Skeena Free Cash Flow Per Share vs Capex To Depreciation Analysis

SKE Stock

CAD 13.25 0.01 0.08%

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 Free Cash Flow Per Share and its Capex To Depreciation 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 board of governors.

To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.

Free Cash Flow Per Share vs Capex To Depreciation

Free Cash Flow Per Share vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skeena Resources Free Cash Flow Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Skeena Resources' Free Cash Flow Per Share and Capex To Depreciation is -0.79. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Capex To Depreciation 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' Free Cash Flow Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Skeena Resources are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Per Share i.e., Skeena Resources' Free Cash Flow Per Share and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.79

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

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 board of governors.

To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.As of the 11th of December 2024, Enterprise Value is likely to grow to about 509.6 M, while Selling General Administrative is likely to drop about 4 M.

	2021	2022	2023	2024 (projected)
Interest Income	176K	1.4M	1.6M	1.7M
Cost Of Revenue	320K	289K	2.4M	2.5M

Interest Income Cost Of Revenue

Skeena Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Non Current Liabilities Total	Short Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Common Stock	Other Assets	Property Plant Equipment
Total Assets		0.66	0.98	0.99	0.71	-0.99	-0.96	0.67	0.94	0.98	0.71	0.94	0.78	0.98	0.84	0.57	0.91	0.94	0.96	0.8	0.73	0.41	-0.96	0.98	0.81	0.99
Other Current Liab	0.66		0.75	0.75	0.94	-0.59	-0.5	-0.07	0.4	0.77	-0.04	0.4	0.84	0.59	0.47	0.73	0.66	0.39	0.46	0.1	-0.02	0.17	-0.62	0.55	0.74	0.61
Total Current Liabilities	0.98	0.75		0.97	0.74	-0.98	-0.92	0.6	0.91	0.96	0.63	0.91	0.81	0.95	0.76	0.68	0.91	0.9	0.93	0.73	0.65	0.41	-0.95	0.94	0.84	0.96
Total Stockholder Equity	0.99	0.75	0.97		0.81	-0.95	-0.93	0.54	0.88	1.0	0.59	0.88	0.83	0.95	0.84	0.59	0.91	0.87	0.9	0.7	0.62	0.38	-0.95	0.95	0.83	0.98
Property Plant And Equipment Net	0.71	0.94	0.74	0.81		-0.62	-0.57	-0.05	0.43	0.84	0.01	0.44	0.82	0.63	0.61	0.54	0.67	0.42	0.49	0.15	0.04	0.2	-0.67	0.61	0.75	0.69
Net Debt	-0.99	-0.59	-0.98	-0.95	-0.62		0.97	-0.74	-0.97	-0.93	-0.77	-0.97	-0.72	-0.97	-0.8	-0.58	-0.9	-0.97	-0.98	-0.85	-0.79	-0.44	0.96	-0.98	-0.79	-0.98
Retained Earnings	-0.96	-0.5	-0.92	-0.93	-0.57	0.97		-0.78	-0.96	-0.9	-0.8	-0.96	-0.73	-0.99	-0.9	-0.52	-0.87	-0.96	-0.97	-0.88	-0.82	-0.35	0.9	-1.0	-0.72	-0.96
Accounts Payable	0.67	-0.07	0.6	0.54	-0.05	-0.74	-0.78		0.88	0.49	0.99	0.87	0.23	0.73	0.56	0.2	0.57	0.88	0.84	0.98	0.99	0.36	-0.66	0.75	0.38	0.68
Cash	0.94	0.4	0.91	0.88	0.43	-0.97	-0.96	0.88		0.84	0.9	1.0	0.59	0.95	0.78	0.46	0.84	1.0	1.0	0.95	0.91	0.45	-0.92	0.96	0.69	0.94
Non Current Assets Total	0.98	0.77	0.96	1.0	0.84	-0.93	-0.9	0.49	0.84		0.55	0.85	0.83	0.93	0.82	0.56	0.89	0.84	0.87	0.65	0.57	0.37	-0.94	0.93	0.83	0.97
Non Currrent Assets Other	0.71	-0.04	0.63	0.59	0.01	-0.77	-0.8	0.99	0.9	0.55		0.89	0.26	0.75	0.6	0.18	0.61	0.9	0.86	0.99	1.0	0.37	-0.7	0.78	0.4	0.73
Cash And Short Term Investments	0.94	0.4	0.91	0.88	0.44	-0.97	-0.96	0.87	1.0	0.85	0.89		0.59	0.95	0.79	0.46	0.85	1.0	1.0	0.95	0.9	0.44	-0.92	0.96	0.69	0.94
Net Receivables	0.78	0.84	0.81	0.83	0.82	-0.72	-0.73	0.23	0.59	0.83	0.26	0.59		0.8	0.68	0.79	0.78	0.6	0.66	0.38	0.27	0.07	-0.68	0.75	0.68	0.74
Common Stock Shares Outstanding	0.98	0.59	0.95	0.95	0.63	-0.97	-0.99	0.73	0.95	0.93	0.75	0.95	0.8		0.86	0.59	0.9	0.95	0.97	0.84	0.77	0.32	-0.92	0.99	0.77	0.96
Short Term Investments	0.84	0.47	0.76	0.84	0.61	-0.8	-0.9	0.56	0.78	0.82	0.6	0.79	0.68	0.86		0.38	0.74	0.77	0.8	0.69	0.62	0.23	-0.71	0.9	0.57	0.86
Other Current Assets	0.57	0.73	0.68	0.59	0.54	-0.58	-0.52	0.2	0.46	0.56	0.18	0.46	0.79	0.59	0.38		0.64	0.47	0.53	0.26	0.18	0.07	-0.47	0.53	0.57	0.49
Other Stockholder Equity	0.91	0.66	0.91	0.91	0.67	-0.9	-0.87	0.57	0.84	0.89	0.61	0.85	0.78	0.9	0.74	0.64		0.84	0.87	0.69	0.62	0.27	-0.85	0.89	0.75	0.9
Total Liab	0.94	0.39	0.9	0.87	0.42	-0.97	-0.96	0.88	1.0	0.84	0.9	1.0	0.6	0.95	0.77	0.47	0.84		1.0	0.95	0.91	0.42	-0.92	0.96	0.69	0.94
Total Current Assets	0.96	0.46	0.93	0.9	0.49	-0.98	-0.97	0.84	1.0	0.87	0.86	1.0	0.66	0.97	0.8	0.53	0.87	1.0		0.92	0.87	0.42	-0.93	0.98	0.71	0.95
Non Current Liabilities Total	0.8	0.1	0.73	0.7	0.15	-0.85	-0.88	0.98	0.95	0.65	0.99	0.95	0.38	0.84	0.69	0.26	0.69	0.95	0.92		0.99	0.38	-0.78	0.86	0.49	0.81
Short Long Term Debt Total	0.73	-0.02	0.65	0.62	0.04	-0.79	-0.82	0.99	0.91	0.57	1.0	0.9	0.27	0.77	0.62	0.18	0.62	0.91	0.87	0.99		0.39	-0.72	0.8	0.42	0.75
Short Term Debt	0.41	0.17	0.41	0.38	0.2	-0.44	-0.35	0.36	0.45	0.37	0.37	0.44	0.07	0.32	0.23	0.07	0.27	0.42	0.42	0.38	0.39		-0.53	0.36	0.26	0.4
Current Deferred Revenue	-0.96	-0.62	-0.95	-0.95	-0.67	0.96	0.9	-0.66	-0.92	-0.94	-0.7	-0.92	-0.68	-0.92	-0.71	-0.47	-0.85	-0.92	-0.93	-0.78	-0.72	-0.53		-0.92	-0.82	-0.95
Common Stock	0.98	0.55	0.94	0.95	0.61	-0.98	-1.0	0.75	0.96	0.93	0.78	0.96	0.75	0.99	0.9	0.53	0.89	0.96	0.98	0.86	0.8	0.36	-0.92		0.74	0.98
Other Assets	0.81	0.74	0.84	0.83	0.75	-0.79	-0.72	0.38	0.69	0.83	0.4	0.69	0.68	0.77	0.57	0.57	0.75	0.69	0.71	0.49	0.42	0.26	-0.82	0.74		0.78
Property Plant Equipment	0.99	0.61	0.96	0.98	0.69	-0.98	-0.96	0.68	0.94	0.97	0.73	0.94	0.74	0.96	0.86	0.49	0.9	0.94	0.95	0.81	0.75	0.4	-0.95	0.98	0.78

