Seabridge Total Assets vs Short Term Investments Analysis

SA Stock  USD 29.83  0.24  0.81%   
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 Total Assets and its Short Term Investments 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 nation.
For information on how to trade Seabridge Stock refer to our How to Trade Seabridge Stock guide.

Total Assets vs Short Term Investments

Total Assets vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seabridge Gold Total Assets account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Seabridge Gold's Total Assets and Short Term Investments is -0.16. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Short Term Investments 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 Total Assets and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Seabridge Gold are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Total Assets i.e., Seabridge Gold's Total Assets and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Seabridge Gold balance sheet. It contains any investments Seabridge Gold undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Seabridge Gold can easily liquidate in the marketplace.
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 nation.
For information on how to trade Seabridge Stock refer to our How to Trade Seabridge Stock guide.At present, Seabridge Gold's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 13.7 M, whereas Issuance Of Capital Stock is forecasted to decline to about 66 M.
 2023 2024 2025 2026 (projected)
Other Operating Expenses17.4M21.6M24.9M26.1M
Depreciation And Amortization132K136K156.4K148.6K

Seabridge Gold fundamental ratios Correlations

0.60.740.971.00.95-0.90.710.931.00.970.550.30.760.960.520.590.960.550.950.750.89-0.760.970.87-0.16
0.60.90.620.570.48-0.540.60.610.570.510.860.270.560.510.610.410.540.860.490.530.61-0.130.480.590.57
0.740.90.720.710.65-0.650.880.820.710.680.910.450.650.680.760.450.70.920.670.550.7-0.370.680.660.39
0.970.620.720.970.83-0.940.660.840.960.880.550.410.830.850.630.690.860.560.840.820.95-0.610.930.96-0.07
1.00.570.710.970.94-0.910.690.911.00.960.510.290.770.950.510.610.950.520.940.770.9-0.760.970.88-0.19
0.950.480.650.830.94-0.760.680.930.950.990.460.120.61.00.310.41.00.451.00.580.73-0.890.940.68-0.28
-0.9-0.54-0.65-0.94-0.91-0.76-0.64-0.79-0.9-0.79-0.46-0.35-0.89-0.79-0.6-0.8-0.79-0.48-0.77-0.89-0.950.62-0.85-0.950.2
0.710.60.880.660.690.68-0.640.870.690.690.750.480.620.70.740.470.720.760.70.510.65-0.550.720.610.08
0.930.610.820.840.910.93-0.790.870.920.930.660.250.680.940.570.510.950.660.940.630.79-0.810.930.74-0.13
1.00.570.710.961.00.95-0.90.690.920.970.510.280.760.960.50.590.960.510.950.760.89-0.780.970.87-0.2
0.970.510.680.880.960.99-0.790.690.930.970.490.210.640.990.390.450.990.480.990.620.78-0.850.970.72-0.24
0.550.860.910.550.510.46-0.460.750.660.510.490.380.60.490.690.290.511.00.480.350.49-0.210.50.510.63
0.30.270.450.410.290.12-0.350.480.250.280.210.380.460.140.730.260.160.440.140.210.460.090.320.410.22
0.760.560.650.830.770.6-0.890.620.680.760.640.60.460.630.650.720.640.620.620.760.82-0.460.70.860.01
0.960.510.680.850.951.0-0.790.70.940.960.990.490.140.630.350.441.00.481.00.610.76-0.880.950.71-0.26
0.520.610.760.630.510.31-0.60.740.570.50.390.690.730.650.350.660.380.730.340.580.7-0.060.520.660.31
0.590.410.450.690.610.4-0.80.470.510.590.450.290.260.720.440.660.440.310.410.910.81-0.260.540.77-0.17
0.960.540.70.860.951.0-0.790.720.950.960.990.510.160.641.00.380.440.511.00.620.77-0.870.950.72-0.23
0.550.860.920.560.520.45-0.480.760.660.510.481.00.440.620.480.730.310.510.470.360.51-0.20.50.520.63
0.950.490.670.840.941.0-0.770.70.940.950.990.480.140.621.00.340.411.00.470.590.74-0.890.950.69-0.27
0.750.530.550.820.770.58-0.890.510.630.760.620.350.210.760.610.580.910.620.360.590.9-0.410.670.89-0.16
0.890.610.70.950.90.73-0.950.650.790.890.780.490.460.820.760.70.810.770.510.740.9-0.510.850.95-0.12
-0.76-0.13-0.37-0.61-0.76-0.890.62-0.55-0.81-0.78-0.85-0.210.09-0.46-0.88-0.06-0.26-0.87-0.2-0.89-0.41-0.51-0.81-0.480.54
0.970.480.680.930.970.94-0.850.720.930.970.970.50.320.70.950.520.540.950.50.950.670.85-0.810.8-0.24
0.870.590.660.960.880.68-0.950.610.740.870.720.510.410.860.710.660.770.720.520.690.890.95-0.480.8-0.04
-0.160.570.39-0.07-0.19-0.280.20.08-0.13-0.2-0.240.630.220.01-0.260.31-0.17-0.230.63-0.27-0.16-0.120.54-0.24-0.04
Click cells to compare fundamentals

