Trutankless, Inc. financial data

Industry
Household Appliances
Location
15900 North 78 Th Street, Suite 200, Scottsdale, Arizona
State of incorporation
Nevada
Fiscal year end
December 31
Former names
Bollente Companies Inc. (to 6/6/2018), Alcantara Brands CORP (to 11/16/2010)
Latest financial report
Q3 2023 - Dec 22, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 3.38 % +5.94%
Quick Ratio 2.13 % -20.9%
Debt-to-equity -105 % +0.38%
Return On Assets -908 % +85.6%
Operating Margin -4.33K % +68.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 38.8M shares
Common Stock, Shares, Outstanding 22.9M shares +12.3%
Entity Public Float 15.1M USD
Common Stock, Value, Issued 38.8K USD +90.5%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 51.8K USD -27.3%
Research and Development Expense 298K USD +72%
General and Administrative Expense 1.8M USD -49.8%
Operating Income (Loss) -2.24M USD +77%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.82M USD +80.8%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -2.82M USD +81.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 79.5K USD +282%
Accounts Receivable, after Allowance for Credit Loss, Current 7.37K USD +63.8%
Inventory, Net 108K USD -8.9%
Other Assets, Current 13.7K USD
Assets, Current 194K USD +56.9%
Operating Lease, Right-of-Use Asset 215K USD
Other Assets, Noncurrent 13.7K USD
Assets 423K USD +61.8%
Liabilities, Current 6.91M USD +31.4%
Long-term Debt and Lease Obligation 44.5K USD
Operating Lease, Liability, Noncurrent 131K USD
Liabilities 7.17M USD +31.6%
Retained Earnings (Accumulated Deficit) -66.6M USD -4.42%
Stockholders' Equity Attributable to Parent -6.75M USD -30.1%
Liabilities and Equity 423K USD +61.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -463K USD +36.1%
Net Cash Provided by (Used in) Financing Activities 380K USD -44.7%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 22.9M shares +12.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 79.2K USD +7414%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9.36K USD -82.7%
Deferred Tax Assets, Valuation Allowance 13.3M USD +3.43%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 95.7K USD
Depreciation 102 USD -96.7%
Payments to Acquire Property, Plant, and Equipment 0 USD
Lessee, Operating Lease, Liability, to be Paid 108K USD +406%
Operating Lease, Liability, Current 84.3K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 63.7K USD +198%
Lessee, Operating Lease, Liability, to be Paid, Year One 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 22.6K USD
Deferred Tax Assets, Operating Loss Carryforwards 13.3M USD +3.43%
Preferred Stock, Shares Issued 76K shares 0%
Current Income Tax Expense (Benefit) 442K USD
Preferred Stock, Shares Authorized 9.99M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 21.9K USD
Additional Paid in Capital 57.5M USD +5.99%
Preferred Stock, Shares Outstanding 76K shares 0%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 488K USD -89.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%