Skeena Historical Income Statement

SKE Stock  CAD 14.10  0.69  4.67%   
Historical analysis of Skeena Resources income statement accounts such as Total Operating Expenses of 136.8 M, Total Other Income Expense Net of 7.3 M, Research Development of 0.0 or Cost Of Revenue of 2.9 M can show how well Skeena Resources performed in making a profits. Evaluating Skeena Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Skeena Resources's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Skeena Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Skeena Resources is a good buy for the upcoming year.
Net IncomeGross Profit
  
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.

About Skeena Income Statement Analysis

Skeena Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Skeena Resources shareholders. The income statement also shows Skeena investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Skeena Resources Income Statement Chart

At this time, Skeena Resources' Net Interest Income is very stable compared to the past year. As of the 24th of February 2025, Reconciled Depreciation is likely to grow to about 2.6 M, while Interest Expense is likely to drop about 370.4 K.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Skeena Resources. It is also known as Skeena Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on Skeena Resources income statement and represents the costs associated with goods and services Skeena Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Skeena Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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' Net Interest Income is very stable compared to the past year. As of the 24th of February 2025, Reconciled Depreciation is likely to grow to about 2.6 M, while Interest Expense is likely to drop about 370.4 K.
 2022 2023 2024 2025 (projected)
Interest Income1.4M1.6M1.8M1.9M
Cost Of Revenue289K2.4M2.8M2.9M

Skeena Resources income statement Correlations

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0.270.590.31-0.42-0.42-0.420.32-0.30.84-0.11-0.950.06-0.070.280.0-0.340.310.08
0.560.590.69-0.8-0.8-0.80.7-0.740.78-0.65-0.51-0.120.090.270.14-0.780.60.04
0.970.310.69-0.98-0.98-0.981.0-0.980.65-0.96-0.27-0.770.760.730.8-0.970.97-0.57
-0.93-0.42-0.8-0.981.01.0-0.980.99-0.730.940.370.68-0.66-0.67-0.70.99-0.940.4
-0.93-0.42-0.8-0.981.01.0-0.980.99-0.730.940.370.68-0.66-0.67-0.70.99-0.940.4
-0.93-0.42-0.8-0.981.01.0-0.980.99-0.730.940.370.68-0.65-0.66-0.690.99-0.940.4
0.970.320.71.0-0.98-0.98-0.98-0.980.65-0.96-0.27-0.760.760.720.79-0.980.97-0.56
-0.95-0.3-0.74-0.980.990.990.99-0.98-0.620.980.260.75-0.72-0.71-0.750.99-0.950.44
0.560.840.780.65-0.73-0.73-0.730.65-0.62-0.48-0.77-0.180.170.270.28-0.660.59-0.11
-0.92-0.11-0.65-0.960.940.940.94-0.960.98-0.480.060.78-0.75-0.68-0.770.96-0.920.47
-0.28-0.95-0.51-0.270.370.370.37-0.270.26-0.770.06-0.020.03-0.27-0.020.29-0.32-0.03
-0.860.06-0.12-0.770.680.680.68-0.760.75-0.180.78-0.02-0.99-0.82-0.970.67-0.830.68
0.87-0.070.090.76-0.66-0.66-0.650.76-0.720.17-0.750.03-0.990.830.99-0.650.84-0.79
0.810.280.270.73-0.67-0.67-0.660.72-0.710.27-0.68-0.27-0.820.830.79-0.650.79-0.62
0.880.00.140.8-0.7-0.7-0.690.79-0.750.28-0.77-0.02-0.970.990.79-0.690.86-0.78
-0.93-0.34-0.78-0.970.990.990.99-0.980.99-0.660.960.290.67-0.65-0.65-0.69-0.940.42
1.00.310.60.97-0.94-0.94-0.940.97-0.950.59-0.92-0.32-0.830.840.790.86-0.94-0.64
-0.660.080.04-0.570.40.40.4-0.560.44-0.110.47-0.030.68-0.79-0.62-0.780.42-0.64
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Skeena Resources Account Relationship Matchups

Skeena Resources income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization623.5K2.0M1.9M2.4M2.8M2.9M
Interest Expense151.8K158K34.6M339K389.9K370.4K
Selling General Administrative9.1M22.8M20.6M6.0M6.9M4.0M
Other Operating Expenses80.0M130.6M113.0M115.7M133.0M139.7M
Operating Income(68.5M)(130.6M)(123.5M)(115.7M)(104.1M)(98.9M)
Ebit(68.5M)(130.6M)(123.5M)(115.7M)(104.1M)(98.9M)
Ebitda(67.9M)(128.6M)(121.6M)(113.3M)(102.0M)(96.9M)
Total Operating Expenses79.7M130.3M112.8M113.3M130.3M136.8M
Income Before Tax(60.3M)(117.6M)(88.9M)(109.6M)(98.7M)(93.7M)
Total Other Income Expense Net8.2M13.0M34.6M6.1M7.0M7.3M
Net Income(71.4M)(117.4M)(54.3M)(109.0M)(98.1M)(93.2M)
Income Tax Expense11.1M(176K)(34.6M)(644K)(579.6K)(608.6K)
Gross Profit(377.2K)(320K)(289K)(2.4M)(2.2M)(2.1M)
Cost Of Revenue377.2K320K289K2.4M2.8M2.9M
Interest Income394.7K176K1.4M1.6M1.8M1.9M
Net Income Applicable To Common Shares(27.1M)(60.3M)(117.6M)(88.9M)(80.0M)(76.0M)
Net Interest Income394.7K228K361K1.6M1.8M1.9M
Net Income From Continuing Ops(60.3M)(117.6M)(88.9M)(92.4M)(83.2M)(87.3M)
Reconciled Depreciation613.1K2.0M1.9M2.1M2.5M2.6M

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

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Moving against Skeena Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Skeena Resources is a strong investment it is important to analyze Skeena Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skeena Resources' future performance. For an informed investment choice regarding Skeena Stock, refer to the following important reports:
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Please note, there is a significant difference between Skeena Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Skeena Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skeena Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.