Koil Energy Solutions, Inc. financial data

Symbol
KLNG on OTC
Industry
Oil & Gas Field Machinery & Equipment
Location
1310 Rankin Road, Houston, TX
State of incorporation
NV
Fiscal year end
December 31
Former names
Deep Down, Inc. (to 2/21/2023), MediQuip Holdings, INC (to 12/20/2006), TRUE HEALTH INC (to 4/10/2006)
Latest financial report
10-Q - Q3 2024 - Nov 4, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 169 % -13.6%
Quick Ratio 8.27 % +61.8%
Debt-to-equity 170 % +14.4%
Return On Equity 17.8 %
Return On Assets 6.61 %
Operating Margin 5.5 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.4M shares +4.21%
Entity Public Float 4.28M USD -40.1%
Common Stock, Value, Issued 16K USD 0%
Weighted Average Number of Shares Outstanding, Basic 12.2M shares +2.62%
Weighted Average Number of Shares Outstanding, Diluted 12.4M shares +4.38%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 20.8M USD +39%
Revenue from Contract with Customer, Excluding Assessed Tax 20.8M USD +27.2%
Cost of Revenue 9.27M USD -3%
Costs and Expenses 19.7M USD +9.97%
Operating Income (Loss) 1.14M USD
Nonoperating Income (Expense) 57K USD -92.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.21M USD
Income Tax Expense (Benefit) 4K USD -33.3%
Net Income (Loss) Attributable to Parent 1.2M USD
Earnings Per Share, Basic 0.1 USD/shares
Earnings Per Share, Diluted 0.1 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 5.31M USD -3.56%
Inventory, Net 401K USD +133%
Assets, Current 9.84M USD +21.7%
Property, Plant and Equipment, Net 2.7M USD -12.9%
Operating Lease, Right-of-Use Asset 5.51M USD -6.14%
Intangible Assets, Net (Excluding Goodwill) 66K USD -10.8%
Other Assets, Noncurrent 438K USD +96.4%
Assets 18.6M USD +6.7%
Accrued Liabilities, Current 100K USD
Contract with Customer, Liability, Current 1.43M USD -18.4%
Liabilities, Current 4.95M USD +4.44%
Operating Lease, Liability, Noncurrent 5.74M USD -7.09%
Liabilities 10.7M USD -2.19%
Retained Earnings (Accumulated Deficit) -63M USD +1.87%
Stockholders' Equity Attributable to Parent 7.89M USD +21.7%
Liabilities and Equity 18.6M USD +6.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -307K USD +54.5%
Net Cash Provided by (Used in) Financing Activities 265K USD
Net Cash Provided by (Used in) Investing Activities -10K USD +87.2%
Common Stock, Shares Authorized 24.5M shares 0%
Common Stock, Shares, Issued 15.9M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.12M USD +176%
Deferred Tax Assets, Valuation Allowance 7.55M USD +4.3%
Deferred Tax Assets, Gross 8.91M USD +2.09%
Operating Lease, Liability 6.26M USD -5.48%
Depreciation 129K USD -8.51%
Payments to Acquire Property, Plant, and Equipment 10K USD -87.3%
Lessee, Operating Lease, Liability, to be Paid 8.55M USD -9.21%
Property, Plant and Equipment, Gross 8.34M USD +0.2%
Operating Lease, Liability, Current 523K USD +16.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.02M USD +3.67%
Lessee, Operating Lease, Liability, to be Paid, Year One 1M USD +4.26%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.29M USD -18%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.04M USD +4.33%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.06M USD +4.34%
Additional Paid in Capital 73.7M USD -0.17%
Depreciation, Depletion and Amortization 102K USD -56%
Deferred Tax Assets, Net of Valuation Allowance 1.36M USD -8.65%
Share-based Payment Arrangement, Expense 5K USD
Interest Expense -34K USD -3500%