Seabridge Gold (Seabridge Gold) Cash-to-Debt

: 0.15 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Seabridge Gold's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Seabridge Gold couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Seabridge Gold's Cash-to-Debt or its related term are showing as below:

SA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 5083.02 Max: No Debt
Current: 0.15

During the past 13 years, Seabridge Gold's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 5083.02.

SA's Cash-to-Debt is ranked worse than
87.47% of 2633 companies
in the Metals & Mining industry
Industry Median: 18.1 vs SA: 0.15

Seabridge Gold Cash-to-Debt Historical Data

The historical data trend for Seabridge Gold's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 58.19 [6] => 166.04 [7] => 162.64 [8] => 0.50 [9] => 0.15 )

Seabridge Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

58.19

166.04

162.64

0.50

0.15

Seabridge Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.50	0.15	0.45	0.27	0.15

Competitive Comparison

For the Gold subindustry, Seabridge Gold's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Seabridge Gold Cash-to-Debt Distribution

For the Metals & Mining industry and Basic Materials sector, Seabridge Gold's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Seabridge Gold's Cash-to-Debt falls into.

Seabridge Gold Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Seabridge Gold's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	64.243	/	(0.278	+	428.556)
	=	0.15

Seabridge Gold's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	64.243	/	(0.278	+	428.556)
	=	0.15

Seabridge Gold (NYSE:SA) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Seabridge Gold Cash-to-Debt Related Terms

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Seabridge Gold (Seabridge Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Seabridge Gold Inc (NYSE:SA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SRM:Germany SRM:Germany SEA:Canada

Address

106 Front Street East, Suite 400, Toronto, ON, CAN, M5A 1E1

Website

https://www.seabridgegold.com

Seabridge Gold Inc is a development stage company involved in the evaluation, acquisition, exploration, and development of gold properties sited in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia, the Courageous Lake property located in the Northwest Territories and its newly acquired Iksut Property located in northwestern British Columbia. It has various other mineral resource projects throughout North America.