Taronis Fuels
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Taronis Fuels's balance sheet done over the years? Its assets were worth $42,407,000 last year, which is more than in the previous period. 25% of Taronis Fuels’s total assets is currently financed by debt. Its liabilities reached the amount of $10,603,000, which means an increase by 234% compared compared to last year.
Debt to Assets
| 2017 | 10834000 | 1.66M | 15.33% |
|---|---|---|---|
| 2018 | 23680000 | 3.17M | 13.39% |
| 2019 | 42407000 | 10.60M | 25% |
TRNF Balance Sheet (2017 – 2019)
| 2019 | 2018 | 2017 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 141K | 1.59M | 587K |
Short term investments | 0 | 0 | 0 |
Net receivables | 2.93M | 1.39M | 390K |
Inventory | 3.63M | 2.58M | 1.37M |
Other current assets | 1.25M | 173K | 34K |
Total current assets | 7.97M | 5.75M | 2.38M |
Non-current assets: | |||
Property, Plant and Equipment | 21.15M | 9.65M | 5.98M |
Goodwill | 11.62M | 6.69M | 2.10M |
Intangible assets | 0 | 0 | 0 |
Long term investments | 752K | 0 | 0 |
Other non-current assets | 903K | 1.58M | 352K |
Total non-current assets | 34.43M | 17.92M | 8.45M |
Total assets | 42.40M | 23.68M | 10.83M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 647K | 0 | 44K |
Short term debt | 966K | 184K | 27K |
Total current liabilities | 6.86M | 2.36M | 1.07M |
| Non-current liabilities: | |||
Long term debt | 3.73M | 805K | 584K |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 |
Total non-current liabilities | 3.73M | 805K | 584K |
Total liabilities | 10.60M | 3.17M | 1.66M |
| Data source |