TKLS
Price:
$0.12
Market Cap:
$15.93M
Operating through its subsidiary, Bollente, Inc., Trutankless, Inc. is dedicated to the research, development, and commercialization of electric tankless water heaters throughout the United States. The company primarily offers its Trutankless-branded water heating units, designed to deliver a consistent and on-demand hot water supply. Complementing its innovative hardware, Trutankless also provides an adaptable online control interface, home.trutankless.com. This digital platform empowers both residential and commercial clients to remotely monitor real-time operational status, fine-tune temperature settings, review water consumption metrics, and customize alert notifications from any locatio...[Read more]
Industry
Consumer Electronics
IPO Date
2009-03-26
Stock Exchange
OTC
Ticker
TKLS
According to Trutankless, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of 90.88% compared to the average of 0.24 of the last 4 quarters.
The mean historical Current Ratio of Trutankless, Inc. over the last ten years is 0.23. The current 0.47 Current Ratio has changed 20.67% with respect to the historical average. Over the past ten years (40 quarters), TKLS's Current Ratio was at its highest in in the March 2018 quarter at 0.80. The Current Ratio was at its lowest in in the December 2023 quarter at 0.00.
Average
0.23
Median
0.23
Minimum
0.00
Maximum
0.49
Discovering the peaks and valleys of Trutankless, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 9.35%
Maximum Annual Current Ratio = 0.49
Minimum Annual Increase = -93.19%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.15 | -56.45% |
| 2024 | 0.34 | 9.35% |
| 2023 | 0.00 | -93.19% |
| 2022 | 0.05 | 7.85% |
| 2021 | 0.05 | -81.67% |
| 2020 | 0.26 | 36.54% |
| 2019 | 0.19 | -47.51% |
| 2018 | 0.37 | 7.04% |
| 2017 | 0.34 | -30.05% |
| 2016 | 0.49 | -45.86% |
The current Current Ratio of Trutankless, Inc. (TKLS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.16
5-year avg
0.12
10-year avg
0.23
Trutankless, Inc.’s Current Ratio is greater than AB International Group Corp. (0.04), greater than Pingify International Inc. (0.04), greater than Wirecard AG (0), greater than Diguang International Development Co., Ltd. (0), less than Datametrex AI Limited (1.70), less than Luxxfolio Holdings Inc. (1.94), greater than Juma Technology Corp. (0.10), less than Livento Group, Inc. (8.69), less than Exela Technologies, Inc. (0.57), less than NFT Technologies Inc. (3.19),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.04 | $1.83M | |
| 0.04 | $1.00K | |
| 0 | $37.07K | |
| 0 | $2.26M | |
| 1.70 | $1.07M | |
| 1.94 | $1.41M | |
| 0.10 | $4.65K | |
| 8.69 | $1.12M | |
| 0.57 | $305.26K | |
| 3.19 | $695.85K |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Trutankless, Inc. (TKLS)?
How does the current Current Ratio for Trutankless, Inc. (TKLS) compare to its historical average?