Seabridge Historical Balance Sheet

SEA Stock  CAD 20.26  0.81  3.84%   
Trend analysis of Seabridge Gold balance sheet accounts such as Net Debt of 517.5 M, Accounts Payable of 28.7 M, Cash of 86.6 M or Non Current Assets Total of 1.4 B provides information on Seabridge Gold's total assets, liabilities, and equity, which is the actual value of Seabridge Gold to its prevalent stockholders. By breaking down trends over time using Seabridge Gold balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Seabridge Gold latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Seabridge Gold is a good buy for the upcoming year.

Seabridge Gold Inventory

(3.4 Million)

  
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.

About Seabridge Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Seabridge Gold at a specified time, usually calculated after every quarter, six months, or one year. Seabridge Gold Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Seabridge Gold and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Seabridge currently owns. An asset can also be divided into two categories, current and non-current.

Seabridge Gold Balance Sheet Chart

At this time, Seabridge Gold's Cash is very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 1.4 B, though Retained Earnings are likely to grow to (177.3 M).

Total Assets

Total assets refers to the total amount of Seabridge Gold assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Seabridge Gold books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Seabridge Gold balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Seabridge Gold are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Seabridge Gold's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Cash is very stable compared to the past year. As of the 26th of November 2024, Non Current Assets Total is likely to grow to about 1.4 B, though Retained Earnings are likely to grow to (177.3 M).
 2021 2022 2023 2024 (projected)
Total Current Liabilities17.3M52.0M39.4M41.4M
Total Assets747.7M1.1B1.4B1.5B

Seabridge Gold balance sheet Correlations

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0.660.860.690.650.49-0.540.590.560.630.830.740.580.50.68-0.010.530.650.840.50.59-0.430.680.74-0.220.63
0.790.940.730.760.72-0.560.780.770.760.830.730.550.720.52-0.10.740.761.00.730.58-0.110.860.71-0.020.54
0.60.770.560.580.53-0.450.580.560.580.740.730.450.530.370.020.550.580.750.540.43-0.30.680.51-0.290.42
0.680.60.850.720.36-0.860.50.460.670.580.550.450.40.680.570.420.720.570.380.26-0.410.420.61-0.650.89
0.920.850.70.891.0-0.670.970.990.920.50.720.530.40.420.041.00.890.731.0-0.14-0.40.950.74-0.170.47
0.670.610.810.690.39-0.680.590.490.660.680.520.370.680.420.20.440.690.560.40.19-0.540.40.89-0.330.76
0.270.030.480.350.0-0.670.020.070.3-0.01-0.10.020.570.040.20.040.35-0.080.01-0.25-0.48-0.060.03-0.830.47
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0.810.950.760.780.72-0.590.790.780.780.841.00.750.570.730.56-0.080.750.780.730.56-0.150.870.74-0.050.57
0.910.850.680.881.0-0.650.970.990.910.50.730.540.381.00.40.011.00.880.73-0.12-0.390.950.73-0.140.45
0.020.350.160.0-0.130.06-0.03-0.07-0.030.590.580.430.26-0.140.19-0.25-0.110.00.56-0.120.380.150.140.20.13
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0.850.820.830.840.72-0.70.860.770.840.740.710.510.610.740.890.030.750.840.740.730.14-0.470.72-0.250.66
-0.37-0.21-0.53-0.44-0.130.68-0.17-0.16-0.39-0.22-0.02-0.29-0.65-0.17-0.33-0.83-0.17-0.44-0.05-0.140.20.59-0.12-0.25-0.51
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Click cells to compare fundamentals

Seabridge Gold Account Relationship Matchups

Seabridge Gold balance sheet Accounts

201920202021202220232024 (projected)
Total Assets449.4M647.8M747.7M1.1B1.4B1.5B
Total Current Liabilities6.7M10.2M17.3M52.0M39.4M41.4M
Total Stockholder Equity415.0M614.7M702.3M740.5M729.9M766.4M
Property Plant And Equipment Net425.9M591.7M662.3M881.5M1.1B1.2B
Net Debt(8.5M)(17.3M)(11.3M)219.0M492.9M517.5M
Retained Earnings(135.9M)(150.9M)(150.0M)(157.4M)(186.6M)(177.3M)
Accounts Payable2.3M2.5M10.3M15.7M27.3M28.7M
Cash8.8M17.5M11.5M46.2M82.4M86.6M
Non Current Assets Total430.2M601.6M693.6M955.2M1.3B1.4B
Non Currrent Assets Other1.9M7.3M28.9M72.3M21.4M22.4M
Cash And Short Term Investments15.9M41.3M44.1M131.5M86.2M90.5M
Net Receivables2.2M2.8M2.0M8.9M4.5M4.7M
Common Stock Shares Outstanding62.4M66.4M77.6M80.1M83.0M51.0M
Liabilities And Stockholders Equity449.4M647.8M747.7M1.1B1.4B1.5B
Non Current Liabilities Total27.7M22.9M28.1M303.1M655.1M687.8M
Other Current Assets1.1M2.2M8.0M4.0M3.3M3.4M
Other Stockholder Equity58.2M62.4M44.8M40.8M39.5M47.1M
Total Liab34.3M33.1M45.4M355.1M694.5M729.2M
Property Plant And Equipment Gross425.9M591.7M662.4M883.1M1.1B1.2B
Total Current Assets19.2M46.2M54.2M140.4M94.0M98.6M
Accumulated Other Comprehensive Income(2.1M)(1.4M)(1.8M)633K(57.5M)(54.6M)
Short Term Investments7.1M23.7M32.6M85.4M3.8M3.6M
Short Term Debt46K41K90K511K373K354.4K
Other Current Liab92K2.3M1.4M35.8M39.0M41.0M
Other Assets1.9M0.028.9M20.6M23.7M24.9M
Common Stock Total Equity405.9M457.1M494.9M704.6M810.3M422.4M
Common Stock494.9M704.6M809.3M856.5M934.6M545.0M
Other Liab30.4M27.4M22.7M27.9M32.1M23.0M
Net Tangible Assets386.6M415.0M614.7M702.3M807.7M437.7M
Property Plant Equipment425.9M591.7M662.3M881.5M1.0B1.1B
Capital Surpluse36.1M36.1M36.1M36.2M41.6M37.3M
Long Term Debt Total228K207K182K244.8M281.6M295.7M
Cash And Equivalents12.9M37.4M40.8M127.8M147.0M154.4M
Net Invested Capital415.0M614.7M702.3M1.0B1.3B751.5M
Long Term Investments2.4M2.6M2.4M1.4M1.2M1.8M
Net Working Capital12.5M36.0M36.9M88.4M54.5M41.4M
Capital Stock494.9M704.6M809.3M856.5M934.6M780.4M

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

  0.7ORE Orezone Gold CorpPairCorr

Moving against Seabridge Stock

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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 CorrelationCorrelation 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:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.