Skeena Total Liab vs Property Plant Equipment Analysis

SKE Stock  USD 14.41  0.08  0.56%   
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 Total Liab and its Property Plant Equipment 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.

Total Liab vs Property Plant Equipment

Total Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skeena Resources Total Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Skeena Resources' Total Liab and Property Plant Equipment is 0.82. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant Equipment 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' Total Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Skeena Resources are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Liab i.e., Skeena Resources' Total Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Property Plant Equipment

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.At present, Skeena Resources' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 458.6 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (8.55).
 2022 2023 2024 2025 (projected)
Other Operating Expenses113.0M114.8M132.0M138.6M
Depreciation And Amortization1.9M1.5M1.7M1.8M

Skeena Resources fundamental ratios Correlations

0.890.950.860.99-0.99-0.980.910.970.990.920.970.520.990.720.420.120.90.980.860.680.780.50.990.76-0.74
0.890.970.60.91-0.89-0.860.780.830.910.940.820.310.860.460.150.030.940.820.90.380.910.40.850.56-0.61
0.950.970.670.95-0.96-0.940.860.930.950.960.930.320.930.540.25-0.030.980.920.950.580.920.430.930.61-0.65
0.860.60.670.86-0.81-0.80.750.790.860.690.80.790.840.820.630.420.560.830.480.580.380.50.850.86-0.77
0.990.910.950.86-0.97-0.960.890.941.00.930.940.530.970.720.350.150.890.940.840.60.780.490.970.78-0.73
-0.99-0.89-0.96-0.81-0.970.98-0.92-0.99-0.97-0.92-0.99-0.46-0.98-0.68-0.43-0.04-0.93-0.99-0.89-0.73-0.81-0.5-0.98-0.720.72
-0.98-0.86-0.94-0.8-0.960.98-0.89-0.98-0.95-0.9-0.98-0.47-0.99-0.76-0.42-0.08-0.92-0.98-0.89-0.75-0.78-0.46-0.99-0.680.72
0.910.780.860.750.89-0.92-0.890.920.890.840.920.280.890.620.24-0.190.840.910.820.730.750.480.890.69-0.67
0.970.830.930.790.94-0.99-0.980.920.930.881.00.40.970.680.45-0.030.911.00.890.820.780.490.980.69-0.69
0.990.910.950.861.0-0.97-0.950.890.930.930.930.540.970.710.360.160.890.940.830.590.780.490.970.78-0.74
0.920.940.960.690.93-0.92-0.90.840.880.930.880.410.920.510.250.030.930.880.890.530.850.30.90.67-0.77
0.970.820.930.80.94-0.99-0.980.921.00.930.880.410.970.690.45-0.030.911.00.890.820.780.490.980.69-0.69
0.520.310.320.790.53-0.46-0.470.280.40.540.410.410.550.650.740.80.180.480.090.2-0.010.210.520.57-0.77
0.990.860.930.840.97-0.98-0.990.890.970.970.920.970.550.750.470.150.90.980.860.720.750.430.990.71-0.8
0.720.460.540.820.72-0.68-0.760.620.680.710.510.690.650.750.460.450.480.710.440.570.30.460.780.61-0.57
0.420.150.250.630.35-0.43-0.420.240.450.360.250.450.740.470.460.530.160.510.10.47-0.060.220.450.42-0.59
0.120.03-0.030.420.15-0.04-0.08-0.19-0.030.160.03-0.030.80.150.450.53-0.170.05-0.25-0.24-0.28-0.030.130.22-0.36
0.90.940.980.560.89-0.93-0.920.840.910.890.930.910.180.90.480.16-0.170.890.990.630.950.390.90.51-0.56
0.980.820.920.830.94-0.99-0.980.911.00.940.881.00.480.980.710.510.050.890.860.80.750.490.980.7-0.73
0.860.90.950.480.84-0.89-0.890.820.890.830.890.890.090.860.440.1-0.250.990.860.650.950.360.860.44-0.5
0.680.380.580.580.6-0.73-0.750.730.820.590.530.820.20.720.570.47-0.240.630.80.650.470.310.740.47-0.47
0.780.910.920.380.78-0.81-0.780.750.780.780.850.78-0.010.750.3-0.06-0.280.950.750.950.470.240.750.39-0.38
0.50.40.430.50.49-0.5-0.460.480.490.490.30.490.210.430.460.22-0.030.390.490.360.310.240.490.48-0.18
0.990.850.930.850.97-0.98-0.990.890.980.970.90.980.520.990.780.450.130.90.980.860.740.750.490.72-0.74
0.760.560.610.860.78-0.72-0.680.690.690.780.670.690.570.710.610.420.220.510.70.440.470.390.480.72-0.61
-0.74-0.61-0.65-0.77-0.730.720.72-0.67-0.69-0.74-0.77-0.69-0.77-0.8-0.57-0.59-0.36-0.56-0.73-0.5-0.47-0.38-0.18-0.74-0.61
Click cells to compare fundamentals

