SKY Metals Ltd
Sky Metals Limited engages in the exploration and development of mineral resources in Australia. The company explores for gold, copper, tin, tungsten, copper, bismuth, indium, nickel, silver, lead, and zinc deposits. The company was formerly known as Planet Gas Limited and changed its name to Sky Metals Limited in June 2019. Sky Metals Limited was incorporated in 2001 and is based in Orange, Aust… Read more
SKY Metals Ltd (SKY) - Total Assets
Latest total assets as of June 2025: AU$21.94 Million AUD
Based on the latest financial reports, SKY Metals Ltd (SKY) holds total assets worth AU$21.94 Million AUD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SKY Metals Ltd - Total Assets Trend (2003–2024)
This chart illustrates how SKY Metals Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SKY Metals Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
SKY Metals Ltd's total assets of AU$21.94 Million consist of 16.4% current assets and 83.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 11.1% |
| Accounts Receivable | AU$122.21K | 0.6% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$18.06 Million | 82.3% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how SKY Metals Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SKY Metals Ltd's current assets represent 16.4% of total assets in 2024, a decrease from 80.2% in 2003.
- Cash Position: Cash and equivalents constituted 11.1% of total assets in 2024, down from 80.0% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is property, plant & equipment at 82.3% of total assets.
SKY Metals Ltd Competitors by Total Assets
Key competitors of SKY Metals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
SKY Metals Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - SKY Metals Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SKY Metals Ltd is currently not profitable relative to its asset base.
SKY Metals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.84 | 3.42 | 29.00 |
| Quick Ratio | 2.84 | 3.42 | 130.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | AU$2.33 Million | AU$ 2.37 Million | AU$ 9.99K |
SKY Metals Ltd - Advanced Valuation Insights
This section examines the relationship between SKY Metals Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.90 |
| Latest Market Cap to Assets Ratio | 2.51 |
| Asset Growth Rate (YoY) | 19.1% |
| Total Assets | AU$21.94 Million |
| Market Capitalization | $55.16 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values SKY Metals Ltd's assets at a significant premium ( 2.51x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: SKY Metals Ltd's assets grew by 19.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SKY Metals Ltd (2003–2024)
The table below shows the annual total assets of SKY Metals Ltd from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$21.94 Million | +19.14% |
| 2023-12-31 | AU$18.42 Million | +118616.97% |
| 2022-12-31 | AU$15.51K | -27.98% |
| 2021-12-31 | AU$21.54K | +24.62% |
| 2020-12-31 | AU$17.28K | +132.59% |
| 2019-12-31 | AU$7.43K | +2883.98% |
| 2018-12-31 | AU$249.03 | -93.30% |
| 2017-12-31 | AU$3.72K | -15.08% |
| 2016-12-31 | AU$4.38K | -13.82% |
| 2015-12-31 | AU$5.08K | +14.22% |
| 2014-12-31 | AU$4.45K | -99.92% |
| 2013-12-31 | AU$5.28 Million | +308.82% |
| 2012-12-31 | AU$1.29 Million | -81.60% |
| 2011-12-31 | AU$7.02 Million | -47.84% |
| 2010-12-31 | AU$13.46 Million | -27.10% |
| 2009-12-31 | AU$18.47 Million | +160.30% |
| 2008-12-31 | AU$7.09 Million | -69.01% |
| 2007-12-31 | AU$22.89 Million | +1.81% |
| 2006-12-31 | AU$22.49 Million | +18.79% |
| 2005-12-31 | AU$18.93 Million | -5.65% |
| 2004-12-31 | AU$20.06 Million | +31.77% |
| 2003-12-31 | AU$15.23 Million | -- |