sand, Inc. scores 2.66, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
6/9

Smart Sand, Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
N/A

Smart Sand, Inc. reported $1.3M of net income while generating $44.1M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Interest Coverage At Risk
N/A

Smart Sand, Inc. reported an operating loss of $4.5M against $1.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$115.0M
YoY+34.1%
QoQ+23.6%
5Y CAGR+31.2%
10Y CAGR+29.8%

Smart Sand, Inc. generated $115.0M in revenue in Q2 2026. This represents an increase of 34.1% from the same quarter a year earlier. Against the prior quarter it is up 23.6%.

EBITDA
$10.6M
YoY+1912.0%
QoQ+346.4%

Smart Sand, Inc.'s EBITDA was $10.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1912.0% from the same quarter a year earlier. Against the prior quarter it is up 346.4%.

Net Income
$10.2M
YoY-52.5%
QoQ+363.4%

Smart Sand, Inc. reported $10.2M in net income in Q2 2026. This represents a decrease of 52.5% from the same quarter a year earlier. Against the prior quarter it is up 363.4%.

EPS (Diluted)
$0.25
YoY-53.7%
QoQ+350.0%

Smart Sand, Inc. earned $0.25 per diluted share (EPS) in Q2 2026. This represents a decrease of 53.7% from the same quarter a year earlier. Against the prior quarter it is up 350.0%.

Cash & Balance Sheet

Free Cash Flow
-$1.4M
YoY+82.7%
QoQ-260.9%

Smart Sand, Inc. recorded an outflow of $1.4M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 82.7% from the same quarter a year earlier. Against the prior quarter it is down 260.9%.

Cash & Debt
$10.2M
YoY+137.5%
QoQ-47.6%
5Y CAGR-23.6%
10Y CAGR+18.5%

Smart Sand, Inc. held $10.2M in cash against $8.6M in long-term debt as of Q2 2026.

Dividends Per Share
$0.10

Smart Sand, Inc. paid $0.10 per share in dividends in Q2 2026.

Shares Outstanding
42M
YoY-2.7%
QoQ-1.4%
5Y CAGR-0.4%

Smart Sand, Inc. had 42M shares outstanding in Q2 2026. This represents a decrease of 2.7% from the same quarter a year earlier. Against the prior quarter it is down 1.4%.

Margins & Returns

Gross Margin
17.2%
YoY+6.8pp
QoQ+10.7pp
5Y change+25.2pp
10Y change-5.9pp

Smart Sand, Inc.'s gross margin was 17.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 6.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.7 percentage points.

Operating Margin
8.7%
YoY+8.8pp
QoQ+14.0pp
5Y change+105.5pp

Smart Sand, Inc.'s operating margin was 8.7% in Q2 2026, reflecting core business profitability. This is up 8.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 14.0 percentage points.

Net Margin
8.8%
YoY-16.1pp
QoQ+13.0pp
5Y change+100.8pp
10Y change+36.5pp

Smart Sand, Inc.'s net profit margin was 8.8% in Q2 2026, showing the share of revenue converted to profit. This is down 16.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 13.0 percentage points.

Return on Equity
4.3%
YoY-4.6pp
QoQ+5.9pp
5Y change+14.8pp

Smart Sand, Inc.'s ROE was 4.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.9 percentage points.

Capital Allocation

Share Buybacks
$112K
YoY+211.1%
QoQ-91.0%
5Y CAGR-5.3%

Smart Sand, Inc. spent $112K on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 211.1% from the same quarter a year earlier. Against the prior quarter it is down 91.0%.

Capital Expenditures
$4.8M
YoY+78.2%
QoQ+116.6%
5Y CAGR+11.0%
10Y CAGR+45.3%

Smart Sand, Inc. invested $4.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 78.2% from the same quarter a year earlier. Against the prior quarter it is up 116.6%.

R&D Spending

Not reported for Q2 2026.

