Skeena Resources Ltd
Skeena Resources Limited engages in the exploration and development of mineral properties in Canada. The company explores for gold, silver, and copper deposits. Its flagship property is the Eskay Creek project, which consists of 51 mineral claims and eight mineral leases covering an area of approximately 7,666.02 hectares located in the Golden Triangle region of British Columbia. The company was … Read more
Skeena Resources Ltd (SKE) - Net Assets
Latest net assets as of September 2025: $85.26 Million USD
Based on the latest financial reports, Skeena Resources Ltd (SKE) has net assets worth $85.26 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($647.20 Million) and total liabilities ($561.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $85.26 Million |
| % of Total Assets | 13.17% |
| Annual Growth Rate | 26.08% |
| 5-Year Change | -16.83% |
| 10-Year Change | 774.03% |
| Growth Volatility | 494.39 |
Skeena Resources Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Skeena Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Skeena Resources Ltd (2001–2024)
The table below shows the annual net assets of Skeena Resources Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $90.61 Million | -27.24% |
| 2023-12-31 | $124.53 Million | -9.25% |
| 2022-12-31 | $137.23 Million | +11.07% |
| 2021-12-31 | $123.55 Million | +13.40% |
| 2020-12-31 | $108.95 Million | +838.67% |
| 2019-12-31 | $11.61 Million | -37.48% |
| 2018-12-31 | $18.57 Million | -15.99% |
| 2017-12-31 | $22.10 Million | +8.91% |
| 2016-12-31 | $20.29 Million | +95.75% |
| 2015-12-31 | $10.37 Million | +36.28% |
| 2014-12-31 | $7.61 Million | +2259.55% |
| 2013-12-31 | $322.42K | -37.25% |
| 2012-12-31 | $513.78K | -77.37% |
| 2011-12-31 | $2.27 Million | +78.23% |
| 2010-12-31 | $1.27 Million | +2689.58% |
| 2009-12-31 | $-49.18K | -101.00% |
| 2008-12-31 | $4.94 Million | -48.14% |
| 2007-12-31 | $9.53 Million | +57.69% |
| 2006-12-31 | $6.04 Million | +30.67% |
| 2005-12-31 | $4.62 Million | +78.59% |
| 2004-12-31 | $2.59 Million | +195.93% |
| 2003-12-31 | $874.99K | +208.30% |
| 2002-12-31 | $283.81K | -35.29% |
| 2001-12-31 | $438.61K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skeena Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 62134858800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $670.13 Million | 739.55% |
| Other Comprehensive Income | $47.60 Million | 52.53% |
| Total Equity | $90.61 Million | 100.00% |
Skeena Resources Ltd Competitors by Market Cap
The table below lists competitors of Skeena Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GMR Airports Limited
NSE:GMRAIRPORT
|
$2.88 Billion |
|
LCI Industries
NYSE:LCII
|
$2.88 Billion |
|
Tongcheng Travel Holdings Limited
PINK:TNGCF
|
$2.88 Billion |
|
PVH Corp
NYSE:PVH
|
$2.88 Billion |
|
MARA Holdings, Inc.
MX:MARA
|
$2.87 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
$2.87 Billion |
|
Cushman & Wakefield plc
NYSE:CWK
|
$2.87 Billion |
|
Nippon Yusen Kabushiki Kaisha
PINK:NPNYY
|
$2.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skeena Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 124,535,000 to 90,613,000, a change of -33,922,000 (-27.2%).
- Net loss of 151,939,000 reduced equity.
- New share issuances of 122,750,000 increased equity.
- Other comprehensive income decreased equity by 1,453,000.