Seabridge Gold Account Relationship Matchups

Seabridge Gold fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets747.7M1.1B1.4B1.5B1.7B1.8B
Other Current Liab7.0M35.8M11.7M11.4M13.2M13.8M
Total Current Liabilities17.3M52.0M39.4M20.3M23.4M24.5M
Total Stockholder Equity702.3M740.5M729.9M843.0M969.5M1.0B
Property Plant And Equipment Net662.3M881.5M1.1B1.3B1.4B1.5B
Net Debt(11.3M)219.0M492.9M514.1M591.2M620.8M
Retained Earnings(150.0M)(157.4M)(186.6M)(217.9M)(196.1M)(186.3M)
Accounts Payable10.2M15.7M27.3M8.5M9.8M10.3M
Cash11.5M46.2M82.4M49.8M57.3M60.2M
Non Current Assets Total693.6M955.2M1.3B1.4B1.6B1.7B
Non Currrent Assets Other28.9M72.3M127.3M142.3M163.6M171.8M
Cash And Short Term Investments44.1M131.5M86.2M55.2M63.5M33.6M
Net Receivables10.0M4.9M4.5M2.9M3.4M2.2M
Common Stock Shares Outstanding77.6M80.1M83.0M88.8M102.1M53.0M
Liabilities And Stockholders Equity747.7M1.1B1.4B1.5B1.7B1.8B
Non Current Liabilities Total28.1M303.1M581.6M589.4M677.8M711.7M
Other Current Assets10.0M8.9M7.8M2.9M3.4M2.5M
Other Stockholder Equity36.1M44.8M36.2M39.5M35.5M33.1M
Total Liab45.4M355.1M621.0M609.7M701.2M736.2M
Total Current Assets54.2M140.4M94.0M58.1M66.9M36.7M
Accumulated Other Comprehensive Income(1.8M)5.3M(57.5M)(30.3M)(27.3M)(25.9M)
Short Long Term Debt Total272K265.2M575.3M563.9M648.5M680.9M
Other Assets28.9M20.6M(73.4M)(65.1M)(58.6M)(55.6M)
Short Term Investments32.6M85.4M3.8M5.4M6.2M5.9M
Long Term Investments2.4M1.4M1.2M913K1.0M645.7K
Property Plant And Equipment Gross662.4M883.1M1.1B1.3B1.4B1.5B
Short Term Debt90K511K373K348K400.2K420.2K
Common Stock809.3M856.5M934.6M1.1B1.2B1.3B
Property Plant Equipment662.3M881.5M1.1B1.3B1.4B1.5B
Long Term Debt Total182K264.7M575.0M563.6M648.1M680.5M
Capital Surpluse36.1M36.1M36.2M39.5M45.4M36.1M
Capital Lease Obligations272K1.6M1.4M1.4M1.6M1.6M
Cash And Equivalents40.8M127.8M82.4M49.8M57.3M48.3M
Net Invested Capital702.3M1.0B1.3B1.4B1.6B850.8M
Net Working Capital36.9M88.4M54.5M37.8M43.5M41.5M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 nation.
For information on how to trade Seabridge Stock refer to our How to Trade Seabridge Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seabridge Gold. If investors know Seabridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seabridge Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(0.39)
Return On Assets
(0.01)
Return On Equity
(0.05)
The market value of Seabridge Gold is measured differently than its book value, which is the value of Seabridge that is recorded on the company's balance sheet. Investors also form their own opinion of Seabridge Gold's value that differs from its market value or its book value, called intrinsic value, which is Seabridge Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seabridge Gold's market value can be influenced by many factors that don't directly affect Seabridge Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.