Seabridge Accounts Payable vs Cash And Short Term Investments Analysis

SA Stock  USD 14.76  0.37  2.57%   
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 Accounts Payable and its Cash And 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 tightly coupled 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.

Accounts Payable vs Cash And Short Term Investments

Accounts Payable vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seabridge Gold Accounts Payable account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Seabridge Gold's Accounts Payable and Cash And Short Term Investments is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And 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 Accounts Payable and Cash 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 Accounts Payable of Seabridge Gold are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., Seabridge Gold's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Seabridge Gold obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Seabridge Gold are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Seabridge Gold balance sheet. This account contains Seabridge Gold investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Seabridge Gold fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
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 tightly coupled 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 Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 10.9 M.
 2021 2022 2023 2024 (projected)
Other Operating Expenses18.8M22.8M17.7M11.5M
Depreciation And Amortization85K84K385K365.8K

Seabridge Gold fundamental ratios Correlations

0.910.921.00.9-0.880.950.951.00.660.790.60.680.920.650.270.930.810.910.90.760.910.850.950.90.02
0.910.820.890.84-0.70.890.880.890.860.940.770.60.850.60.030.870.950.850.950.590.770.820.830.730.35
0.920.820.940.67-0.950.790.770.920.690.730.560.850.70.790.480.710.760.680.70.830.960.820.850.980.16
1.00.890.940.87-0.910.930.931.00.650.760.580.720.890.670.350.90.780.880.860.80.940.840.940.930.0
0.90.840.670.87-0.640.970.980.90.490.720.530.361.00.380.01.00.721.00.950.540.690.720.90.65-0.13
-0.88-0.7-0.95-0.91-0.64-0.71-0.72-0.89-0.54-0.56-0.45-0.86-0.67-0.64-0.67-0.68-0.59-0.65-0.62-0.91-0.96-0.7-0.78-0.980.06
0.950.890.790.930.97-0.710.970.950.590.780.580.50.970.590.020.980.790.970.930.60.770.860.940.74-0.03
0.950.880.770.930.98-0.720.970.950.560.770.560.460.990.490.070.990.780.990.950.620.780.770.950.74-0.07
1.00.890.921.00.9-0.890.950.950.630.760.580.670.920.640.30.930.780.910.880.770.920.840.960.9-0.03
0.660.860.690.650.49-0.540.590.560.630.830.740.580.50.68-0.010.530.840.50.680.470.630.740.550.550.59
0.790.940.730.760.72-0.560.780.770.760.830.730.550.720.55-0.10.741.00.730.870.440.610.710.710.630.58
0.60.770.560.580.53-0.450.580.560.580.740.730.450.530.360.020.550.750.540.680.230.520.50.510.480.43
0.680.60.850.720.36-0.860.50.460.670.580.550.450.40.660.570.420.570.380.440.750.790.60.530.860.26
0.920.850.70.891.0-0.670.970.990.920.50.720.530.40.410.041.00.731.00.950.580.720.740.910.68-0.14
0.650.60.790.670.38-0.640.590.490.640.680.550.360.660.410.130.420.590.390.40.580.730.890.660.680.24
0.270.030.480.350.0-0.670.020.070.3-0.01-0.10.020.570.040.130.04-0.080.01-0.040.640.530.020.150.61-0.25
0.930.870.710.91.0-0.680.980.990.930.530.740.550.421.00.420.040.751.00.960.580.730.750.910.69-0.11
0.810.950.760.780.72-0.590.790.780.780.841.00.750.570.730.59-0.080.750.730.870.460.650.740.740.660.56
0.910.850.680.881.0-0.650.970.990.910.50.730.540.381.00.390.011.00.730.950.550.70.730.910.66-0.12
0.90.950.70.860.95-0.620.930.950.880.680.870.680.440.950.4-0.040.960.870.950.530.680.730.840.650.16
0.760.590.830.80.54-0.910.60.620.770.470.440.230.750.580.580.640.580.460.550.530.890.620.650.88-0.1
0.910.770.960.940.69-0.960.770.780.920.630.610.520.790.720.730.530.730.650.70.680.890.790.860.95-0.04
0.850.820.820.840.72-0.70.860.770.840.740.710.50.60.740.890.020.750.740.730.730.620.790.830.720.13
0.950.830.850.940.9-0.780.940.950.960.550.710.510.530.910.660.150.910.740.910.840.650.860.830.81-0.09
0.90.730.980.930.65-0.980.740.740.90.550.630.480.860.680.680.610.690.660.660.650.880.950.720.810.04
0.020.350.160.0-0.130.06-0.03-0.07-0.030.590.580.430.26-0.140.24-0.25-0.110.56-0.120.16-0.1-0.040.13-0.090.04
Click cells to compare fundamentals

Seabridge Gold Account Relationship Matchups

Seabridge Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets449.4M647.8M747.7M1.1B1.4B1.5B
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 Payable2.3M2.5M10.3M15.7M27.3M28.7M
Cash8.8M17.5M11.5M46.2M82.4M86.6M
Non Current Assets Total430.2M601.6M693.6M955.2M1.3B1.4B
Non Currrent Assets Other1.9M7.3M28.9M72.3M21.4M22.4M
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 Total27.7M22.9M28.1M303.1M655.1M687.8M
Other Current Assets1.1M2.2M8.0M4.0M3.3M3.4M
Other Stockholder Equity58.2M62.4M44.8M40.8M39.5M47.1M
Total Liab34.3M33.1M45.4M355.1M694.5M729.2M
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 Long Term Debt Total274K248K272K265.2M575.3M604.1M
Other Current Liab92K2.3M1.4M35.8M39.0M41.0M
Other Liab30.4M27.4M22.7M27.9M32.1M33.7M
Net Tangible Assets386.6M415.0M614.7M702.3M807.7M848.1M
Other Assets1.9M0.028.9M20.6M23.7M24.9M
Common Stock Total Equity405.9M457.1M494.9M614.7M706.9M742.3M
Short Term Investments7.1M23.7M32.6M85.4M3.8M3.6M
Long Term Investments2.4M2.6M2.4M1.4M1.2M629.4K
Property Plant And Equipment Gross425.9M591.7M662.4M883.1M1.1B1.2B
Short Term Debt46K41K90K511K373K391.7K
Common Stock494.9M704.6M809.3M856.5M934.6M981.3M
Property Plant Equipment425.9M591.7M662.3M881.5M1.0B1.1B
Long Term Debt Total228K207K182K264.7M304.4M319.6M
Capital Surpluse36.1M36.1M36.1M36.2M41.6M34.5M
Capital Lease Obligations274K248K272K1.6M1.4M1.5M
Cash And Equivalents12.9M37.4M40.8M127.8M147.0M154.4M
Net Invested Capital415.0M614.7M702.3M1.0B1.3B751.5M
Net Working Capital12.5M36.0M36.9M88.4M54.5M41.4M
Capital Stock494.9M704.6M809.3M856.5M934.6M780.4M

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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 tightly coupled 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.
Note that the Seabridge Gold information on this page should be used as a complementary analysis to other Seabridge Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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Is Seabridge Gold's industry 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
(0.54)
Earnings Share
(0.23)
Return On Assets
(0.01)
Return On Equity
(0.04)
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.