SND Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SND quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$115.0M+34.1%$93.1M+42.0%$86.0M-5.8%$92.8M+46.9%$85.8M+16.2%$65.6M-21.1%$91.4M+47.5%$63.2M-17.9%
Cost of Revenue$95.2M+24.0%$87.0M+38.6%$74.8M-4.0%$77.8M+37.4%$76.8M+26.5%$62.8M-11.9%$77.9M+31.8%$56.7M-9.3%
Gross Profit$19.8M+121.3%$6.1M+120.3%$11.2M-16.6%$14.9M+130.2%$9.0M-31.5%$2.8M-76.5%$13.5M+375.2%$6.5M-54.9%
SG&A Expenses$9.4M+3.0%$10.7M+15.9%$13.1M+41.7%$9.1M-6.4%$9.1M+2.7%$9.2M-10.7%$9.2M-8.4%$9.7M+8.8%
Operating Income$10.1M+13153.2%-$4.9M+30.9%-$2.7M-175.0%$5.4M+209.3%-$77K-102.2%-$7.0M-999.2%$3.6M+145.6%-$4.9M-199.7%
EBITDA$10.6M+1912.0%-$4.3M+33.1%-$2.1M-150.3%$6.0M+239.3%$527K-87.4%-$6.4M-541.1%$4.2M+158.3%-$4.3M-176.8%
Interest Expense$303K-4.1%$255K-25.4%$491K-9.6%$320K-7.0%$316K-19.6%$342K-30.1%$543K+63.6%$344K+24.6%
Income Tax$52K+100.2%-$1.2M-106.9%-$4.3M-686.0%$2.1M+140.4%-$21.7M-1032.3%$17.0M+2695.4%-$541K+83.8%-$5.1M-173.3%
Net Income$10.2M-52.5%-$3.9M+84.1%$1.2M-68.5%$3.0M+3163.3%$21.4M+5075.8%-$24.2M-11118.1%$3.7M+178.1%-$98K-101.5%
EPS (Basic)$0.26-52.7%-$0.10+83.9%$0.03-70.0%$0.08$0.55+5600.0%-$0.62-6100.0%$0.10+183.3%$0.00-100.0%
EPS (Diluted)$0.25-53.7%-$0.10+83.9%$0.03-70.0%$0.08$0.54+5500.0%-$0.62$0.10+183.3%$0.00-100.0%
Diluted Shares (Avg)41M+5.1%39M-0.2%N/A39M+0.1%39M+1.7%39MN/A39M+1.3%

Not reported in any period shown, so not listed: R&D Expenses.

SND Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SND quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$347.1M+0.4%$335.7M+2.7%$340.0M-0.4%$343.1M+2.2%$345.8M+1.2%$326.9M-6.4%$341.5M-1.4%$335.8M-3.1%
Current Assets$92.6M+11.4%$83.0M+23.5%$88.1M+16.7%$84.0M+29.8%$83.1M+28.3%$67.2M-5.5%$75.5M+22.0%$64.7M+7.6%
Cash & Equivalents$10.2M+137.5%$19.5M+280.9%$22.6M+1351.2%$5.1M-29.6%$4.3M-31.4%$5.1M+11.1%$1.6M-74.4%$7.2M-22.5%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$31.6M+10.4%$30.2M+6.8%$31.1M+24.1%$31.6M+13.5%$28.7M+14.5%$28.3M+10.7%$25.0M-6.6%$27.8M+7.3%
Accounts Receivable$45.0M-4.5%$28.4M+1.5%$30.5M-25.5%$44.2M+82.9%$47.2M+79.8%$28.0M-25.8%$41.0M+76.4%$24.2M+0.6%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$109.0M+3.4%$101.5M-5.1%$100.3M+2.6%$103.2M+11.9%$105.3M+6.5%$107.0M+0.2%$97.7M-6.1%$92.3M-8.1%
Current Liabilities$54.9M+22.5%$50.2M+30.6%$49.9M+15.6%$49.4M+30.6%$44.8M+14.6%$38.4M-35.3%$43.2M-20.7%$37.8M-15.5%
Non-Current Liabilities$54.1M-10.7%$51.4M-25.1%$50.4M-7.6%$53.8M-1.1%$60.6M+1.1%$68.6M+44.7%$54.5M+10.0%$54.5M-2.1%
Long-Term Debt$8.6M-51.1%$9.2M+7.9%$8.7M-5.2%$8.3M-16.1%$17.6M+88.6%$8.5M+247.2%$9.1M+164.7%$9.9M+43.7%
Total Equity$238.1M-1.0%$234.1M+6.5%$239.7M-1.7%$239.9M-1.5%$240.5M-1.0%$219.9M-9.3%$243.8M+0.6%$243.6M-1.1%
Retained Earnings$70.1M-0.5%$64.2M+31.0%$68.1M-7.1%$69.1M-6.4%$70.4M-4.7%$49.0M-34.1%$73.2M-1.7%$73.8M-7.0%

