Petroteq Energy Inc.: 10-Q filed 2019-10-07

Name: Petroteq Energy Inc.: 10-Q filed 2019-10-07
Creator: Petroteq Energy Inc.

What Petroteq Energy Inc. reported in its quarterly report filed 2019-10-07 (fiscal Q3 2019): 35 published measures, 94 facts as tagged in accession 0001213900-19-019817.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-10-07
Fiscal period: fiscal Q3 2019
Accession: 0001213900-19-019817 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 2019-05-31	56,564,168	USD
At 2018-08-31	39,104,403	USD

Total liabilities

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

Period	Value	Unit	Days
At 2019-05-31	10,422,662	USD
At 2018-08-31	6,175,003	USD

Stockholders equity

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

Period	Value	Unit
At 2019-05-31	46,141,506	USD
At 2019-02-28	37,847,222	USD
At 2018-11-30	32,751,845	USD
At 2018-08-31	32,929,400	USD
At 2018-05-31	24,015,801	USD
At 2018-02-28	20,745,106	USD
At 2017-11-30	21,266,461	USD
At 2017-08-31	22,018,146	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 2019-05-31	104,171	USD
At 2018-08-31	2,640,001	USD
At 2018-05-31	95,241	USD
At 2017-08-31	55,420	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
2019-03-01 to 2019-05-31	-4,500,179	USD	92
2018-09-01 to 2019-05-31	-13,053,155	USD	273
2018-12-01 to 2019-02-28	-3,547,517	USD	90
2018-09-01 to 2018-11-30	-5,005,459	USD	91
2018-03-01 to 2018-05-31	-3,178,839	USD	92
2017-09-01 to 2018-05-31	-8,557,082	USD	273
2017-12-01 to 2018-02-28	-1,732,531	USD	90
2017-09-01 to 2017-11-30	-3,645,712	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
2018-09-01 to 2019-05-31	-6,153,087	USD	273
2017-09-01 to 2018-05-31	-3,999,773	USD	273

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
2018-09-01 to 2019-05-31	7,851,053	USD	273
2017-09-01 to 2018-05-31	3,024,517	USD	273

Revenue

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

Period	Value	Unit	Days
2019-03-01 to 2019-05-31	38,088	USD	92
2018-09-01 to 2019-05-31	59,335	USD	273

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
2018-09-01 to 2019-05-31	15,803,433	USD	273
2017-09-01 to 2018-05-31	7,632,907	USD	273

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
2018-09-01 to 2019-05-31	-12,186,176	USD	273
2017-09-01 to 2018-05-31	-3,593,313	USD	273

Retained earnings or deficit

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

Period	Value	Unit	Days
At 2019-05-31	-75,550,551	USD
At 2018-08-31	-62,497,396	USD

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 2019-05-31	28,985,632	USD
At 2018-08-31	21,188,895	USD
At 2017-08-31	14,906,953	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
2018-09-01 to 2019-05-31	1,377,615	USD	273
2017-09-01 to 2018-05-31	2,523,481	USD	273

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 2019-05-31	1,823,336	USD
At 2018-08-31	4,197,790	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 2019-05-31	9,407,834	USD
At 2018-08-31	4,572,357	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 2019-05-31	2,057,700	USD
At 2018-08-31	1,102,327	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
2019-03-01 to 2019-05-31	3,731,585	USD	92
2018-09-01 to 2019-05-31	12,034,063	USD	273
2018-03-01 to 2018-05-31	3,132,127	USD	92
2017-09-01 to 2018-05-31	8,322,962	USD	273

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 2019-05-31	270,000	USD
At 2018-08-31	122,242	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
2019-03-01 to 2019-05-31	-718,594	USD	92
2018-09-01 to 2019-05-31	-869,092	USD	273
2018-03-01 to 2018-05-31	-46,712	USD	92
2017-09-01 to 2018-05-31	-234,120	USD	273

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
2019-03-01 to 2019-05-31	2,771,785	USD	92
2018-09-01 to 2019-05-31	9,342,642	USD	273
2018-03-01 to 2018-05-31	3,020,992	USD	92
2017-09-01 to 2018-05-31	7,376,714	USD	273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2018-09-01 to 2019-05-31	106,500	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2019-05-31	131,797,097	shares

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 2019-05-31	1,312,533	USD
At 2018-08-31	1,626,551	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 2019-05-31	31,346,643	USD
At 2018-08-31	23,495,590	USD
At 2017-08-31	17,162,467	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 2019-05-31	2,361,011	USD
At 2018-08-31	2,306,695	USD
At 2017-08-31	2,255,514	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 2019-05-31	707,671	USD
At 2018-08-31	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 2019-05-31	748,474	USD
At 2018-08-31	1,900,081	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 2019-05-31	538,559	USD
At 2018-08-31	331,688	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
2019-03-01 to 2019-05-31	-4,450,179	USD	92
2018-09-01 to 2019-05-31	-12,903,155	USD	273
2018-03-01 to 2018-05-31	-3,178,839	USD	92
2017-09-01 to 2018-05-31	-8,557,082	USD	273

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
2018-09-01 to 2019-05-31	-13,053,155	USD	273
2017-09-01 to 2018-05-31	-8,557,082	USD	273

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
2019-03-01 to 2019-05-31	21,799	USD	92
2018-09-01 to 2019-05-31	54,316	USD	273
2018-03-01 to 2018-05-31	296,758	USD	92
2017-09-01 to 2018-05-31	890,273	USD	273

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
2018-09-01 to 2019-05-31	60,062	USD	273
2017-09-01 to 2018-05-31	21,066	USD	273

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
2018-09-01 to 2019-05-31	-255,000	USD	273
2017-09-01 to 2018-05-31	-80,028	USD	273

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
2018-09-01 to 2019-05-31	147,758	USD	273

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
2018-09-01 to 2019-05-31	3,323,935	USD	273
2017-09-01 to 2018-05-31	1,315,286	USD	273

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"])))