US Enrgy Financials
This page shows US Enrgy (USEG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
US Enrgy has an operating margin of -124.8%, meaning the company retains $-125 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -108.4% the prior year.
US Enrgy's revenue declined 36.2% year-over-year, from $32.3M to $20.6M. This contraction results in a growth score of 0/100.
US Enrgy carries a low D/E ratio of 1.08, meaning only $1.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 71/100, indicating a strong balance sheet with room for future borrowing.
US Enrgy's current ratio of 0.79 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 12/100, which could limit financial flexibility.
US Enrgy passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, US Enrgy generates $-0.18 in operating cash flow ($4.6M OCF vs -$25.8M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
US Enrgy earns $-48.6 in operating income for every $1 of interest expense (-$25.7M vs $530K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
US Enrgy generated $20.6M in revenue in fiscal year 2024. This represents a decrease of 36.2% from the prior year.
US Enrgy's EBITDA was -$17.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 26.6% from the prior year.
US Enrgy reported -$25.8M in net income in fiscal year 2024. This represents an increase of 20.3% from the prior year.
US Enrgy earned $-0.96 per diluted share (EPS) in fiscal year 2024. This represents an increase of 25.0% from the prior year.
US Enrgy held $7.7M in cash against $0 in long-term debt as of fiscal year 2024.
US Enrgy had 28M shares outstanding in fiscal year 2024. This represents an increase of 10.1% from the prior year.
US Enrgy's operating margin was -124.8% in fiscal year 2024, reflecting core business profitability. This is down 16.4 percentage points from the prior year.
US Enrgy's net profit margin was -125.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 24.9 percentage points from the prior year.
US Enrgy spent $788K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 114.1% from the prior year.
USEG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7M-14.3% | $2.0M-7.5% | $2.2M-70.1% | $7.3M-16.2% | $8.7M+9.6% | $8.0M-3.6% | $8.3M-20.5% | $10.4M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.1M-5.9% | $2.2M-6.0% | $2.4M-6.6% | $2.6M-9.4% | $2.8M-16.2% | $3.4M+21.5% | $2.8M-3.1% | $2.9M |
| Operating Income | -$3.4M+45.8% | -$6.2M-102.0% | -$3.1M+86.1% | -$22.2M-170.1% | -$8.2M-203.9% | -$2.7M-37.8% | -$2.0M-501.2% | -$326K |
| Interest Expense | -$72K-53.2% | -$47K0.0% | -$47K+94.2% | -$807K-163.7% | -$306K-214.6% | $267K+199.6% | -$268K+26.2% | -$363K |
| Income Tax | $0 | $0 | $0+100.0% | -$458K-182.7% | -$162K+22.5% | -$209K-237.1% | -$62K-112.4% | $499K |
| Net Income | -$3.3M+44.8% | -$6.1M-94.7% | -$3.1M+84.3% | -$19.8M-125.4% | -$8.8M-249.4% | -$2.5M-101.7% | -$1.2M+31.1% | -$1.8M |
| EPS (Diluted) | $-0.42-121.1% | $-0.19+50.0% | $-0.38+51.3% | $-0.78-122.9% | $-0.35-250.0% | $-0.10-100.0% | $-0.05+16.7% | $-0.06 |
USEG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $46.5M-8.8% | $51.0M-8.7% | $55.8M-30.6% | $80.4M-25.6% | $108.2M-4.1% | $112.8M-1.9% | $115.0M-2.8% | $118.3M |
| Current Assets | $2.8M-65.9% | $8.2M-32.1% | $12.1M+44.4% | $8.4M+25.5% | $6.7M+29.9% | $5.1M-13.1% | $5.9M-30.0% | $8.4M |
| Cash & Equivalents | $1.4M-79.0% | $6.7M-35.9% | $10.5M+213.4% | $3.4M+69.8% | $2.0M+68.0% | $1.2M-51.5% | $2.4M-45.1% | $4.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $490K-13.6% | $567K-6.9% | $609K-73.9% | $2.3M-33.0% | $3.5M+28.4% | $2.7M+32.5% | $2.0M-35.9% | $3.2M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $21.5M-6.8% | $23.0M+3.4% | $22.3M-34.3% | $33.9M-19.2% | $42.0M+9.2% | $38.5M+1.5% | $37.9M-5.2% | $40.0M |
| Current Liabilities | $8.5M-21.4% | $10.8M+22.7% | $8.8M-20.8% | $11.1M-8.5% | $12.1M+22.0% | $9.9M+7.8% | $9.2M-20.0% | $11.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $25.0M-10.4% | $28.0M-16.7% | $33.6M-27.9% | $46.5M-29.7% | $66.2M-11.0% | $74.3M-3.6% | $77.1M-1.6% | $78.4M |
