Seabridge Historical Balance Sheet
SEA Stock | CAD 20.32 0.05 0.25% |
Trend analysis of Seabridge Gold balance sheet accounts such as Property Plant And Equipment Net of 1.2 B, Net Debt of 517.5 M, Accounts Payable of 28.7 M or Cash of 86.6 M 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.
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 |
|
Seabridge |
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
Add Fundamental
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 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.Accounts Payable
An accounting item on the balance sheet that represents Seabridge Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Seabridge Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Cash
Cash refers to the most liquid asset of Seabridge Gold, which is listed under current asset account on Seabridge Gold balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Seabridge Gold customers. The amounts must be unrestricted with restricted cash listed in a different Seabridge Gold account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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 30th of November 2024, Non Current Assets Total is likely to grow to about 1.3 B, while Other Current Liabilities is likely to drop about 6.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 702.3M | 740.5M | 729.9M | 766.4M | Total Current Liabilities | 17.3M | 52.0M | 39.4M | 41.4M |
Seabridge Gold balance sheet Correlations
Click cells to compare fundamentals
Seabridge Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seabridge Gold balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 449.4M | 647.8M | 747.7M | 1.1B | 1.4B | 1.4B | |
Other Current Liab | 4.4M | 7.6M | 7.0M | 35.8M | 11.7M | 6.5M | |
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 | 10.2M | 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 | 1.3B | |
Non Currrent Assets Other | 1.9M | 7.3M | 28.9M | 72.3M | 127.3M | 133.7M | |
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 | 581.6M | 610.7M | |
Other Current Assets | 1.1M | 2.2M | 10.0M | 4.9M | 3.3M | 2.0M | |
Other Stockholder Equity | 36.1M | 36.1M | 36.1M | 36.2M | 39.5M | 35.9M | |
Total Liab | 34.3M | 33.1M | 45.4M | 355.1M | 621.0M | 652.1M | |
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 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
Moving against Seabridge Stock
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.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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.