Seabridge Payables Turnover from 2010 to 2024

SA Stock  USD 14.26  0.23  1.64%   
Seabridge Gold's Payables Turnover is decreasing over the years with slightly volatile fluctuation. Payables Turnover is expected to dwindle to 0.01. Payables Turnover is a liquidity ratio that shows how quickly Seabridge Gold pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
0.01410153
Current Value
0.0134
Quarterly Volatility
0.8559039
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Seabridge Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seabridge Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 365.8 K, Other Operating Expenses of 11.5 M or Total Operating Expenses of 11.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.73. Seabridge financial statements analysis is a perfect complement when working with Seabridge Gold Valuation or Volatility modules.
  
Check out the analysis of Seabridge Gold Correlation against competitors.
For information on how to trade Seabridge Stock refer to our How to Trade Seabridge Stock guide.

Latest Seabridge Gold's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Seabridge Gold over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Seabridge Gold's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Seabridge Gold's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Seabridge Payables Turnover Regression Statistics

Arithmetic Mean0.83
Geometric Mean0.21
Coefficient Of Variation102.60
Mean Deviation0.66
Median1.16
Standard Deviation0.86
Sample Variance0.73
Range3.1422
R-Value(0.54)
Mean Square Error0.56
R-Squared0.29
Significance0.04
Slope(0.10)
Total Sum of Squares10.26

Seabridge Payables Turnover History

2024 0.0134
2023 0.0141
2022 0.009945
2021 0.0165
2020 0.0143
2019 0.016
2018 3.15

About Seabridge Gold Financial Statements

Seabridge Gold stakeholders use historical fundamental indicators, such as Seabridge Gold's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Seabridge Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Seabridge Gold's assets and liabilities are reflected in the revenues and expenses on Seabridge Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Seabridge Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 0.01  0.01 

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Check out the analysis of Seabridge Gold Correlation against competitors.
For information on how to trade Seabridge Stock refer to our How to Trade Seabridge Stock guide.
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Is Metals & Mining space 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
3.679
Earnings Share
(0.11)
Return On Assets
(0.01)
Return On Equity
(0.02)
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.