Empire Petroleum Corporation (EP) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 17.3M | 8.18M | 14.69M | 14.52M | 11.57M | 12.35M | 11.73M | 20.28M | 13.83M | 18.74M | 20.42M | 12.02M | 17.04M | 22.73M | 24.39M | 23.21M | 15.44M | 13.12M | 11.74M | 6.5M |
| Cash & Short-Term Investments | 8.79M | 1.19M | 4.6M | 2.29M | 1.08M | 2.25M | 3.15M | 9.26M | 3.49M | 7.79M | 11.03M | 1.29M | 6.76M | 11.94M | 15.73M | 12.44M | 5.35M | 3.61M | 3.19M | 1.02M |
| Cash Only | 8.79M | 1.19M | 4.6M | 2.29M | 1.08M | 2.25M | 3.15M | 9.26M | 3.49M | 7.79M | 11.03M | 1.29M | 6.76M | 11.94M | 15.73M | 12.44M | 5.35M | 3.61M | 3.19M | 1.02M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.96M | 5.12M | 8.33M | 10.17M | 7.88M | 8.15M | 6.51M | 8.78M | 7.29M | 8.35M | 7.23M | 7.69M | 6.5M | 7.78M | 5.98M | 8.85M | 8.49M | 7.73M | 6.82M | 3.6M |
| Days Sales Outstanding | 64.79 | 87.67 | 90.64 | 93.78 | 80.13 | 66.85 | 64.48 | 57.13 | 69.48 | 72.29 | 66.42 | 66.07 | 63.52 | 71.92 | 48.74 | 50.19 | 58.23 | 60.83 | 47.32 | 45.32 |
| Inventory | 1.45M | 1.26M | 1.22M | 1.3M | 1.5M | 1.3M | 1.5M | 1.45M | 1.8M | 1.43M | 1.56M | 1.54M | 2.26M | 1.84M | 1.61M | 1.19M | 975.68K | 1.04M | 1.53M | 1.69M |
| Days Inventory Outstanding | 16.03 | 10.42 | 153.6 | 166.3 | 14.52 | 13.93 | 13.16 | 13.1 | 15.14 | 13.46 | 16.66 | 20.26 | 23.36 | 6.37 | 13.69 | 15.78 | 15.34 | 90 | 75.7 | 115.46 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 406.81K | 0 | 26.51K | 93.17K | 121.58K | 348.67K | 191.07K | 77.91K | 55.24K | 41.56K | 0 |
| Total Non-Current Assets | 60.69M | 57.69M | 108.31M | 110.14M | 112.12M | 111.52M | 109.51M | 99.67M | 86.25M | 73.87M | 55.85M | 50.92M | 47.65M | 48.81M | 41.85M | 40.88M | 37.38M | 36.97M | 34.9M | 36.59M |
| Property, Plant & Equipment | 59.7M | 1.49M | 106.86M | 1.48M | 110.69M | 110.09M | 108.27M | 98.09M | 84.32M | 72.4M | 54.47M | 50.18M | 46.9M | 45.31M | 35.9M | 33.55M | 30.64M | 30.68M | 29.55M | 30.33M |
| Fixed Asset Turnover | 0.25x | 0.13x | 0.17x | 0.16x | 0.08x | 0.09x | 0.11x | 0.14x | 0.13x | 0.16x | 0.20x | 0.20x | 0.22x | 0.22x | 0.40x | 0.49x | 0.41x | 0.37x | 0.34x | 0.25x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 450K | 0 | 0 | 0 | 0 | 0 | 2.78M | 5.45M | 5.45M | 5.29M | 4.81M | 4.33M | 5.1M |
| Other Non-Current Assets | 999K | 56.21M | 1.45M | 108.66M | 1.43M | 1.43M | 1.25M | 1.12M | 1.93M | 1.47M | 1.37M | 746.89K | 746.88K | 719.93K | 501.47K | 1.89M | 1.45M | 1.48M | 1.02M | 1.16M |
| Total Assets | 78M | 65.87M | 122.99M | 124.66M | 123.68M | 123.87M | 121.24M | 119.95M | 100.08M | 92.62M | 76.27M | 62.94M | 64.68M | 71.55M | 66.24M | 64.09M | 52.82M | 50.09M | 46.64M | 43.09M |
