Seabridge Gold Balance Sheet Health
Financial Health criteria checks 1/6
Seabridge Gold has a total shareholder equity of CA$729.9M and total debt of CA$573.9M, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are CA$1.4B and CA$621.0M respectively.
Key information
78.6%
Debt to equity ratio
CA$573.89m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$86.19m |
| Equity | CA$729.92m |
| Total liabilities | CA$621.04m |
| Total assets | CA$1.35b |
Recent financial health updates
Seabridge Gold (TSE:SEA) Is Making Moderate Use Of Debt
Jan 20
Does Seabridge Gold (TSE:SEA) Have A Healthy Balance Sheet?
Oct 11Would Seabridge Gold (TSE:SEA) Be Better Off With Less Debt?
Jul 13Seabridge Gold (TSE:SEA) Is Carrying A Fair Bit Of Debt
Apr 04Is Seabridge Gold (TSE:SEA) A Risky Investment?
Jun 24Recent updates
Seabridge Gold (TSE:SEA) Is Making Moderate Use Of Debt
Jan 20Does Seabridge Gold (TSE:SEA) Have A Healthy Balance Sheet?
Oct 11Would Seabridge Gold (TSE:SEA) Be Better Off With Less Debt?
Jul 13Seabridge Gold (TSE:SEA) Is Carrying A Fair Bit Of Debt
Apr 04Is Seabridge Gold (TSE:SEA) A Risky Investment?
Jun 24The President of Seabridge Gold Inc. (TSE:SEA), Jay Layman, Just Sold 76% Of Their Holding
Feb 17What Kind Of Shareholders Hold The Majority In Seabridge Gold Inc.'s (TSE:SEA) Shares?
Jan 19Have Insiders Been Selling Seabridge Gold Inc. (TSE:SEA) Shares?
Nov 24
Financial Position Analysis
Short Term Liabilities: SEA's short term assets (CA$94.0M) exceed its short term liabilities (CA$39.4M).
Long Term Liabilities: SEA's short term assets (CA$94.0M) do not cover its long term liabilities (CA$581.6M).
Debt to Equity History and Analysis
Debt Level: SEA's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: SEA's debt to equity ratio has increased from 0% to 78.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SEA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SEA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.4% each year