Taronis Fuels (Taronis Fuels) Liabilities-to-Assets : 0.48 (As of Sep. 2020)

Taronis Fuels Liabilities-to-Assets Chart

Taronis Fuels Quarterly Data
	Dec17	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Liabilities-to-Assets	Get a 7-Day Free Trial					0.26	0.25	0.25	0.41	0.48

Competitive Comparison of Taronis Fuels's Liabilities-to-Assets

For the Utilities - Renewable subindustry, Taronis Fuels's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Taronis Fuels's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taronis Fuels's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Taronis Fuels's Liabilities-to-Assets falls into.

Taronis Fuels Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Taronis Fuels's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Taronis Fuels's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2020 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Taronis Fuels  (OTCPK:TRNFQ) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Taronis Fuels Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Taronis Fuels's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Taronis Fuels (Taronis Fuels) Business Description