PrairieSky Royalty Ltd (PSK) - Net Assets
Based on the latest financial reports, PrairieSky Royalty Ltd (PSK) has net assets worth CA$2.54 Billion CAD (≈ $1.84 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.15 Billion ≈ $2.28 Billion USD) and total liabilities (CA$604.50 Million ≈ $437.29 Million USD). 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 | CA$2.54 Billion |
| % of Total Assets | 80.79% |
| Annual Growth Rate | 19.42% |
| 5-Year Change | -2.0% |
| 10-Year Change | 0.3% |
| Growth Volatility | 60.65 |
PrairieSky Royalty Ltd - Net Assets Trend (2012–2025)
This chart illustrates how PrairieSky Royalty 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 PrairieSky Royalty Ltd (2012–2025)
The table below shows the annual net assets of PrairieSky Royalty Ltd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$2.54 Billion ≈ $1.84 Billion |
-7.30% |
| 2024-12-31 | CA$2.74 Billion ≈ $1.98 Billion |
-0.86% |
| 2023-12-31 | CA$2.77 Billion ≈ $2.00 Billion |
-0.07% |
| 2022-12-31 | CA$2.77 Billion ≈ $2.00 Billion |
+6.69% |
| 2021-12-31 | CA$2.59 Billion ≈ $1.88 Billion |
+10.81% |
| 2020-12-31 | CA$2.34 Billion ≈ $1.69 Billion |
-5.80% |
| 2019-12-31 | CA$2.49 Billion ≈ $1.80 Billion |
-3.42% |
| 2018-12-31 | CA$2.57 Billion ≈ $1.86 Billion |
-5.38% |
| 2017-12-31 | CA$2.72 Billion ≈ $1.97 Billion |
+7.30% |
| 2016-12-31 | CA$2.54 Billion ≈ $1.83 Billion |
-6.46% |
| 2015-12-31 | CA$2.71 Billion ≈ $1.96 Billion |
+181.14% |
| 2014-12-31 | CA$964.00 Million ≈ $697.34 Million |
+5914.94% |
| 2013-12-31 | CA$-16.58 Million ≈ $-11.99 Million |
-106.55% |
| 2012-12-31 | CA$253.06 Million ≈ $183.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PrairieSky Royalty 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 77870000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$3.32 Billion | 130.39% |
| Other Components | CA$6.00 Million | 0.24% |
| Total Equity | CA$2.54 Billion | 100.00% |
PrairieSky Royalty Ltd Competitors by Market Cap
The table below lists competitors of PrairieSky Royalty Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leader Harmonious Drive Systems Co Ltd
SHG:688017
|
$5.51 Billion |
|
Rithm Capital Corp.
NYSE:RITM
|
$5.51 Billion |
|
GUANGDONG INV.UNSP.ADR/50
F:GUG0
|
$5.51 Billion |
|
Yang Ming Marine Transport Corp
TW:2609
|
$5.51 Billion |
|
Floor & Decor Holdings Inc
NYSE:FND
|
$5.50 Billion |
|
YASKAWA ELEC. UNSP. ADR 2
F:YEC0
|
$5.50 Billion |
|
Arcosa Inc
NYSE:ACA
|
$5.50 Billion |
|
H Lundbeck A/S
CO:HLUN-B
|
$5.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PrairieSky Royalty Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,742,700,000 to 2,542,600,000, a change of -200,100,000 (-7.3%).
- Net income of 205,000,000 contributed positively to equity growth.
- Dividend payments of 242,800,000 reduced retained earnings.