Not reported in any period shown, so not listed: Goodwill.

SND Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SND quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow$3.4M+166.4%$3.0M-65.1%$22.4M+2061.4%$18.2M+212.5%-$5.1M-134.5%$8.7M+325.8%$1.0M+138.9%$5.8M-53.4%
Depreciation & Amortization$552K-8.6%$569K-8.1%$578K-6.5%$589K-7.0%$604K-10.0%$619K-8.2%$618K-7.3%$633K-2.2%
Stock-Based CompensationN/A$960K+2.8%N/AN/AN/A$934K+45.5%N/AN/A
Capital Expenditures$4.8M+78.2%$2.2M-37.8%$2.0M+6.6%$3.4M+58.5%$2.7M+97.6%$3.5M+114.8%$1.9M-72.8%$2.1M-69.0%
Free Cash Flow-$1.4M+82.7%$842K-83.8%$20.4M+2525.2%$14.8M+302.0%-$7.8M-157.8%$5.2M+194.2%-$840K+91.2%$3.7M-34.3%
Investing Cash Flow-$4.8M-146.1%-$2.2M+37.7%-$2.0M-7.0%-$3.4M-64.6%-$1.9M-43.2%-$3.5M-114.9%-$1.9M+72.9%-$2.1M+69.9%
Financing Cash Flow-$7.9M-226.3%-$3.9M-140.9%-$2.9M+39.9%-$14.0M-400.2%$6.3M+152.7%-$1.6M-140.5%-$4.8M-176.4%-$2.8M-52.9%
Dividends Paid$4.1M+5654.2%$0-100.0%$2.0M-49.3%$3.9M$72K$7K$3.9M$0
Share Buybacks$112K+211.1%$1.2M+268.5%$49K+4.3%$207K+35.3%$36K-30.8%$336K+97.6%$47K-99.0%$153K+2.0%

