Seabridge Gold annual net debt
2019
2020
2021
2022
2023
2024
2025
Seabridge Gold Net Debt Growth & History (SA)
Seabridge Gold's net debt was −$116.1M for fiscal 2025.
View full Seabridge Gold company overviewSeabridge Gold annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$116.1M | −$67.6M | — |
| 2024 | 2024-12-31 | −$48.5M | $32.5M | — |
| 2023 | 2023-12-31 | −$81.0M | −$36.5M | — |
| 2022 | 2022-12-31 | −$44.5M | −$33.3M | — |
| 2021 | 2021-12-31 | −$11.3M | $6.0M | — |
| 2020 | 2020-12-31 | −$17.3M | −$8.8M | — |
| 2019 | 2019-12-31 | −$8.5M | — | — |
Seabridge Gold quarterly net debt
Q4.19
Q4.20
Q4.21
Q3.22
Q4.22
Q2.23
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $480.8M | $24.9M | +5.47% |
| Q1 2026 | 2026-03-31 | $432.2M | $31.4M | +7.83% |
| Q4 2025 | 2025-12-31 | −$116.1M | −$67.6M | — |
| Q3 2025 | 2025-09-30 | $481.3M | — | — |
| Q2 2025 | 2025-06-30 | $455.9M | — | — |
| Q1 2025 | 2025-03-31 | $400.8M | — | — |
| Q4 2024 | 2024-12-31 | −$48.5M | $32.5M | — |
| Q4 2023 | 2023-12-31 | −$81.0M | −$36.5M | — |
| Q2 2023 | 2023-06-30 | $265.4M | — | — |
| Q4 2022 | 2022-12-31 | −$44.5M | −$33.3M | — |
| Q3 2022 | 2022-09-30 | −$64.5M | — | — |
| Q4 2021 | 2021-12-31 | −$11.3M | $6.0M | — |
| Q4 2020 | 2020-12-31 | −$17.3M | −$8.8M | — |
| Q4 2019 | 2019-12-31 | −$8.5M | — | — |
Seabridge Gold net debt trends
Over the last five fiscal years, Seabridge Gold's net debt decreased from −$17.3M to −$116.1M, a change of −$98.8M. The latest reported quarter, Q2 2026, shows $480.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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