Sky Quarry Inc (SKYQ) - Net Assets
Based on the latest financial reports, Sky Quarry Inc (SKYQ) has net assets worth $3.19 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.21 Million) and total liabilities ($16.03 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Sky Quarry Inc total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.19 Million |
| % of Total Assets | 16.59% |
| Annual Growth Rate | -42.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.68 |
Sky Quarry Inc - Net Assets Trend (2022–2025)
This chart illustrates how Sky Quarry Inc's net assets have evolved over time, based on quarterly financial data. Also explore SKYQ current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Sky Quarry Inc (2022–2025)
The table below shows the annual net assets of Sky Quarry Inc from 2022 to 2025. For live valuation and market cap data, see SKYQ stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.19 Million | -72.28% |
| 2024-12-31 | $11.50 Million | -12.15% |
| 2023-12-31 | $13.09 Million | -20.08% |
| 2022-12-31 | $16.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sky Quarry Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3136338200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.59K | 0.08% |
| Other Comprehensive Income | $-212.79K | -6.68% |
| Other Components | $39.56 Million | 1241.42% |
| Total Equity | $3.19 Million | 100.00% |
Sky Quarry Inc Competitors by Market Cap
The table below lists competitors of Sky Quarry Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The European Smaller Companies Trust PLC
LSE:ESCT
|
$10.08 Million |
|
Czerwona Torebka
WAR:CZT
|
$10.08 Million |
|
Red Mountain Mining Ltd
AU:RMX
|
$10.08 Million |
|
e-future.Co.Ltd
KQ:134060
|
$10.08 Million |
|
Aston Bay Holdings Ltd
V:BAY
|
$10.06 Million |
|
Lohilo Foods AB
ST:LOHILO
|
$10.05 Million |
|
Eifelhöhen-Klinik AG
F:EIF
|
$10.05 Million |
|
Trencor
JSE:TRE
|
$10.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sky Quarry Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,498,497 to 3,186,967, a change of -8,311,530 (-72.3%).
- Net loss of 12,198,399 reduced equity.
- Other comprehensive income decreased equity by 3,080.
- Other factors increased equity by 3,889,949.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.20 Million | -382.76% |
| Other Comprehensive Income | $-3.08K | -0.1% |
| Other Changes | $3.89 Million | +122.06% |
| Total Change | $- | -72.28% |
Book Value vs Market Value Analysis
This analysis compares Sky Quarry Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.39x to 2.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $6.89 | $2.68 | x |
| 2023-12-31 | $5.32 | $2.68 | x |
| 2024-12-31 | $4.83 | $2.68 | x |
| 2025-12-31 | $1.15 | $2.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sky Quarry Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -382.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -97.66%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 6.03x
- Recent ROE (-382.76%) is below the historical average (-140.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -16.57% | -16.66% | 0.61x | 1.64x | $-4.35 Million |
| 2023 | -33.90% | -8.74% | 1.80x | 2.15x | $-5.75 Million |
| 2024 | -128.09% | -63.04% | 0.87x | 2.34x | $-15.88 Million |
| 2025 | -382.76% | -97.66% | 0.65x | 6.03x | $-12.52 Million |
Industry Comparison
This section compares Sky Quarry Inc's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $3,761,336,955,889
- Average return on equity (ROE) among peers: 7.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sky Quarry Inc (SKYQ) | $3.19 Million | -16.57% | 5.03x | $10.07 Million |
| BP PLC ADR (BP) | $112.64 Billion | 3.36% | 1.52x | $119.34 Billion |
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $35.68 Million | -13.20% | 0.48x | $293.65K |
| Crown LNG Holdings Limited Warrants (CGBSW) | $35.68 Million | -13.20% | 0.48x | $2.23 Million |
| Chevron Corp (CVX) | $87.12 Billion | 27.47% | 0.85x | $361.71 Billion |
| Eni SpA ADR (E) | $48.51 Billion | 20.64% | 1.41x | $74.54 Billion |
| Ecopetrol SA ADR (EC) | $33.51 Trillion | 15.31% | 0.66x | $26.82 Billion |
| National Fuel Gas Company (NFG) | $1.04 Billion | 11.36% | 2.28x | $7.69 Billion |
| Shell PLC ADR (SHEL) | $91.38 Billion | 20.29% | 1.05x | $239.42 Billion |
| Stabilis Solutions Inc (SLNG) | $5.60 Million | -8.93% | 0.16x | $74.57 Million |
About Sky Quarry Inc
Sky Quarry Inc. operates as an oil production, refining, and development-stage environmental remediation company in the United States. It facilitates the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. The company also refines heavy crude oil to produce diesel and other petroleum products, such as paving asphalt liquids, vacuum gas oil, and naphtha. In additi… Read more