SKYQ (Sky Quarry) Cash, Cash Equivalents, Marketable Securities : $0.21 Mil (As of Mar. 2025)

View and export this data going back to 2024. Start your Free Trial

What is Sky Quarry Cash, Cash Equivalents, Marketable Securities?

Sky Quarry's quarterly cash, cash equivalents, marketable securities increased from Sep. 2024 ($0.29 Mil) to Dec. 2024 ($0.39 Mil) but then stayed the same from Dec. 2024 ($0.39 Mil) to Mar. 2025 ($0.21 Mil).

Sky Quarry's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2023 ($0.33 Mil) and increased from Dec. 2023 ($0.33 Mil) to Dec. 2024 ($0.39 Mil).

Sky Quarry Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Sky Quarry's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sky Quarry Cash, Cash Equivalents, Marketable Securities Chart

Sky Quarry Annual Data

Trend

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

0.33

0.39

Sky Quarry Quarterly Data
	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			0.33	-	0.29	0.39	0.21

Sky Quarry Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Sky Quarry (NAS:SKYQ) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Sky Quarry Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Sky Quarry's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Sky Quarry Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sky Quarry Inc (NAS:SKYQ) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

707 W. 700 S, Suite 101, Woods Cross, UT, USA, 84087

Website

https://www.skyquarry.com

Sky Quarry Inc is a development-stage oil-producing and refining company. The company, along with its subsidiaries, is engaged in deploying technologies to facilitate the recycling of waste asphalt shingles and the remediation of oil-saturated soils. The recycling and production of oil from asphalt shingles is expected to reduce the dependence on landfills for the disposal of waste and to also reduce dependence on foreign and domestic virgin crude oil extraction for industrial uses. The company has one reportable segment: refined crude oil. The company refines crude oil to produce several key products, including Diesel, Liquid Asphalt, Vacuum Gas Oil (VGO), and Naphtha, each with distinct industrial applications.