Toughbuilt Industries, Inc financial data

Symbol
TBLT on OTC
Industry
Cutlery, Handtools & General Hardware
Location
8669 Research Drive, Irvine, CA
State of incorporation
NV
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2023 - Nov 20, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 94.4 % -52.5%
Quick Ratio 66 % -47.8%
Debt-to-equity 281 % +309%
Return On Equity -270 % -326%
Return On Assets -70.8 % -88.5%
Operating Margin -58.8 % -1.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 36.9M shares
Common Stock, Shares, Outstanding 36.9M shares +199%
Entity Public Float 31.4M USD -70.5%
Common Stock, Value, Issued 3.69K USD +200%
Weighted Average Number of Shares Outstanding, Basic 31.3M shares +188%
Weighted Average Number of Shares Outstanding, Diluted 31.3M shares +58.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 89.6M USD -0.45%
Research and Development Expense 12.6M USD +19.1%
Operating Income (Loss) -52.7M USD -1.34%
Net Income (Loss) Attributable to Parent -51.3M USD -64.5%
Earnings Per Share, Basic 15 USD/shares -1020%
Earnings Per Share, Diluted 14.9 USD/shares -1633%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 8.99M USD -61.6%
Inventory, Net 28.1M USD -29.8%
Assets, Current 39.4M USD -41.9%
Property, Plant and Equipment, Net 18.9M USD +1.21%
Operating Lease, Right-of-Use Asset 4.02M USD -14%
Other Assets, Noncurrent 2.17M USD +28.6%
Assets 64.5M USD -30.5%
Accounts Payable, Current 41.1M USD +41.2%
Accrued Liabilities, Current 4.46M USD +62.5%
Liabilities, Current 53.2M USD +35.3%
Operating Lease, Liability, Noncurrent 3.01M USD -19.1%
Liabilities 56.3M USD +30.6%
Retained Earnings (Accumulated Deficit) -173M USD -42.1%
Stockholders' Equity Attributable to Parent 8.27M USD -83.4%
Liabilities and Equity 64.5M USD -30.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 783K USD
Net Cash Provided by (Used in) Financing Activities 268K USD -93.6%
Net Cash Provided by (Used in) Investing Activities -1.26M USD -85.4%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 36.9M shares +199%
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 -207K USD +96.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 700K USD
Deferred Tax Assets, Valuation Allowance 40.4M USD +60.9%
Deferred Tax Assets, Gross 40.4M USD +60.9%
Operating Lease, Liability 4.26M USD -8.91%
Depreciation 4.38M USD +76.9%
Payments to Acquire Property, Plant, and Equipment 1.26M USD +72.7%
Lessee, Operating Lease, Liability, to be Paid 4.62M USD -10.7%
Operating Lease, Liability, Current 1.25M USD +30.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.25M USD -5.07%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.48M USD +54.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 365K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.21M USD +6.22%
Deferred Tax Assets, Operating Loss Carryforwards 37.8M USD +48.4%
Preferred Stock, Shares Authorized 4.27K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 334K USD -69.1%
Additional Paid in Capital 181M USD +5.69%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 147K USD -73.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%