Smart Sand, Inc. (SND) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 83.03M | 88.14M | 84.02M | 83.12M | 67.23M | 75.53M | 64.75M | 64.78M | 71.17M | 61.9M | 60.16M | 60.3M | 72.04M | 68.11M | 72.59M | 65.14M | 56.13M | 73.86M | 82.67M | 81.67M |
| Cash & Short-Term Investments | 19.45M | 22.55M | 5.08M | 4.29M | 5.11M | 1.55M | 7.21M | 6.26M | 4.6M | 6.07M | 9.31M | 5.49M | 7.6M | 5.51M | 10.37M | 2.1M | 4.7M | 25.59M | 36.68M | 39.28M |
| Cash Only | 19.45M | 22.55M | 5.08M | 4.29M | 5.11M | 1.55M | 7.21M | 6.26M | 4.6M | 6.07M | 9.31M | 5.49M | 7.6M | 5.51M | 10.37M | 2.1M | 4.7M | 25.59M | 36.68M | 39.28M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 28.52M | 30.52M | 44.19M | 47.18M | 30.87M | 47.02M | 26.91M | 30.56M | 37.78M | 26.61M | 24.18M | 30.25M | 37.26M | 38.3M | 34.19M | 36.98M | 28.18M | 19.36M | 16.57M | 11.59M |
| Days Sales Outstanding | 28.53 | 39.94 | 45.3 | 41.4 | 53.47 | 37.22 | 41.86 | 42.13 | 35.27 | 37.71 | 32.56 | 41.08 | 41.29 | 45.17 | 45.73 | 43.14 | 51.42 | 47.13 | 37.58 | 120.45 |
| Inventory | 30.23M | 31.08M | 31.6M | 28.66M | 28.31M | 25.04M | 27.84M | 25.03M | 25.58M | 26.82M | 25.95M | 23M | 20.08M | 20.18M | 20.62M | 16.88M | 13.58M | 15.02M | 15.38M | 15.94M |
| Days Inventory Outstanding | 31.51 | 38.24 | 35.61 | 33.75 | 38.24 | 31.22 | 42.91 | 37.92 | 33.47 | 37.76 | 36.03 | 31.58 | 25.63 | 29.96 | 28.67 | 23.2 | 29.54 | 33.62 | 39.44 | 47.61 |
| Other Current Assets | 4.82M | 3.99M | 3.15M | 522K | 2.94M | 0 | 522K | 2.93M | 3.21M | 0 | 712K | 522K | 7.09M | 188K | 7.41M | 4.32M | 9.67M | 12.75M | 14.03M | 14.86M |
| Total Non-Current Assets | 252.63M | 251.87M | 259.05M | 262.73M | 259.68M | 266.02M | 271.06M | 277.03M | 278.09M | 284.4M | 286.35M | 288.33M | 287.23M | 291.89M | 302.81M | 308.82M | 310.44M | 300.16M | 300.7M | 305.79M |
| Property, Plant & Equipment | 247.74M | 246.72M | 253.65M | 233.79M | 253.75M | 259.85M | 264.63M | 270.96M | 271.86M | 278.36M | 280.09M | 259.26M | 280.49M | 284.92M | 295.63M | 301.41M | 302.82M | 292.29M | 292.6M | 297.44M |
| Fixed Asset Turnover | 0.38x | 0.34x | 0.38x | 0.35x | 0.26x | 0.35x | 0.24x | 0.27x | 0.30x | 0.22x | 0.29x | 0.28x | 0.29x | 0.25x | 0.24x | 0.23x | 0.14x | 0.12x | 0.12x | 0.10x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 4.09M | 4.29M | 4.49M | 4.69M | 4.89M | 5.08M | 5.28M | 5.48M | 5.68M | 5.88M | 6.07M | 6.27M | 6.47M | 6.67M | 6.87M | 7.07M | 7.26M | 7.46M | 7.66M | 7.86M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20.66M | 0 | 0 | 0 | -18.32M | 0 | 0 |
| Other Non-Current Assets | 798K | 855K | 912K | 24.25M | 1.04M | 1.09M | 1.15M | 593K | 558K | 163K | 185K | 22.8M | 267K | 303K | 315K | 347K | 364K | 402K | 446K | 490K |
| Total Assets | 335.67M | 340.01M | 343.07M | 345.85M | 326.91M | 341.55M | 335.81M | 341.81M | 349.26M | 346.3M | 346.51M | 348.63M | 359.27M | 360M | 375.4M | 373.97M | 366.57M | 374.02M | 383.37M | 387.46M |