- Other factors decreased equity by 3,280,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-151.94 Million | -167.68% |
| Share Issuances | $122.75 Million | +135.47% |
| Other Comprehensive Income | $-1.45 Million | -1.6% |
| Other Changes | $-3.28 Million | -3.62% |
| Total Change | $- | -27.24% |
Book Value vs Market Value Analysis
This analysis compares Skeena Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 32.43x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.81x to 32.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $6.16 | $29.64 | x |
| 2002-12-31 | $3.29 | $29.64 | x |
| 2003-12-31 | $8.56 | $29.64 | x |
| 2004-12-31 | $23.26 | $29.64 | x |
| 2005-12-31 | $27.04 | $29.64 | x |
| 2006-12-31 | $28.90 | $29.64 | x |
| 2007-12-31 | $37.47 | $29.64 | x |
| 2008-12-31 | $16.68 | $29.64 | x |
| 2009-12-31 | $-0.13 | $29.64 | x |
| 2010-12-31 | $2.66 | $29.64 | x |
| 2011-12-31 | $3.62 | $29.64 | x |
| 2012-12-31 | $0.81 | $29.64 | x |
| 2013-12-31 | $0.50 | $29.64 | x |
| 2014-12-31 | $6.15 | $29.64 | x |
| 2015-12-31 | $1.78 | $29.64 | x |
| 2016-12-31 | $1.95 | $29.64 | x |
| 2017-12-31 | $1.43 | $29.64 | x |
| 2018-12-31 | $0.84 | $29.64 | x |
| 2019-12-31 | $0.43 | $29.64 | x |
| 2020-12-31 | $2.58 | $29.64 | x |
| 2021-12-31 | $2.07 | $29.64 | x |
| 2022-12-31 | $1.95 | $29.64 | x |
| 2023-12-31 | $1.48 | $29.64 | x |
| 2024-12-31 | $0.91 | $29.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skeena Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -167.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.03x
- Recent ROE (-167.68%) is below the historical average (-60.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -10.66% | 0.00% | 0.00x | 1.17x | $-90.60K |
| 2002 | -121.49% | 0.00% | 0.00x | 1.64x | $-373.18K |
| 2003 | -68.46% | 0.00% | 0.00x | 1.04x | $-686.50K |
| 2004 | -8.61% | 0.00% | 0.00x | 1.10x | $-481.93K |
| 2005 | -23.57% | 0.00% | 0.00x | 1.02x | $-1.55 Million |
| 2006 | -10.54% | 0.00% | 0.00x | 1.01x | $-1.24 Million |
| 2007 | -8.64% | 0.00% | 0.00x | 1.03x | $-1.78 Million |
| 2008 | -128.26% | 0.00% | 0.00x | 1.22x | $-6.83 Million |
| 2009 | 0.00% | 0.00% | 0.00x | 0.00x | $-6.01 Million |
| 2010 | -59.43% | 0.00% | 0.00x | 1.21x | $-884.28K |
| 2011 | -14.05% | 0.00% | 0.00x | 1.03x | $-546.00K |
| 2012 | -46.03% | 0.00% | 0.00x | 1.46x | $-287.88K |
| 2013 | -59.35% | 0.00% | 0.00x | 2.30x | $-223.60K |
| 2014 | -41.06% | 0.00% | 0.00x | 1.06x | $-3.88 Million |
| 2015 | -68.20% | 0.00% | 0.00x | 1.23x | $-8.11 Million |
| 2016 | -66.77% | 0.00% | 0.00x | 1.10x | $-15.58 Million |
| 2017 | -45.26% | 0.00% | 0.00x | 1.17x | $-12.21 Million |
| 2018 | -83.59% | 0.00% | 0.00x | 1.32x | $-17.38 Million |
| 2019 | -179.94% | 0.00% | 0.00x | 2.10x | $-22.05 Million |
| 2020 | -43.45% | 0.00% | 0.00x | 1.27x | $-58.24 Million |
| 2021 | -75.23% | 0.00% | 0.00x | 1.25x | $-105.30 Million |
| 2022 | -47.79% | 0.00% | 0.00x | 1.22x | $-79.30 Million |
| 2023 | -66.03% | 0.00% | 0.00x | 1.57x | $-94.68 Million |
| 2024 | -167.68% | 0.00% | 0.00x | 3.03x | $-161.00 Million |
Industry Comparison
This section compares Skeena Resources Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skeena Resources Ltd (SKE) | $85.26 Million | -10.66% | 6.59x | $2.88 Billion |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |