Smart Sand (SND) Financials
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 Oct 29, 2026; every other figure is from the SEC filings on this page. Not financial advice.
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).
Higher production costs squeezed margins even as revenue grew, while cash generation improved far more than reported earnings.
The unusual cash-conversion pattern is that FY2025 operating cash flow reached$44.1M against net income of only$1.3M , making cash generation much stronger than the income statement suggests. Compared with FY2024, cash flow improved while operating income moved from profit to loss, indicating that working-capital or other noncash movements—not operating profitability—drove the cash result.
Sales rose
Liabilities were
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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.
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 17/100. This is down from 1.0% the prior year.
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.
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 88/100, indicating a strong balance sheet with room for future borrowing.
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 66/100.
Smart Sand, Inc. has a free cash flow margin of 9.8%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.
Smart Sand, Inc. generates a 0.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 16/100. This is down from 1.2% the prior year.
Smart Sand, Inc. scores 2.58, placing it in the grey zone between 1.81 and 2.99. The largest contribution to the score comes from a market capitalization of $207.3M against total liabilities of $100.3M. 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.
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 operating efficiency signals passes.
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.
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
Earnings & Revenue
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%.
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. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
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. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
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. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Smart Sand, Inc. recorded an outflow of $1.4M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 260.9%.
Smart Sand, Inc. held $10.2M in cash against $8.6M in long-term debt as of Q2 2026.
Smart Sand, Inc. paid $0.10 per share in dividends in Q2 2026.
Margins & Returns
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.
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.
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.
Smart Sand, Inc.'s quarterly ROE was 4.3% in Q2 2026: one quarter's net income over shareholder equity, not annualized. 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
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%.
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%.
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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-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 | $10.1Mn/m | -$4.9Mn/m | -$2.7M-175.0% | $5.4Mn/m | -$77K-102.2% | -$7.0M-999.2% | $3.6Mn/m | -$4.9M-199.7% |
| EBITDA | $10.6M+1912.0% | -$4.3Mn/m | -$2.1M-150.3% | $6.0Mn/m | $527K-87.4% | -$6.4M-541.1% | $4.2Mn/m | -$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 | $52Kn/m | -$1.2M-106.9% | -$4.3Mn/m | $2.1Mn/m | -$21.7M-1032.3% | $17.0M+2695.4% | -$541Kn/m | -$5.1Mn/m |
| Net Income | $10.2M-52.5% | -$3.9Mn/m | $1.2M-68.5% | $3.0Mn/m | $21.4Mn/m | -$24.2Mn/m | $3.7Mn/m | -$98K-101.5% |
| EPS (Basic) | $0.26-52.7% | -$0.10n/m | $0.03-70.0% | $0.08n/m | $0.55n/m | -$0.62 | $0.10n/m | $0.00-100.0% |
| EPS (Diluted) | $0.25-53.7% | -$0.10n/m | $0.03-70.0% | $0.08n/m | $0.54n/m | -$0.62 | $0.10n/m | $0.00-100.0% |
| Diluted Shares (Avg) | 41M+5.1% | 39M-0.2% | N/A | 39M+0.1% | 39M+1.7% | 39M | N/A | 39M+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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-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 | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| 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 | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| 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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.4Mn/m | $3.0M-65.1% | $22.4M+2061.4% | $18.2M+212.5% | -$5.1M-134.5% | $8.7Mn/m | $1.0Mn/m | $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 Compensation | N/A | $960K+2.8% | N/A | N/A | N/A | $934K+45.5% | N/A | N/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 | -$1.4Mn/m | $842K-83.8% | $20.4Mn/m | $14.8M+302.0% | -$7.8M-157.8% | $5.2Mn/m | -$840Kn/m | $3.7M-34.3% |
| Investing Cash Flow | -$4.8Mn/m | -$2.2Mn/m | -$2.0Mn/m | -$3.4Mn/m | -$1.9Mn/m | -$3.5Mn/m | -$1.9Mn/m | -$2.1Mn/m |
| Financing Cash Flow | -$7.9M-226.3% | -$3.9Mn/m | -$2.9Mn/m | -$14.0Mn/m | $6.3Mn/m | -$1.6M-140.5% | -$4.8M-176.4% | -$2.8Mn/m |
