Seabridge Gold Inc. (SEA) — Tangible Net Worth Ratio
Seabridge Gold Inc. (SEA) has a Tangible Net Worth Ratio of 100.0% as of September 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$1.06 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See SEA book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Seabridge Gold Inc. Tangible Net Worth Ratio (2001–2024)
This chart shows how Seabridge Gold Inc.'s Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 100.0%, reflecting net assets of CA$1.06 Billion with intangible assets of CA$0.00 CAD. Also explore net asset momentum of Seabridge Gold Inc. to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Seabridge Gold Inc. (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Seabridge Gold Inc. from 2001 to 2024, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Seabridge Gold Inc. (SEA) total market value.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$843.02 Million | CA$0.00 | CA$1.45 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | CA$729.92 Million | CA$0.00 | CA$1.35 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | CA$740.53 Million | CA$0.00 | CA$1.10 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | CA$702.33 Million | CA$0.00 | CA$747.74 Million | ▲ +0.0 pp |
| 2020 | 100.0% | CA$614.72 Million | CA$0.00 | CA$647.82 Million | ▲ +0.0 pp |
| 2019 | 100.0% | CA$415.02 Million | CA$0.00 | CA$449.37 Million | ▲ +0.0 pp |
| 2018 | 100.0% | CA$386.56 Million | CA$0.00 | CA$423.46 Million | ▲ +0.0 pp |
| 2017 | 100.0% | CA$355.64 Million | CA$0.00 | CA$382.91 Million | ▲ +0.0 pp |
| 2016 | 100.0% | CA$311.36 Million | CA$0.00 | CA$337.99 Million | ▲ +0.0 pp |
| 2015 | 100.0% | CA$281.98 Million | CA$0.00 | CA$300.53 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$259.83 Million | CA$0.00 | CA$278.36 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$253.75 Million | CA$0.00 | CA$270.38 Million | ▲ +0.0 pp |
| 2012 | 100.0% | CA$248.53 Million | CA$0.00 | CA$263.60 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$217.36 Million | CA$0.00 | CA$228.72 Million | ▲ +0.0 pp |
| 2010 | 100.0% | CA$173.81 Million | CA$0.00 | CA$180.22 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$99.60 Million | CA$0.00 | CA$103.40 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$99.11 Million | CA$0.00 | CA$109.80 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$86.75 Million | CA$0.00 | CA$89.86 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$59.28 Million | CA$0.00 | CA$61.24 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$35.38 Million | CA$0.00 | CA$37.08 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$25.70 Million | CA$0.00 | CA$27.17 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$19.34 Million | CA$0.00 | CA$22.87 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$12.24 Million | CA$0.00 | CA$14.14 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$3.78 Million | CA$0.00 | CA$6.98 Million | — |