Skeena Depreciation And Amortization vs Non Current Liabilities Total Analysis
SKE Stock | USD 7.86 0.14 1.81% |
Skeena Resources financial indicator trend analysis is much more than just breaking down Skeena Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skeena Resources is a good investment. Please check the relationship between Skeena Resources Depreciation And Amortization and its Non Current Liabilities Total accounts. 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 industry. For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.
Depreciation And Amortization vs Non Current Liabilities Total
Depreciation And Amortization vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skeena Resources Depreciation And Amortization account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Skeena Resources' Depreciation And Amortization and Non Current Liabilities Total is 0.63. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Skeena Resources, assuming nothing else is changed. The correlation between historical values of Skeena Resources' Depreciation And Amortization and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Skeena Resources are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Depreciation And Amortization i.e., Skeena Resources' Depreciation And Amortization and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Non Current Liabilities Total
Most indicators from Skeena Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 industry. For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.The current year's Enterprise Value is expected to grow to about 510.5 M, whereas Selling General Administrative is forecasted to decline to about 5.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 130.6M | 113.0M | 114.8M | 120.5M | Depreciation And Amortization | 2.0M | 1.9M | 1.5M | 1.5M |
Skeena Resources fundamental ratios Correlations
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Skeena Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Skeena Resources fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.4M | 137.8M | 155.0M | 168.0M | 195.0M | 204.7M | |
Other Current Liab | 8.1M | 1.7M | 12.4M | 6.4M | 3.6M | 2.6M | |
Total Current Liabilities | 8.4M | 22.4M | 25.4M | 20.9M | 25.2M | 26.5M | |
Total Stockholder Equity | 11.6M | 109.0M | 123.5M | 137.2M | 124.5M | 130.8M | |
Property Plant And Equipment Net | 3.8M | 90.5M | 94.3M | 115.7M | 95.4M | 100.2M | |
Net Debt | (11.7M) | (35.2M) | (39.0M) | (37.0M) | (58.8M) | (55.8M) | |
Retained Earnings | (101.2M) | (161.5M) | (279.0M) | (367.9M) | (476.9M) | (453.1M) | |
Accounts Payable | 3.6M | 19.4M | 12.5M | 14.0M | 20.6M | 21.6M | |
Cash | 13.1M | 37.8M | 40.3M | 40.6M | 91.1M | 95.7M | |
Non Current Assets Total | 5.4M | 96.1M | 100.8M | 117.9M | 97.5M | 102.4M | |
Non Currrent Assets Other | 1.4M | 2.7M | 2.2M | 2.2M | 2.1M | 1.1M | |
Cash And Short Term Investments | 13.1M | 37.8M | 41.2M | 43.1M | 92.7M | 97.3M | |
Net Receivables | 2.2M | 2.8M | 7.3M | 5.7M | 3.2M | 3.4M | |
Common Stock Shares Outstanding | 27.0M | 42.3M | 59.8M | 70.3M | 84.4M | 88.6M | |
Liabilities And Stockholders Equity | 24.4M | 137.8M | 155.0M | 168.0M | 195.0M | 204.7M | |
Total Liab | 12.8M | 28.9M | 31.4M | 30.8M | 70.5M | 74.0M | |
Total Current Assets | 19.0M | 41.7M | 54.2M | 50.1M | 97.5M | 102.4M | |
Other Current Assets | 3.1M | 1.1M | 5.8M | 1.4M | 4.8M | 5.1M | |
Accumulated Other Comprehensive Income | 13.6M | 29.1M | 40.6M | 7.3M | 49.0M | 51.5M | |
Non Current Liabilities Total | 4.4M | 6.5M | 6.0M | 9.9M | 45.2M | 47.5M | |
Common Stock | 99.2M | 241.3M | 362.0M | 464.0M | 552.4M | 580.0M | |
Property Plant Equipment | 3.8M | 90.5M | 94.3M | 115.7M | 133.0M | 139.7M | |
Other Liab | 3.3M | 5.2M | 5.2M | 6.9M | 7.9M | 4.5M | |
Net Tangible Assets | 11.6M | 109.0M | 123.5M | 137.2M | 157.8M | 165.7M | |
Net Invested Capital | 11.6M | 109.0M | 123.5M | 137.2M | 157.8M | 165.7M | |
Net Working Capital | 10.6M | 19.3M | 28.8M | 29.2M | 33.6M | 35.3M | |
Capital Stock | 99.2M | 241.3M | 362.0M | 464.0M | 533.6M | 274.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 industry. For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.
Earnings Share (1.09) | Return On Assets (0.38) | Return On Equity (0.78) |
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.