| Dividends Paid | $4.1M+5654.2% | $0-100.0% | $2.0M-49.3% | $3.9Mn/m | $72Kn/m | $7Kn/m | $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-62.4% | $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.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.2%+6.8pp | 6.6%+2.3pp | 13.0%-1.7pp | 16.1%+5.8pp | 10.4%-7.3pp | 4.2%-10.0pp | 14.7%+10.2pp | 10.3%-8.5pp |
| Operating Margin | 8.7%+8.8pp | -5.2%+5.5pp | -3.1%-7.1pp | 5.8%+13.6pp | -0.1%-4.9pp | -10.8%-11.7pp | 3.9%+16.7pp | -7.8%-14.2pp |
| Net Margin | 8.8%-16.1pp | -4.2%+32.8pp | 1.4%-2.7pp | 3.2%+3.4pp | 24.9%+25.5pp | -37.0%-36.7pp | 4.1%+11.8pp | -0.2%-8.9pp |
| Return on Equity | 4.3%-4.6pp | -1.7%+9.4pp | 0.5%-1.0pp | 1.3%+1.3pp | 8.9%+9.1pp | -11.0%-10.9pp | 1.5%+3.5pp | 0.0%-2.8pp |
| Return on Assets | 2.9%-3.3pp | -1.1%+6.3pp | 0.4%-0.7pp | 0.9%+0.9pp | 6.2%+6.3pp | -7.4%-7.3pp | 1.1%+2.5pp | 0.0%-2.0pp |
| Current Ratio | 1.69-0.2x | 1.66-0.1x | 1.760.0x | 1.700.0x | 1.86+0.2x | 1.75+0.6x | 1.75+0.6x | 1.71+0.4x |
| Debt-to-Equity | 0.040.0x | 0.040.0x | 0.040.0x | 0.030.0x | 0.070.0x | 0.040.0x | 0.040.0x | 0.040.0x |
| Liabilities-to-Equity | 0.460.0x | 0.43-0.1x | 0.420.0x | 0.43+0.1x | 0.440.0x | 0.490.0x | 0.400.0x | 0.380.0x |
| Asset Turnover | 0.33+0.1x | 0.28+0.1x | 0.250.0x | 0.27+0.1x | 0.250.0x | 0.200.0x | 0.27+0.1x | 0.190.0x |
| FCF Margin | -1.2%+7.9pp | 0.9%-7.0pp | 23.7%+24.6pp | 15.9%+10.1pp | -9.1%-27.4pp | 7.9%+14.5pp | -0.9%+14.5pp | 5.8%-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% | $207.3M | 51/100 |
| Drilling Tools International Corporation DTI | FY2025 | $159.6M | -$3.8M | -2.4% | $60.7M | 52/100 |
| Recon Technology, Ltd. RCON | FY2026 | $16.2M | -$4.4M | -27.0% | $21.2M | 62/100 |
| Leishen Energy Holding Co., Ltd. LSE | FY2025 | $48.3M | $1.3M | 2.6% | $77.5M | 46/100 |
| Dawson Geophysical Company New DWSN | FY2025 | $75.6M | -$1.9M | -2.6% | $58.4M | 24/100 |
Where Smart Sand, Inc. Ranks
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 $10.5M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $1.3M, with a net profit margin of 0.4%.
What is Smart Sand, Inc.'s EBITDA?
Smart Sand, Inc. (SND) had EBITDA of -$2.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Smart Sand, Inc. have?
As of fiscal year 2025, Smart Sand, Inc. (SND) had $22.6M in cash and equivalents against $8.7M in long-term debt.
What is Smart Sand, Inc.'s gross margin?
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.
What is Smart Sand, Inc.'s operating margin?
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.
What is Smart Sand, Inc.'s net profit margin?
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.
Does Smart Sand, Inc. pay dividends?
Yes, Smart Sand, Inc. (SND) paid $0.15 per share in dividends during fiscal year 2025.
What is Smart Sand, Inc.'s return on equity (ROE)?
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.
What is Smart Sand, Inc.'s free cash flow?
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.
What is Smart Sand, Inc.'s operating cash flow?
Smart Sand, Inc. (SND) generated $44.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Smart Sand, Inc.'s total assets?
Smart Sand, Inc. (SND) had $340.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Smart Sand, Inc.'s capital expenditures?
Smart Sand, Inc. (SND) invested $11.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Smart Sand, Inc.'s current ratio?
Smart Sand, Inc. (SND) had a current ratio of 1.76 as of fiscal year 2025, which is generally considered healthy.
What is Smart Sand, Inc.'s debt-to-equity ratio?
Smart Sand, Inc. (SND) had a debt-to-equity ratio of 0.04 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Smart Sand, Inc.'s liabilities-to-equity ratio?
Smart Sand, Inc. (SND) had a liabilities-to-equity ratio of 0.42 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Smart Sand, Inc.'s return on assets (ROA)?
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.
What is Smart Sand, Inc.'s P/E ratio?
Smart Sand, Inc. (SND) trades at 19.8x earnings, its market capitalization divided by $10.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $207.3M as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Smart Sand, Inc.'s price-to-sales ratio?
Smart Sand, Inc. (SND) trades at 0.5x sales, its market capitalization divided by $387.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $207.3M as of Oct 29, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Smart Sand, Inc.'s Altman Z-Score?
Smart Sand, Inc. (SND) has an Altman Z-Score of 2.58, 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.
What is Smart Sand, Inc.'s Piotroski F-Score?
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.
Are Smart Sand, Inc.'s earnings high quality?
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.
Can Smart Sand, Inc. cover its interest payments?
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.
How financially healthy is Smart Sand, Inc.?
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 the average 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.