Skeena Resources Limited (SKE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 24, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SKE SEC filings page.
This page shows Skeena Resources Limited (SKE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Skeena Resources Limited does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Skeena Resources Limited passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Skeena Resources Limited reported a net loss of $133.3M while operations used $41.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Skeena Resources Limited reported a net loss of $133.3M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Skeena Resources Limited earned -$1.16 per diluted share (EPS) in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Skeena Resources Limited recorded an outflow of $256.5M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Skeena Resources Limited held $88.9M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
Skeena Resources Limited's ROE was -114.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 52.8 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Skeena Resources Limited invested $214.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 13871.2% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
SKE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Interest Expense | $2.0M+83.1% | $1.1M | N/A | N/A | N/A | N/A |
| Income Tax | $2.5M | N/A | -$488K | N/A | N/A | N/A |
| Net Income | -$133.3Mn/m | -$105.5Mn/m | -$82.5Mn/m | -$65.7Mn/m | -$92.0Mn/m | -$47.3M |
| EPS (Basic) | -$1.16n/m | -$1.06n/m | -$0.98n/m | -$0.93n/m | -$1.54n/m | -$1.12 |
| EPS (Diluted) | -$1.16n/m | -$1.06n/m | -$0.98n/m | -$0.93n/m | -$1.54n/m | -$1.12 |
| Diluted Shares (Avg) | 115M+16.2% | 99M+17.5% | 84M+19.9% | 70M+17.6% | 60M+41.6% | 42M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
SKE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Total Assets | $561.7M+194.8% | $190.5M+29.0% | $147.7M+19.0% | $124.1M+2.4% | $121.3M+12.2% | $108.1M |
| Current Assets | $116.0M+65.4% | $70.1M-5.1% | $73.9M+99.2% | $37.1M-12.6% | $42.4M+29.7% | $32.7M |
| Cash & Equivalents | $88.9M+32.0% | $67.3M-2.5% | $69.0M+130.1% | $30.0M-4.9% | $31.6M+6.4% | $29.7M |
| Accounts Receivable | $4.0M+145.9% | $1.6M-33.2% | $2.4M-41.8% | $4.2M-26.0% | $5.7M+158.3% | $2.2M |
| Total Liabilities | $445.6M+249.2% | $127.6M+139.2% | $53.4M+134.8% | $22.7M-7.6% | $24.6M+8.5% | $22.6M |
| Current Liabilities | $63.8M+31.2% | $48.6M+154.4% | $19.1M+23.8% | $15.4M-22.5% | $19.9M+13.3% | $17.6M |
| Non-Current Liabilities | $381.9M+383.4% | $79.0M+130.7% | $34.3M+369.7% | $7.3M+56.1% | $4.7M-7.9% | $5.1M |
| Total Equity | $116.0M+84.4% | $62.9M-33.3% | $94.3M-7.0% | $101.4M+4.9% | $96.7M+13.2% | $85.4M |
| Retained Earnings | -$590.7Mn/m | -$435.5Mn/m | -$361.2Mn/m | -$271.9Mn/m | -$218.4Mn/m | -$126.6M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Long-Term Investments, Goodwill, Long-Term Debt.
SKE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -$41.8Mn/m | -$88.8Mn/m | -$68.6Mn/m | -$69.0Mn/m | -$97.4Mn/m | -$52.1M |
| Capital Expenditures | $214.7M+13871.2% | $1.5M-76.8% | $6.6M+568.2% | $992K-88.9% | $8.9M+122.8% | $4.0M |
| Free Cash Flow | -$256.5Mn/m | -$90.4Mn/m | -$75.3Mn/m | -$70.0Mn/m | -$106.3Mn/m | -$56.1M |
| Investing Cash Flow | -$243.1Mn/m | -$16.5M-169.9% | $23.7M+181.1% | $8.4Mn/m | -$10.6M-737.2% | $1.7M |
| Financing Cash Flow | $303.1M+178.4% | $108.9M+30.8% | $83.2M+36.9% | $60.8M-44.7% | $109.9M+57.6% | $69.8M |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
SKE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F |
|---|---|---|---|---|---|---|
| Return on Equity | -114.9%+52.8pp | -167.7%-80.2pp | -87.5%-22.7pp | -64.8%+30.4pp | -95.2%-39.8pp | -55.4% |
| Return on Assets | -23.7%+31.6pp | -55.4%+0.5pp | -55.9%-3.0pp | -52.9%+23.0pp | -75.9%-32.1pp | -43.8% |
| Current Ratio | 1.82+0.4x | 1.44-2.4x | 3.86+1.5x | 2.40+0.3x | 2.13+0.3x | 1.86 |
| Liabilities-to-Equity | 3.84+1.8x | 2.03+1.5x | 0.57+0.3x | 0.220.0x | 0.250.0x | 0.27 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Debt-to-Equity, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Skeena Resources Limited SKE | FY2025 | N/A | -$133.3M | N/A | $3.6B | — |
| Materion Corporation MTRN | FY2025 | $1.8B | $74.8M | 4.2% | $4.6B | 49/100 |
| TMC the metals company Inc. TMC | FY2025 | N/A | -$319.8M | N/A | $1.1B | — |
| Vizsla Silver Corp. VZLA | FY2025 | N/A | -$5.7M | N/A | $1.1B | — |
| IperionX Limited IPX | FY2026 | N/A | -$66.8M | N/A | $464.4M | — |
| Perpetua Resources Corp. PPTA | FY2025 | N/A | -$100.4M | N/A | $2.2B | — |
Where Skeena Resources Limited Ranks
Frequently Asked Questions
Is Skeena Resources Limited profitable?
No, Skeena Resources Limited (SKE) reported a net loss of $133.3M in fiscal year 2025.
What is Skeena Resources Limited's return on equity (ROE)?
Skeena Resources Limited (SKE) has a return on equity of -114.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Skeena Resources Limited's free cash flow?
Skeena Resources Limited (SKE) recorded an outflow of $256.5M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Skeena Resources Limited's operating cash flow?
Skeena Resources Limited (SKE) recorded an outflow of $41.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Skeena Resources Limited's total assets?
Skeena Resources Limited (SKE) had $561.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Skeena Resources Limited's capital expenditures?
Skeena Resources Limited (SKE) invested $214.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Skeena Resources Limited's current ratio?
Skeena Resources Limited (SKE) had a current ratio of 1.82 as of fiscal year 2025, which is generally considered healthy.
What is Skeena Resources Limited's liabilities-to-equity ratio?
Skeena Resources Limited (SKE) had a liabilities-to-equity ratio of 3.84 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
What is Skeena Resources Limited's return on assets (ROA)?
Skeena Resources Limited (SKE) had a return on assets of -23.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Skeena Resources Limited's P/E ratio?
Skeena Resources Limited (SKE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $3.6B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Skeena Resources Limited's price-to-sales ratio?
Skeena Resources Limited (SKE) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $3.6B as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Skeena Resources Limited's Piotroski F-Score?
Skeena Resources Limited (SKE) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Skeena Resources Limited's earnings high quality?
Skeena Resources Limited (SKE) reported a net loss of $133.3M while operations used $41.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.