| Asset Turnover | 0.11x | 0.07x | 0.08x | 0.07x | 0.07x | 0.08x | 0.09x | 0.12x | 0.11x | 0.12x | 0.15x | 0.15x | 0.15x | 0.13x | 0.21x | 0.27x | 0.24x | 0.23x | 0.23x | 0.16x |
| Asset Growth % | -36.94% | -46.82% | 1.44% | 3.93% | 23.58% | 33.74% | 58.97% | 90.57% | 54.73% | 29.45% | 15.13% | -1.8% | 22.46% | 42.83% | 42.02% | 48.74% | 209.02% | 345.26% | 104.94% | 86.35% |
| Total Current Liabilities | 29.27M | 24.34M | 23.31M | 26.17M | 24.01M | 21.27M | 26.99M | 23.76M | 27.05M | 25.05M | 18.87M | 12.6M | 14.75M | 17.62M | 13.06M | 12.47M | 10.69M | 12.05M | 9.92M | 19.68M |
| Accounts Payable | 12.73M | 10.8M | 10.57M | 11.94M | 12.02M | 10.45M | 18.24M | 13.64M | 17.19M | 16.44M | 6.05M | 4.16M | 5.73M | 5.84M | 4.23M | 3.32M | 2.68M | 4.33M | 4.26M | 2.36M |
| Days Payables Outstanding | 139 | 89.76 | 1.37K | 1.42K | 116.19 | 142.51 | 142.18 | 124.33 | 157.59 | 100.99 | 54.8 | 52.76 | 65.94 | 18.61 | 36.94 | 43.68 | 53.35 | 301.09 | 155.72 | 206.63 |
| Short-Term Debt | 1.26M | 927K | 407K | 830K | 691K | 69.55K | 193.18K | 1.4M | 1.55M | 1.1M | 5.61M | 2.32M | 2.74M | 2.06M | 1.51M | 1.62M | 1.73M | 1.7M | 1.42M | 13.27M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.09M | 774.36K | 0 | 5.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 14.29M | 12.62M | 9.69M | 13.1M | 1.76M | 0 | 5.86M | -880.08K | 5.3M | 0 | -537.02K | 0 | 5.07M | 0 | -251.12K | -209.32K | -181.03K | 0 | -166.45K | 187.47K |
| Current Ratio | 0.59x | 0.34x | 0.63x | 0.55x | 0.48x | 0.58x | 0.43x | 0.85x | 0.51x | 0.75x | 1.08x | 0.95x | 1.15x | 1.29x | 1.87x | 1.86x | 1.44x | 1.09x | 1.18x | 0.33x |
| Quick Ratio | 0.54x | 0.28x | 0.58x | 0.51x | 0.42x | 0.52x | 0.38x | 0.79x | 0.44x | 0.69x | 1.00x | 0.83x | 1.00x | 1.19x | 1.74x | 1.76x | 1.35x | 1.00x | 1.03x | 0.24x |
| Cash Conversion Cycle | -58.18 | 8.32 | -1.13K | -1.16K | -21.54 | -61.73 | -64.55 | -54.1 | -72.97 | -15.23 | 28.28 | 33.58 | 20.95 | 59.68 | 25.48 | 22.3 | 20.21 | -150.25 | -32.71 | -45.85 |
| Total Non-Current Liabilities | 45.04M | 46.14M | 46.02M | 43.99M | 40.59M | 39.83M | 37.72M | 37.51M | 41.34M | 32.61M | 38.57M | 32.02M | 30.33M | 30.69M | 28.91M | 28.78M | 28.19M | 28.2M | 32.99M | 29.62M |
| Long-Term Debt | 13.9M | 14.43M | 15.55M | 14.67M | 11.56M | 11.27M | 8.51M | 8.52M | 11.5M | 4.6M | 10.12M | 4.05M | 4.67M | 5.14M | 6.57M | 6.81M | 6.62M | 6.91M | 9.48M | 8.44M |
| Capital Lease Obligations | 105K | 12K | 61K | 39K | 87K | 143.69K | 238.67K | 338.95K | 441.75K | 544.38K | 654.52K | 513.85K | 519.85K | 547.69K | 613.9K | 591.41K | 602.55K | 646.31K | 680.78K | 684.43K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 31.04M | 31.71M | 30.4M | 29.32M | 28.95M | 28.42M | 28.97M | 28.65M | 29.4M | 27.47M | 27.8M | 27.46M | 25.14M | 25M | 21.72M | 21.38M | 20.97M | 20.64M | 22.83M | 20.49M |
