Seabridge Free Cash Flow Yield vs Book Value Per Share Analysis

SEA Stock

CAD 20.05 0.21 1.04%

Seabridge Gold financial indicator trend analysis is much more than just breaking down Seabridge Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seabridge Gold is a good investment. Please check the relationship between Seabridge Gold Free Cash Flow Yield and its Book Value Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seabridge Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Seabridge Stock, please use our How to Invest in Seabridge Gold guide.

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seabridge Gold Free Cash Flow Yield account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Seabridge Gold's Free Cash Flow Yield and Book Value Per Share is -0.41. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Seabridge Gold, assuming nothing else is changed. The correlation between historical values of Seabridge Gold's Free Cash Flow Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Seabridge Gold are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Free Cash Flow Yield i.e., Seabridge Gold's Free Cash Flow Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Seabridge Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seabridge Gold current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seabridge Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Seabridge Stock, please use our How to Invest in Seabridge Gold guide.At this time, Seabridge Gold's Issuance Of Capital Stock is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value is likely to grow to about 1.5 B, while Selling General Administrative is likely to drop about 10.4 M.

	2021	2022	2023	2024 (projected)
Reconciled Depreciation	85K	84K	132K	82.1K
Interest Income	176K	2.8M	4.7M	4.9M

Reconciled Depreciation Interest Income

Seabridge Gold fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Short Term Investments	Short Term Debt	Other Current Liab	Other Assets	Inventory	Common Stock Total Equity
Total Assets		0.91	0.92	1.0	0.9	-0.88	0.95	0.95	1.0	0.66	0.79	0.6	0.68	0.92	0.67	0.27	0.93	1.0	0.81	0.91	0.02	-0.52	0.89	0.85	-0.37	0.72
Total Current Liabilities	0.91		0.82	0.89	0.84	-0.7	0.89	0.88	0.89	0.86	0.94	0.77	0.6	0.85	0.61	0.03	0.87	0.89	0.95	0.85	0.35	-0.38	0.94	0.82	-0.21	0.63
Total Stockholder Equity	0.92	0.82		0.94	0.67	-0.95	0.79	0.77	0.92	0.69	0.73	0.56	0.85	0.7	0.81	0.48	0.71	0.94	0.76	0.68	0.16	-0.55	0.69	0.83	-0.53	0.86
Property Plant And Equipment Net	1.0	0.89	0.94		0.87	-0.91	0.93	0.93	1.0	0.65	0.76	0.58	0.72	0.89	0.69	0.35	0.9	1.0	0.78	0.88	0.0	-0.55	0.85	0.84	-0.44	0.76
Net Debt	0.9	0.84	0.67	0.87		-0.64	0.97	0.98	0.9	0.49	0.72	0.53	0.36	1.0	0.39	0.0	1.0	0.87	0.72	1.0	-0.13	-0.38	0.95	0.72	-0.13	0.44
Retained Earnings	-0.88	-0.7	-0.95	-0.91	-0.64		-0.71	-0.72	-0.89	-0.54	-0.56	-0.45	-0.86	-0.67	-0.68	-0.67	-0.68	-0.91	-0.59	-0.65	0.06	0.64	-0.61	-0.7	0.68	-0.86
Accounts Payable	0.95	0.89	0.79	0.93	0.97	-0.71		0.97	0.95	0.59	0.78	0.58	0.5	0.97	0.59	0.02	0.98	0.93	0.79	0.97	-0.03	-0.4	0.93	0.86	-0.17	0.55
