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
Seabridge Still An Effective Call Option On Gold And Copper Prices
Feb 22Seabridge Gold: Relevant Upside Potential As Gold Turns Bullish
Dec 02Seabridge Is Poised For A Strong Recovery With Bullish Gold Prices
Sep 14Seabridge Gold: An Attractive Valuation While Gold Is Weakening
Jun 29Seabridge Gold: The KSM Project In Focus This Year
Feb 06Seabridge Gold's Stock Doesn't Look Attractive; Shares Could Fall Further
Oct 30Seabridge Gold GAAP EPS of $0.24
Aug 15Seabridge Offers Huge Gold/Copper Reserves At Deep Discount
Jul 20Seabridge Gold: Patience Is Required
Apr 07Seabridge Gold: Under Pressure As Gold Price Is Weakening
Jan 07Seabridge Gold: A Strong Relative Strength Pick
Nov 22Seabridge Gold: The KSM Gold-Copper Project
Aug 31Perhaps The Most Valuable Undeveloped Gold/Copper Resource In The World: Seabridge's KSM+
Jun 19Seabridge Gold: Entering 2021
Jan 06Huge Gold/Copper Reserves At Pennies On The Dollar: Seabridge
Nov 15Seabridge Gold reports Q3 results
Nov 12Financial Position Analysis
Short Term Liabilities: SA's short term assets (CA$94.0M) exceed its short term liabilities (CA$39.4M).
Long Term Liabilities: SA'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: SA's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: SA'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: SA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.4% each year