Skeena Historical Financial Ratios
SKE Stock | CAD 14.10 0.69 4.67% |
Skeena Resources is promptly reporting on over 92 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 1.61, Invested Capital of 22.2 M, Average Payables of 6.8 K or Stock Based Compensation To Revenue of 0.0 will help investors to properly organize and evaluate Skeena Resources financial condition quickly.
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About Skeena Financial Ratios Analysis
Skeena ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Skeena Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Skeena financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Skeena Resources history.
Skeena Resources Financial Ratios Chart
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Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Skeena Resources. There are two different methods for calculating Skeena Resources invested capital: operating approach and financing approach. Understanding Skeena Resources invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Most ratios from Skeena Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Skeena Resources current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skeena Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.At this time, Skeena Resources' Graham Net Net is very stable compared to the past year. As of the 24th of February 2025, Average Receivables is likely to grow to about 2.7 M, while Book Value Per Share is likely to drop 1.61.
2022 | 2023 | 2024 | 2025 (projected) | |
PB Ratio | 3.7 | 4.37 | 3.93 | 4.13 |
Capex To Depreciation | 9.85 | 0.009626 | 0.0111 | 0.0105 |
Skeena Resources fundamentals Correlations
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Skeena Resources Account Relationship Matchups
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Skeena Resources fundamentals Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Ptb Ratio | 5.34 | 6.38 | 3.7 | 4.37 | 3.93 | 4.13 | |
Book Value Per Share | 0.43 | 2.58 | 2.07 | 1.48 | 1.7 | 1.61 | |
Free Cash Flow Yield | (0.15) | (0.13) | (0.17) | (2.09E-4) | (2.4E-4) | (2.52E-4) | |
Operating Cash Flow Per Share | (0.39) | (1.57) | (2.08) | (0.001074) | (9.67E-4) | (0.001015) | |
Capex To Depreciation | 12.68 | 5.67 | 9.85 | 0.009626 | 0.0111 | 0.0105 | |
Pb Ratio | 5.34 | 6.38 | 3.7 | 4.37 | 3.93 | 4.13 | |
Free Cash Flow Per Share | (1.76) | (2.27) | (1.6) | (0.001348) | (0.001213) | (0.001274) | |
Roic | (0.7) | (1.0) | (0.51) | (0.67) | (0.77) | (0.81) | |
Net Income Per Share | (1.69) | (1.96) | (0.77) | (1.29) | (1.16) | (1.22) | |
Cash Per Share | 0.49 | 0.9 | 0.69 | 1.1 | 1.26 | 1.31 | |
Pocfratio | (8.76) | (6.33) | (5.43) | (6.0K) | (6.9K) | (6.6K) | |
Interest Coverage | (115.48) | (451.35) | (826.46) | (338.57) | (304.71) | (319.95) | |
Capex To Operating Cash Flow | (0.12) | (0.0919) | (0.2) | (0.26) | (0.23) | (0.24) | |
Pfcf Ratio | (7.84) | (5.8) | (4.52) | (4.8K) | (5.5K) | (5.2K) | |
Income Quality | 1.1 | 1.06 | 1.05 | 8.31E-4 | 7.48E-4 | 7.11E-4 | |
Roe | (0.66) | (0.95) | (0.4) | (0.88) | (1.01) | (0.96) | |
Ev To Operating Cash Flow | (8.23) | (6.02) | (5.03) | (5.4K) | (6.2K) | (5.9K) | |
Pe Ratio | (8.14) | (6.71) | (9.35) | (4.99) | (4.49) | (4.72) | |
Return On Tangible Assets | (0.52) | (0.76) | (0.32) | (0.56) | (0.5) | (0.53) | |
Ev To Free Cash Flow | (7.37) | (5.51) | (4.19) | (4.3K) | (4.9K) | (4.7K) | |
Earnings Yield | (0.12) | (0.15) | (0.11) | (0.2) | (0.18) | (0.19) | |
Current Ratio | 1.86 | 2.13 | 2.4 | 3.86 | 4.44 | 4.3 | |
Tangible Book Value Per Share | 0.43 | 2.58 | 2.07 | 1.48 | 1.7 | 1.61 | |
Graham Number | 9.9 | 9.55 | 5.82 | 6.55 | 7.53 | 7.16 | |
Shareholders Equity Per Share | 0.43 | 2.58 | 2.07 | 1.48 | 1.7 | 1.61 | |
Debt To Equity | 0.0242 | 0.0106 | 0.026 | 0.26 | 0.23 | 0.25 | |
Capex Per Share | 0.18 | 0.19 | 0.27 | 2.74E-4 | 3.15E-4 | 2.99E-4 | |
Interest Debt Per Share | 0.0659 | 0.0246 | 0.0506 | 0.39 | 0.45 | 0.47 | |
Enterprise Value Over E B I T D A | (6.87) | (5.83) | (4.23) | (4.26) | (3.84) | (4.03) | |
Price Earnings Ratio | (8.14) | (6.71) | (9.35) | (4.99) | (4.49) | (4.72) |
Pair Trading with Skeena Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skeena Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skeena Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Skeena Stock
Moving against Skeena Stock
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0.37 | AG | First Majestic Silver | PairCorr |
The ability to find closely correlated positions to Skeena Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skeena Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skeena Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skeena Resources to buy it.
The correlation of Skeena Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skeena Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skeena Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skeena Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skeena Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.