Petroteq Energy Inc.: 10-Q/A filed 2020-06-08

Name: Petroteq Energy Inc.: 10-Q/A filed 2020-06-08
Creator: Petroteq Energy Inc.

What Petroteq Energy Inc. reported in its quarterly report amendment filed 2020-06-08 (fiscal Q2 2020): 37 published measures, 104 facts as tagged in accession 0001062993-20-002744.

This is an amendment. Values here are as tagged in the amendment; the original filing has its own page.

This filing

Form: 10-Q/A (quarterly report amendment)
Filed: 2020-06-08
Fiscal period: fiscal Q2 2020
Accession: 0001062993-20-002744 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Petroteq Energy Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2020-02-29	75,148,173	USD
At 2019-08-31	72,855,918	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2020-02-29	18,636,160	USD
At 2019-08-31	15,036,955	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2020-02-29	56,512,013	USD
At 2019-11-30	58,628,802	USD
At 2019-08-31	57,818,963	USD
At 2019-02-28	37,847,222	USD
At 2018-11-30	34,955,056	USD
At 2018-08-31	32,929,400	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2020-02-29	21,403	USD
At 2019-08-31	50,719	USD
At 2019-02-28	716,451	USD
At 2018-08-31	2,640,001	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-3,212,238	USD	91
2019-09-01 to 2020-02-29	-6,394,909	USD	182
2019-09-01 to 2019-11-30	-3,182,671	USD	91
2018-12-01 to 2019-02-28	-3,623,870	USD	90
2018-09-01 to 2019-02-28	-8,552,976	USD	181
2018-09-01 to 2018-11-30	-4,929,106	USD	91

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	-1,940,681	USD	182
2018-09-01 to 2019-02-28	-3,809,690	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	2,116,484	USD	182
2018-09-01 to 2019-02-28	7,203,834	USD	181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	68,509	USD	91
2019-09-01 to 2020-02-29	169,041	USD	182
2018-12-01 to 2019-02-28	21,248	USD	90
2018-09-01 to 2019-02-28	21,248	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	4,395,859	USD	182
2018-09-01 to 2019-02-28	13,248,097	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	-2,484,496	USD	182
2018-09-01 to 2019-02-28	-11,361,957	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit
At 2020-02-29	-84,680,191	USD
At 2019-08-31	-78,285,282	USD
At 2019-02-28	-71,050,372	USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Unit	Days
2019-12-01 to 2020-02-29	USD	91
2019-09-01 to 2020-02-29	USD	182
2018-12-01 to 2019-02-28	USD	90
2018-09-01 to 2019-02-28	USD	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit
At 2020-02-29	35,644,292	USD
At 2019-08-31	33,613,650	USD
At 2018-08-31	21,188,895	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	35,443	USD	182
2018-09-01 to 2019-02-28	61,198	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-3,502,916	USD	91
2019-09-01 to 2020-02-29	-7,102,267	USD	182
2018-12-01 to 2019-02-28	-3,600,879	USD	90
2018-09-01 to 2019-02-28	-7,934,365	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2020-02-29	2,840,963	USD
At 2019-08-31	2,441,403	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2020-02-29	14,922,959	USD
At 2019-08-31	11,710,166	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2020-02-29	2,484,327	USD
At 2019-08-31	2,081,756	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2020-02-29	16,830	USD
At 2019-08-31	144,013	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	2,731,525	USD	91
2019-09-01 to 2020-02-29	5,661,674	USD	182
2018-12-01 to 2019-02-28	3,484,132	USD	90
2018-09-01 to 2019-02-28	7,783,868	USD	181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2020-02-29	141,792	USD
At 2019-08-31	176,792	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-771,391	USD	91
2019-09-01 to 2020-02-29	-1,440,593	USD	182
2018-12-01 to 2019-02-28	-116,747	USD	90
2018-09-01 to 2019-02-28	-150,497	USD	181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	1,545,023	USD	91
2019-09-01 to 2020-02-29	3,927,105	USD	182
2018-12-01 to 2019-02-28	2,305,020	USD	90
2018-09-01 to 2019-02-28	6,111,009	USD	181

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2020-02-29	1,149,569	USD
At 2019-08-31	1,272,858	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit
At 2020-02-29	38,110,479	USD
At 2019-08-31	35,993,995	USD
At 2018-08-31	23,495,590	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit
At 2020-02-29	2,466,187	USD
At 2019-08-31	2,380,345	USD
At 2018-08-31	2,306,695	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2020-02-29	707,671	USD
At 2019-08-31	707,671	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2020-02-29	2,508,589	USD
At 2019-08-31	2,048,399	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2020-02-29	2,102,120	USD
At 2019-08-31	1,499,120	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	-3,212,238	USD	91
2019-09-01 to 2020-02-29	-6,394,909	USD	182
2018-12-01 to 2019-02-28	-3,573,870	USD	90
2018-09-01 to 2019-02-28	-8,452,976	USD	181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	-6,394,909	USD	182
2018-09-01 to 2019-02-28	-8,552,976	USD	181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2019-12-01 to 2020-02-29	11,522	USD	91
2019-09-01 to 2020-02-29	85,842	USD	182
2018-12-01 to 2019-02-28	16,343	USD	90
2018-09-01 to 2019-02-28	32,516	USD	181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	43,482	USD	182
2018-09-01 to 2019-02-28	53,030	USD	181

Operating lease payments

Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	62,210	USD	182
2018-09-01 to 2019-02-28	26,100	USD	181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	-127,183	USD	182
2018-09-01 to 2019-02-28	-235,000	USD	181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	-7,000	USD	182
2018-09-01 to 2019-02-28	-181,254	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2019-09-01 to 2020-02-29	2,427,654	USD	182
2018-09-01 to 2019-02-28	2,138,284	USD	181

Inspect the source

Entity: Petroteq Energy Inc. / CIK 0001561180
Captured: 2026-09-22 19:52 UTC
SEC response SHA-256: a80d23e504096f28fa5d0139fe685e01cddca7d1af6a7af4ea2cb6be184ec36e

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001561180.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))