SKYQ
Price:
$0.3759
Market Cap:
$8.12M
Sky Quarry Inc. operates as an oil production, refining, and environmental remediation company. The company facilitates recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. It also engages in the refining of heavy oil into diesel and other petroleum products; and exploration and development of oil sand properties. The company was formerly known as Recoteq Inc. and changed its name to Sky Quarry Inc. in April 2020. Sky Quarry Inc. was incorporated in 2019 and is headquartered in Woods Cross, Utah.
Industry
Oil & Gas Integrated
IPO Date
2024-10-10
Stock Exchange
NASDAQ
Ticker
SKYQ
According to Sky Quarry Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.21. This represents a change of -33.98% compared to the average of 0.32 of the last 4 quarters.
The mean historical Current Ratio of Sky Quarry Inc. over the last ten years is 0.61. The current 0.21 Current Ratio has changed 3.35% with respect to the historical average. Over the past ten years (40 quarters), SKYQ's Current Ratio was at its highest in in the December 2023 quarter at 0.50. The Current Ratio was at its lowest in in the September 2023 quarter at 0.
Average
0.61
Median
0.50
Minimum
0.40
Maximum
0.93
Discovering the peaks and valleys of Sky Quarry Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 0.93
Minimum Annual Increase = -46.85%
Minimum Annual Current Ratio = 0.40
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.40 | -18.89% |
| 2023 | 0.50 | -46.85% |
The current Current Ratio of Sky Quarry Inc. (SKYQ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.61
5-year avg
0.61
10-year avg
0.61
Sky Quarry Inc.’s Current Ratio is greater than Vivakor, Inc. (0.12), less than Trio Petroleum Corp. (0.56), less than STAK Inc. Ordinary Shares (1.89), less than PTL Limited (1.05), less than Barnwell Industries, Inc. (0.76), less than Robin Energy Ltd. (27.40), less than CBL International Limited (1.54), less than Ascent Solar Technologies, Inc. Common Stock (1.23), less than Turbo Energy, S.A. American Depositary Shares (0.93), less than Battalion Oil Corporation (0.96),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.12 | $5.16M | |
| 0.56 | $7.60M | |
| 1.89 | $4.94M | |
| 1.05 | $5.96M | |
| 0.76 | $11.69M | |
| 27.40 | $11.72M | |
| 1.54 | $12.17M | |
| 1.23 | $6.75M | |
| 0.93 | $2.13M | |
| 0.96 | $19.25M |
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What is the 5-year average Current Ratio for Sky Quarry Inc. (SKYQ)?
How does the current Current Ratio for Sky Quarry Inc. (SKYQ) compare to its historical average?