Sky Quarry Inc
Sky Quarry Inc. operates as an oil production, refining, and development-stage environmental remediation company in the United States. The company facilitates the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. It 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
Sky Quarry Inc (SKYQ) - Total Assets
Latest total assets as of September 2025: $20.85 Million USD
Based on the latest financial reports, Sky Quarry Inc (SKYQ) holds total assets worth $20.85 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sky Quarry Inc - Total Assets Trend (2022–2024)
This chart illustrates how Sky Quarry Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sky Quarry Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Sky Quarry Inc's total assets of $20.85 Million consist of 18.6% current assets and 81.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.4% |
| Accounts Receivable | $1.12 Million | 4.2% |
| Inventory | $3.15 Million | 11.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $3.21 Million | 11.9% |
Asset Composition Trend (2022–2024)
This chart illustrates how Sky Quarry Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sky Quarry Inc's current assets represent 18.6% of total assets in 2024, a decrease from 31.7% in 2022.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 2.1% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, unchanged from 11.0% in 2022.
- Asset Diversification: The largest asset category is goodwill at 11.9% of total assets.
Sky Quarry Inc Competitors by Total Assets
Key competitors of Sky Quarry Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
|
China | CN¥930.69 Million |
|
Galp Energia Nom
IL:0B67
|
UK | €16.23 Billion |
|
Guanghui Energy Co Ltd
SHG:600256
|
China | CN¥52.69 Billion |
|
Zhongman Petro & Natural Gas
SHG:603619
|
China | CN¥12.68 Billion |
|
Uzma Bhd
KLSE:7250
|
Malaysia | RM1.90 Billion |
|
Quadrise Fuels International plc
STU:8QF
|
Germany | €5.17 Million |
|
Bedford Energy Inc
PINK:BFDE
|
USA | $704.63K |
|
Brinx Resources Ltd
PINK:BNXR
|
USA | $328.17K |
Sky Quarry Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Sky Quarry Inc generates 0.87x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sky Quarry Inc is currently not profitable relative to its asset base.
Sky Quarry Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.21 | 0.31 | 0.50 |
| Quick Ratio | 0.10 | 0.14 | 0.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-9.90 Million | $ -10.79 Million | $ -6.48 Million |
Sky Quarry Inc - Advanced Valuation Insights
This section examines the relationship between Sky Quarry Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.55 |
| Latest Market Cap to Assets Ratio | 0.31 |
| Asset Growth Rate (YoY) | -4.4% |
| Total Assets | $26.95 Million |
| Market Capitalization | $8.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sky Quarry Inc's assets below their book value (0.31 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Sky Quarry Inc's assets decreased by 4.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Sky Quarry Inc (2022–2024)
The table below shows the annual total assets of Sky Quarry Inc from 2022 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $26.95 Million | -4.36% |
| 2023-12-31 | $28.18 Million | +4.94% |
| 2022-12-31 | $26.85 Million | -- |