Skeena Free Cash Flow Yield vs Days Payables Outstanding Analysis

SKE Stock

USD 9.37 0.01 0.11%

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 Yield and its Days Payables Outstanding 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.

Free Cash Flow Yield vs Days Payables Outstanding

Free Cash Flow Yield vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skeena Resources Free Cash Flow Yield account and Days Payables Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Skeena Resources' Free Cash Flow Yield and Days Payables Outstanding is -0.35. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Days Payables Outstanding 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 Yield and Days Payables Outstanding 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 Yield of Skeena Resources are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Free Cash Flow Yield i.e., Skeena Resources' Free Cash Flow Yield and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Days Payables Outstanding

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.The current year's Enterprise Value is expected to grow to about 509.6 M, whereas Selling General Administrative is forecasted to decline to about 5.5 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	130.6M	113.0M	114.8M	120.5M
Depreciation And Amortization	2.0M	1.9M	1.5M	1.5M

Other Operating Expenses Depreciation And Amortization

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 Stockholder Equity	Total Liab	Total Current Assets	Other Current Assets	Non Current Liabilities Total	Short Long Term Debt Total	Short Term Debt	Current Deferred Revenue	Common Stock	Other Assets	Intangible Assets
Total Assets		0.66	0.98	0.99	0.98	-0.99	-0.96	0.86	0.94	0.98	0.81	0.94	0.78	0.98	0.84	0.19	0.94	0.96	0.8	0.8	0.73	0.28	0.49	0.98	0.81	-0.77
Other Current Liab	0.66		0.75	0.75	0.76	-0.6	-0.51	0.41	0.4	0.77	0.84	0.41	0.84	0.6	0.48	0.58	0.4	0.47	0.52	0.1	-0.01	0.14	0.34	0.55	0.68	-0.68
Total Current Liabilities	0.98	0.75		0.97	0.96	-0.98	-0.92	0.82	0.91	0.96	0.87	0.91	0.81	0.95	0.76	0.24	0.9	0.93	0.85	0.73	0.65	0.29	0.48	0.94	0.8	-0.81
Total Stockholder Equity	0.99	0.75	0.97		1.0	-0.95	-0.93	0.81	0.88	1.0	0.84	0.88	0.83	0.95	0.84	0.29	0.87	0.9	0.75	0.7	0.62	0.28	0.49	0.95	0.84	-0.77
Property Plant And Equipment Net	0.98	0.76	0.96	1.0		-0.93	-0.91	0.81	0.85	1.0	0.83	0.86	0.82	0.93	0.84	0.29	0.85	0.88	0.7	0.67	0.58	0.28	0.48	0.94	0.85	-0.76
Net Debt	-0.99	-0.6	-0.98	-0.95	-0.93		0.97	-0.88	-0.97	-0.93	-0.79	-0.97	-0.72	-0.97	-0.8	-0.12	-0.97	-0.98	-0.85	-0.85	-0.79	-0.3	-0.5	-0.98	-0.76	0.76
Retained Earnings	-0.96	-0.51	-0.92	-0.93	-0.91	0.97		-0.83	-0.96	-0.9	-0.72	-0.96	-0.73	-0.99	-0.9	-0.17	-0.96	-0.97	-0.83	-0.88	-0.82	-0.21	-0.44	-1.0	-0.7	0.75
Accounts Payable	0.86	0.41	0.82	0.81	0.81	-0.88	-0.83		0.89	0.8	0.68	0.89	0.43	0.83	0.69	-0.2	0.88	0.87	0.56	0.82	0.78	0.39	0.45	0.85	0.68	-0.65
Cash	0.94	0.4	0.91	0.88	0.85	-0.97	-0.96	0.89		0.84	0.65	1.0	0.59	0.95	0.78	-0.03	1.0	1.0	0.83	0.95	0.91	0.29	0.47	0.96	0.67	-0.68
Non Current Assets Total	0.98	0.77	0.96	1.0	1.0	-0.93	-0.9	0.8	0.84		0.84	0.85	0.83	0.93	0.82	0.3	0.84	0.87	0.71	0.65	0.57	0.28	0.48	0.93	0.86	-0.77
Non Currrent Assets Other	0.81	0.84	0.87	0.84	0.83	-0.79	-0.72	0.68	0.65	0.84		0.66	0.85	0.79	0.57	0.32	0.67	0.7	0.65	0.44	0.34	0.27	0.31	0.73	0.68	-0.89
Cash And Short Term Investments	0.94	0.41	0.91	0.88	0.86	-0.97	-0.96	0.89	1.0	0.85	0.66		0.59	0.95	0.79	-0.02	1.0	1.0	0.83	0.95	0.9	0.28	0.47	0.96	0.67	-0.69
Net Receivables	0.78	0.84	0.81	0.83	0.82	-0.72	-0.73	0.43	0.59	0.83	0.85	0.59		0.8	0.68	0.62	0.6	0.66	0.72	0.38	0.27	0.03	0.25	0.75	0.61	-0.84
Common Stock Shares Outstanding	0.98	0.6	0.95	0.95	0.93	-0.97	-0.99	0.83	0.95	0.93	0.79	0.95	0.8		0.86	0.2	0.95	0.97	0.84	0.84	0.77	0.2	0.39	0.99	0.72	-0.83
Short Term Investments	0.84	0.48	0.76	0.84	0.84	-0.8	-0.9	0.69	0.78	0.82	0.57	0.79	0.68	0.86		0.34	0.77	0.8	0.6	0.69	0.62	0.09	0.46	0.9	0.59	-0.58
Other Stockholder Equity	0.19	0.58	0.24	0.29	0.29	-0.12	-0.17	-0.2	-0.03	0.3	0.32	-0.02	0.62	0.2	0.34		-0.03	0.04	0.25	-0.22	-0.31	-0.29	0.12	0.18	0.18	-0.26
Total Liab	0.94	0.4	0.9	0.87	0.85	-0.97	-0.96	0.88	1.0	0.84	0.67	1.0	0.6	0.95	0.77	-0.03		1.0	0.84	0.95	0.91	0.26	0.44	0.96	0.66	-0.72
Total Current Assets	0.96	0.47	0.93	0.9	0.88	-0.98	-0.97	0.87	1.0	0.87	0.7	1.0	0.66	0.97	0.8	0.04	1.0		0.87	0.92	0.87	0.26	0.46	0.98	0.68	-0.73
Other Current Assets	0.8	0.52	0.85	0.75	0.7	-0.85	-0.83	0.56	0.83	0.71	0.65	0.83	0.72	0.84	0.6	0.25	0.84	0.87		0.74	0.68	0.1	0.34	0.82	0.51	-0.71
Non Current Liabilities Total	0.8	0.1	0.73	0.7	0.67	-0.85	-0.88	0.82	0.95	0.65	0.44	0.95	0.38	0.84	0.69	-0.22	0.95	0.92	0.74		0.99	0.22	0.37	0.86	0.48	-0.56
Short Long Term Debt Total	0.73	-0.01	0.65	0.62	0.58	-0.79	-0.82	0.78	0.91	0.57	0.34	0.9	0.27	0.77	0.62	-0.31	0.91	0.87	0.68	0.99		0.24	0.31	0.8	0.42	-0.47
Short Term Debt	0.28	0.14	0.29	0.28	0.28	-0.3	-0.21	0.39	0.29	0.28	0.27	0.28	0.03	0.2	0.09	-0.29	0.26	0.26	0.1	0.22	0.24		-0.16	0.22	0.31	-0.08
Current Deferred Revenue	0.49	0.34	0.48	0.49	0.48	-0.5	-0.44	0.45	0.47	0.48	0.31	0.47	0.25	0.39	0.46	0.12	0.44	0.46	0.34	0.37	0.31	-0.16		0.47	0.46	-0.14
Common Stock	0.98	0.55	0.94	0.95	0.94	-0.98	-1.0	0.85	0.96	0.93	0.73	0.96	0.75	0.99	0.9	0.18	0.96	0.98	0.82	0.86	0.8	0.22	0.47		0.73	-0.75
Other Assets	0.81	0.68	0.8	0.84	0.85	-0.76	-0.7	0.68	0.67	0.86	0.68	0.67	0.61	0.72	0.59	0.18	0.66	0.68	0.51	0.48	0.42	0.31	0.46	0.73		-0.58
Intangible Assets	-0.77	-0.68	-0.81	-0.77	-0.76	0.76	0.75	-0.65	-0.68	-0.77	-0.89	-0.69	-0.84	-0.83	-0.58	-0.26	-0.72	-0.73	-0.71	-0.56	-0.47	-0.08	-0.14	-0.75	-0.58

