Skeena Resources Ltd (SKE) - Net Assets

Latest as of September 2025: CA$85.26 Million CAD ≈ $61.68 Million USD

Based on the latest financial reports, Skeena Resources Ltd (SKE) has net assets worth CA$85.26 Million CAD (≈ $61.68 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 (CA$647.20 Million ≈ $468.18 Million USD) and total liabilities (CA$561.94 Million ≈ $406.50 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 total assets of Skeena Resources Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$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. For live valuation and market cap data, see SKE market cap overview.

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. Explore Skeena Resources Ltd (SKE) cash conversion ratio to assess how effectively this company generates cash.

Year	Net Assets	Change
2024-12-31	CA$90.61 Million ≈ $65.55 Million	-27.24%
2023-12-31	CA$124.53 Million ≈ $90.09 Million	-9.25%
2022-12-31	CA$137.23 Million ≈ $99.27 Million	+11.07%
2021-12-31	CA$123.55 Million ≈ $89.37 Million	+13.40%
2020-12-31	CA$108.95 Million ≈ $78.81 Million	+838.67%
2019-12-31	CA$11.61 Million ≈ $8.40 Million	-37.48%
2018-12-31	CA$18.57 Million ≈ $13.43 Million	-15.99%
2017-12-31	CA$22.10 Million ≈ $15.99 Million	+8.91%
2016-12-31	CA$20.29 Million ≈ $14.68 Million	+95.75%
2015-12-31	CA$10.37 Million ≈ $7.50 Million	+36.28%
2014-12-31	CA$7.61 Million ≈ $5.50 Million	+2259.55%
2013-12-31	CA$322.42K ≈ $233.23K	-37.25%
2012-12-31	CA$513.78K ≈ $371.66K	-77.37%
2011-12-31	CA$2.27 Million ≈ $1.64 Million	+78.23%
2010-12-31	CA$1.27 Million ≈ $921.33K	+2689.58%
2009-12-31	CA$-49.18K ≈ $-35.58K	-101.00%
2008-12-31	CA$4.94 Million ≈ $3.57 Million	-48.14%
2007-12-31	CA$9.53 Million ≈ $6.89 Million	+57.69%
2006-12-31	CA$6.04 Million ≈ $4.37 Million	+30.67%
2005-12-31	CA$4.62 Million ≈ $3.35 Million	+78.59%
2004-12-31	CA$2.59 Million ≈ $1.87 Million	+195.93%
2003-12-31	CA$874.99K ≈ $632.95K	+208.30%
2002-12-31	CA$283.81K ≈ $205.31K	-35.29%
2001-12-31	CA$438.61K ≈ $317.28K	--

