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Sky QuarrySKYQ -5.77%4 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates SKYQ with a GF Score™ of 4/100. The stock has 4 warning signs investors should review. Among 943 Oil & Gas companies, Sky Quarry ranks worse than 98.3% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Sky Quarry's annualized net income for the quarter that ended in Mar. 2026 was $-9.28 Mil. Sky Quarry's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-0.62 Mil. Therefore, Sky Quarry's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Sky Quarry's Return-on-Tangible-Equity or its related term are showing as below:
SKYQ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -464.3 Med: -162.14 Max: -44.9
Current: -464.3
During the past 3 years, Sky Quarry's highest Return-on-Tangible-Equity was -44.90%. The lowest was -464.30%. And the median was -162.14%.
SKYQ's Return-on-Tangible-Equity is ranked worse than 98.3% of 943
companies
in the Oil & Gas industry
Industry Median: 6.74
vs SKYQ: -464.30
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Sky Quarry Return-on-Tangible-Equity Related Terms
Sky Quarry Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sky Quarry's Return-on-Tangible-Equity 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.
SKYQ vs ECTM, VIVK, SLNG: Return-on-Tangible-Equity Comparison
For the Oil & Gas Integrated subindustry, Sky Quarry's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sky Quarry Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sky Quarry's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sky Quarry's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Sky Quarry (SKYQ) has a Return-on-Tangible-Equity of 0.00% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sky Quarry and its competitors. According to the industry distribution chart, Sky Quarry ranks #927 out of 943 companies in the Oil & Gas industry, placing it in the top 98.3%.
Is Sky Quarry's Return-on-Tangible-Equity too high?
Sky Quarry's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Sky Quarry ranks #927 out of 943 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Sky Quarry has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sky Quarry's Return-on-Tangible-Equity compare to ECTM and VIVK?
According to the Oil & Gas industry distribution chart, Sky Quarry ranks #927 out of 943 companies for Return-on-Tangible-Equity. This places Sky Quarry in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sky Quarry and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Quarry's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Quarry stock overvalued right now?
Sky Quarry (SKYQ) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Sky Quarry's overall GF Score™ is 4/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Sky Quarry (SKYQ), the current Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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. It 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.
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