Petroteq Energy Inc.: 10-K/A filed 2021-08-19
What Petroteq Energy Inc. reported in its annual report amendment filed 2021-08-19 (fiscal FY 2020): 38 published measures, 78 facts as tagged in accession 0001213900-21-043858.
This is an amendment. Values here are as tagged in the amendment; the original filing has its own page.
This filing
- Form
- 10-K/A (annual report amendment)
- Filed
- 2021-08-19
- Fiscal period
- fiscal FY 2020
- Accession
- 0001213900-21-043858 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 2020-08-31 | 73,645,329 | 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 2020-08-31 | 19,515,675 | 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 | Days |
|---|---|---|---|
| At 2020-08-31 | 54,129.654 | USD | |
| At 2019-08-31 | 57,818,963 | 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 | Days |
|---|---|---|---|
| At 2020-08-31 | 62,404 | USD | |
| At 2019-08-31 | 50,719 | 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 |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | -12,379,067 | USD | 366 |
| 2018-09-01 to 2019-08-31 | -15,787,886 | USD | 365 |
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 2020-08-31 | -4,462,137 | USD | 366 |
| 2018-09-01 to 2019-08-31 | -7,871,734 | USD | 365 |
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 2020-08-31 | 2,072,750 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 7,932,937 | USD | 365 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | 290,809 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 59,335 | USD | 365 |
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 2020-08-31 | 6,828,662 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 18,322,889 | USD | 365 |
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 2020-08-31 | -2,354,840 | USD | 366 |
| 2018-09-01 to 2019-08-31 | -13,040,437 | USD | 365 |
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 2020-08-31 | -90,664,349 | USD | |
| At 2019-08-31 | -78,285,282 | 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 | Days |
|---|---|---|---|
| At 2020-08-31 | 35,582,512 | 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 2020-08-31 | 887,818 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 916,240 | USD | 365 |
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 2020-08-31 | 2,234,902 | 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 2020-08-31 | 15,190,036 | 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 2020-08-31 | 2,406,665 | 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 2020-08-31 | 12,830 | 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 |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | 9,968,209 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 14,208,398 | USD | 365 |
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 2020-08-31 | 14,749 | 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 |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | -2,410,858 | USD | 366 |
| 2018-09-01 to 2019-08-31 | -1,579,488 | USD | 365 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | 6,183,745 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 11,543,432 | USD | 365 |
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 2019-08-31 | 112,625 | USD | 365 |
Operating lease right-of-use asset
Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-08-31 | 209,101 | USD |
Operating lease liability
Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2020-08-31 | 245,482 | USD |
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 2020-08-31 | 683,547 | USD | |
| At 2019-08-31 | 867,230 | 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 | Days |
|---|---|---|---|
| At 2020-08-31 | 38,066,745 | 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 | Days |
|---|---|---|---|
| At 2020-08-31 | 2,484,233 | 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 2020-08-31 | 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 2020-08-31 | 1,769,749 | 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 2020-08-31 | 2,043,510 | 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 |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | -12,379,067 | USD | 366 |
| 2018-09-01 to 2019-08-31 | -15,787,886 | USD | 365 |
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 2020-08-31 | -12,379,067 | USD | 366 |
| 2018-09-01 to 2019-08-31 | -15,787,886 | USD | 365 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | 6,183,745 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 11,543,432 | USD | 365 |
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 |
|---|---|---|---|
| 2019-09-01 to 2020-08-31 | 103,888 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 73,650 | USD | 365 |
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 2020-08-31 | 284,753 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 19,700 | USD | 365 |
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 2020-08-31 | -131,183 | USD | 366 |
| 2018-09-01 to 2019-08-31 | -225,000 | USD | 365 |
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 2020-08-31 | -188,831 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 22,198 | USD | 365 |
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 2020-08-31 | 324,909 | USD | 366 |
| 2018-09-01 to 2019-08-31 | 161,000 | USD | 365 |
Inspect the source
- Entity
- Petroteq Energy Inc. / CIK 0001561180
- Captured
- SEC response SHA-256
a80d23e504096f28fa5d0139fe685e01cddca7d1af6a7af4ea2cb6be184ec36e
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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print(record["policy"])
for concept in record["concepts"]:
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