Cash	0.95	0.88	0.77	0.93	0.98	-0.72	0.97		0.95	0.56	0.77	0.56	0.46	0.99	0.49	0.07	0.99	0.93	0.78	0.99	-0.07	-0.44	0.95	0.77	-0.16	0.56
Non Current Assets Total	1.0	0.89	0.92	1.0	0.9	-0.89	0.95	0.95		0.63	0.76	0.58	0.67	0.92	0.66	0.3	0.93	1.0	0.78	0.91	-0.03	-0.54	0.88	0.84	-0.39	0.72
Non Currrent Assets Other	0.66	0.86	0.69	0.65	0.49	-0.54	0.59	0.56	0.63		0.83	0.74	0.58	0.5	0.68	-0.01	0.53	0.65	0.84	0.5	0.59	-0.43	0.68	0.74	-0.22	0.63
Cash And Short Term Investments	0.79	0.94	0.73	0.76	0.72	-0.56	0.78	0.77	0.76	0.83		0.73	0.55	0.72	0.52	-0.1	0.74	0.76	1.0	0.73	0.58	-0.11	0.86	0.71	-0.02	0.54
Net Receivables	0.6	0.77	0.56	0.58	0.53	-0.45	0.58	0.56	0.58	0.74	0.73		0.45	0.53	0.37	0.02	0.55	0.58	0.75	0.54	0.43	-0.3	0.68	0.51	-0.29	0.42
Common Stock Shares Outstanding	0.68	0.6	0.85	0.72	0.36	-0.86	0.5	0.46	0.67	0.58	0.55	0.45		0.4	0.68	0.57	0.42	0.72	0.57	0.38	0.26	-0.41	0.42	0.61	-0.65	0.89
Non Current Liabilities Total	0.92	0.85	0.7	0.89	1.0	-0.67	0.97	0.99	0.92	0.5	0.72	0.53	0.4		0.42	0.04	1.0	0.89	0.73	1.0	-0.14	-0.4	0.95	0.74	-0.17	0.47
Other Current Assets	0.67	0.61	0.81	0.69	0.39	-0.68	0.59	0.49	0.66	0.68	0.52	0.37	0.68	0.42		0.2	0.44	0.69	0.56	0.4	0.19	-0.54	0.4	0.89	-0.33	0.76
Other Stockholder Equity	0.27	0.03	0.48	0.35	0.0	-0.67	0.02	0.07	0.3	-0.01	-0.1	0.02	0.57	0.04	0.2		0.04	0.35	-0.08	0.01	-0.25	-0.48	-0.06	0.03	-0.83	0.47
Total Liab	0.93	0.87	0.71	0.9	1.0	-0.68	0.98	0.99	0.93	0.53	0.74	0.55	0.42	1.0	0.44	0.04		0.9	0.75	1.0	-0.11	-0.41	0.96	0.75	-0.17	0.49
Property Plant And Equipment Gross	1.0	0.89	0.94	1.0	0.87	-0.91	0.93	0.93	1.0	0.65	0.76	0.58	0.72	0.89	0.69	0.35	0.9		0.78	0.88	0.0	-0.55	0.85	0.84	-0.44	0.76
Total Current Assets	0.81	0.95	0.76	0.78	0.72	-0.59	0.79	0.78	0.78	0.84	1.0	0.75	0.57	0.73	0.56	-0.08	0.75	0.78		0.73	0.56	-0.15	0.87	0.74	-0.05	0.57
Short Long Term Debt Total	0.91	0.85	0.68	0.88	1.0	-0.65	0.97	0.99	0.91	0.5	0.73	0.54	0.38	1.0	0.4	0.01	1.0	0.88	0.73		-0.12	-0.39	0.95	0.73	-0.14	0.45
Short Term Investments	0.02	0.35	0.16	0.0	-0.13	0.06	-0.03	-0.07	-0.03	0.59	0.58	0.43	0.26	-0.14	0.19	-0.25	-0.11	0.0	0.56	-0.12		0.38	0.15	0.14	0.2	0.13
Short Term Debt	-0.52	-0.38	-0.55	-0.55	-0.38	0.64	-0.4	-0.44	-0.54	-0.43	-0.11	-0.3	-0.41	-0.4	-0.54	-0.48	-0.41	-0.55	-0.15	-0.39	0.38		-0.31	-0.47	0.59	-0.63
Other Current Liab	0.89	0.94	0.69	0.85	0.95	-0.61	0.93	0.95	0.88	0.68	0.86	0.68	0.42	0.95	0.4	-0.06	0.96	0.85	0.87	0.95	0.15	-0.31		0.72	-0.12	0.46
Other Assets	0.85	0.82	0.83	0.84	0.72	-0.7	0.86	0.77	0.84	0.74	0.71	0.51	0.61	0.74	0.89	0.03	0.75	0.84	0.74	0.73	0.14	-0.47	0.72		-0.25	0.66
Inventory	-0.37	-0.21	-0.53	-0.44	-0.13	0.68	-0.17	-0.16	-0.39	-0.22	-0.02	-0.29	-0.65	-0.17	-0.33	-0.83	-0.17	-0.44	-0.05	-0.14	0.2	0.59	-0.12	-0.25		-0.51
Common Stock Total Equity	0.72	0.63	0.86	0.76	0.44	-0.86	0.55	0.56	0.72	0.63	0.54	0.42	0.89	0.47	0.76	0.47	0.49	0.76	0.57	0.45	0.13	-0.63	0.46	0.66	-0.51

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Seabridge Gold Account Relationship Matchups

