Meridian
Universe

SKYQ · CIK 0001812447 · FY2025 live · 2025-12-31

Sky Quarry Inc.

DistressSEC 10-KZ″Utilities2nd percentile in Utilities · 132 names

View as

Model

Z″

FY2025

−13.87

Zone

Distress

Prior

Market DD

1y PD

−13.87

Classic Z −4.97

−21.12.68+

Z″ −13.87 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

  • X1 Working capital / assets

    Short-term liquidity. Carries more weight in Z″ than in classic Z.

    −0.72
    6.56 × = −4.71
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    −1.88
    3.26 × = −6.14
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    −0.48
    6.72 × = −3.23
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.

    0.20
    1.05 × = 0.21

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.

Overview

rule-v1

Sky Quarry Inc. is on Z″ at −13.87 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; working capital / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.

Book screen Distress; market PD —. Tape not priced — not a single default call.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 2nd percentile in Utilities.

KPI widgets

Current assets

$1M

Total assets

$19M

Current liabilities

$15M

Total liabilities

$16M

Working capital

−$14M

Retained earnings

−$36M

EBIT

−$9M

Total sales

$0

Book equity

$3M

Accession 0001096906-26-000438. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.