Skyharbour Resources Ltd (SYH) - Net Assets

Latest as of December 2025: CA$41.16 Million CAD ≈ $29.78 Million USD

Based on the latest financial reports, Skyharbour Resources Ltd (SYH) has net assets worth CA$41.16 Million CAD (≈ $29.78 Million 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$41.67 Million ≈ $30.14 Million USD) and total liabilities (CA$503.11K ≈ $363.94K 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 Skyharbour Resources Ltd (SYH) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$41.16 Million
% of Total Assets	98.79%
Annual Growth Rate	25.8%
5-Year Change	151.03%
10-Year Change	1878.04%
Growth Volatility	364.0

Skyharbour Resources Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Skyharbour Resources Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Skyharbour Resources Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Skyharbour Resources Ltd (2001–2025)

The table below shows the annual net assets of Skyharbour Resources Ltd from 2001 to 2025. For live valuation and market cap data, see market cap of Skyharbour Resources Ltd.

Year	Net Assets	Change
2025-03-31	CA$40.13 Million ≈ $29.03 Million	+28.39%
2024-03-31	CA$31.25 Million ≈ $22.61 Million	+31.10%
2023-03-31	CA$23.84 Million ≈ $17.25 Million	+5.74%
2022-03-31	CA$22.55 Million ≈ $16.31 Million	+41.05%
2021-03-31	CA$15.98 Million ≈ $11.56 Million	+45.75%
2020-03-31	CA$10.97 Million ≈ $7.93 Million	+1.67%
2019-03-31	CA$10.79 Million ≈ $7.80 Million	+28.65%
2018-03-31	CA$8.39 Million ≈ $6.07 Million	+24.78%
2017-03-31	CA$6.72 Million ≈ $4.86 Million	+231.29%
2016-03-31	CA$2.03 Million ≈ $1.47 Million	-10.02%
2015-03-31	CA$2.25 Million ≈ $1.63 Million	+71.87%
2014-03-31	CA$1.31 Million ≈ $948.95K	+17.25%
2013-03-31	CA$1.12 Million ≈ $809.31K	-58.24%
2012-03-31	CA$2.68 Million ≈ $1.94 Million	+58.68%
2011-03-31	CA$1.69 Million ≈ $1.22 Million	-56.93%
2010-03-31	CA$3.92 Million ≈ $2.84 Million	-4.17%
2009-03-31	CA$4.09 Million ≈ $2.96 Million	-13.67%
2008-03-31	CA$4.74 Million ≈ $3.43 Million	+12.18%
2007-03-31	CA$4.22 Million ≈ $3.06 Million	+68.61%
2006-03-31	CA$2.51 Million ≈ $1.81 Million	+99.83%
2005-03-31	CA$1.25 Million ≈ $906.87K	-21.82%
2004-03-31	CA$1.60 Million ≈ $1.16 Million	+28.32%
2003-03-31	CA$1.25 Million ≈ $904.02K	+1822.77%
2002-03-31	CA$65.00K ≈ $47.02K	-60.06%
2001-03-31	CA$162.74K ≈ $117.73K	--

Equity Component Analysis

This analysis shows how different components contribute to Skyharbour 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 3523225500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Other Components	CA$93.96 Million	234.16%
Total Equity	CA$40.13 Million	100.00%

Skyharbour Resources Ltd Competitors by Market Cap

The table below lists competitors of Skyharbour Resources Ltd ranked by their market capitalization.

Company	Market Cap
Panache Digilife Limited NSE:PANACHE	$69.85 Million
Electrocore LLC NASDAQ:ECOR	$69.89 Million
Ideal Power Inc NASDAQ:IPWR	$69.90 Million
Vitura S.A. PA:VTR	$69.90 Million
Sempio Foods Co KO:248170	$69.79 Million
Simply Better Brands Corp V:SBBC	$69.78 Million
Sekar Laut Tbk JK:SKLT	$69.78 Million
Transindia Real Estate Limited NSE:TREL	$69.75 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Skyharbour Resources Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 31,254,882 to 40,127,277, a change of 8,872,395 (28.4%).
Net loss of 106,983 reduced equity.
New share issuances of 10,020,000 increased equity.
Other comprehensive income decreased equity by 8,406,446.
Other factors increased equity by 7,365,824.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-106.98K	-0.27%
Share Issuances	CA$10.02 Million	+24.97%
Other Comprehensive Income	CA$-8.41 Million	-20.95%
Other Changes	CA$7.37 Million	+18.36%
Total Change	CA$-	28.39%

