Trutankless Inc
Trutankless, Inc. engages in the research, development, marketing, distribution, and sale of smart electric tankless water heaters in the United States. The company provides water heaters under the Trutankless name; and home.trutankless.com, a customizable online control panel that enables residential and commercial users to obtain real-time status reports, adjust unit temperature settings, view … Read more
Trutankless Inc (TKLS) - Total Liabilities
Latest total liabilities as of September 2024: $7.73 Million USD
Based on the latest financial reports, Trutankless Inc (TKLS) has total liabilities worth $7.73 Million USD as of September 2024.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Trutankless Inc - Total Liabilities Trend (2008–2023)
This chart illustrates how Trutankless Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Trutankless Inc Competitors by Total Liabilities
The table below lists competitors of Trutankless Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Bio-gate AG
XETRA:BIG1
|
Germany | €2.16 Million |
|
ATI Airtest Technologies Inc
PINK:AATGF
|
USA | $5.37 Million |
|
Chitose Internasional Tbk
JK:CINT
|
Indonesia | Rp165.91 Billion |
|
Fly-E Group, Inc. Common Stock
NASDAQ:FLYE
|
USA | $18.79 Million |
|
VSBLTY Groupe Technologies Corp
PINK:VSBGF
|
USA | $10.75 Million |
|
Elemental Royalties Corp
OTCQX:ELEMF
|
USA | $4.04 Million |
|
Aethlon Medical Inc
NASDAQ:AEMD
|
USA | $1.34 Billion |
|
NETCLASS TECHNOLOGY INC Class A Ordinary Shares
NASDAQ:NTCL
|
USA | $7.83 Million |
Liability Composition Analysis (2008–2023)
This chart breaks down Trutankless Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.36 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.54 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.87 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Trutankless Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Trutankless Inc (2008–2023)
The table below shows the annual total liabilities of Trutankless Inc from 2008 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $7.70 Million | +86.84% |
| 2022-12-31 | $4.12 Million | 0.00% |
| 2021-12-31 | $4.12 Million | -0.91% |
| 2020-12-31 | $4.16 Million | +5.20% |
| 2019-12-31 | $3.95 Million | +39.92% |
| 2018-12-31 | $2.83 Million | +148.73% |
| 2017-12-31 | $1.14 Million | 0.00% |
| 2016-12-31 | $1.14 Million | +1.07% |
| 2015-12-31 | $1.12 Million | +125.76% |
| 2014-12-31 | $498.06K | -26.85% |
| 2013-12-31 | $680.88K | +10.50% |
| 2012-12-31 | $616.17K | -10.98% |
| 2011-12-31 | $692.21K | +286.02% |
| 2010-12-31 | $179.32K | +159.69% |
| 2009-12-31 | $69.05K | +273.31% |
| 2008-12-31 | $18.50K | -- |