Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Seabridge Gold's operating assets for the quarter that ended in Mar. 2026 was MXN21,754.69 Mil. Seabridge Gold's operating liabilities for the quarter that ended in Mar. 2026 was MXN498.91 Mil. Seabridge Gold's Total Assets for the quarter that ended in Dec. 2025 was MXN23,074.56 Mil. Therefore, Seabridge Gold's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.92.
Seabridge Gold Scaled Net Operating Assets Related Terms
Seabridge Gold Scaled Net Operating Assets Historical Data
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The historical data trend for Seabridge Gold's Scaled Net Operating Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:SAN vs HYMC, AUGO, DC: Scaled Net Operating Assets Comparison
For the Gold subindustry, Seabridge Gold's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Seabridge Gold Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Seabridge Gold's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Seabridge Gold's Scaled Net Operating Assets falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Scaled Net Operating Assets of 0.92 mean?
Seabridge Gold (MEX:SAN) has a Scaled Net Operating Assets of 0.92 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Seabridge Gold and its competitors.
Is Seabridge Gold's Scaled Net Operating Assets too high?
Seabridge Gold's current Scaled Net Operating Assets is 0.92. Overall, Seabridge Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Seabridge Gold's Scaled Net Operating Assets compare to HYMC and AUGO?
Seabridge Gold's Scaled Net Operating Assets of 0.92 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Seabridge Gold and its competitors. Seabridge Gold's current Scaled Net Operating Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seabridge Gold stock overvalued right now?
Seabridge Gold (MEX:SAN) has a current Scaled Net Operating Assets of 0.92. The current Scaled Net Operating Assets is 0.92. Seabridge Gold's overall GF Score™ is 33/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Seabridge Gold (MEX:SAN), the current Scaled Net Operating Assets is 0.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Seabridge Gold Inc is a development-stage company involved in the exploration and development of gold properties situated in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia and the 3 Aces Project in southeast Yukon. The company has various other mineral resource projects throughout North America.
33GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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