PTOI (Plastic2Oil) Long-Term Debt: $0.83 Mil (As of Sep. 2019)


What is Plastic2Oil Long-Term Debt?

Plastic2Oil PTOI Long-Term Debt is $0.83 Mil as of Sep. 2019.

Plastic2Oil's Long-Term Debt for the quarter that ended in Sep. 2019 was $0.83 Mil.

Plastic2Oil's quarterly Long-Term Debt increased from Mar. 2019 ($0.79 Mil) to Jun. 2019 ($0.81 Mil) and increased from Jun. 2019 ($0.81 Mil) to Sep. 2019 ($0.83 Mil).

Plastic2Oil's annual Long-Term Debt declined from Dec. 2016 ($5.89 Mil) to Dec. 2017 ($2.09 Mil) and declined from Dec. 2017 ($2.09 Mil) to Dec. 2018 ($0.76 Mil).

Plastic2Oil  (OTCPK:PTOI) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Plastic2Oil Long-Term Debt Related Terms

Plastic2Oil Long-Term Debt Historical Data

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The historical data trend for Plastic2Oil's Long-Term Debt can be seen below:

* 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.

Plastic2Oil Long-Term Debt Chart

Plastic2Oil Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.80 4.49 5.89 2.09 0.76

Plastic2Oil Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.29 0.76 0.79 0.81 0.83
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $0.83 Mil mean?
Plastic2Oil (PTOI) has a Long-Term Debt of $0.83 Mil as of Sep. 2019.
Is Plastic2Oil's Long-Term Debt too high?
Plastic2Oil's current Long-Term Debt is $0.83 Mil.
How does Plastic2Oil's Long-Term Debt compare to CREG and AWX?
Plastic2Oil's Long-Term Debt of $0.83 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Waste Management company?
A good Long-Term Debt depends on the Waste Management industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Plastic2Oil's current Long-Term Debt is $0.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastic2Oil stock overvalued right now?
Plastic2Oil (PTOI) has a current Long-Term Debt of $0.83 Mil. The current Long-Term Debt is $0.83 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Plastic2Oil (PTOI), the current Long-Term Debt is $0.83 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Plastic2Oil Business Description

Address 20 Iroquois Street, Niagara Falls, NY, USA, 14303
Plastic2Oil Inc is a U.S based fuel company which engages in transforming unsorted and unwashed waste plastic into ultra-clean, ultra-low sulphur fuel without the need for refinement in the United States. The company uses waste plastic as feedstock to produce Fuel Oil No. 2, naphtha, and Fuel Oil No. 6 for various uses. The company also produces by-products, including an off-gas similar to natural gas and a petcoke carbon residue.