PrairieSky Royalty Ltd (PSK) - Net Assets
Based on the latest financial reports, PrairieSky Royalty Ltd (PSK) has net assets worth CA$2.53 Billion CAD (≈ $1.83 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.16 Billion ≈ $2.29 Billion USD) and total liabilities (CA$630.60 Million ≈ $456.17 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. Also explore PSK total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$2.53 Billion |
| % of Total Assets | 80.04% |
| 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. Check PrairieSky Royalty Ltd (PSK) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see PSK stock market capitalisation.
| 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 |
|---|---|
|
ATCO Ltd
TO:ACO-X
|
$5.83 Billion |
|
APL Apollo Tubes Limited
NSE:APLAPOLLO
|
$5.83 Billion |
|
Tsingtao Brewery Co Ltd
SHG:600600
|
$5.83 Billion |
|
AMMB Holdings Bhd
KLSE:1015
|
$5.84 Billion |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
$5.82 Billion |
|
Bruker Corporation
NASDAQ:BRKR
|
$5.82 Billion |
|
Churchill Downs Incorporated
NASDAQ:CHDN
|
$5.82 Billion |
|
Sam Yang Foods
KO:003230
|
$5.82 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: 3.17x
- 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 decreased from 17.82x to 3.17x 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$34.67 | x |
| 2013-12-31 | CA$0.00 | CA$34.67 | x |
| 2014-12-31 | CA$6.18 | CA$34.67 | x |
| 2015-12-31 | CA$17.37 | CA$34.67 | x |
| 2016-12-31 | CA$11.08 | CA$34.67 | x |
| 2017-12-31 | CA$11.49 | CA$34.67 | x |
| 2018-12-31 | CA$10.93 | CA$34.67 | x |
| 2019-12-31 | CA$10.62 | CA$34.67 | x |
| 2020-12-31 | CA$10.18 | CA$34.67 | x |
| 2021-12-31 | CA$11.59 | CA$34.67 | x |
| 2022-12-31 | CA$11.58 | CA$34.67 | x |
| 2023-12-31 | CA$11.57 | CA$34.67 | x |
| 2024-12-31 | CA$11.48 | CA$34.67 | x |
| 2025-12-31 | CA$10.93 | CA$34.67 | 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: $410,668,198
- Average return on equity (ROE) among peers: -19.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PrairieSky Royalty Ltd (PSK) | CA$2.53 Billion | 29.14% | 0.25x | $5.83 Billion |
| Advantage Oil & Gas Ltd. (AAV) | $539.81 Million | 6.38% | 0.91x | $1.33 Billion |
| Africa Energy Corp (AFE) | $75.11 Million | -1.46% | 0.10x | $58.93 Million |
| Alvopetro Energy (ALV) | $55.87 Million | -9.44% | 0.28x | $259.60 Million |
| Africa Oil Corp (AOI) | $-294.80K | 0.00% | 0.00x | $820.85 Million |
| Altima Resources Ltd (ARH) | $7.61 Million | -143.99% | 1.34x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $1.55 Billion | 18.70% | 0.47x | $13.96 Billion |
| Athabasca Oil Corp (ATH) | $1.86 Billion | 25.10% | 0.33x | $3.63 Billion |
| Altai Resources Inc. (ATI) | $4.64 Million | -4.40% | 0.06x | $1.12 Million |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $8.30 Million | -34.04% | 0.16x | $107.53 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.