U.S. Energy Corp. (USEG) 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 | 12.49M | 1.21M | 2.8M | 8.21M | 12.09M | 9.72M | 3.39M | 5.19M | 5.4M | 8.37M | 6.67M | 5.14M | 5.91M | 8.44M | 8.27M | 9.89M | 7.01M | 5.97M | 8.82M | 8.98M |
| Cash & Short-Term Investments | 10.62M | 575K | 1.73M | 6.94M | 10.57M | 7.85M | 1.26M | 2.38M | 2.19M | 3.52M | 2.13M | 1.27M | 2.53M | 4.52M | 3.2M | 2.62M | 1.72M | 4.61M | 7.2M | 6.84M |
| Cash Only | 10.45M | 429K | 1.42M | 6.73M | 10.5M | 7.72M | 1.16M | 2.22M | 2.01M | 3.35M | 1.97M | 1.18M | 2.42M | 4.41M | 3.09M | 2.47M | 1.45M | 4.42M | 6.96M | 6.58M |
| Short-Term Investments | 168K | 146K | 310K | 210K | 65K | 131K | 107K | 159K | 179K | 164K | 161K | 91K | 107K | 107K | 106K | 150K | 272K | 191K | 248K | 254K |
| Accounts Receivable | 740K | 451K | 623K | 747K | 893K | 1.7M | 1.78M | 2.25M | 2.38M | 2.74M | 3.49M | 2.71M | 2.05M | 3.58M | 4.52M | 6.13M | 4.27M | 1.01M | 1.08M | 722K |
| Days Sales Outstanding | 33.41 | 35.44 | 36.26 | 36.79 | 53.29 | 37.93 | 37.43 | 34.88 | 43.19 | 41.66 | 32.63 | 27.16 | 30.59 | 38.42 | 44.61 | 37.66 | 26.78 | 51.24 | 50.32 | 38.28 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 313K | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.35 | - | - | - | - | - | - |
| Other Current Assets | 1.13M | 183K | 106K | 41K | 39K | 47K | 39K | 86K | 236K | 2.03M | 1.05M | 1.16M | 1.33M | -100K | 175K | 250K | 1.02M | 289K | 250K | 975K |
| Total Non-Current Assets | 42.7M | 39.42M | 43.7M | 42.78M | 43.74M | 39.94M | 60.69M | 68.49M | 64.87M | 72.07M | 101.49M | 107.67M | 109.06M | 109.88M | 110.72M | 99.08M | 98.01M | 11.69M | 8.78M | 8.64M |
| Property, Plant & Equipment | 586K | 0 | 43.4M | 42.57M | 43.47M | 39.64M | 60.25M | 67.97M | 64.58M | 71.77M | 101.15M | 107.34M | 108.72M | 109.52M | 110.35M | 98.14M | 95.82M | 8.79M | 8.74M | 8.6M |
| Fixed Asset Turnover | 2.74x | - | 0.04x | 0.05x | 0.05x | 0.08x | 0.08x | 0.09x | 0.08x | 0.08x | 0.08x | 0.07x | 0.08x | 0.09x | 0.11x | 0.13x | 0.17x | 0.21x | 0.19x | 0.18x |
| 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 | 0 | 0 | 0 | 16K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 42.11M | 39.42M | 296K | 206K | 277K | 300K | 441K | 514K | 286K | 305K | 317K | 330K | 343K | 354K | 375K | 940K | 1.96M | 2.9M | 40K | 40K |
| Total Assets | 55.19M | 40.63M | 46.5M | 50.99M | 55.84M | 49.67M | 64.08M | 73.68M | 70.27M | 80.44M | 108.16M | 112.81M | 114.97M | 118.32M | 118.99M | 108.98M | 105.02M | 17.66M | 17.6M | 17.63M |
| Asset Turnover | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.07x | 0.07x | 0.08x | 0.07x | 0.07x | 0.08x | 0.07x | 0.07x | 0.08x | 0.10x | 0.12x | 0.14x | 0.11x | 0.09x | 0.09x |
| Asset Growth % | -1.15% | -18.2% | -27.43% | -30.79% | -20.54% | -38.26% | -40.76% | -34.69% | -38.88% | -32.01% | -9.11% | 3.52% | 9.48% | 569.87% | 576.22% | 518.23% | 495% | 42.87% | 83.19% | 81.91% |
| Total Current Liabilities | 6.52M | 6.02M | 8.47M | 10.77M | 8.77M | 12.35M | 10.88M | 10.36M | 10.49M | 11.08M | 12.1M | 9.92M | 9.2M | 11.49M | 13.23M | 16.11M | 13.55M | 2.74M | 1.42M | 1.57M |
| Accounts Payable | 1.02M | 837K | 2.7M | 3.84M | 1.32M | 2.2M | 2.17M | 1.83M | 2.14M | 1.94M | 2.54M | 2.54M | 2.21M | 2.57M | 8.2M | 6.92M | 4.91M | 891K | 734K | 810K |
| Days Payables Outstanding | 49.1 | 95.4 | 150.67 | 82.85 | 54.79 | 50.16 | 33.88 | 31.86 | 32.09 | 63.56 | 30.61 | 29.56 | 28.82 | 109.16 | 130.64 | 115.89 | 50.29 | 94.62 | 121.2 | 167.41 |
| Short-Term Debt | 214K | 210K | 206K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 179K | 176K | 174K | 0 | 216K | 377K | 639K | 0 | 101K | 176K |
| Deferred Revenue (Current) | 0 | 0 | 3.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.98M | 3.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 5.29M | 4.98M | 1.58M | 846K | 1.1M | 1.85M | 1.61M | 1.53M | 1.68M | 6.13M | 8.32M | 2.24M | 2.69M | 5.87M | 3.96M | 8.17M | 7.83M | 1.18M | 209K | 289K |
