TRNX
Price:
$0.0001
Market Cap:
$188.57K
Taronis Technologies, Inc. is a technology firm dedicated to tackling natural resource limitations, primarily within the United States. Its flagship product is MagneGas, a synthetic, hydrogen-derived fuel serving as a substitute for acetylene and other natural gas-based fuels in metal cutting and various commercial applications. The company also supplies the Plasma Arc Flow System, which facilitates MagneGas creation, as well as water purification and disinfection. Furthermore, Taronis markets and licenses its exclusive plasma arc technology for purposes such as gasification and treating liquid waste. Through its retail outlets, it distributes and offers for sale MagneGas fuel alongside othe...[Read more]
Industry
Oil & Gas Integrated
IPO Date
2008-10-14
Stock Exchange
OTC
Ticker
TRNX
According to Taronis Technologies, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.76. This represents a change of 37.38% compared to the average of 1.28 of the last 4 quarters.
The mean historical Current Ratio of Taronis Technologies, Inc. over the last ten years is 4.92. The current 1.76 Current Ratio has changed 3.49% with respect to the historical average. Over the past ten years (40 quarters), TRNX's Current Ratio was at its highest in in the December 2014 quarter at 29.45. The Current Ratio was at its lowest in in the December 2009 quarter at 0.04.
Average
4.92
Median
2.30
Minimum
0.04
Maximum
29.45
Discovering the peaks and valleys of Taronis Technologies, 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 = 5.54%
Maximum Annual Current Ratio = 29.45
Minimum Annual Increase = -92.54%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2018 | 1.76 | 199.63% |
| 2017 | 0.59 | 27.21% |
| 2016 | 0.46 | -92.54% |
| 2015 | 6.20 | -78.94% |
| 2014 | 29.45 | 954.94% |
| 2013 | 2.79 | -14.64% |
| 2012 | 3.27 | 50.00% |
| 2011 | 2.18 | -9.99% |
| 2010 | 2.42 | 5.54% |
| 2009 | 0.04 | 30.04% |
The current Current Ratio of Taronis Technologies, Inc. (TRNX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.94
5-year avg
7.69
10-year avg
4.92
Taronis Technologies, Inc.’s Current Ratio is greater than Victory Oilfield Tech, Inc. (0.24), less than Sharpe Resources Corporation (0), less than Intercept Energy Services Inc. (0), less than Terra Energy Corp. (0), greater than Barryroe Offshore Energy plc (1.54), less than Earth Search Sciences, Inc. (0), less than New Source Energy Partners L.P. PFD-A CONV (0), greater than Montana Exploration Corp. (0.15), greater than Southstone Minerals Limited (0.11), greater than Summus Solutions N.V. (0.04),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.24 | $106.14K | |
| 0 | $197.29K | |
| 0 | $137.34K | |
| 0 | $234.66K | |
| 1.54 | $236.88K | |
| 0 | $281.98K | |
| 0 | $1.87K | |
| 0.15 | $27.21K | |
| 0.11 | $248.04K | |
| 0.04 | $14.32K |
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