SKY Metals Ltd (SKY) - Total Assets
Based on the latest financial reports, SKY Metals Ltd (SKY) holds total assets worth AU$21.94 Million AUD (≈ $15.53 Million USD) 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. See what is SKY Metals Ltd's book value for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see SKY market cap.
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 |
|---|---|---|
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
New Gold Inc
TO:NGD
|
Canada | CA$2.37 Billion |
|
Franco-Nevada Corporation
TO:FNV
|
Canada | CA$8.23 Billion |
|
Kinross Gold Corp
TO:K
|
Canada | CA$12.12 Billion |
|
Pan American Silver Corp
TO:PAAS
|
Canada | CA$9.72 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
Harmony Gold Mining Company Limited
F:HAM
|
Germany | €68.90 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$2.88 Billion |
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 | 4.94 |
| Asset Growth Rate (YoY) | 19.1% |
| Total Assets | AU$21.94 Million |
| Market Capitalization | $108.40 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values SKY Metals Ltd's assets at a significant premium (4.94x), 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 ≈ $15.53 Million |
+19.14% |
| 2023-12-31 | AU$18.42 Million ≈ $13.03 Million |
+118616.97% |
| 2022-12-31 | AU$15.51K ≈ $10.98K |
-27.98% |
| 2021-12-31 | AU$21.54K ≈ $15.24K |
+24.62% |
| 2020-12-31 | AU$17.28K ≈ $12.23K |
+132.59% |
| 2019-12-31 | AU$7.43K ≈ $5.26K |
+2883.98% |
| 2018-12-31 | AU$249.03 ≈ $176.20 |
-93.30% |
| 2017-12-31 | AU$3.72K ≈ $2.63K |
-15.08% |
| 2016-12-31 | AU$4.38K ≈ $3.10K |
-13.82% |
| 2015-12-31 | AU$5.08K ≈ $3.59K |
+14.22% |
| 2014-12-31 | AU$4.45K ≈ $3.15K |
-99.92% |
| 2013-12-31 | AU$5.28 Million ≈ $3.74 Million |
+308.82% |
| 2012-12-31 | AU$1.29 Million ≈ $914.08K |
-81.60% |
| 2011-12-31 | AU$7.02 Million ≈ $4.97 Million |
-47.84% |
| 2010-12-31 | AU$13.46 Million ≈ $9.53 Million |
-27.10% |
| 2009-12-31 | AU$18.47 Million ≈ $13.07 Million |
+160.30% |
| 2008-12-31 | AU$7.09 Million ≈ $5.02 Million |
-69.01% |
| 2007-12-31 | AU$22.89 Million ≈ $16.20 Million |
+1.81% |
| 2006-12-31 | AU$22.49 Million ≈ $15.91 Million |
+18.79% |
| 2005-12-31 | AU$18.93 Million ≈ $13.39 Million |
-5.65% |
| 2004-12-31 | AU$20.06 Million ≈ $14.20 Million |
+31.77% |
| 2003-12-31 | AU$15.23 Million ≈ $10.77 Million |
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About 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