| Asset Turnover | 0.28x | 0.25x | 0.27x | 0.25x | 0.20x | 0.27x | 0.19x | 0.21x | 0.24x | 0.18x | 0.22x | 0.21x | 0.23x | 0.20x | 0.19x | 0.19x | 0.11x | 0.09x | 0.09x | 0.07x |
| Asset Growth % | 2.68% | -0.45% | 2.16% | 1.18% | -6.4% | -1.37% | -3.09% | -1.96% | -2.79% | -3.81% | -7.7% | -6.77% | -1.99% | -3.75% | -2.08% | -3.48% | -12.16% | -12.55% | -12.19% | 7.86% |
| Total Current Liabilities | 50.16M | 49.94M | 49.36M | 44.78M | 38.4M | 43.21M | 37.8M | 39.07M | 59.31M | 54.47M | 44.75M | 50.77M | 56.86M | 51.92M | 54.86M | 53.72M | 48.2M | 48.55M | 39.99M | 34.59M |
| Accounts Payable | 12.5M | 9.43M | 9.51M | 15.58M | 12.44M | 16.99M | 10.86M | 9.55M | 9.94M | 16.04M | 10.44M | 15.2M | 15.84M | 14.44M | 11.63M | 12.7M | 7.53M | 8.48M | 4.83M | 4.94M |
| Days Payables Outstanding | 11.27 | 11.55 | 14.83 | 16.6 | 21.09 | 16.44 | 16.57 | 14.6 | 16.59 | 18.95 | 18.87 | 22.75 | 19.27 | 19.14 | 18.6 | 15.41 | 16.53 | 14.71 | 12.3 | 13.88 |
| Short-Term Debt | 13.8M | 13.13M | 14.17M | 3.8M | 3.28M | 3.32M | 3.47M | 16.08M | 31.6M | 15.47M | 5.49M | 5.18M | 9.99M | 5.82M | 17.05M | 17.53M | 16.6M | 7.01M | 14.69M | 14.78M |
| Deferred Revenue (Current) | 1.04M | 9.84M | 0 | 0 | 476K | 54K | 0 | 636K | 2.38M | 1.15M | 2.02M | 0 | 5.9M | 6.96M | 9.9M | 9.34M | 11.47M | 9.84M | 9.23M | 4.83M |
| Other Current Liabilities | 22.82M | 17.54M | 25.68M | 847K | 2.1M | -827K | 2.37M | 9.86M | 12.34M | 1.77M | 13.12M | 6.95M | 11.38M | 12.26M | 2.98M | 1.75M | 1.04M | 10.94M | 2.55M | 696K |
| Current Ratio | 1.66x | 1.76x | 1.70x | 1.86x | 1.75x | 1.75x | 1.71x | 1.66x | 1.20x | 1.14x | 1.34x | 1.19x | 1.27x | 1.31x | 1.32x | 1.21x | 1.16x | 1.52x | 2.07x | 2.36x |
| Quick Ratio | 1.05x | 1.14x | 1.06x | 1.22x | 1.01x | 1.17x | 0.98x | 1.02x | 0.77x | 0.64x | 0.76x | 0.73x | 0.91x | 0.92x | 0.95x | 0.90x | 0.88x | 1.21x | 1.68x | 1.90x |
| Cash Conversion Cycle | 48.77 | 66.63 | 66.08 | 58.55 | 70.61 | 52 | 68.21 | 65.46 | 52.15 | 56.53 | 49.72 | 49.91 | 47.65 | 55.99 | 55.79 | 50.93 | 64.42 | 66.04 | 64.72 | 154.19 |
| Total Non-Current Liabilities | 51.39M | 50.38M | 53.84M | 60.57M | 68.6M | 54.53M | 54.46M | 59.88M | 47.42M | 49.57M | 55.61M | 59.06M | 70.64M | 64.61M | 80.98M | 83.74M | 82.39M | 84.31M | 91.16M | 94.06M |
| Long-Term Debt | 25.06M | 23.05M | 24.42M | 17.41M | 8.24M | 8.82M | 9.52M | 2.17M | 1.97M | 2.91M | 6.32M | 6.84M | 14.96M | 9.35M | 7.52M | 12.88M | 13.05M | 15.12M | 16.71M | 18.54M |
| Capital Lease Obligations | 0 | 0 | 0 | 16.38M | 12.5M | 14.8M | 14.35M | 22.22M | 12.54M | 14.6M | 15.55M | 16.37M | 16.64M | 18.1M | 20.02M | 22.72M | 22.78M | 23.92M | 25M | 24.79M |
| Deferred Tax Liabilities | 3.21M | 4.19M | 6.74M | 0 | 25.98M | 9.32M | 0 | 15.03M | 12.7M | 12.1M | 14.14M | 0 | 19.91M | 18.24M | 19.65M | 19.17M | 18.26M | 22.43M | 25.44M | 27.14M |
| Other Non-Current Liabilities | 23.12M | 23.14M | 22.68M | 26.78M | 21.89M | 21.59M | 30.59M | 20.46M | 20.21M | 19.96M | 19.6M | 35.85M | 19.13M | 18.93M | 33.79M | 26.58M | 24.67M | 16.4M | 16.8M | 16.61M |
