Sky Gold Corp (SKYG) - Net Assets

Latest as of September 2025: CA$291.28K CAD ≈ $210.70K USD

Based on the latest financial reports, Sky Gold Corp (SKYG) has net assets worth CA$291.28K CAD (≈ $210.70K 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$717.46K ≈ $519.00K USD) and total liabilities (CA$426.19K ≈ $308.30K 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 SKYG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$291.28K
% of Total Assets	40.6%
Annual Growth Rate	11.2%
5-Year Change	-93.43%
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. Also explore how large is Sky Gold Corp's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Sky Gold Corp worth.

Year	Net Assets	Change
2025-06-30	CA$372.49K ≈ $269.45K	-54.58%
2024-06-30	CA$820.12K ≈ $593.26K	+71.09%
2023-06-30	CA$479.35K ≈ $346.75K	-90.81%
2022-06-30	CA$5.21 Million ≈ $3.77 Million	-8.00%
2021-06-30	CA$5.67 Million ≈ $4.10 Million	+284.86%
2020-06-30	CA$1.47 Million ≈ $1.07 Million	-43.22%
2019-06-30	CA$2.59 Million ≈ $1.88 Million	+16.82%
2018-06-30	CA$2.22 Million ≈ $1.61 Million	+55.87%
2017-06-30	CA$1.42 Million ≈ $1.03 Million	+1276.70%
2016-06-30	CA$-121.05K ≈ $-87.57K	-121.38%
2015-06-30	CA$566.18K ≈ $409.57K	+171.94%
2014-06-30	CA$-787.01K ≈ $-569.31K	-79.50%
2013-06-30	CA$-438.44K ≈ $-317.16K	-121.34%
2012-06-30	CA$2.05 Million ≈ $1.49 Million	+146.83%
2011-06-30	CA$832.24K ≈ $602.03K	+997.08%
2010-06-30	CA$75.86K ≈ $54.88K	-51.88%
2009-06-30	CA$157.63K ≈ $114.03K	+157.37%
2008-06-30	CA$61.25K ≈ $44.31K	--

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 2286031200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Other Components	CA$23.25 Million	6240.87%
Total Equity	CA$372.49K	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
Decoy Therapeutics Inc. NASDAQ:DCOY	$3.14 Million
Noratis AG XETRA:NUVA	$3.14 Million
CubicFarm Systems Corp V:CUB	$3.14 Million
Pembroke VCT PLC LSE:PEMB	$3.14 Million
Norden Crown Metals Corp V:NOCR	$3.14 Million
Singularity Future Technology Ltd NASDAQ:SGLY	$3.14 Million
Petrotal Corp LSE:PTAL	$3.14 Million
Transatlantic Mining Corp V:TCO	$3.13 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 372,489, a change of -447,629 (-54.6%).
Net loss of 551,329 reduced equity.
Other factors increased equity by 103,700.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-551.33K	-148.01%
Other Changes	CA$103.70K	+27.84%
Total Change	CA$-	-54.58%

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: 8.12x
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 8.12x 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	CA$43.78	CA$0.06	x
2009-06-30	CA$112.68	CA$0.06	x
2010-06-30	CA$56.91	CA$0.06	x
2011-06-30	CA$503.17	CA$0.06	x
2012-06-30	CA$189.47	CA$0.06	x
2013-06-30	CA$-30.07	CA$0.06	x
2014-06-30	CA$-52.41	CA$0.06	x
2015-06-30	CA$5.64	CA$0.06	x
2016-06-30	CA$-1.04	CA$0.06	x
2017-06-30	CA$1.82	CA$0.06	x
2018-06-30	CA$1.60	CA$0.06	x
2019-06-30	CA$0.98	CA$0.06	x
2020-06-30	CA$0.19	CA$0.06	x
2021-06-30	CA$0.28	CA$0.06	x
2022-06-30	CA$0.20	CA$0.06	x
2023-06-30	CA$0.02	CA$0.06	x
2024-06-30	CA$0.02	CA$0.06	x
2025-06-30	CA$0.01	CA$0.06	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): -148.01%
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 (-148.01%) is below the historical average (-126.60%), 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	CA$-19.87K
2009	-51.96%	0.00%	0.00x	1.15x	CA$-97.66K
2010	-107.79%	0.00%	0.00x	1.21x	CA$-89.36K
2011	-61.90%	0.00%	0.00x	1.05x	CA$-598.36K
2012	-57.06%	0.00%	0.00x	1.32x	CA$-1.35 Million
2013	0.00%	0.00%	0.00x	0.00x	CA$-2.45 Million
2014	0.00%	0.00%	0.00x	0.00x	CA$-271.89K
2015	-50.55%	0.00%	0.00x	1.66x	CA$-344.30K
2016	0.00%	0.00%	0.00x	0.00x	CA$-1.10 Million
2017	-83.43%	0.00%	0.00x	1.10x	CA$-1.33 Million
2018	-40.70%	0.00%	0.00x	1.16x	CA$-1.13 Million
2019	-108.71%	0.00%	0.00x	1.06x	CA$-3.08 Million
2020	-175.55%	0.00%	0.00x	1.04x	CA$-2.73 Million
2021	-22.41%	0.00%	0.00x	1.01x	CA$-1.84 Million
2022	-17.00%	0.00%	0.00x	1.03x	CA$-1.41 Million
2023	-1272.01%	0.00%	0.00x	1.21x	CA$-6.15 Million
2024	-59.35%	0.00%	0.00x	1.25x	CA$-568.72K
2025	-148.01%	0.00%	0.00x	1.93x	CA$-588.58K

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: $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
Sky Gold Corp (SKYG)	CA$291.28K	-22.44%	1.46x	$3.14 Million
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 Sky Gold Corp

V:SKYG Canada Other Industrial Metals & Mining

Market Cap

$3.14 Million

CA$4.34 Million CAD

Market Cap Rank

#29146 Global

#1411 in Canada

Share Price

CA$0.06

Change (1 day)

+0.00%

52-Week Range

CA$0.02 - CA$0.09

All Time High

CA$13.50