Book Value vs Market Value Analysis

This analysis compares Skyharbour 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: 2.32x
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 0.21x to 2.32x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-03-31	CA$2.19	CA$0.46	x
2002-03-31	CA$0.67	CA$0.46	x
2003-03-31	CA$5.14	CA$0.46	x
2004-03-31	CA$3.21	CA$0.46	x
2005-03-31	CA$1.64	CA$0.46	x
2006-03-31	CA$2.28	CA$0.46	x
2007-03-31	CA$2.47	CA$0.46	x
2008-03-31	CA$2.05	CA$0.46	x
2009-03-31	CA$1.61	CA$0.46	x
2010-03-31	CA$1.44	CA$0.46	x
2011-03-31	CA$0.57	CA$0.46	x
2012-03-31	CA$0.63	CA$0.46	x
2013-03-31	CA$0.13	CA$0.46	x
2014-03-31	CA$0.13	CA$0.46	x
2015-03-31	CA$0.15	CA$0.46	x
2016-03-31	CA$0.09	CA$0.46	x
2017-03-31	CA$0.18	CA$0.46	x
2018-03-31	CA$0.16	CA$0.46	x
2019-03-31	CA$0.18	CA$0.46	x
2020-03-31	CA$0.16	CA$0.46	x
2021-03-31	CA$0.17	CA$0.46	x
2022-03-31	CA$0.18	CA$0.46	x
2023-03-31	CA$0.17	CA$0.46	x
2024-03-31	CA$0.19	CA$0.46	x
2025-03-31	CA$0.20	CA$0.46	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Skyharbour 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): -0.27%
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: 1.03x
Recent ROE (-0.27%) is above the historical average (-84.29%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	-225.15%	0.00%	0.00x	1.09x	CA$-382.69K
2002	-933.11%	0.00%	0.00x	2.53x	CA$-612.97K
2003	-58.53%	0.00%	0.00x	1.12x	CA$-856.47K
2004	-64.44%	0.00%	0.00x	1.08x	CA$-1.19 Million
2005	-85.53%	0.00%	0.00x	1.09x	CA$-1.20 Million
2006	-24.77%	0.00%	0.00x	1.02x	CA$-870.98K
2007	-12.15%	0.00%	0.00x	1.01x	CA$-935.76K
2008	-28.28%	0.00%	0.00x	1.06x	CA$-1.81 Million
2009	-32.51%	0.00%	0.00x	1.02x	CA$-1.74 Million
2010	-15.19%	0.00%	0.00x	1.05x	CA$-987.38K
2011	-142.31%	0.00%	0.00x	1.09x	CA$-2.57 Million
2012	-21.92%	0.00%	0.00x	1.00x	CA$-855.19K
2013	-140.47%	0.00%	0.00x	1.02x	CA$-1.68 Million
2014	-113.71%	0.00%	0.00x	1.04x	CA$-1.62 Million
2015	-63.06%	0.00%	0.00x	1.07x	CA$-1.65 Million
2016	-28.80%	0.00%	0.00x	1.01x	CA$-787.10K
2017	-21.66%	0.00%	0.00x	1.10x	CA$-2.13 Million
2018	-11.86%	0.00%	0.00x	1.05x	CA$-1.83 Million
2019	-15.44%	0.00%	0.00x	1.03x	CA$-2.74 Million
2020	-13.51%	0.00%	0.00x	1.02x	CA$-2.58 Million
2021	-5.46%	0.00%	0.00x	1.01x	CA$-2.47 Million
2022	-12.33%	0.00%	0.00x	1.02x	CA$-5.03 Million
2023	-21.45%	0.00%	0.00x	1.03x	CA$-7.50 Million
2024	-15.40%	0.00%	0.00x	1.07x	CA$-7.94 Million
2025	-0.27%	0.00%	0.00x	1.03x	CA$-4.12 Million

Industry Comparison

This section compares Skyharbour 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: $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
Skyharbour Resources Ltd (SYH)	CA$41.16 Million	-225.15%	0.01x	$69.81 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 Skyharbour Resources Ltd

V:SYH Canada Other Industrial Metals & Mining

Market Cap

$69.81 Million

CA$96.50 Million CAD

Market Cap Rank

#20694 Global

#714 in Canada

Share Price

CA$0.46

Change (1 day)

+8.33%

52-Week Range

CA$0.28 - CA$0.62

All Time High

CA$0.84