| Retained Earnings | -$210.4M-1.6% | -$207.1M-3.0% | -$201.0M-16.8% | -$172.1M-13.0% | -$152.3M-6.1% | -$143.5M-2.2% | -$140.4M-1.3% | -$138.6M |
USEG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$155K+90.2% | -$1.6M+65.2% | -$4.5M-282.1% | $2.5M+59.1% | $1.6M+33.7% | $1.2M+397.0% | $236K-90.2% | $2.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | $112K-57.1% | $261K+366.1% | $56K |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | $1.1M+4344.0% | -$25K-101.1% | $2.3M |
| Investing Cash Flow | -$5.2M-147.2% | -$2.1M+13.8% | -$2.4M-139.1% | $6.2M+1149.3% | -$590K+58.1% | -$1.4M-3.0% | -$1.4M-959.7% | $159K |
| Financing Cash Flow | $0+100.0% | -$104K-101.1% | $9.7M+233.3% | -$7.3M-3983.2% | -$179K+82.3% | -$1.0M-17.7% | -$859K+30.8% | -$1.2M |
| Dividends Paid | $0 | $0 | $0 | $0 | $0-100.0% | $596K0.0% | $596K+2.9% | $579K |
| Share Buybacks | $0-100.0% | $82K-65.0% | $234K+84.3% | $127K | $0-100.0% | $241K | $0 | $0 |
USEG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -194.4%+113.2pp | -307.6%-166.8pp | -140.8%+161.9pp | -302.7%-208.8pp | -93.9%-60.0pp | -33.9%-10.2pp | -23.7%-20.6pp | -3.1% |
| Net Margin | -192.2%+106.5pp | -298.7%-156.9pp | -141.9%+128.5pp | -270.4%-169.8pp | -100.5%-69.0pp | -31.5%-16.4pp | -15.1%+2.3pp | -17.4% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -7.2%+4.7pp | -11.9%-6.3pp | -5.6%+19.1pp | -24.6%-16.5pp | -8.1%-5.9pp | -2.2%-1.1pp | -1.1%+0.4pp | -1.5% |
| Current Ratio | 0.33-0.4 | 0.76-0.6 | 1.38+0.6 | 0.76+0.2 | 0.55+0.0 | 0.52-0.1 | 0.64-0.1 | 0.73 |
| Debt-to-Equity | 0.86+0.0 | 0.82+0.2 | 0.66-0.1 | 0.73+0.1 | 0.63+0.1 | 0.52+0.0 | 0.49-0.0 | 0.51 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | 13.3%+13.6pp | -0.3%-22.9pp | 22.6% |
Note: The current ratio is below 1.0 (0.79), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is US Enrgy's annual revenue?
US Enrgy (USEG) reported $20.6M in total revenue for fiscal year 2024. This represents a -36.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is US Enrgy's revenue growing?
US Enrgy (USEG) revenue declined by 36.2% year-over-year, from $32.3M to $20.6M in fiscal year 2024.
Is US Enrgy profitable?
No, US Enrgy (USEG) reported a net income of -$25.8M in fiscal year 2024, with a net profit margin of -125.0%.
What is US Enrgy's earnings per share (EPS)?
US Enrgy (USEG) reported diluted earnings per share of $-0.96 for fiscal year 2024. This represents a 25.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is US Enrgy's EBITDA?
US Enrgy (USEG) had EBITDA of -$17.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is US Enrgy's operating margin?
US Enrgy (USEG) had an operating margin of -124.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is US Enrgy's net profit margin?
US Enrgy (USEG) had a net profit margin of -125.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is US Enrgy's operating cash flow?
US Enrgy (USEG) generated $4.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are US Enrgy's total assets?
US Enrgy (USEG) had $49.7M in total assets as of fiscal year 2024, including both current and long-term assets.
Does US Enrgy buy back shares?
Yes, US Enrgy (USEG) spent $788K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does US Enrgy have outstanding?
US Enrgy (USEG) had 28M shares outstanding as of fiscal year 2024.
What is US Enrgy's current ratio?
US Enrgy (USEG) had a current ratio of 0.79 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is US Enrgy's debt-to-equity ratio?
US Enrgy (USEG) had a debt-to-equity ratio of 1.08 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is US Enrgy's return on assets (ROA)?
US Enrgy (USEG) had a return on assets of -51.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is US Enrgy's Piotroski F-Score?
US Enrgy (USEG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are US Enrgy's earnings high quality?
US Enrgy (USEG) has an earnings quality ratio of -0.18x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can US Enrgy cover its interest payments?
US Enrgy (USEG) has an interest coverage ratio of -48.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is US Enrgy?
US Enrgy (USEG) scores 21 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.