Seabridge Accounts Payable vs Common Stock Total Equity Analysis
SA Stock | USD 15.13 0.75 5.22% |
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 Common Stock Total Equity 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 Common Stock Total Equity
Accounts Payable vs Common Stock Total Equity 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 Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Seabridge Gold's Accounts Payable and Common Stock Total Equity is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Total Equity 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 Common Stock Total Equity 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 Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Accounts Payable i.e., Seabridge Gold's Accounts Payable and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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 Expenses | 18.8M | 22.8M | 17.7M | 11.5M | Depreciation And Amortization | 85K | 84K | 385K | 365.8K |
Seabridge Gold fundamental ratios Correlations
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Seabridge Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seabridge Gold fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 449.4M | 647.8M | 747.7M | 1.1B | 1.4B | 1.5B | |
Total Current Liabilities | 6.7M | 10.2M | 17.3M | 52.0M | 39.4M | 41.4M | |
Total Stockholder Equity | 415.0M | 614.7M | 702.3M | 740.5M | 729.9M | 766.4M | |
Property Plant And Equipment Net | 425.9M | 591.7M | 662.3M | 881.5M | 1.1B | 1.2B | |
Net Debt | (8.5M) | (17.3M) | (11.3M) | 219.0M | 492.9M | 517.5M | |
Retained Earnings | (135.9M) | (150.9M) | (150.0M) | (157.4M) | (186.6M) | (177.3M) | |
Accounts Payable | 2.3M | 2.5M | 10.3M | 15.7M | 27.3M | 28.7M | |
Cash | 8.8M | 17.5M | 11.5M | 46.2M | 82.4M | 86.6M | |
Non Current Assets Total | 430.2M | 601.6M | 693.6M | 955.2M | 1.3B | 1.4B | |
Non Currrent Assets Other | 1.9M | 7.3M | 28.9M | 72.3M | 21.4M | 22.4M | |
Cash And Short Term Investments | 15.9M | 41.3M | 44.1M | 131.5M | 86.2M | 90.5M | |
Net Receivables | 2.2M | 2.8M | 2.0M | 8.9M | 4.5M | 4.7M | |
Common Stock Shares Outstanding | 62.4M | 66.4M | 77.6M | 80.1M | 83.0M | 51.0M | |
Liabilities And Stockholders Equity | 449.4M | 647.8M | 747.7M | 1.1B | 1.4B | 1.5B | |
Non Current Liabilities Total | 27.7M | 22.9M | 28.1M | 303.1M | 655.1M | 687.8M | |
Other Current Assets | 1.1M | 2.2M | 8.0M | 4.0M | 3.3M | 3.4M | |
Other Stockholder Equity | 58.2M | 62.4M | 44.8M | 40.8M | 39.5M | 47.1M | |
Total Liab | 34.3M | 33.1M | 45.4M | 355.1M | 694.5M | 729.2M | |
Total Current Assets | 19.2M | 46.2M | 54.2M | 140.4M | 94.0M | 98.6M | |
Accumulated Other Comprehensive Income | (2.1M) | (1.4M) | (1.8M) | 633K | (57.5M) | (54.6M) | |
Short Long Term Debt Total | 274K | 248K | 272K | 265.2M | 575.3M | 604.1M | |
Other Current Liab | 92K | 2.3M | 1.4M | 35.8M | 39.0M | 41.0M | |
Other Liab | 30.4M | 27.4M | 22.7M | 27.9M | 32.1M | 33.7M | |
Net Tangible Assets | 386.6M | 415.0M | 614.7M | 702.3M | 807.7M | 848.1M | |
Other Assets | 1.9M | 0.0 | 28.9M | 20.6M | 23.7M | 24.9M | |
Common Stock Total Equity | 405.9M | 457.1M | 494.9M | 614.7M | 706.9M | 742.3M | |
Short Term Investments | 7.1M | 23.7M | 32.6M | 85.4M | 3.8M | 3.6M | |
Long Term Investments | 2.4M | 2.6M | 2.4M | 1.4M | 1.2M | 629.4K | |
Property Plant And Equipment Gross | 425.9M | 591.7M | 662.4M | 883.1M | 1.1B | 1.2B | |
Short Term Debt | 46K | 41K | 90K | 511K | 373K | 391.7K | |
Common Stock | 494.9M | 704.6M | 809.3M | 856.5M | 934.6M | 981.3M | |
Property Plant Equipment | 425.9M | 591.7M | 662.3M | 881.5M | 1.0B | 1.1B | |
Long Term Debt Total | 228K | 207K | 182K | 264.7M | 304.4M | 319.6M | |
Capital Surpluse | 36.1M | 36.1M | 36.1M | 36.2M | 41.6M | 34.5M | |
Capital Lease Obligations | 274K | 248K | 272K | 1.6M | 1.4M | 1.5M | |
Cash And Equivalents | 12.9M | 37.4M | 40.8M | 127.8M | 147.0M | 154.4M | |
Net Invested Capital | 415.0M | 614.7M | 702.3M | 1.0B | 1.3B | 751.5M | |
Net Working Capital | 12.5M | 36.0M | 36.9M | 88.4M | 54.5M | 41.4M | |
Capital Stock | 494.9M | 704.6M | 809.3M | 856.5M | 934.6M | 780.4M |
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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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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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.