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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SRM's short term assets (CA$94.0M) exceed its short term liabilities (CA$39.4M).
Long Term Liabilities: SRM'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: SRM's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: SRM'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: SRM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SRM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.4% each year