| Total Liabilities | 74.31M | 70.48M | 69.33M | 70.15M | 64.61M | 61.1M | 64.71M | 61.27M | 68.39M | 57.66M | 57.44M | 44.62M | 45.08M | 48.31M | 41.97M | 41.25M | 38.89M | 40.26M | 42.91M | 49.29M |
| Total Debt | 15.27M | 15.35M | 16.35M | 15.84M | 12.69M | 11.88M | 9.36M | 10.69M | 13.92M | 6.68M | 16.81M | 7.19M | 8.18M | 8M | 8.95M | 9.22M | 9.14M | 9.44M | 11.75M | 22.54M |
| Net Debt | 6.48M | 14.16M | 11.75M | 13.54M | 11.61M | 9.63M | 6.21M | 1.43M | 10.43M | -1.11M | 5.77M | 5.9M | 1.42M | -3.94M | -6.79M | -3.21M | 3.78M | 5.83M | 8.56M | 21.52M |
| Debt / Equity | 4.14x | - | 0.30x | 0.29x | 0.21x | 0.19x | 0.17x | 0.18x | 0.44x | 0.19x | 0.89x | 0.39x | 0.42x | 0.34x | 0.37x | 0.40x | 0.66x | 0.96x | 3.15x | - |
| Debt / EBITDA | - | - | - | - | - | - | - | 12.04x | - | - | - | - | - | - | 4.42x | 1.46x | 2.17x | 9.78x | 3.24x | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 1.61x | - | - | - | - | - | - | -3.35x | -0.51x | 0.90x | 6.04x | 2.36x | - |
| Interest Coverage | -6.23x | -110.44x | -8.91x | -14.14x | -13.26x | -14.61x | -17.54x | -4.97x | -11.61x | -13.60x | -10.54x | -12.33x | -9.36x | -11.86x | 2.72x | 50.51x | 33.75x | -6.02x | 0.17x | -0.90x |
| Total Equity | 3.69M | -4.61M | 53.66M | 54.51M | 59.08M | 62.77M | 56.53M | 58.67M | 31.69M | 34.96M | 18.83M | 18.32M | 19.6M | 23.24M | 24.27M | 22.84M | 13.93M | 9.83M | 3.73M | -6.2M |
| Equity Growth % | -93.76% | -107.34% | -5.07% | -7.1% | 86.41% | 79.55% | 200.24% | 220.33% | 61.69% | 50.44% | -22.42% | -19.81% | 40.69% | 136.28% | 550.66% | 468.15% | 207.55% | 153.33% | 153.81% | -6.69% |
| Book Value per Share | 0.10 | -0.14 | 1.58 | 1.61 | 1.75 | 1.90 | 1.79 | 1.97 | 1.23 | 1.54 | 0.83 | 0.83 | 0.89 | 0.99 | 0.99 | 0.98 | 0.58 | 0.41 | 0.23 | -0.41 |
| Total Shareholders' Equity | 3.69M | -4.61M | 53.66M | 54.51M | 59.08M | 62.77M | 56.53M | 58.67M | 31.69M | 34.96M | 18.83M | 18.32M | 19.6M | 23.24M | 24.27M | 22.84M | 13.93M | 9.83M | 3.73M | -6.2M |
| Common Stock | 99K | 94K | 94K | 93K | 93K | 93.19K | 91.18K | 90.9K | 85.14K | 85.03K | 82.41K | 81.65K | 81.63K | 81.61K | 81.55K | 81.11K | 79.56K | 79.36K | 74.32K | 65.66K |
| Retained Earnings | -159.53M | -152.89M | -93.94M | -90.09M | -85.04M | -80.82M | -76.62M | -72.98M | -68.59M | -64.62M | -59.82M | -57.07M | -54.61M | -52.15M | -49.86M | -50.08M | -55.61M | -59.23M | -50.61M | -46.89M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -97.39K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |