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-K - Q4 2023 - Dec 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 78.8 % -50%
Quick Ratio 55 % -47%
Debt-to-equity 714 % +614%
Return On Equity -546 % -485%
Return On Assets -67.1 % -43.8%
Operating Margin -75 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.44M shares -96.1%
Common Stock, Shares, Outstanding 568K shares +162%
Entity Public Float 7.75M USD -75.3%
Common Stock, Value, Issued 57 USD +159%
Weighted Average Number of Shares Outstanding, Basic 380K shares +275%
Weighted Average Number of Shares Outstanding, Diluted 380K shares +275%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 76.3M USD
Revenue from Contract with Customer, Excluding Assessed Tax 89.6M USD -0.45%
Research and Development Expense 12M USD +6.19%
Operating Income (Loss) -57.2M USD -9.45%
Nonoperating Income (Expense) 10.8M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -46.4M USD
Net Income (Loss) Attributable to Parent -46.4M USD -18.2%
Earnings Per Share, Basic -122 USD/shares +73.5%
Earnings Per Share, Diluted -122 USD/shares +73.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 10.2M USD -39.1%
Inventory, Net 21.9M USD -45.6%
Assets, Current 33.5M USD -44.3%
Property, Plant and Equipment, Net 13.8M USD -21.3%
Operating Lease, Right-of-Use Asset 2.83M USD -35.8%
Other Assets, Noncurrent 2.17M USD +28.7%
Assets 51.8M USD -38.3%
Accounts Payable, Current 47M USD +64.3%
Accrued Liabilities, Current 5.28M USD +75.3%
Liabilities, Current 60.1M USD +18.5%
Operating Lease, Liability, Noncurrent 1.39M USD -60.1%
Liabilities 61.5M USD +13.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 82.5K USD
Retained Earnings (Accumulated Deficit) -191M USD -32%
Stockholders' Equity Attributable to Parent -9.72M USD -133%
Liabilities and Equity 51.8M USD -38.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 447K 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 568K shares +162%
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 -537K USD +91.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.15M USD -55.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 700K USD
Deferred Tax Assets, Valuation Allowance 56.5M USD +40%
Deferred Tax Assets, Gross 56.5M USD +40%
Operating Lease, Liability 2.9M USD -34.6%
Depreciation 4.38M USD +76.9%
Payments to Acquire Property, Plant, and Equipment 1.26M USD +72.7%
Property, Plant and Equipment, Gross 26.7M USD +8.25%
Operating Lease, Liability, Current 1.51M USD +57.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.12 pure +200%
Deferred Tax Assets, Operating Loss Carryforwards 50.7M USD +34.2%
Preferred Stock, Shares Authorized 4.27K shares 0%
Additional Paid in Capital 182M USD +3.97%
Interest Expense 147K USD -73.2%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%