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Seabridge Gold Inc (NYSE: SA) |
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Seabridge Gold Inc 's Working Capital Ratio
SA's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 2.38 a new company low.
Within Metal Mining industry 38 other companies have achieved higher Working Capital Ratio than Seabridge Gold Inc in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 1460 to 1844.
Explain Working Capital Ratio
How much Current Assetss SA´s has?
What are SA´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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SA Working Capital Ratio |
(Dec 31 2023) Q4 |
0 Q3 |
0 Q2 |
0 Q1 |
(Dec 31 2019) Q4 |
Y / Y Current Liabilities Change |
489.08 % |
489.08 % |
489.08 % |
489.08 % |
2.89 % |
Y / Y Current Assets Change |
389 % |
389 % |
389 % |
389 % |
-21.49 % |
Working Capital Ratio MRQ |
2.38 |
2.38 |
2.38 |
2.38 |
2.87 |
SA's Total
Ranking |
# 1844 |
# 1460 |
# 1413 |
# 1843 |
# |
Seq. Current Liabilities Change |
0 % |
0 % |
0 % |
489.08 % |
0 % |
Seq. Current Assets Change |
0 % |
0 % |
0 % |
389 % |
0 % |
Working Capital Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Metal Mining Industry |
# 39 |
Basic Materials Sector |
# 140 |
Overall Market |
# 1844 |
Working Capital Ratio Statistics |
High |
Average |
Low |
3.76 |
3.01 |
2.38 |
(Dec 31 2018) |
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(Dec 31 2023) |
Cumulative Seabridge Gold Inc 's Working Capital Ratio
SA's Working Capital Ratio for the trailling 12 Months
SA Working Capital Ratio |
(Dec 31 2023) 12 Months |
0 12 Months |
0 12 Months |
0 12 Months |
(Dec 31 2019) 12 Months |
Y / Y Current Liabilities TTM Growth |
489.08 % |
370.11 % |
249.45 % |
127.05 % |
2.89 % |
Y / Y Current Assets TTM Growth |
389 % |
266.65 % |
159.04 % |
63.65 % |
-21.49 % |
Working Capital Ratio TTM |
2.38 |
2.41 |
2.45 |
2.55 |
2.87 |
Total Ranking TTM |
# 1182
| # 3456
| # 3196
| # 4045
| #
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Seq. Current Liabilities TTM Growth |
26.19 % |
35.49 % |
55.01 % |
122.27 % |
0.71 % |
Seq. Current Assets TTM Growth |
24.82 % |
33.02 % |
49.3 % |
97.25 % |
-6.41 % |
On the trailing twelve months basis Due to unchanged in Current Liabilities in the Q4 2023 to $30.19 millions, cumulative Working Capital Ratio decreased to 2.38 below the Seabridge Gold Inc average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Metal Mining industry 29 other companies have achieved higher Working Capital Ratio than Seabridge Gold Inc . While Working Capital Ratio overall ranking has improved so far to 1182, from total ranking during the twelve months ending third quarter 2023 at 3456.
Explain Working Capital Ratio
How much Current Assetss SA´s has?
What are SA´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Metal Mining Industry |
# 30 |
Basic Materials Sector |
# 113 |
Within the Market |
# 1182 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
3.76 |
3.07 |
2.38 |
(Dec 31 2018) |
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(Dec 31 2023) |
Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Metal Mining Industry | Working Capital Ratio | Dec 31 2023 MRQ Current Assets | Dec 31 2023 MRQ Current Liabilities | Ivanhoe Electric Inc | 5.91 | $ 216.486 Millions | $ 36.620 Millions | Mesabi Trust | 4.67 | $ 26.690 Millions | $ 5.715 Millions | Vox Royalty Corp | 4.57 | $ 13.283 Millions | $ 2.904 Millions | Lifezone Metals Limited | 4.30 | $ 54.823 Millions | $ 12.764 Millions | Skeena Resources Limited | 3.86 | $ 74.687 Millions | $ 19.330 Millions | Nouveau Monde Graphite Inc | 3.58 | $ 32.881 Millions | $ 9.180 Millions | Silvercrest Metals Inc | 3.45 | $ 178.533 Millions | $ 51.773 Millions | New Found Gold Corp | 3.28 | $ 47.780 Millions | $ 14.560 Millions | Centerra Gold Inc | 3.25 | $ 966.027 Millions | $ 297.437 Millions | Southern Copper Corp | 3.19 | $ 4,429.500 Millions | $ 1,388.500 Millions | Scandium International Mining Corp | 3.04 | $ 1.062 Millions | $ 0.349 Millions | Enertopia Corporation | 2.90 | $ 0.923 Millions | $ 0.318 Millions | Gold Resource Corp | 2.62 | $ 26.495 Millions | $ 10.126 Millions | Idaho Strategic Resources Inc | 2.60 | $ 4.490 Millions | $ 1.729 Millions | Freeport mcmoran Inc | 2.42 | $ 14,065.000 Millions | $ 5,815.000 Millions | Seabridge Gold Inc | 2.38 | $ 71.966 Millions | $ 30.187 Millions | Alamos Gold Inc | 2.36 | $ 586.000 Millions | $ 247.900 Millions | Gatos Silver Inc | 2.36 | $ 78.686 Millions | $ 33.357 Millions | Royal Gold Inc | 2.31 | $ 167.426 Millions | $ 72.422 Millions | B2gold Corp | 2.27 | $ 710.729 Millions | $ 313.471 Millions | Paramount Gold Nevada Corp | 2.21 | $ 9.384 Millions | $ 4.251 Millions | Ferroglobe Plc | 2.10 | $ 1,036.961 Millions | $ 494.002 Millions | Timberline Resources Corporation | 2.02 | $ 0.558 Millions | $ 0.276 Millions | Mcewen Mining inc | 1.92 | $ 52.661 Millions | $ 27.364 Millions | Osisko Development Corp | 1.92 | $ 67.472 Millions | $ 35.068 Millions | Cleveland cliffs Inc | 1.89 | $ 6,636.000 Millions | $ 3,508.000 Millions | Pan American Silver Corp | 1.88 | $ 1,390.000 Millions | $ 738.600 Millions | Lithium Corporation | 1.81 | $ 4.023 Millions | $ 2.226 Millions | Avino Silver and Gold Mines Ltd | 1.70 | $ 23.535 Millions | $ 13.808 Millions | Sibanye Stillwater Limited | 1.70 | $ 61,822.000 Millions | $ 36,407.000 Millions |
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Date modified: 2024-04-03T14:31:45+00:00
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