| Current Ratio | 1.92x | 0.20x | 0.33x | 0.76x | 1.38x | 0.79x | 0.31x | 0.50x | 0.51x | 0.76x | 0.55x | 0.52x | 0.64x | 0.73x | 0.63x | 0.61x | 0.52x | 2.18x | 6.20x | 5.73x |
| Quick Ratio | 1.92x | 0.20x | 0.33x | 0.76x | 1.38x | 0.79x | 0.31x | 0.50x | 0.51x | 0.76x | 0.55x | 0.52x | 0.64x | 0.71x | 0.63x | 0.61x | 0.52x | 2.18x | 6.20x | 5.73x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | -64.4 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 10.2M | 10.41M | 12.99M | 12.27M | 13.5M | 13.5M | 17.46M | 25.59M | 23.03M | 22.84M | 29.88M | 28.55M | 28.68M | 28.47M | 25.44M | 16.56M | 15.31M | 1.49M | 1.5M | 1.58M |
| Long-Term Debt | 2.5M | 2.5M | 0 | 0 | 0 | 0 | 0 | 7M | 5M | 5M | 12M | 12M | 12M | 12M | 12.5M | 4M | 3.5M | 0 | 0 | 0 |
| Capital Lease Obligations | 151K | 206K | 259K | 312K | 365K | 415K | 466K | 515K | 564K | 611K | 658K | 704K | 750K | 794K | 837K | 880K | 2K | 19K | 49K | 78K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 16K | 16K | 16K | 446K | 610K | 836K | 898K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7.55M | 7.71M | 12.73M | 11.95M | 13.14M | 13.08M | 16.99M | 18.06M | 17.45M | 17.22M | 16.78M | 15.23M | 15.1M | 14.78M | 12.1M | 11.68M | 11.81M | 1.47M | 1.45M | 1.5M |
| Total Liabilities | 16.72M | 16.43M | 21.46M | 23.03M | 22.28M | 25.85M | 28.34M | 35.95M | 33.53M | 33.92M | 41.98M | 38.47M | 37.88M | 39.97M | 38.67M | 32.67M | 28.87M | 4.23M | 2.92M | 3.15M |
| Total Debt | 2.87M | 2.92M | 465K | 515K | 564K | 611K | 659K | 7.7M | 5.75M | 5.79M | 12.84M | 12.88M | 12.92M | 12.98M | 13.73M | 5.41M | 4.14M | 133K | 260K | 361K |
| Net Debt | -7.59M | 2.49M | -950K | -6.21M | -9.94M | -7.11M | -496K | 5.48M | 3.74M | 2.44M | 10.86M | 11.71M | 10.5M | 8.57M | 10.64M | 2.95M | 2.69M | -4.29M | -6.7M | -6.22M |
| Debt / Equity | 0.07x | 0.12x | 0.02x | 0.02x | 0.02x | 0.03x | 0.02x | 0.20x | 0.16x | 0.12x | 0.19x | 0.17x | 0.17x | 0.17x | 0.17x | 0.07x | 0.05x | 0.01x | 0.02x | 0.02x |
| Debt / EBITDA | - | - | - | - | - | - | - | 15.72x | - | 5.43x | - | 54.81x | 25.24x | 5.65x | 4.65x | 1.03x | 1.57x | - | 0.69x | 1.54x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 11.19x | - | 2.29x | - | 49.81x | 20.51x | 3.73x | 3.61x | 0.56x | 1.02x | - | -17.66x | -26.47x |
| Interest Coverage | -49.90x | -44.32x | -45.40x | -127.89x | -65.19x | -63.51x | -23.38x | -14.10x | -78.33x | -79.98x | -28.25x | -8.43x | -3.88x | -4.27x | 23.79x | 9.60x | -120.46x | - | - | -37.83x |
| Total Equity | 38.48M | 24.2M | 25.04M | 27.96M | 33.56M | 23.82M | 35.73M | 37.73M | 36.74M | 46.52M | 66.17M | 74.34M | 77.09M | 78.35M | 80.32M | 76.3M | 76.15M | 13.44M | 14.68M | 14.48M |
| Equity Growth % | 14.65% | 1.57% | -29.93% | -25.89% | -8.67% | -48.8% | -46% | -49.25% | -52.34% | -40.63% | -17.62% | -2.57% | 1.23% | 483.21% | 447.22% | 426.89% | 422.55% | 56.82% | 125.33% | 90.6% |
| Book Value per Share | 0.96 | 0.72 | 0.76 | 0.86 | 1.03 | 0.85 | 1.27 | 1.48 | 1.45 | 1.83 | 2.60 | 2.95 | 3.06 | 3.13 | 3.25 | 3.02 | 3.21 | 2.85 | 3.11 | 3.10 |
| Total Shareholders' Equity | 38.48M | 24.2M | 25.04M | 27.96M | 33.56M | 23.82M | 35.73M | 37.73M | 36.74M | 46.52M | 66.17M | 74.34M | 77.09M | 78.35M | 80.32M | 76.3M | 76.15M | 13.44M | 14.68M | 14.48M |
| Common Stock | 523K | 345K | 343K | 342K | 342K | 279K | 280K | 281K | 253K | 253K | 255K | 251K | 252K | 250K | 250K | 249K | 249K | 47K | 47K | 47K |
| Retained Earnings | -215.1M | -211.91M | -210.43M | -207.09M | -201.03M | -197.92M | -185.89M | -183.65M | -181.67M | -172.13M | -152.33M | -143.54M | -140.43M | -138.59M | -136.2M | -139.73M | -139.27M | -135.89M | -134.41M | -134.49M |
| 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 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |