SKRR Exploration Inc (SKRR) - Net Assets
Based on the latest financial reports, SKRR Exploration Inc (SKRR) has net assets worth CA$1.85 Million CAD (≈ $1.34 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.86 Million ≈ $1.35 Million USD) and total liabilities (CA$11.55K ≈ $8.35K 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. Check SKRR Exploration Inc (SKRR) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.85 Million |
| % of Total Assets | 99.38% |
| 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. See defensive interval ratio of SKRR Exploration Inc to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see how much is SKRR Exploration Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$2.01 Million ≈ $1.46 Million |
-63.39% |
| 2024-04-30 | CA$5.50 Million ≈ $3.98 Million |
-5.20% |
| 2023-04-30 | CA$5.80 Million ≈ $4.20 Million |
-38.27% |
| 2022-04-30 | CA$9.39 Million ≈ $6.80 Million |
+11.21% |
| 2021-04-30 | CA$8.45 Million ≈ $6.11 Million |
+280.87% |
| 2020-04-30 | CA$2.22 Million ≈ $1.60 Million |
+382.73% |
| 2019-04-30 | CA$-784.47K ≈ $-567.47K |
-23.05% |
| 2018-04-30 | CA$-637.52K ≈ $-461.17K |
-243.43% |
| 2017-04-30 | CA$-185.63K ≈ $-134.29K |
-23.89% |
| 2016-04-30 | CA$-149.84K ≈ $-108.39K |
-113.51% |
| 2015-04-30 | CA$1.11 Million ≈ $802.32K |
-27.84% |
| 2014-04-30 | CA$1.54 Million ≈ $1.11 Million |
+188.81% |
| 2013-04-30 | CA$532.19K ≈ $384.98K |
+371.27% |
| 2012-04-30 | CA$112.93K ≈ $81.69K |
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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 |
|---|---|---|
| Other Components | CA$20.06 Million | 996.52% |
| Total Equity | CA$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 |
|---|---|
|
Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB
|
$3.12 Million |
|
Empire Metals Limited
LSE:EEE
|
$3.12 Million |
|
Xpon Technologies Group Ltd
AU:XPN
|
$3.12 Million |
|
Bounty Oil & Gas NL
AU:BUY
|
$3.12 Million |
|
Iljeong Ind
KO:008500
|
$3.12 Million |
|
Fon SE
WAR:FON
|
$3.12 Million |
|
McBride plc
LSE:MCB
|
$3.11 Million |
|
Bridge Saas Ltd
AU:BGE
|
$3.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SKRR Exploration Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,498,015 to 2,012,738, a change of -3,485,277 (-63.4%).
- Net loss of 5,142,118 reduced equity.
- New share issuances of 1,335,000 increased equity.
- Other factors increased equity by 321,841.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-5.14 Million | -255.48% |
| Share Issuances | CA$1.33 Million | +66.33% |
| Other Changes | CA$321.84K | +15.99% |
| Total Change | CA$- | -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: 2.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.08x to 2.11x 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 | CA$2.99 | CA$0.25 | x |
| 2013-04-30 | CA$10.62 | CA$0.25 | x |
| 2014-04-30 | CA$19.94 | CA$0.25 | x |
| 2015-04-30 | CA$7.22 | CA$0.25 | x |
| 2016-04-30 | CA$-0.40 | CA$0.25 | x |
| 2017-04-30 | CA$-0.43 | CA$0.25 | x |
| 2018-04-30 | CA$-1.46 | CA$0.25 | x |
| 2019-04-30 | CA$-1.57 | CA$0.25 | x |
| 2020-04-30 | CA$1.47 | CA$0.25 | x |
| 2021-04-30 | CA$1.36 | CA$0.25 | x |
| 2022-04-30 | CA$0.89 | CA$0.25 | x |
| 2023-04-30 | CA$0.42 | CA$0.25 | x |
| 2024-04-30 | CA$1.14 | CA$0.25 | x |
| 2025-04-30 | CA$0.12 | CA$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SKRR Exploration Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -255.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (-255.48%) is below the historical average (-52.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -103.04% | 0.00% | 0.00x | 3.34x | CA$-127.65K |
| 2013 | -50.98% | 0.00% | 0.00x | 1.14x | CA$-324.52K |
| 2014 | -38.27% | 0.00% | 0.00x | 1.15x | CA$-742.00K |
| 2015 | -171.94% | 0.00% | 0.00x | 1.11x | CA$-2.02 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-2.17 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-52.73K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-438.39K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-313.95K |
| 2020 | 0.75% | 0.00% | 0.00x | 1.03x | CA$-205.13K |
| 2021 | -14.48% | 0.00% | 0.00x | 1.09x | CA$-2.07 Million |
| 2022 | -8.79% | 0.00% | 0.00x | 1.00x | CA$-1.77 Million |
| 2023 | -69.66% | 0.00% | 0.00x | 1.01x | CA$-4.62 Million |
| 2024 | -17.40% | 0.00% | 0.00x | 1.04x | CA$-1.51 Million |
| 2025 | -255.48% | 0.00% | 0.00x | 1.04x | CA$-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: $40,440,349
- Average return on equity (ROE) among peers: -44.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SKRR Exploration Inc (SKRR) | CA$1.85 Million | -103.04% | 0.01x | $3.12 Million |
| Aftermath Silver Ltd (AAG) | $23.92 Million | -29.78% | 0.34x | $168.05 Million |
| Aton Resources Inc (AAN) | $2.59 Million | -161.78% | 0.36x | $43.33 Million |
| Arbor Metals Corp (ABR) | $3.78 Million | -10.88% | 0.34x | $8.19 Million |
| Asiabasemetals Inc (ABZ) | $717.72K | -45.73% | 0.05x | $3.27 Million |
| Adex Mining Inc (ADE) | $-4.38 Million | 0.00% | 0.00x | $67.72 Million |
| Alphamin Res (AFM) | $310.73 Million | 15.51% | 0.36x | $1.34 Billion |
| Silver X Mining Corp (AGX) | $18.71 Million | -66.45% | 1.77x | $126.80 Million |
| Amarc Resources Ltd. (AHR) | $1.25 Million | -166.39% | 1.91x | $163.00 Million |
| Almonty Industries Inc (AII) | $47.10 Million | 22.07% | 0.87x | $5.44 Billion |
| Aldebaran Resources Inc (ALDE) | $1.00 | 0.00% | 0.00x | $390.90 Million |
About 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