- Share repurchases of 161,700,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$205.00 Million | +8.06% |
| Dividends Paid | CA$242.80 Million | -9.55% |
| Share Repurchases | CA$161.70 Million | -6.36% |
| Other Changes | CA$-600.00K | -0.02% |
| Total Change | CA$- | -7.30% |
Book Value vs Market Value Analysis
This analysis compares PrairieSky Royalty 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: 2.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 16.81x to 2.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CA$1.95 | CA$32.70 | x |
| 2013-12-31 | CA$0.00 | CA$32.70 | x |
| 2014-12-31 | CA$6.18 | CA$32.70 | x |
| 2015-12-31 | CA$17.37 | CA$32.70 | x |
| 2016-12-31 | CA$11.08 | CA$32.70 | x |
| 2017-12-31 | CA$11.49 | CA$32.70 | x |
| 2018-12-31 | CA$10.93 | CA$32.70 | x |
| 2019-12-31 | CA$10.62 | CA$32.70 | x |
| 2020-12-31 | CA$10.18 | CA$32.70 | x |
| 2021-12-31 | CA$11.59 | CA$32.70 | x |
| 2022-12-31 | CA$11.58 | CA$32.70 | x |
| 2023-12-31 | CA$11.57 | CA$32.70 | x |
| 2024-12-31 | CA$11.48 | CA$32.70 | x |
| 2025-12-31 | CA$10.93 | CA$32.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PrairieSky Royalty 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): 8.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.87%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.24x
- Recent ROE (8.06%) is below the historical average (8132.59%), 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 | 29.14% | 35.32% | 0.65x | 1.27x | CA$48.43 Million |
| 2013 | 113746.00% | 45.03% | 2525.78x | 1.00x | CA$113.74 Million |
| 2014 | 24.24% | 68.60% | 0.30x | 1.16x | CA$137.26 Million |
| 2015 | 2.32% | 36.40% | 0.06x | 1.08x | CA$-208.02 Million |
| 2016 | 0.79% | 9.84% | 0.07x | 1.09x | CA$-233.50 Million |
| 2017 | 4.43% | 45.00% | 0.09x | 1.09x | CA$-151.40 Million |
| 2018 | 3.09% | 31.84% | 0.09x | 1.09x | CA$-177.96 Million |
| 2019 | 4.48% | 44.72% | 0.09x | 1.09x | CA$-137.17 Million |
| 2020 | 1.35% | 19.85% | 0.06x | 1.11x | CA$-202.45 Million |
| 2021 | 4.75% | 42.00% | 0.08x | 1.35x | CA$-136.16 Million |
| 2022 | 11.47% | 51.27% | 0.18x | 1.23x | CA$40.67 Million |
| 2023 | 8.23% | 47.46% | 0.14x | 1.20x | CA$-49.04 Million |
| 2024 | 7.85% | 45.78% | 0.15x | 1.17x | CA$-58.97 Million |
| 2025 | 8.06% | 42.87% | 0.15x | 1.24x | CA$-49.26 Million |
Industry Comparison
This section compares PrairieSky Royalty Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $400,345,367
- Average return on equity (ROE) among peers: -12.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PrairieSky Royalty Ltd (PSK) | CA$2.54 Billion | 29.14% | 0.24x | $5.50 Billion |
| Advantage Oil & Gas Ltd. (AAV) | $817.74 Million | -3.90% | 1.67x | $1.15 Billion |
| Africa Energy Corp (AFE) | $41.44 Million | -11.19% | 0.01x | $81.46 Million |
| Alvopetro Energy (ALV) | $47.42 Million | -0.52% | 0.06x | $222.67 Million |
| Africa Oil Corp (AOI) | $5.79 Million | -13.53% | 0.01x | $820.85 Million |
| Altima Resources Ltd (ARH) | $-2.40 Million | 0.00% | 0.00x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $1.84 Billion | 19.45% | 0.77x | $10.73 Billion |
| Athabasca Oil Corp (ATH) | $1.22 Billion | 15.08% | 0.72x | $3.89 Billion |
| Altai Resources Inc. (ATI) | $22.21 Million | -2.68% | 0.02x | $1.42 Million |
| Avanti Energy Inc (AVN) | $15.44 Million | -68.41% | 0.11x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $143.88K | -59.73% | 0.06x | $82.72 Million |
About PrairieSky Royalty Ltd
PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.9 million acres with petroleum and/or natural gas rights, 8.7 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.