Seabridge Gold (SA) Financials

Seabridge Gold Inc (SA) is a company that specializes in the exploration and development of gold properties. The company's financials provide an overview of its performance and help investors understand its profitability and financial health. The income statement is a summary of the company's revenues, expenses, and net income. It shows how much money the company is generating and whether it is making a profit or a loss. In the case of Seabridge Gold Inc, the income statement shows that the company has been able to generate consistent revenues over the years, but its expenses have also been increasing. As a result, its net income has been fluctuating, with some years showing a profit and others showing a loss.

EBIT, or earnings before interest and taxes, is a measure of a company's profitability. It indicates how much profit a company is making from its operations before accounting for interest expenses and taxes. For Seabridge Gold Inc, the EBIT has been positive in most years, indicating that the company is generating a profit from its core business activities. However, there have been a few years where the EBIT has been negative, suggesting that the company's operations were not able to cover its interest expenses and taxes.

EBITDA, or earnings before interest, taxes, depreciation, and amortization, is another measure of a company's profitability. It provides a clearer picture of the company's cash flow generation by excluding non-cash expenses like depreciation and amortization. For Seabridge Gold Inc, the EBITDA has generally been positive, indicating that the company is generating sufficient cash flow from its operations to cover its interest expenses, taxes, depreciation, and amortization.

Gross profit is the profit a company makes after deducting the cost of goods sold from its total revenue. It shows the profitability of a company's core operations. For Seabridge Gold Inc, the gross profit has varied over the years, depending on the prices of gold and the company's production costs. In certain years, the gross profit has been higher, indicating that the company was able to sell its gold at a higher price or reduce its production costs.

Net income, also referred to as net profit or net earnings, is the final amount of money that a company makes after deducting all expenses from its revenue. It represents the bottom-line profit of a company. Seabridge Gold Inc has experienced fluctuations in its net income over the years, primarily due to the volatility in gold prices and production costs. Some years have shown a positive net income, while others have resulted in a net loss for the company.

Total revenue is the sum of all the money a company generates from its core operations, including sales of goods and services. It provides a snapshot of the company's top-line performance. Seabridge Gold Inc has seen steady growth in its total revenue over the years, with some years experiencing significant increases and others showing more modest growth. This indicates that the company has been able to increase its sales volume and/or command higher prices for its gold.

The balance sheet provides a snapshot of a company's financial position at a specific point in time. It shows the company's assets, liabilities, and shareholders' equity. For Seabridge Gold Inc, the balance sheet reflects the value of the company's gold reserves, mineral properties, and other assets. It also lists the company's liabilities, such as loans and other obligations. The shareholders' equity represents the value of the company's assets that belong to the shareholders.

Cash equivalents are highly liquid assets that can be easily converted into cash. They include investments such as short-term Treasury bills, money market funds, and other highly rated securities. For Seabridge Gold Inc, cash equivalents form part of the company's current assets and can be used to meet short-term payment obligations or take advantage of investment opportunities. The amount of cash equivalents held by the company can vary over time depending on its cash flow and investment activities.

Net debt is a measure of a company's overall debt position after accounting for its cash and cash equivalents. It represents the amount of debt that would remain if all the company's cash were used to pay off its outstanding liabilities. For Seabridge Gold Inc, the net debt is calculated by subtracting the company's cash and cash equivalents from its total debt. This provides investors with an indication of the company's ability to handle its debt obligations.

Stockholders' equity, also known as shareholders' equity, is the residual interest in the company's assets after deducting its liabilities. It represents the amount that would be left for the shareholders if the company's assets were sold and all its liabilities paid off. Seabridge Gold Inc's stockholders' equity includes the value of the company's assets, such as gold reserves and mineral properties, as well as any retained earnings or additional paid-in capital from shareholders.

Total assets represent the value of a company's resources and investments. They include cash, accounts receivable, inventory, property, plant, and equipment, as well as intangible assets. For Seabridge Gold Inc, the total assets primarily consist of its gold reserves, mineral properties, and exploration assets. The value of these assets can vary over time based on factors such as changes in gold prices, exploration results, and the company's development activities.

Total debt represents the amount of money that a company owes to its creditors. It includes both short-term and long-term debt obligations. For Seabridge Gold Inc, the total debt includes loans, borrowings, and other financial obligations that the company has incurred. The amount of total debt can fluctuate over time as the company takes on new debt or repays existing obligations.

Total liabilities are the financial obligations and debts that a company owes to its creditors. They include both current liabilities, which are due within one year, and long-term liabilities, which are due after one year. Seabridge Gold Inc's total liabilities consist of its total debt, accounts payable, and other obligations. Having a higher amount of total liabilities relative to its assets can indicate higher financial risk for the company.

Cash flow is the movement of money into or out of a company. It reflects how well a company manages its cash and cash equivalents. For Seabridge Gold Inc, the cash flow statement provides information about the company's operating, financing, and investing activities. It shows whether the company is generating enough cash from its operations to meet its financial obligations and invest in its growth.

Financing cash flow represents the cash flow generated or used in financing activities, such as issuing or repurchasing equity or debt. For Seabridge Gold Inc, the financing cash flow may include proceeds from issuing new shares or debt, as well as payments made for repurchasing shares or servicing debt. Positive financing cash flow indicates that the company is able to raise capital to fund its operations or investments, while negative financing cash flow may suggest that the company is paying down debt or returning capital to shareholders.

Free cash flow is a measure of a company's ability to generate cash after accounting for its capital expenditures and working capital requirements. It represents the cash that is available to be distributed to investors, reinvested in the business, or used for other purposes. Seabridge Gold Inc's free cash flow is calculated by subtracting its capital expenditures and changes in working capital from its operating cash flow. Positive free cash flow indicates that the company is generating excess cash, while negative free cash flow suggests that the company may need to raise additional funds to cover its expenses.

Investing cash flow represents the cash flow generated or used in investing activities, such as the purchase or sale of property, plant, and equipment, or investments in other companies. For Seabridge Gold Inc, the investing cash flow may include cash spent on acquiring or developing mineral properties, as well as proceeds from the sale of assets. Positive investing cash flow indicates that the company is investing in its growth, while negative investing cash flow may suggest that the company is divesting or reducing its investments.

Operating cash flow represents the cash flow generated or used in the normal course of a company's operations. It reflects the cash generated from selling goods or services and paying for operating expenses. For Seabridge Gold Inc, the operating cash flow provides insights into the cash generated by its gold production and sales, as well as its operating expenses. Positive operating cash flow indicates that the company is generating sufficient cash from its core operations to cover its expenses.