Skeena Resources Account Relationship Matchups

Skeena Resources fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets137.8M155.0M168.0M195.0M274.4M288.1M
Other Current Liab21.1M24.9M20.3M3.6M63.7M66.9M
Total Current Liabilities22.4M25.4M20.9M25.2M70.0M73.5M
Total Stockholder Equity109.0M123.5M137.2M124.5M90.6M95.1M
Property Plant And Equipment Net90.5M94.3M115.7M95.4M168.0M176.4M
Net Debt(35.2M)(39.0M)(37.0M)(58.8M)(83.4M)(79.2M)
Retained Earnings(161.5M)(279.0M)(367.9M)(476.9M)(627.1M)(595.8M)
Accounts Payable19.4M12.5K14.0M20.6M23.7M24.9M
Cash37.8M40.3M40.6M91.1M96.9M101.8M
Non Current Assets Total96.1M100.8M117.9M97.5M173.5M182.1M
Non Currrent Assets Other2.7M2.2M2.2M2.1M5.5M5.8M
Cash And Short Term Investments37.8M41.2M43.1M92.7M97.9M102.8M
Net Receivables2.8M7.3M5.7M3.2M2.4M1.4M
Common Stock Shares Outstanding42.3M59.8M70.3M84.4M107.6M113.0M
Liabilities And Stockholders Equity137.8M155.0M168.0M195.0M274.4M288.1M
Other Current Assets1.1M5.8M1.3M4.8M698K812.1K
Other Stockholder Equity(848.0)40.6M33.8M(1.0)250K237.5K
Total Liab28.9M31.4M30.8M70.5M183.8M193.0M
Total Current Assets41.7M54.2M50.1M97.5M100.9M106.0M
Accumulated Other Comprehensive Income29.1M40.6M7.3M49.0M47.3M49.7M
Non Current Liabilities Total6.5M6.0M9.9M45.2M113.8M119.4M
Short Long Term Debt Total2.6M1.3M3.6M32.4M13.5M14.2M
Short Term Debt1.3M494K545K1.1M6.3M6.6M
Current Deferred Revenue(19.4K)(12.5K)(14.0K)(20.6K)(23.7K)(24.9K)
Common Stock241.3M362.0M464.0M552.4M670.1M703.6M
Property Plant Equipment3.8M90.5M94.3M115.7M133.0M139.7M
Other Liab3.3M5.2M5.2M6.9M7.9M4.5M
Net Tangible Assets11.6M109.0M123.5M137.2M157.8M165.7M
Net Invested Capital109.0M123.5M137.2M147.3M90.6M90.7M
Net Working Capital19.3M28.8M29.2M72.3M30.9M26.6M
Capital Stock241.3M362.0M464.0M552.4M670.1M388.2M
Capital Lease Obligations2.6M1.3M3.6M9.6M13.5M14.2M
Property Plant And Equipment Gross91.8M97.6M120.6M102.4M182.3M109.8M

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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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
(1.16)
Return On Assets
(0.40)
Return On Equity
(1.37)
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.