Seabridge Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	449.4M	647.8M	747.7M	1.1B	1.4B	1.5B
Total Current Liabilities	6.7M	10.2M	17.3M	52.0M	39.4M	41.4M
Total Stockholder Equity	415.0M	614.7M	702.3M	740.5M	729.9M	766.4M
Property Plant And Equipment Net	425.9M	591.7M	662.3M	881.5M	1.1B	1.2B
Net Debt	(8.5M)	(17.3M)	(11.3M)	219.0M	492.9M	517.5M
Retained Earnings	(135.9M)	(150.9M)	(150.0M)	(157.4M)	(186.6M)	(177.3M)
Accounts Payable	2.3M	2.5M	10.3M	15.7M	27.3M	28.7M
Cash	8.8M	17.5M	11.5M	46.2M	82.4M	86.6M
Non Current Assets Total	430.2M	601.6M	693.6M	955.2M	1.3B	1.4B
Non Currrent Assets Other	1.9M	7.3M	28.9M	72.3M	21.4M	22.4M
Cash And Short Term Investments	15.9M	41.3M	44.1M	131.5M	86.2M	90.5M
Net Receivables	2.2M	2.8M	2.0M	8.9M	4.5M	4.7M
Common Stock Shares Outstanding	62.4M	66.4M	77.6M	80.1M	83.0M	51.0M
Liabilities And Stockholders Equity	449.4M	647.8M	747.7M	1.1B	1.4B	1.5B
Non Current Liabilities Total	27.7M	22.9M	28.1M	303.1M	655.1M	687.8M
Other Current Assets	1.1M	2.2M	8.0M	4.0M	3.3M	3.4M
Other Stockholder Equity	58.2M	62.4M	44.8M	40.8M	39.5M	47.1M
Total Liab	34.3M	33.1M	45.4M	355.1M	694.5M	729.2M
Property Plant And Equipment Gross	425.9M	591.7M	662.4M	883.1M	1.1B	1.2B
Total Current Assets	19.2M	46.2M	54.2M	140.4M	94.0M	98.6M
Accumulated Other Comprehensive Income	(2.1M)	(1.4M)	(1.8M)	633K	(57.5M)	(54.6M)
Short Term Investments	7.1M	23.7M	32.6M	85.4M	3.8M	3.6M
Short Term Debt	46K	41K	90K	511K	373K	354.4K
Other Current Liab	92K	2.3M	1.4M	35.8M	39.0M	41.0M
Other Assets	1.9M	0.0	28.9M	20.6M	23.7M	24.9M
Common Stock Total Equity	405.9M	457.1M	494.9M	704.6M	810.3M	422.4M
Common Stock	494.9M	704.6M	809.3M	856.5M	934.6M	545.0M
Other Liab	30.4M	27.4M	22.7M	27.9M	32.1M	23.0M
Net Tangible Assets	386.6M	415.0M	614.7M	702.3M	807.7M	437.7M
Property Plant Equipment	425.9M	591.7M	662.3M	881.5M	1.0B	1.1B
Capital Surpluse	36.1M	36.1M	36.1M	36.2M	41.6M	37.3M
Long Term Debt Total	228K	207K	182K	244.8M	281.6M	295.7M
Cash And Equivalents	12.9M	37.4M	40.8M	127.8M	147.0M	154.4M
Net Invested Capital	415.0M	614.7M	702.3M	1.0B	1.3B	751.5M
Long Term Investments	2.4M	2.6M	2.4M	1.4M	1.2M	1.8M
Net Working Capital	12.5M	36.0M	36.9M	88.4M	54.5M	41.4M
Capital Stock	494.9M	704.6M	809.3M	856.5M	934.6M	780.4M

Pair Trading with Seabridge Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Seabridge Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Seabridge Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Seabridge Stock

0.7

ORE

Orezone Gold Corp

Pair Corr

Moving against Seabridge Stock

0.59	TSLA	Tesla Inc CDR	Pair Corr
0.44	BRK	Berkshire Hathaway CDR	Pair Corr
0.35	AMZN	Amazon CDR	Pair Corr
0.33	WMT	Walmart Inc CDR	Pair Corr

The ability to find closely correlated positions to Seabridge Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seabridge Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Seabridge Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Seabridge Gold to buy it.

The correlation of Seabridge Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Seabridge Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seabridge Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Seabridge Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Seabridge Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seabridge Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Seabridge Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seabridge Gold Stock:

How To Invest In Seabridge

Details

Is Seabridge Stock a good investment?

Details

What is Seabridge Gold's Net Worth?

Details

Largest Metals & Mining Companies

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Largest Materials Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seabridge Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Seabridge Stock, please use our How to Invest in Seabridge Gold guide.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Please note, there is a significant difference between Seabridge Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seabridge Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seabridge Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Seabridge Free Cash Flow Yield vs Book Value Per Share Analysis

Free Cash Flow Yield vs Book Value Per Share

Free Cash Flow Yield vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Book Value Per Share

Seabridge Gold fundamental ratios Correlations

Seabridge Gold Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Seabridge Gold fundamental ratios Accounts

Pair Trading with Seabridge Gold

Moving together with Seabridge Stock

Moving against Seabridge Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Liabilities Total	+ 1.0	Net Debt

Retained Earnings	- 0.95	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.91	Retained Earnings
Retained Earnings	- 0.91	Property Plant And Equipment Net
Non Current Assets Total	- 0.89	Retained Earnings
Retained Earnings	- 0.88	Total Assets
Common Stock Total Equity	- 0.86	Retained Earnings