Sky Quarry Inc (SKYQ) Balance Sheet
SKYQ balance sheet, 2025
December 31, 2025 · U.S. dollars$19.2M assets = $16.0M liabilities + $3.2M equity
Both columns are drawn to the same scale: what SKYQ owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SKYQ financial health
Descriptive bands, not a rating. Fiscal 2025.
SKYQ balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $26.9M2022 | $19.2M2025 | −10.6%/yr | |
| Total liabilities | $10.5M2022 | $16.0M2025 | +15.2%/yr | |
| Shareholders’ equity | $16.4M2022 | $3.2M2025 | −42.1%/yr | |
| Cash & short-term investments | $572,1972022 | $35,3702025 | −60.5%/yr | |
| Total debt | $3.3M2022 | $9.9M2025 | +44.3%/yr | |
| Net cash (debt) | −$2.7M2022 | −$9.9M2025 | −$7.2M | |
| Working capital | −$593,7782022 | −$13.8M2025 | −$13.2M | |
| Book value per share | $6.892022 | $1.152025 | −44.9%/yr | |
| Current ratio | 0.932022 | 0.092025 | −0.85 | |
| Debt / equity | 0.202022 | 3.122025 | +2.91 | |
| Shares outstanding | 2.4M2022 | 2.8M2025 | +5.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SKYQ assets
SKYQ liabilities and equity
SKYQ debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SKYQ balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $35,370 | $385,116 | $326,822 | $572,197 |
| Cash & equivalents | $35,370 | $385,116 | $326,822 | $572,197 |
| Receivables | $4,688 | $1.1M | $3.5M | $4.2M |
| Inventory | $678,365 | $3.1M | $2.4M | $3.4M |
| Other current assets | $609,257 | $339,124 | $114,387 | $269,500 |
| Total current assets | $1.3M | $5.0M | $6.4M | $8.5M |
| Property, plant & equipment (net) | $5.1M | $15.8M | $14.2M | $13.3M |
| Goodwill & intangible assets | $3.2M | $3.2M | $3.2M | $3.2M |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.6M | $2.9M | $4.4M | $1.8M |
| Total assets | $19.2M | $26.9M | $28.2M | $26.9M |
| Liabilities | ||||
| Accounts payable | $2.7M | $2.8M | $4.8M | $5.2M |
| Short-term debt | $9.0M | $7.9M | $8.0M | $3.2M |
| Total current liabilities | $15.1M | $12.4M | $12.9M | $9.1M |
| Long-term debt | $907,081 | $2.0M | $2.1M | $0 |
| Lease obligations | $36,278 | $1.1M | $186,023 | — |
| Other long-term liabilities | $0 | $1.0M | $116,246 | $1.4M |
| Total liabilities | $16.0M | $15.4M | $15.1M | $10.5M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $2,586 | $1,903 | $1,630 | $4,867 |
| Retained earnings (deficit) | −$36.2M | −$24.0M | −$9.2M | −$4.8M |
| Accumulated other comprehensive income | −$212,788 | −$209,708 | −$201,505 | −$177,320 |
| Total shareholders' equity | $3.2M | $11.5M | $13.1M | $16.4M |
| Key figures | ||||
| Total debt | $9.9M | $10.9M | $10.2M | $3.3M |
| Net cash (debt) | −$9.9M | −$10.6M | −$9.9M | −$2.7M |
| Working capital | −$13.8M | −$7.4M | −$6.5M | −$593,778 |
| Tangible book value | −$22,036 | $8.3M | $9.9M | $13.2M |
| Book value per share | $1.15 | $4.83 | $5.32 | $6.89 |
| Shares outstanding | 2.8M | 2.4M | 2.5M | 2.4M |
| Current ratio | 0.09 | 0.40 | 0.50 | 0.93 |
| Quick ratio | 0.00 | 0.12 | 0.30 | 0.53 |
| Debt / equity | 3.12 | 0.95 | 0.78 | 0.20 |
| Equity / assets | 16.6% | 42.7% | 46.5% | 61.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $7.2M | $66,828 | $35,370 | $362,517 | $173,795 | $213,000 | $385,116 | $292,920 | $431,954 | $326,822 |
| Cash & equivalents | $7.2M | $66,828 | $35,370 | $362,517 | $173,795 | $213,000 | $385,116 | $292,920 | $431,954 | $326,822 |
| Receivables | $0 | $0 | $4,688 | $204,465 | $622,521 | $1.8M | $1.1M | $1.5M | $834,000 | $3.5M |
| Inventory | $1.5M | $654,912 | $678,365 | $1.4M | $2.0M | $2.1M | $3.1M | $2.7M | $3.2M | $2.4M |
| Other current assets | $1.7M | $544,219 | $609,257 | $732,730 | $403,665 | $641,427 | $339,124 | $293,826 | $380,121 | $114,387 |
| Total current assets | $10.4M | $1.3M | $1.3M | $2.7M | $3.2M | $4.7M | $5.0M | $4.8M | $4.9M | $6.4M |
| Property, plant & equipment (net) | $5.1M | $5.3M | $5.1M | $14.2M | $15.6M | $15.9M | $15.8M | $15.4M | $15.2M | $14.2M |
| Goodwill & intangible assets | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M | $3.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.6M | $9.6M | $9.6M | $818,001 | $801,816 | $798,851 | $2.9M | $2.9M | $4.4M | $4.4M |