Click cells to compare fundamentals

Skeena Resources Account Relationship Matchups

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	21.1M	25.0M	20.3M	3.6M	5.3M
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	33.0M	21.1M
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	19.4K	12.5K	14.0K	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	64.5M	67.7M
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
Other Current Assets	3.1M	1.1M	5.8M	1.3M	1.6M	1.7M
Other Stockholder Equity	13.6M	29.1M	40.6M	33.8M	38.9M	40.8M
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
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
Short Term Debt	307.5K	1.3M	494K	545K	1.1M	1.1M
Common Stock	99.2M	241.3M	362.0M	464.0M	552.4M	580.0M
Other Assets	1.4M	2.7M	2.2M	2.2M	2.5M	1.6M
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	4.0M
Net Tangible Assets	11.6M	109.0M	123.5M	137.2M	157.8M	165.7M
Long Term Debt Total	1.2M	1.3M	818K	3.0M	3.5M	3.6M
Cash And Equivalents	13.1M	37.8M	40.3M	40.6M	46.7M	49.0M
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

Pair Trading with Skeena Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skeena Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skeena Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Skeena Stock

0.76

First Majestic Silver

Pair Corr

Moving against Skeena Stock

0.34	INFM	Infinico Metals Corp	Pair Corr
0.34	HPQ	HPQ Silicon Resources	Pair Corr

The ability to find closely correlated positions to Skeena Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skeena Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skeena Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skeena Resources to buy it.

The correlation of Skeena Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skeena Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skeena Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Skeena Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Skeena

Details

Is Skeena Stock a good investment?

Details

What is Skeena Resources' Net Worth?

Details

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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 board of governors.

To learn how to invest in Skeena Stock, please use our How to Invest in Skeena Resources guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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.

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Skeena Free Cash Flow Per Share vs Capex To Depreciation Analysis

Free Cash Flow Per Share vs Capex To Depreciation

Free Cash Flow Per Share vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow Per Share

Capex To Depreciation

Skeena Resources fundamental ratios Correlations

Skeena Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skeena Resources fundamental ratios Accounts

Pair Trading with Skeena Resources

Moving together with Skeena Stock

Moving against Skeena Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Non Currrent Assets Other
Total Liab	+ 1.0	Cash And Short Term Investments

Common Stock	- 1.0	Retained Earnings
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Net Debt	- 0.99	Total Assets
Property Plant Equipment	- 0.98	Net Debt
Common Stock	- 0.98	Net Debt
Total Current Assets	- 0.98	Net Debt