TRNF
Price:
$0.0351
Market Cap:
$0
Taronis Fuels, Inc. operates as a renewable fuel and power generation company in the United States. It manufactures, sells, and distributes MagneGas, which is a metal cutting fuel. The company sells and distributes a line of industrial gases and welding equipment and services to a range of end market users, including metalworking, manufacturing, utility power plants, medical, agriculture, transportation, repair, demolition, salvage, and other industries. Taronis Fuels, Inc. operates 28 industrial gas retail locations. The company was founded in 2017 and is headquartered in Peoria, Arizona. On November 11, 2022, Taronis Fuels, Inc. along with its affiliates, filed a voluntary petition for reo...[Read more]
Industry
Renewable Utilities
IPO Date
2020-02-26
Stock Exchange
OTC
Ticker
TRNF
According to Taronis Fuels, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.16. This represents a change of -5.50% compared to the average of 1.23 of the last 4 quarters.
The mean historical Current Ratio of Taronis Fuels, Inc. over the last ten years is 1.94. The current 1.16 Current Ratio has changed 5.90% with respect to the historical average. Over the past ten years (40 quarters), TRNF's Current Ratio was at its highest in in the December 2018 quarter at 2.43. The Current Ratio was at its lowest in in the September 2018 quarter at 0.
Average
1.94
Median
2.21
Minimum
1.16
Maximum
2.43
Discovering the peaks and valleys of Taronis Fuels, 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 = 9.87%
Maximum Annual Current Ratio = 2.43
Minimum Annual Increase = -52.25%
Minimum Annual Current Ratio = 1.16
| Year | Current Ratio | Change |
|---|---|---|
| 2019 | 1.16 | -52.25% |
| 2018 | 2.43 | 9.87% |
The current Current Ratio of Taronis Fuels, Inc. (TRNF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.94
5-year avg
1.94
10-year avg
1.94
Taronis Fuels, Inc.’s Current Ratio is less than Encavis AG (1.17), less than Vision Energy Corp (23.78), less than Northern Power Systems Corp. (0), less than Alternative Energy Technology, Inc. (0), less than Nevo Energy, Inc. (0), less than Environmental Power Corporation (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.17 | $630.77K | |
| 23.78 | $12.63K | |
| 0 | $4.77K | |
| 0 | $10.00 | |
| 0 | $746.77K | |
| 0 | $15.00 |
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