Sky Quarry Balance Sheet Health
Financial Health criteria checks 2/6
Sky Quarry has a total shareholder equity of $2.0M and total debt of $11.4M, which brings its debt-to-equity ratio to 572.2%. Its total assets and total liabilities are $19.3M and $17.3M respectively.
Key information
572.20%
Debt to equity ratio
US$11.43m
Debt
| Interest coverage ratio | n/a |
| Cash | US$66.83k |
| Equity | US$2.00m |
| Total liabilities | US$17.31m |
| Total assets | US$19.31m |
Financial Position Analysis
Short Term Liabilities: SKYQ's short term assets ($1.3M) do not cover its short term liabilities ($16.4M).
Long Term Liabilities: SKYQ's short term assets ($1.3M) exceed its long term liabilities ($917.6K).
Debt to Equity History and Analysis
Debt Level: SKYQ's net debt to equity ratio (568.9%) is considered high.
Reducing Debt: SKYQ's debt to equity ratio has reduced from 993.9% to 572.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SKYQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SKYQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/11 18:08 |
| End of Day Share Price | 2026/06/11 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sky Quarry Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.