SND Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SND quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin17.2%+6.8pp6.6%+2.3pp13.0%-1.7pp16.1%+5.8pp10.4%-7.3pp4.2%-10.0pp14.7%+10.2pp10.3%-8.5pp
Operating Margin8.7%+8.8pp-5.2%+5.5pp-3.1%-7.1pp5.8%+13.6pp-0.1%-4.9pp-10.8%-11.7pp3.9%+16.7pp-7.8%-14.2pp
Net Margin8.8%-16.1pp-4.2%+32.8pp1.4%-2.7pp3.2%+3.4pp24.9%+25.5pp-37.0%-36.7pp4.1%+11.8pp-0.2%-8.9pp
Return on Equity4.3%-4.6pp-1.7%+9.4pp0.5%-1.0pp1.3%+1.3pp8.9%+9.1pp-11.0%-10.9pp1.5%+3.5pp0.0%-2.8pp
Return on Assets2.9%-3.3pp-1.1%+6.3pp0.4%-0.7pp0.9%+0.9pp6.2%+6.3pp-7.4%-7.3pp1.1%+2.5pp0.0%-2.0pp
Current Ratio1.69-0.2x1.66-0.1x1.760.0x1.700.0x1.86+0.2x1.75+0.6x1.75+0.6x1.71+0.4x
Debt-to-Equity0.040.0x0.040.0x0.040.0x0.030.0x0.070.0x0.040.0x0.040.0x0.040.0x
Asset Turnover0.33+0.1x0.28+0.1x0.250.0x0.27+0.1x0.250.0x0.200.0x0.27+0.1x0.190.0x
FCF Margin-1.2%+7.9pp0.9%-7.0pp23.7%+24.6pp15.9%+10.1pp-9.1%-27.4pp7.9%+14.5pp-0.9%+14.5pp5.8%-1.5pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Smart Sand, Inc. SND FY2025 $330.2M $1.3M 0.4% $220.9M 51/100
Drilling Tools International Corporation DTI FY2025 $159.6M -$3.8M -2.4% $92.8M 60/100
Recon Technology, Ltd. RCON FY2025 $9.3M -$5.9M -64.3% $585K 47/100
Leishen Energy Holding Co., Ltd. LSE FY2025 $48.3M $1.3M 2.6% $93.9M 47/100
Dawson Geophysical Company New DWSN FY2025 $75.6M -$1.9M -2.6% $104.3M 25/100
NCS Multistage Holdings, Inc. NCSM FY2025 $183.6M $23.7M 12.9% $140.0M 61/100

Frequently Asked Questions

What is Smart Sand, Inc.'s annual revenue?

Smart Sand, Inc. (SND) reported $330.2M in total revenue for fiscal year 2025. This represents a 6.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Smart Sand, Inc.'s revenue growing?

Smart Sand, Inc. (SND) revenue grew by 6.0% year-over-year, from $311.4M to $330.2M in fiscal year 2025.

Is Smart Sand, Inc. profitable?

Yes, Smart Sand, Inc. (SND) reported a net income of $1.3M in fiscal year 2025, with a net profit margin of 0.4%.

Smart Sand, Inc. (SND) reported diluted earnings per share of $0.03 for fiscal year 2025. This represents a -62.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Smart Sand, Inc. (SND) had EBITDA of -$2.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Smart Sand, Inc. (SND) had $22.6M in cash and equivalents against $8.7M in long-term debt.

Smart Sand, Inc. (SND) had a gross margin of 11.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Smart Sand, Inc. (SND) had an operating margin of -1.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Smart Sand, Inc. (SND) had a net profit margin of 0.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Smart Sand, Inc. (SND) paid $0.15 per share in dividends during fiscal year 2025.

Smart Sand, Inc. (SND) has a return on equity of 0.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Smart Sand, Inc. (SND) generated $32.5M in free cash flow during fiscal year 2025. This represents a 199.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Smart Sand, Inc. (SND) generated $44.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Smart Sand, Inc. (SND) had $340.0M in total assets as of fiscal year 2025, including both current and long-term assets.

Smart Sand, Inc. (SND) invested $11.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Smart Sand, Inc. (SND) spent $628K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Smart Sand, Inc. (SND) had 44M shares outstanding as of fiscal year 2025.

Smart Sand, Inc. (SND) had a current ratio of 1.76 as of fiscal year 2025, which is generally considered healthy.

Smart Sand, Inc. (SND) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Smart Sand, Inc. (SND) had a return on assets of 0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Smart Sand, Inc. (SND) trades at 21.1x earnings, its market capitalization divided by net income of $10.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $220.9M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Smart Sand, Inc. (SND) trades at 0.6x sales, its market capitalization divided by revenue of $387.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $220.9M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Smart Sand, Inc. (SND) has an Altman Z-Score of 2.66, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Smart Sand, Inc. (SND) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Smart Sand, Inc. (SND) reported $1.3M of net income while generating $44.1M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Smart Sand, Inc. (SND) reported an operating loss of $4.5M against $1.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Smart Sand, Inc. (SND) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top