| Total assets | $28.3M | $19.3M | $19.2M | $20.9M | $22.8M | $24.6M | $26.9M | $26.3M | $27.7M | $28.2M |
| Liabilities | ||||||||||
| Accounts payable | $2.7M | $3.6M | $2.7M | $2.3M | $2.4M | $1.7M | $2.8M | $2.8M | $3.9M | $4.8M |
| Short-term debt | $8.0M | $9.0M | $9.0M | $7.8M | $7.1M | $8.6M | $7.9M | $10.5M | $11.3M | $8.0M |
| Total current liabilities | $14.0M | $16.4M | $15.1M | $12.6M | $11.7M | $12.0M | $12.4M | $15.6M | $15.5M | $12.9M |
| Long-term debt | $2.5M | $917,605 | $907,081 | $2.8M | $2.2M | $2.0M | $2.0M | $2.1M | $0 | $2.1M |
| Lease obligations | $79,565 | $14,697 | $36,278 | $57,316 | $1.1M | $1.1M | $1.1M | $134,630 | — | $186,023 |
| Other long-term liabilities | $56,199 | $0 | $0 | $0 | $966,661 | $1.0M | $1.0M | $77,824 | $2.4M | $116,246 |
| Total liabilities | $16.6M | $17.3M | $16.0M | $15.4M | $14.9M | $15.0M | $15.4M | $17.7M | $17.9M | $15.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3,509 | $3,007 | $2,586 | $2,348 | $2,211 | $2,126 | $1,903 | $1,744 | $1,660 | $1,630 |
| Retained earnings (deficit) | −$42.5M | −$38.5M | −$36.2M | −$33.3M | −$29.5M | −$27.3M | −$24.0M | −$19.8M | −$15.3M | −$9.2M |
| Accumulated other comprehensive income | −$212,794 | −$212,790 | −$212,788 | −$212,094 | −$211,383 | −$209,286 | −$209,708 | −$209,639 | −$209,638 | −$201,505 |
| Total shareholders' equity | $11.8M | $2.0M | $3.2M | $5.5M | $7.9M | $9.6M | $11.5M | $8.6M | $9.8M | $13.1M |
| Key figures | ||||||||||
| Total debt | $10.5M | $9.9M | $9.9M | $10.6M | $10.3M | $11.6M | $10.9M | $12.7M | $33.7M | $10.2M |
| Net cash (debt) | −$3.3M | −$9.8M | −$9.9M | −$10.3M | −$10.2M | −$11.4M | −$10.6M | −$12.4M | −$33.3M | −$9.9M |
| Working capital | −$3.6M | −$15.1M | −$13.8M | −$9.9M | −$8.5M | −$7.3M | −$7.4M | −$10.8M | −$10.6M | −$6.5M |
| Tangible book value | $8.6M | −$1.2M | −$22,036 | $2.3M | $4.7M | $6.4M | $8.3M | $5.4M | $6.6M | $9.9M |
| Book value per share | $2.24 | $0.56 | $1.00 | $1.90 | $2.91 | $3.60 | $4.68 | $3.51 | $3.99 | $5.32 |
| Shares outstanding | 5.3M | 3.6M | 3.2M | 2.9M | 2.7M | 2.7M | 2.5M | 2.5M | 2.5M | 2.5M |
| Current ratio | 0.74 | 0.08 | 0.09 | 0.21 | 0.27 | 0.39 | 0.40 | 0.31 | 0.31 | 0.50 |
| Quick ratio | 0.51 | 0.00 | 0.00 | 0.05 | 0.07 | 0.16 | 0.12 | 0.12 | 0.08 | 0.30 |
| Debt / equity | 0.89 | 4.95 | 3.12 | 1.94 | 1.31 | 1.21 | 0.95 | 1.47 | 3.44 | 0.78 |
| Equity / assets | 41.5% | 10.3% | 16.6% | 26.2% | 34.5% | 39.0% | 42.7% | 32.7% | 35.4% | 46.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 31, 2026); data from EODHD.
SKYQ financial position
At the end of fiscal 2025 (December 31, 2025), Sky Quarry had total assets of $19.2 million (down 28.7% from a year earlier), total liabilities of $16.0 million and shareholders' equity of $3.2 million. It held $0.0 million in cash and short-term investments against $9.9 million of debt, net debt of $9.9 million. Its current ratio was 0.09. In the latest quarter (ended June 30, 2026) total assets were $28.3 million and equity $11.8 million.
Related: SKYQ income statement, SKYQ cash flow statement, SKYQ key metrics. See the SKYQ stock overview for the latest quote and news.
SKYQ balance sheet FAQ
What are Sky Quarry's total assets?
Sky Quarry reported total assets of $19.2 million at the end of fiscal 2025 (December 31, 2025), compared with $26.9 million a year earlier.
How much debt does Sky Quarry have?
Sky Quarry had $9.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 3.12.
How much cash does Sky Quarry have?
Sky Quarry held $0.0 million in cash and short-term investments at the end of fiscal 2025; with $9.9 million of debt that is net debt of $9.9 million.
What is Sky Quarry's book value?
Sky Quarry's shareholders' equity (book value) was $3.2 million at the end of fiscal 2025, or $1.15 per share.
What is Sky Quarry's current ratio?
Sky Quarry had current assets of $1.3 million and current liabilities of $15.1 million, a current ratio of 0.09 (current liabilities exceed current assets).
How much goodwill does Sky Quarry have?
Sky Quarry carried $3.2 million of goodwill and intangible assets, 16.7% of total assets, at the end of fiscal 2025.