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	CA$670.13 Million	739.55%
Other Comprehensive Income	CA$47.60 Million	52.53%
Total Equity	CA$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
Fulton Financial Corporation NASDAQ:FULT	$3.54 Billion
SpringWorks Therapeutics Inc NASDAQ:SWTX	$3.54 Billion
Shanxi Taigang Stainless Steel Co Ltd SHE:000825	$3.54 Billion
SHAND.GOLD MNG LTD H HD 1 F:188H	$3.54 Billion
Constellium SE F:3OK	$3.53 Billion
Advance Auto Parts Inc NYSE:AAP	$3.53 Billion
Box Inc NYSE:BOX	$3.53 Billion
Solaris Energy Infrastructure, Inc. NYSE:SEI	$3.53 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.
Share repurchases of 125,633,000 reduced equity.
New share issuances of 122,750,000 increased equity.
Other comprehensive income decreased equity by 1,452,999.
Other factors increased equity by 122,352,999.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-151.94 Million	-167.68%
Share Repurchases	CA$125.63 Million	-138.65%
Share Issuances	CA$122.75 Million	+135.47%
Other Comprehensive Income	CA$-1.45 Million	-1.6%
Other Changes	CA$122.35 Million	+135.03%
Total Change	CA$-	-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: 44.14x
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 6.55x to 44.14x 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	CA$6.16	CA$40.35	x
2002-12-31	CA$3.29	CA$40.35	x
2003-12-31	CA$8.56	CA$40.35	x
2004-12-31	CA$23.26	CA$40.35	x
2005-12-31	CA$27.04	CA$40.35	x
2006-12-31	CA$28.90	CA$40.35	x
2007-12-31	CA$37.47	CA$40.35	x
2008-12-31	CA$16.68	CA$40.35	x
2009-12-31	CA$-0.13	CA$40.35	x
2010-12-31	CA$2.66	CA$40.35	x
2011-12-31	CA$3.62	CA$40.35	x
2012-12-31	CA$0.81	CA$40.35	x
2013-12-31	CA$0.50	CA$40.35	x
2014-12-31	CA$6.15	CA$40.35	x
2015-12-31	CA$1.78	CA$40.35	x
2016-12-31	CA$1.95	CA$40.35	x
2017-12-31	CA$1.43	CA$40.35	x
2018-12-31	CA$0.84	CA$40.35	x
2019-12-31	CA$0.43	CA$40.35	x
2020-12-31	CA$2.58	CA$40.35	x
2021-12-31	CA$2.07	CA$40.35	x
2022-12-31	CA$1.95	CA$40.35	x
2023-12-31	CA$1.48	CA$40.35	x
2024-12-31	CA$0.91	CA$40.35	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 (-63.41%), 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	CA$-90.60K
2002	-121.49%	0.00%	0.00x	1.64x	CA$-373.18K
2003	-68.46%	0.00%	0.00x	1.04x	CA$-686.50K
2004	-8.61%	0.00%	0.00x	1.10x	CA$-481.93K
2005	-23.57%	0.00%	0.00x	1.02x	CA$-1.55 Million
2006	-10.54%	0.00%	0.00x	1.01x	CA$-1.24 Million
2007	-8.64%	0.00%	0.00x	1.03x	CA$-1.78 Million
2008	-128.26%	0.00%	0.00x	1.22x	CA$-6.83 Million
2009	0.00%	0.00%	0.00x	0.00x	CA$-6.01 Million
2010	-59.43%	0.00%	0.00x	1.21x	CA$-884.28K
2011	-14.05%	0.00%	0.00x	1.03x	CA$-546.00K
2012	-0.05%	0.00%	0.00x	1.46x	CA$-51.61K
2013	-59.35%	0.00%	0.00x	2.30x	CA$-223.60K
2014	-41.06%	0.00%	0.00x	1.06x	CA$-3.88 Million
2015	-68.20%	0.00%	0.00x	1.23x	CA$-8.11 Million
2016	-66.78%	0.00%	0.00x	1.10x	CA$-15.58 Million
2017	-45.26%	0.00%	0.00x	1.17x	CA$-12.21 Million
2018	-83.59%	0.00%	0.00x	1.32x	CA$-17.38 Million
2019	-233.33%	0.00%	0.00x	2.10x	CA$-28.24 Million
2020	-55.36%	0.00%	0.00x	1.27x	CA$-71.21 Million
2021	-95.16%	0.00%	0.00x	1.25x	CA$-129.92 Million
2022	-64.78%	0.00%	0.00x	1.22x	CA$-102.61 Million
2023	-87.51%	0.00%	0.00x	1.57x	CA$-121.43 Million
2024	-167.68%	0.00%	0.00x	3.03x	CA$-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: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Skeena Resources Ltd (SKE)	CA$85.26 Million	-10.66%	6.59x	$3.53 Billion
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About Skeena Resources Ltd

TO:SKE Canada Other Industrial Metals & Mining

Market Cap

$3.53 Billion

CA$4.89 Billion CAD

Market Cap Rank

#4469 Global

#148 in Canada

Share Price

CA$40.35

Change (1 day)

+1.87%

52-Week Range

CA$15.54 - CA$51.99

All Time High

CA$51.99