Sky Gold Corp
Sky Gold Corp., a junior mineral exploration company, engages in the exploration and development of mineral properties in Canada and the United States. Its flagship project is the Evening Star Project located in Mineral County, Nevada. The company was formerly known as Sunvest Minerals Corp. and changed its name to Sky Gold Corp. in April 2019. Sky Gold Corp. was incorporated in 2008 and is based… Read more
Sky Gold Corp (SRKZF) - Net Assets
Latest net assets as of September 2025: $291.69K USD
Based on the latest financial reports, Sky Gold Corp (SRKZF) has net assets worth $291.69K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($718.48K) and total liabilities ($426.79K). 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 | $291.69K |
| % of Total Assets | 40.6% |
| Annual Growth Rate | 11.21% |
| 5-Year Change | -93.42% |
| 10-Year Change | N/A |
| Growth Volatility | 275.91 |
Sky Gold Corp - Net Assets Trend (2008–2025)
This chart illustrates how Sky Gold Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sky Gold Corp (2008–2025)
The table below shows the annual net assets of Sky Gold Corp from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $372.75K | -54.55% |
| 2024-06-30 | $820.12K | +71.09% |
| 2023-06-30 | $479.35K | -90.81% |
| 2022-06-30 | $5.21 Million | -8.00% |
| 2021-06-30 | $5.67 Million | +284.86% |
| 2020-06-30 | $1.47 Million | -43.22% |
| 2019-06-30 | $2.59 Million | +16.82% |
| 2018-06-30 | $2.22 Million | +55.87% |
| 2017-06-30 | $1.42 Million | +1276.70% |
| 2016-06-30 | $-121.05K | -121.38% |
| 2015-06-30 | $566.18K | +171.94% |
| 2014-06-30 | $-787.01K | -79.50% |
| 2013-06-30 | $-438.44K | -121.34% |
| 2012-06-30 | $2.05 Million | +146.83% |
| 2011-06-30 | $832.24K | +997.07% |
| 2010-06-30 | $75.86K | -51.88% |
| 2009-06-30 | $157.63K | +157.37% |
| 2008-06-30 | $61.25K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sky Gold Corp'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 2298625600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $20.28 Million | 5441.70% |
| Other Comprehensive Income | $2.98 Million | 799.19% |
| Other Components | $109.75K | 29.44% |
| Total Equity | $372.75K | 100.00% |
Sky Gold Corp Competitors by Market Cap
The table below lists competitors of Sky Gold Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUTONATION (RWI.SG)
STU:RWI
|
$1.55 Million |
|
Freight Technologies Inc
NASDAQ:FRGT
|
$1.56 Million |
|
Pacific Imperial Mines Inc
V:PPM
|
$1.56 Million |
|
Ultra Resources Inc
OTCQB:ULTXF
|
$1.56 Million |
|
Sinergi Inti Plastindo
JK:ESIP
|
$1.55 Million |
|
BIOGEN IDEC
HM:IDP
|
$1.55 Million |
|
STEEL DYNAMICS
MU:SD5
|
$1.55 Million |
|
Clydesdale Resources Inc
V:CEO-H
|
$1.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sky Gold Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 820,118 to 372,751, a change of -447,367 (-54.5%).
- Net loss of 1,000,000 reduced equity.
- Other comprehensive income increased equity by 92,970.
- Other factors increased equity by 459,663.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.00 Million | -268.28% |
| Other Comprehensive Income | $92.97K | +24.94% |
| Other Changes | $459.66K | +123.32% |
| Total Change | $- | -54.55% |
Book Value vs Market Value Analysis
This analysis compares Sky Gold Corp'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: 3.07x
- 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 0.00x to 3.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | $43.78 | $0.02 | x |
| 2009-06-30 | $60.98 | $0.02 | x |
| 2010-06-30 | $29.35 | $0.02 | x |
| 2011-06-30 | $503.17 | $0.02 | x |
| 2012-06-30 | $189.47 | $0.02 | x |
| 2013-06-30 | $-30.07 | $0.02 | x |
| 2014-06-30 | $-52.41 | $0.02 | x |
| 2015-06-30 | $5.64 | $0.02 | x |
| 2016-06-30 | $-1.04 | $0.02 | x |
| 2017-06-30 | $1.82 | $0.02 | x |
| 2018-06-30 | $1.60 | $0.02 | x |
| 2019-06-30 | $0.98 | $0.02 | x |
| 2020-06-30 | $0.19 | $0.02 | x |
| 2021-06-30 | $0.28 | $0.02 | x |
| 2022-06-30 | $0.20 | $0.02 | x |
| 2023-06-30 | $0.02 | $0.02 | x |
| 2024-06-30 | $0.03 | $0.02 | x |
| 2025-06-30 | $0.01 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sky Gold Corp 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): -268.28%
- 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: 1.93x
- Recent ROE (-268.28%) is below the historical average (-133.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -22.44% | 0.00% | 0.00x | 1.18x | $-19.87K |
| 2009 | -51.96% | 0.00% | 0.00x | 1.15x | $-97.66K |
| 2010 | -107.79% | 0.00% | 0.00x | 1.21x | $-89.36K |
| 2011 | -61.90% | 0.00% | 0.00x | 1.05x | $-598.36K |
| 2012 | -57.06% | 0.00% | 0.00x | 1.32x | $-1.35 Million |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.45 Million |
| 2014 | 0.00% | 0.00% | 0.00x | 0.00x | $-271.89K |
| 2015 | -50.55% | 0.00% | 0.00x | 1.66x | $-344.30K |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.10 Million |
| 2017 | -83.43% | 0.00% | 0.00x | 1.10x | $-1.33 Million |
| 2018 | -40.70% | 0.00% | 0.00x | 1.16x | $-1.13 Million |
| 2019 | -108.71% | 0.00% | 0.00x | 1.06x | $-3.08 Million |
| 2020 | -175.55% | 0.00% | 0.00x | 1.04x | $-2.73 Million |
| 2021 | -22.41% | 0.00% | 0.00x | 1.01x | $-1.84 Million |
| 2022 | -17.00% | 0.00% | 0.00x | 1.03x | $-1.41 Million |
| 2023 | -1272.01% | 0.00% | 0.00x | 1.21x | $-6.15 Million |
| 2024 | -59.35% | 0.00% | 0.00x | 1.25x | $-568.72K |
| 2025 | -268.28% | 0.00% | 0.00x | 1.93x | $-1.04 Million |
Industry Comparison
This section compares Sky Gold Corp'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 |
|---|---|---|---|---|
| Sky Gold Corp (SRKZF) | $291.69K | -22.44% | 1.46x | $1.55 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 |