SKRR Exploration Inc
SKRR Exploration Inc. operates as a precious and base metal explorer in Canada. It primarily explores for gold. The company has an option to acquire interests in Olson gold property projects situated in Saskatchewan. The company was formerly known as Canex Energy Corp. and changed its name to SKRR Exploration Inc. in January 2020. SKRR Exploration Inc. was incorporated in 2006 and is headquartere… Read more
SKRR Exploration Inc (SKKRF) - Net Assets
Latest net assets as of October 2025: $1.89 Million USD
Based on the latest financial reports, SKRR Exploration Inc (SKKRF) has net assets worth $1.89 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.92 Million) and total liabilities ($30.39K). 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 | $1.89 Million |
| % of Total Assets | 98.42% |
| Annual Growth Rate | 24.81% |
| 5-Year Change | -76.17% |
| 10-Year Change | N/A |
| Growth Volatility | 160.26 |
SKRR Exploration Inc - Net Assets Trend (2012–2025)
This chart illustrates how SKRR Exploration Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SKRR Exploration Inc (2012–2025)
The table below shows the annual net assets of SKRR Exploration Inc from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $2.01 Million | -63.39% |
| 2024-04-30 | $5.50 Million | -5.20% |
| 2023-04-30 | $5.80 Million | -38.27% |
| 2022-04-30 | $9.39 Million | +11.21% |
| 2021-04-30 | $8.45 Million | +280.87% |
| 2020-04-30 | $2.22 Million | +382.73% |
| 2019-04-30 | $-784.47K | -23.05% |
| 2018-04-30 | $-637.52K | -243.43% |
| 2017-04-30 | $-185.63K | -23.89% |
| 2016-04-30 | $-149.84K | -113.51% |
| 2015-04-30 | $1.11 Million | -27.84% |
| 2014-04-30 | $1.54 Million | +188.81% |
| 2013-04-30 | $532.19K | +371.27% |
| 2012-04-30 | $112.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SKRR Exploration Inc'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 1761862400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.55 Million | 921.61% |
| Other Comprehensive Income | $1.51 Million | 74.91% |
| Total Equity | $2.01 Million | 100.00% |
SKRR Exploration Inc Competitors by Market Cap
The table below lists competitors of SKRR Exploration Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sapura Industrial Bhd
KLSE:7811
|
$3.14 Million |
|
Butn Ltd
AU:BTN
|
$3.14 Million |
|
Invibes Advertising NV
PA:ALINV
|
$3.14 Million |
|
EMC Public Company Limited
BK:EMC
|
$3.14 Million |
|
HAYAF
OTCQB:HAYAF
|
$3.14 Million |
|
Plato Gold Corp
OTCQB:NIOVF
|
$3.14 Million |
|
Capital Partners S.A.
WAR:CPA
|
$3.14 Million |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
$3.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SKRR Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,498,015 to 2,012,738, a change of -3,485,277 (-63.4%).
- Net loss of 5,142,118 reduced equity.
- New share issuances of 1,335,000 increased equity.
- Other comprehensive income increased equity by 387,000.
- Other factors decreased equity by 65,159.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.14 Million | -255.48% |
| Share Issuances | $1.33 Million | +66.33% |
| Other Comprehensive Income | $387.00K | +19.23% |
| Other Changes | $-65.16K | -3.24% |
| Total Change | $- | -63.39% |
Book Value vs Market Value Analysis
This analysis compares SKRR Exploration Inc'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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.07x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-04-30 | $2.99 | $0.20 | x |
| 2013-04-30 | $10.62 | $0.20 | x |
| 2014-04-30 | $19.94 | $0.20 | x |
| 2015-04-30 | $28.89 | $0.20 | x |
| 2016-04-30 | $-0.40 | $0.20 | x |
| 2017-04-30 | $-0.43 | $0.20 | x |
| 2018-04-30 | $-1.46 | $0.20 | x |
| 2019-04-30 | $-1.57 | $0.20 | x |
| 2020-04-30 | $5.89 | $0.20 | x |
| 2021-04-30 | $1.36 | $0.20 | x |
| 2022-04-30 | $0.89 | $0.20 | x |
| 2023-04-30 | $0.42 | $0.20 | x |
| 2024-04-30 | $0.34 | $0.20 | x |
| 2025-04-30 | $0.29 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SKRR Exploration Inc 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): -255.48%
- 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: 1.04x
- Recent ROE (-255.48%) is below the historical average (-52.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -103.04% | 0.00% | 0.00x | 3.34x | $-127.65K |
| 2013 | -50.98% | 0.00% | 0.00x | 1.14x | $-324.52K |
| 2014 | -38.27% | 0.00% | 0.00x | 1.15x | $-742.00K |
| 2015 | -171.94% | 0.00% | 0.00x | 1.11x | $-2.02 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.17 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-52.73K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-438.39K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-313.95K |
| 2020 | 0.75% | 0.00% | 0.00x | 1.03x | $-205.13K |
| 2021 | -14.48% | 0.00% | 0.00x | 1.09x | $-2.07 Million |
| 2022 | -8.79% | 0.00% | 0.00x | 1.00x | $-1.77 Million |
| 2023 | -69.66% | 0.00% | 0.00x | 1.01x | $-4.62 Million |
| 2024 | -17.41% | 0.00% | 0.00x | 1.04x | $-1.51 Million |
| 2025 | -255.48% | 0.00% | 0.00x | 1.04x | $-5.34 Million |
Industry Comparison
This section compares SKRR Exploration Inc'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 |
|---|---|---|---|---|
| SKRR Exploration Inc (SKKRF) | $1.89 Million | -103.04% | 0.02x | $3.14 Million |
| 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 |