Sky Quarry (SKYQ) Balance Sheet: Assets & Liabilities

Sky Quarry (SKYQ) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Sky Quarry reported total assets of $19.21M and total liabilities of $16.03M. Shareholders' equity was $3.19M, down 72.3% from $11.50M a year earlier. Total debt stood at $11.35M against $35.37K in cash and short-term investments, a net debt position of $11.31M. That puts debt-to-equity at 3.56, compared with 0.95 a year earlier.

Sky Quarry Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Sky Quarry Inc. (SKYQ) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Current Assets
Cash and Cash Equivalents	0.04	0.39	0.39	0.33	0.57	0.99	0.14
Cash & Short-Term Investments	0.04	0.39	0.39	0.33	0.57	0.99	0.14
Accounts Receivable	0.00	1.12	1.12	3.52	4.24	-	0.03
Inventory	0.68	3.15	3.15	2.44	3.44	0.10	0.10
Other Current Assets	0.61	0.34	0.34	0.11	0.27	0.01	0.91
Total Current Assets	1.33	5.00	5.00	6.40	8.52	1.10	1.17
Non-Current Assets
Property, Plant & Equipment (Net)	13.91	15.81	15.81	14.22	13.30	2.79	2.45
Long-Term Investments	0.77	2.93	-	0.00	0.78	-	-
Goodwill	3.21	3.21	3.21	3.21	3.21	-	-
Other Non-Current Assets	0.77	0.00	2.93	4.35	0.00	0.77	0.03
Total Non-Current Assets	17.89	21.95	21.95	21.78	18.33	-	-
Total Assets	19.21	26.95	26.95	28.18	26.85	4.66	3.65
Current Liabilities
Accounts Payable	2.67	2.78	4.05	4.75	5.23	0.10	0.27
Short-Term Debt	10.44	7.89	1.26	7.90	3.17	0.94	1.24
Current Portion of Long-Term Debt	8.99	-	6.58	4.84	3.17	0.94	1.24
Accrued Liabilities	1.88	-	1.27	0.15	0.72	0.54	-
Other Current Liabilities	0.10	1.73	0.46	0.15	0.72	-	-
Total Current Liabilities	15.12	12.40	12.40	12.87	9.11	1.57	1.51
Non-Current Liabilities
Long-Term Debt	0.91	3.05	2.00	2.10	0.13	0.60	1.39
Deferred Tax Liabilities	0.00	0.00	-	0.00	1.23	-	-
Other Non-Current Liabilities	0.00	0.00	-	0.00	0.00	-	-
Total Non-Current Liabilities	0.91	3.05	3.05	2.22	1.36	-	-
Total Liabilities	16.03	15.45	15.45	15.09	10.47	2.18	2.90
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	1.15
Retained Earnings	-36.17	-23.97	-23.97	-9.24	-4.80	-2.09	-0.32
Accumulated Other Comprehensive Income	-0.21	-0.21	-0.21	-0.20	-0.18	-0.08	-0.08
Additional Paid-in Capital	39.56	35.67	35.67	22.53	21.35	-	-
Shares Outstanding	3.23	-	2.38	2.46	-	-	-
Total Stockholders' Equity	3.19	11.50	11.50	13.09	16.38	2.49	0.75
Total Liabilities & Equity	19.21	26.95	26.95	28.18	26.85	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Sky Quarry Balance Sheet

How much debt does Sky Quarry have?

Sky Quarry had total debt of $11.35M as of Dec 31, 2025, against $35.37K in cash and short-term investments. Its debt-to-equity ratio was 3.56. Total debt was $10.94M a year earlier.

What are Sky Quarry's total assets?

Sky Quarry reported total assets of $19.21M as of Dec 31, 2025, down 28.7% from $26.95M a year earlier. Total liabilities were $16.03M.

What is Sky Quarry's shareholders' equity?

Sky Quarry's shareholders' equity was $3.19M as of Dec 31, 2025, or about $0.99 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition