Skeena Resources Limited (SKE) Key Metrics
SKE key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Canadian dollarsSKE returns How much profit the business earns on the capital it uses.
SKE financial health Debt, liquidity and how easily interest is covered.
SKE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SKE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SKE key metrics in Canadian dollars
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −146.4% | −141.2% | −62.8% | −50.3% | −80.0% | −78.5% | −138.4% | −76.3% | −47.2% | −88.4% |
| Return on invested capital (ROIC) | −117.6% | −390.3% | −85.2% | −72.6% | −103.5% | −134.4% | — | −64.0% | −47.0% | −89.2% |
| Return on assets (ROA) | −35.0% | −64.7% | −45.3% | −40.6% | −63.5% | −58.3% | −85.3% | −61.7% | −41.6% | −77.3% |
| Return on tangible assets | −23.7% | −55.4% | −42.2% | −39.0% | −60.0% | −34.3% | −85.5% | −63.2% | −38.8% | −60.8% |
| Financial health | ||||||||||
| Total debt | C$63.0M | C$13.5M | C$32.4M | C$3.6M | C$1.3M | C$2.6M | C$1.5M | — | — | — |
| Cash & short-term investments | C$151.4M | C$97.9M | C$92.7M | C$43.1M | C$41.2M | C$37.8M | C$13.1M | C$1.1M | C$1.0M | C$2.6M |
| Net debt | −C$88.4M | −C$84.4M | −C$60.3M | −C$39.5M | −C$39.8M | −C$35.2M | −C$11.7M | −C$1.1M | −C$1.0M | −C$2.6M |
| Debt / equity | 0.40 | 0.15 | 0.26 | 0.03 | 0.01 | 0.02 | 0.13 | — | — | — |
| Debt / assets | 0.08 | 0.05 | 0.17 | 0.02 | 0.01 | 0.02 | 0.06 | — | — | — |
| Current ratio | 1.82 | 1.44 | 3.86 | 2.40 | 2.13 | 1.86 | 2.27 | 1.76 | 0.98 | 2.27 |
| Quick ratio | 1.82 | 1.44 | 3.99 | 2.40 | 2.13 | 1.86 | 2.20 | 1.76 | 0.90 | 2.27 |
| Interest coverage | -20.9 | -111.0 | -257.5 | -2.4 | -652.9 | -526.3 | -99.5 | — | -460.8 | -569.6 |
| Working capital | C$71.5M | C$30.9M | C$72.3M | C$29.3M | C$28.8M | C$19.3M | C$10.6M | C$2.1M | −C$50,768 | C$2.0M |
| Invested capital | C$70.6M | C$6.3M | C$64.2M | C$97.7M | C$83.7M | C$73.8M | −C$46,461 | C$17.5M | C$21.1M | C$17.7M |
| Tangible asset value | C$159.0M | C$90.6M | C$124.5M | C$137.2M | C$123.5M | C$109.0M | C$11.6M | C$18.6M | C$22.1M | C$20.3M |
| Net current asset value | −C$451.7M | −C$82.8M | C$27.1M | C$19.4M | C$22.8M | C$12.8M | C$6.2M | −C$1.2M | −C$1.1M | C$1.6M |
| Capital allocation | ||||||||||
| Dividends paid | C$0 | C$0 | C$0 | — | — | — | — | — | — | — |
| Share buybacks (net) | — | — | — | — | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Capex / depreciation | 161.32 | 0.33 | 4.44 | 9.85 | 5.67 | 8.93 | 0.86 | 0.78 | 8.77 | 4.42 |
| Efficiency | ||||||||||
| Days of inventory on hand | — | — | -650.1 | — | — | — | 669.1 | — | 793.6 | — |
| Days payables outstanding | — | 16,097.2 | 3,483.6 | 3,430.6 | 3,644.7 | 8,579.7 | 4,188.1 | 4,995.6 | 3,789.6 | 6,761.3 |
| Receivables turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payables turnover | — | 0.02 | 0.10 | 0.11 | 0.10 | 0.04 | 0.09 | 0.07 | 0.10 | 0.05 |
| Inventory turnover | — | — | — | — | — | — | 0.55 | — | 0.46 | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average receivables | C$3.9M | C$2.8M | C$4.5M | C$6.5M | C$5.0M | C$2.5M | C$2.9M | C$2.4M | C$1.0M | C$557,322 |
| Average payables | — | C$37.9M | C$17.3M | C$13.3M | C$16.0M | C$11.5M | C$3.6M | C$2.4M | C$1.0M | C$641,022 |
| Average inventory | — | — | −C$3.2M | — | — | — | C$567,755 | — | C$215,247 | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from SKE's annual financial statements (latest annual report filed March 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Canadian dollars; data from EODHD. Averages use the opening and closing balance of each year.
SKE valuation and financial ratios
Skeena Resources earned a return on equity of −146.4% and a return on invested capital of −117.6% in fiscal 2025. It ended the year with C$63.0 million of debt and C$151.4 million in cash and short-term investments, a net cash position of C$88.4 million.
See the SKE income statement, the SKE chart for price history, or the SKE stock overview for the latest quote and news.
SKE key metrics FAQ
What is Skeena Resources's return on equity?
Skeena Resources's return on equity (ROE) was −146.4% in fiscal 2025: net income of -C$182.7 million on average shareholders' equity of C$124.8 million.
What is Skeena Resources's ROIC?
Skeena Resources's return on invested capital was −117.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Skeena Resources have?
Skeena Resources had total debt of C$63.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.40 and more cash than debt.
Does Skeena Resources pay a dividend?
Skeena Resources did not pay a dividend in fiscal 2025.
What is Skeena Resources's current ratio?
Skeena Resources's current ratio was 1.82 at the end of fiscal 2025: current assets were 1.82 times current liabilities.