| Total Liabilities | 101.55M | 100.32M | 103.2M | 105.35M | 107M | 97.74M | 92.26M | 98.95M | 106.73M | 104.03M | 100.36M | 109.83M | 127.5M | 116.53M | 135.84M | 137.46M | 130.59M | 132.86M | 131.15M | 128.65M |
| Total Debt | 38.86M | 36.18M | 38.59M | 48.99M | 32.6M | 37.22M | 37.03M | 40.47M | 46.11M | 43.75M | 38.7M | 39.74M | 52.93M | 44.54M | 55.38M | 63.91M | 61.97M | 55.2M | 63.92M | 65.83M |
| Net Debt | 19.41M | 13.63M | 33.51M | 44.7M | 27.49M | 35.67M | 29.82M | 34.21M | 41.52M | 37.68M | 29.39M | 34.25M | 45.32M | 39.03M | 45.01M | 61.81M | 57.27M | 29.61M | 27.24M | 26.55M |
| Debt / Equity | 0.17x | 0.15x | 0.16x | 0.20x | 0.15x | 0.15x | 0.15x | 0.17x | 0.19x | 0.18x | 0.16x | 0.17x | 0.23x | 0.18x | 0.23x | 0.27x | 0.26x | 0.23x | 0.25x | 0.25x |
| Debt / EBITDA | 15.20x | 7.24x | 3.04x | 6.65x | 72.93x | 3.43x | 19.70x | 3.70x | 5.61x | - | 3.19x | 3.95x | 10.29x | 5.28x | 5.19x | 7.77x | - | - | - | - |
| Net Debt / EBITDA | 7.59x | 2.73x | 2.64x | 6.07x | 61.50x | 3.29x | 15.86x | 3.13x | 5.05x | - | 2.42x | 3.40x | 8.81x | 4.63x | 4.22x | 7.52x | - | - | - | - |
| Interest Coverage | -20.27x | -4.97x | 16.87x | -2.40x | -20.24x | 6.62x | -11.19x | 8.98x | 1.80x | -23.45x | 18.57x | 14.54x | -3.54x | 5.68x | 9.55x | 3.55x | -22.80x | -32.47x | -14.91x | -49.13x |
| Total Equity | 234.12M | 239.7M | 239.87M | 240.5M | 219.91M | 243.81M | 243.55M | 242.87M | 242.53M | 242.27M | 246.15M | 238.8M | 231.77M | 243.47M | 239.56M | 236.51M | 235.98M | 241.16M | 252.22M | 258.81M |
| Equity Growth % | 6.46% | -1.69% | -1.51% | -0.97% | -9.33% | 0.64% | -1.05% | 1.7% | 4.64% | -0.49% | 2.75% | 0.97% | -1.78% | 0.96% | -5.02% | -8.62% | -17.37% | -16.5% | -13.25% | 2.98% |
| Book Value per Share | 5.98 | 6.05 | 6.16 | 6.11 | 5.60 | 6.18 | 6.26 | 6.27 | 6.29 | 6.32 | 6.41 | 6.29 | 5.62 | 5.68 | 5.63 | 5.61 | 5.61 | 5.76 | 6.03 | 6.20 |
| Total Shareholders' Equity | 234.12M | 239.7M | 239.87M | 240.5M | 219.91M | 243.81M | 243.55M | 242.87M | 242.53M | 242.27M | 246.15M | 238.8M | 231.77M | 243.47M | 239.56M | 236.51M | 235.98M | 241.16M | 252.22M | 258.81M |
| Common Stock | 38K | 39K | 39K | 39K | 40K | 39K | 39K | 39K | 39K | 39K | 38K | 38K | 38K | 43K | 42K | 42K | 42K | 42K | 42K | 42K |
| Retained Earnings | 64.21M | 68.07M | 69.07M | 70.4M | 49.01M | 73.24M | 73.8M | 73.89M | 74.32M | 74.54M | 79.33M | 72.6M | 66.29M | 69.89M | 67.26M | 64.58M | 64.67M | 70.59M | 82.83M | 90.09M |
| Treasury Stock | 0 | 0 | 0 | -17.11M | -15.31M | -14.67M | -14.62M | -14.47M | -14.42M | -14.25M | -14.12M | -14M | -13.92M | -5.08M | -4.99M | -4.78M | -4.66M | -4.54M | -4.43M | -4.42M |
| Accumulated OCI | -53K | -53K | -56K | -56K | -56K | -60K | -50K | -88K | -61K | -35K | -27K | 120K | 161K | 227K | 250K | 516K | 590K | 574K | 353K | 592K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |