Skeena Resources Stock Working Capital
SKE Stock | USD 9.43 0.20 2.17% |
Skeena Resources fundamentals help investors to digest information that contributes to Skeena Resources' financial success or failures. It also enables traders to predict the movement of Skeena Stock. The fundamental analysis module provides a way to measure Skeena Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Skeena Resources stock.
Last Reported | Projected for Next Year | ||
Net Working Capital | 33.6 M | 35.3 M | |
Change In Working Capital | 9.6 M | 10.1 M |
Skeena | Working Capital |
Skeena Resources Company Working Capital Analysis
Skeena Resources' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Skeena Resources Working Capital | 29.24 M |
Most of Skeena Resources' fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Skeena Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Skeena Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Skeena Resources is extremely important. It helps to project a fair market value of Skeena Stock properly, considering its historical fundamentals such as Working Capital. Since Skeena Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Skeena Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Skeena Resources' interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition |
Skeena Net Invested Capital
Net Invested Capital |
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Based on the company's disclosures, Skeena Resources has a Working Capital of 29.24 M. This is 95.92% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all United States stocks is 98.02% higher than that of the company.
Skeena Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Skeena Resources' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Skeena Resources could also be used in its relative valuation, which is a method of valuing Skeena Resources by comparing valuation metrics of similar companies.Skeena Resources is currently under evaluation in working capital category among its peers.
Skeena Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Skeena Resources from analyzing Skeena Resources' financial statements. These drivers represent accounts that assess Skeena Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Skeena Resources' important valuation drivers and their relationship over time.
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Market Cap | 581.4M | 787.8M | 507.2M | 544.1M | 489.7M | 514.2M | |
Enterprise Value | 546.2M | 748.8M | 470.2M | 485.3M | 436.8M | 458.6M |
Skeena Resources ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Skeena Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Skeena Resources' managers, analysts, and investors.Environmental | Governance | Social |
Skeena Fundamentals
Return On Equity | -0.78 | ||||
Return On Asset | -0.38 | ||||
Current Valuation | 942.72 M | ||||
Shares Outstanding | 107.36 M | ||||
Shares Owned By Insiders | 1.50 % | ||||
Shares Owned By Institutions | 74.83 % | ||||
Number Of Shares Shorted | 3.82 M | ||||
Price To Book | 15.71 X | ||||
EBITDA | (113.88 M) | ||||
Net Income | (108.98 M) | ||||
Cash And Equivalents | 37.1 M | ||||
Cash Per Share | 0.53 X | ||||
Total Debt | 32.38 M | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 2.23 X | ||||
Book Value Per Share | 1.38 X | ||||
Cash Flow From Operations | (90.6 M) | ||||
Short Ratio | 14.09 X | ||||
Earnings Per Share | (1.33) X | ||||
Number Of Employees | 83 | ||||
Beta | 1.68 | ||||
Market Capitalization | 990.97 M | ||||
Total Asset | 194.99 M | ||||
Retained Earnings | (476.91 M) | ||||
Working Capital | 29.24 M | ||||
Net Asset | 194.99 M |
About Skeena Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Skeena Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skeena Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skeena Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Skeena Resources Piotroski F Score and Skeena Resources Altman Z Score analysis. For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skeena Resources. If investors know Skeena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skeena Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Skeena Resources is measured differently than its book value, which is the value of Skeena that is recorded on the company's balance sheet. Investors also form their own opinion of Skeena Resources' value that differs from its market value or its book value, called intrinsic value, which is Skeena Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skeena Resources' market value can be influenced by many factors that don't directly affect Skeena Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.