Seabridge Stock Based Compensation vs Free Cash Flow Analysis

SEA Stock  CAD 20.32  0.05  0.25%   
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 Stock Based Compensation and its Free Cash Flow 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.

Stock Based Compensation vs Free Cash Flow

Stock Based Compensation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seabridge Gold Stock Based Compensation account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Seabridge Gold's Stock Based Compensation and Free Cash Flow is 0.21. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Free Cash Flow 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 Stock Based Compensation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Seabridge Gold are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Stock Based Compensation i.e., Seabridge Gold's Stock Based Compensation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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 30th 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 Depreciation85K84K132K82.1K
Interest Income176K2.8M4.7M4.9M

Seabridge Gold fundamental ratios Correlations

0.570.920.931.00.89-0.890.940.941.00.940.80.610.70.920.540.630.931.00.820.90.05-0.520.85-0.380.74
0.570.80.60.540.39-0.460.450.460.530.460.840.760.590.430.460.310.460.540.840.40.74-0.230.51-0.180.58
0.920.80.820.890.84-0.70.890.880.890.890.940.770.60.870.50.430.880.890.950.850.35-0.380.82-0.210.63
0.930.60.820.940.67-0.950.780.770.930.760.730.560.850.710.710.720.730.940.760.680.16-0.550.83-0.530.86
1.00.540.890.940.87-0.910.930.931.00.920.760.580.720.90.550.680.911.00.780.880.0-0.550.84-0.440.76
0.890.390.840.670.87-0.640.970.980.890.980.720.530.361.00.220.41.00.870.721.0-0.13-0.380.72-0.130.44
-0.89-0.46-0.7-0.95-0.91-0.64-0.71-0.72-0.9-0.7-0.56-0.45-0.86-0.68-0.58-0.85-0.69-0.91-0.59-0.650.060.64-0.70.68-0.86
0.940.450.890.780.930.97-0.710.970.940.990.780.580.490.970.440.430.980.930.790.97-0.03-0.40.86-0.170.55
0.940.460.880.770.930.98-0.720.970.940.990.770.560.460.990.330.470.990.930.780.99-0.07-0.440.77-0.160.56
1.00.530.890.931.00.89-0.90.940.940.940.770.590.690.920.530.660.921.00.790.90.0-0.550.85-0.410.74
0.940.460.890.760.920.98-0.70.990.990.940.770.570.450.990.390.460.990.920.780.99-0.06-0.440.83-0.170.54
0.80.840.940.730.760.72-0.560.780.770.770.770.730.550.740.450.230.760.761.00.730.58-0.110.71-0.020.54
0.610.760.770.560.580.53-0.450.580.560.590.570.730.450.550.320.140.570.580.750.540.43-0.30.51-0.290.42
0.70.590.60.850.720.36-0.860.490.460.690.450.550.450.410.670.690.430.720.570.380.26-0.410.61-0.650.89
0.920.430.870.710.91.0-0.680.970.990.920.990.740.550.410.260.451.00.90.751.0-0.11-0.410.75-0.170.49
0.540.460.50.710.550.22-0.580.440.330.530.390.450.320.670.260.470.280.550.490.240.29-0.470.81-0.30.73
0.630.310.430.720.680.4-0.850.430.470.660.460.230.140.690.450.470.450.680.250.41-0.24-0.790.49-0.70.77
0.930.460.880.730.911.0-0.690.980.990.920.990.760.570.431.00.280.450.910.771.0-0.08-0.410.76-0.180.5
1.00.540.890.941.00.87-0.910.930.931.00.920.760.580.720.90.550.680.910.780.880.0-0.550.84-0.440.76
0.820.840.950.760.780.72-0.590.790.780.790.781.00.750.570.750.490.250.770.780.730.56-0.150.74-0.050.57
0.90.40.850.680.881.0-0.650.970.990.90.990.730.540.381.00.240.411.00.880.73-0.12-0.390.73-0.140.45
0.050.740.350.160.0-0.130.06-0.03-0.070.0-0.060.580.430.26-0.110.29-0.24-0.080.00.56-0.120.380.140.20.13
-0.52-0.23-0.38-0.55-0.55-0.380.64-0.4-0.44-0.55-0.44-0.11-0.3-0.41-0.41-0.47-0.79-0.41-0.55-0.15-0.390.38-0.470.59-0.63
0.850.510.820.830.840.72-0.70.860.770.850.830.710.510.610.750.810.490.760.840.740.730.14-0.47-0.250.66
-0.38-0.18-0.21-0.53-0.44-0.130.68-0.17-0.16-0.41-0.17-0.02-0.29-0.65-0.17-0.3-0.7-0.18-0.44-0.05-0.140.20.59-0.25-0.51
0.740.580.630.860.760.44-0.860.550.560.740.540.540.420.890.490.730.770.50.760.570.450.13-0.630.66-0.51
Click cells to compare fundamentals

Seabridge Gold Account Relationship Matchups

Seabridge Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets449.4M647.8M747.7M1.1B1.4B1.4B
Other Current Liab4.4M7.6M7.0M35.8M11.7M6.5M
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 Payable2.3M2.5M10.2M15.7M27.3M28.7M
Cash8.8M17.5M11.5M46.2M82.4M86.6M
Non Current Assets Total430.2M601.6M693.6M955.2M1.3B1.3B
Non Currrent Assets Other1.9M7.3M28.9M72.3M127.3M133.7M
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 Total27.7M22.9M28.1M303.1M581.6M610.7M
Other Current Assets1.1M2.2M10.0M4.9M3.3M2.0M
Other Stockholder Equity36.1M36.1M36.1M36.2M39.5M35.9M
Total Liab34.3M33.1M45.4M355.1M621.0M652.1M
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 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

  0.75ORE Orezone Gold CorpPairCorr

Moving against Seabridge Stock

  0.54BRK Berkshire Hathaway CDRPairCorr
  0.46WMT Walmart Inc CDRPairCorr
  0.41AMZN Amazon CDRPairCorr
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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.