Titan Environmental Solutions Inc. financial data

Symbol
TESI on OTC
Industry
Services-Computer Programming Services
Location
14205 Se 36 Th St.,, Suite 100, Bellevue, WA
State of incorporation
NV
Fiscal year end
December 31
Former names
TRAQIQ, INC. (to 11/16/2023), Thunderclap Entertainment, Inc. (to 7/20/2017)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 12.7 % +217%
Quick Ratio 1.92 %
Debt-to-equity 526 % -1.5%
Return On Equity 6.74 % -97.1%
Return On Assets -229 % -624%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 27.8M shares +83.6%
Common Stock, Shares, Outstanding 27.8M shares +83.6%
Entity Public Float 12.8M USD +145%
Common Stock, Value, Issued 2.78K USD +83.7%
Weighted Average Number of Shares Outstanding, Basic 222M shares +22.2%
Weighted Average Number of Shares Outstanding, Diluted 222M shares +22.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 935K USD
Revenue from Contract with Customer, Excluding Assessed Tax 12.1M USD +104%
Cost of Revenue 9.01M USD +33.9%
General and Administrative Expense 1.48M USD +68%
Operating Income (Loss) -11.5M USD -533%
Nonoperating Income (Expense) -2.73M USD -510%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.6M USD +88.6%
Income Tax Expense (Benefit) 18.8K USD -77.1%
Net Income (Loss) Attributable to Parent -13.6M USD
Earnings Per Share, Basic 3.72 USD/shares +90.8%
Earnings Per Share, Diluted -0.06 USD/shares +90.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.43K USD -97.5%
Accounts Receivable, after Allowance for Credit Loss, Current 1.82M USD +52.7%
Inventory, Net 350K USD -0.27%
Other Assets, Current 45.4K USD 0%
Assets, Current 2.38M USD -0.66%
Property, Plant and Equipment, Net 11.2M USD +107%
Operating Lease, Right-of-Use Asset 494K USD -65.2%
Intangible Assets, Net (Excluding Goodwill) 567K USD -94.8%
Goodwill 15.5M USD +133%
Other Assets, Noncurrent 28.6K USD +246%
Assets 18.3K USD
Liabilities, Current 18.7M USD +74.7%
Operating Lease, Liability, Noncurrent 313K USD -73.6%
Liabilities 25.1M USD +68.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 255K USD +719%
Retained Earnings (Accumulated Deficit) -169M USD -19%
Stockholders' Equity Attributable to Parent -2.63M USD -122%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -99.1M USD -3477%
Liabilities and Equity 18.3K USD

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -822K USD -107%
Net Cash Provided by (Used in) Financing Activities 1.46M USD +208%
Net Cash Provided by (Used in) Investing Activities -735K USD -1368%
Common Stock, Shares Authorized 400M shares +33.3%
Common Stock, Shares, Issued 27.8M shares +83.6%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -100K USD -484%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.31K USD -88%
Interest Paid, Excluding Capitalized Interest, Operating Activities 172K USD +119%
Deferred Tax Assets, Valuation Allowance 4.5M USD
Deferred Tax Assets, Gross 101K USD
Operating Lease, Liability 514K USD -65.6%
Depreciation 723K USD +45.1%
Payments to Acquire Property, Plant, and Equipment 735K USD +1368%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -114M USD -831%
Lessee, Operating Lease, Liability, to be Paid 578K USD -67.6%
Property, Plant and Equipment, Gross 13.3M USD +96.6%
Operating Lease, Liability, Current 200K USD -34.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 208K USD -43.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 212K USD -51%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +12.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 64.2K USD -77.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 80.5K USD -79.1%
Deferred Tax Assets, Operating Loss Carryforwards 14.9M USD
Preferred Stock, Shares Authorized 25M shares +150%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 102K USD
Additional Paid in Capital 15.9K USD -99.8%
Amortization of Intangible Assets 619K USD +33.2%
Depreciation, Depletion and Amortization 412K USD -54.5%
Share-based Payment Arrangement, Expense 0 USD -100%
Interest Expense 2.86K USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares