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Financial statements

Skeena Resources Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Skeena Resources Ltd files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2021FY2022FY2023FY2024FY2025
General and administrative1.983.344.816.385.898.68
Interest expense1.572.74
Pre-tax income-88.9-110-152-179
Income tax-0.643.46
Net income-60.3-118-88.9-109-152-183
EPS, basic-1.43-1.97-1.26-1.29-1.53-1.59
EPS, diluted-1.43-1.97-1.26-1.29-1.53-1.59

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents37.840.340.691.196.9122
Receivables2.87.255.683.232.355.51
Total current assets41.754.250.297.5101159
Property, plant and equipment15.418.820.233
Total assets138155168195274770
Total current liabilities22.425.420.925.27087.5
Lease liabilities1.310.823.028.557.2347.3
Total liabilities28.931.430.870.5184611
Retained earnings-161-279-368-477-627-810
Total equity10912413712590.6159
Total liabilities and equity138155168195274770

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-60.3-118-88.9-109-152-183
Cash from operations-66.4-124-93.4-90.6-128-57.3
Capital expenditures-5.12-11.4-1.34-8.75-2.21-294
Cash from investing2.12-13.511.431.3-23.8-333
Cash from financing8914082.3110157416
Exchange rate effect0.770.02
Net change in cash24.72.490.2950.55.8124.9
Free cash flow-71.5-136-94.7-99.3-130-352

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-35.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y180.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y66.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y41.1%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.82xCurrent assets / current liabilities.
Quick ratio1.46x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.39x(Cash + short-term investments) / current liabilities.
Liabilities / assets79.3%Total liabilities / total assets.
Working capitalCA$71.5MCurrent assets - current liabilities.

Per share

MetricValueHow it is calculated
EPS, diluted-CA$1.59Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic-CA$1.59Net income per basic share, as reported (split-adjusted).
Was Skeena Resources Ltd profitable in fiscal 2025?

No. It reported a net loss of CA$182.8M.

How much free cash flow did Skeena Resources Ltd generate in fiscal 2025?

Cash from operations of CA$57.3M minus capital expenditures of CA$294.4M left free cash flow of -CA$351.7M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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