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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	24.9M	20.3M	3.6M	5.6M
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	95.4M	100.2M
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	19.4M	12.5K	14.0M	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	2.1M	1.1M
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 Stockholder Equity	13.6M	(848.0)	40.6M	33.8M	(1.0)	(0.95)
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
Other Current Assets	3.1M	1.1M	5.8M	1.3M	4.8M	5.1M
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
Common Stock	99.2M	241.3M	362.0M	464.0M	552.4M	580.0M
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	4.5M
Net Tangible Assets	11.6M	109.0M	123.5M	137.2M	157.8M	165.7M
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

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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

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Is Skeena Stock a good investment?

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What is Skeena Resources' Net Worth?

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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 industry.

For information on how to trade Skeena Stock refer to our How to Trade Skeena Stock guide.

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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

(1.34)

Return On Assets

(0.38)

Return On Equity

(0.78)

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.

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Skeena Free Cash Flow Yield vs Days Payables Outstanding Analysis

Free Cash Flow Yield vs Days Payables Outstanding

Free Cash Flow Yield vs Days Payables Outstanding Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Days Payables Outstanding

Skeena Resources fundamental ratios Correlations

Skeena Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skeena Resources fundamental ratios Accounts

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Property Plant And Equipment Net	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash

Common Stock	- 1.0	Retained Earnings
Common Stock Shares Outstanding	- 0.99	Retained Earnings
Net Debt	- 0.99	Total Assets
Common Stock	- 0.98	Net Debt
Total Current Assets	- 0.98	Net Debt
Net Debt	- 0.98	Total Current Liabilities