Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data SEABRIDGE GOLD INC files with the SEC in its annual reports.
In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0.17
0.12
0.11
0.08
0.07
General and administrative
9.68
13.7
12.4
13.3
16.5
13.4
16.1
17.4
21.2
22.1
Interest expense
-0.17
2.7
0.44
264
-0.46
-0.53
-2.47
Pre-tax income
-4.32
-8.12
-15
-12.3
-15.7
5.53
0.87
-38
-19.9
-65.1
Income tax
2.98
2.16
4.97
-0.7
-0.8
4.63
8.27
-8.7
11.4
-11.9
Net income
-7.29
-10.3
-19.9
-11.6
14.9
0.9
7.4
29.3
31.2
-53.2
EPS, basic
-0.14
-0.18
-0.34
-0.19
-0.23
0.01
-0.09
-0.35
-0.35
-0.53
EPS, diluted
-0.14
-0.18
-0.34
-0.19
-0.23
0.01
-0.09
-0.35
-0.35
-0.53
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
1.65
4.05
2.93
8.79
17.5
11.5
46.2
82.4
49.8
118
Short-term investments
4.66
6.86
3.37
3.7
3.75
5.4
8.75
Receivables
0.28
Total current assets
13.1
20.2
24.5
19.2
46.2
54.2
140
94
58.1
214
Property, plant and equipment
103
0.23
Lease right-of-use assets
0.27
0.25
Total assets
338
383
423
449
648
748
1,096
1,351
1,453
1,768
Accounts payable
5.72
3.96
4.75
4.69
5.38
12.2
43
32.7
Total current liabilities
5.72
6.19
6.5
6.69
10.2
17.3
52
39.4
20.3
40.9
Lease liabilities
0.23
0.21
0.18
1.12
1.06
1
1.07
Total liabilities
26.6
27.3
36.9
34.3
33.1
45.4
355
621
610
643
Paid-in capital
0
2.23
0.8
0.09
2.28
1.37
4.18
5.54
6.94
Total equity
311
356
387
415
615
702
741
730
843
1,125
Total liabilities and equity
338
383
423
449
648
748
1,096
1,351
1,453
1,768
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-7.29
-10.3
-19.9
-11.6
-14.9
0.9
-7.39
-29.3
-31.2
-53.2
Cash from operations
-5.18
-10.1
-9.41
-10.9
-9.75
-11.7
-13.3
-21.5
-14.2
-15.5
Capital expenditures
-73.6
-178
-230
-106
-137
Cash from investing
-16.6
-28.2
-42.6
-14.8
-180
-78.6
-281
-203
-121
-188
Debt issued
282
Stock issued
17.4
33.5
37.5
Cash from financing
22.4
40.7
50.9
31.5
200
84.6
326
260
101
272
Exchange rate effect
-0.78
-0.18
3.22
0.27
1.57
-1.07
Net change in cash
0.66
2.4
-1.12
8.74
-6.01
34.6
36.3
-32.6
67.7
Free cash flow
-85.3
-191
-252
-120
-152
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-3.3%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income growth, 1y
-270.4%
Net income vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
21.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
17.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
22.2%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
5.24x
Current assets / current liabilities.
Quick ratio
3.09x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.09x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
36.4%
Total liabilities / total assets.
Working capital
CA$173.3M
Current assets - current liabilities.
Per share
Metric
Value
How it is calculated
EPS, diluted
-CA$0.53
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
-CA$0.53
Net income per basic share, as reported (split-adjusted).
Was SEABRIDGE GOLD INC profitable in fiscal 2025?
No. It reported a net loss of CA$53.2M.
How much free cash flow did SEABRIDGE GOLD INC generate in fiscal 2025?
Cash from operations of CA$15.5M minus capital expenditures of CA$137.0M left free cash flow of -CA$152.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.