Taronis Fuels (Taronis Fuels) Total Liabilities : $36.80 Mil (As of Sep. 2020)

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What is Taronis Fuels Total Liabilities?

Taronis Fuels's Total Liabilities for the quarter that ended in Sep. 2020 was $36.80 Mil.

Taronis Fuels's quarterly Total Liabilities increased from Mar. 2020 ($11.85 Mil) to Jun. 2020 ($27.12 Mil) and increased from Jun. 2020 ($27.12 Mil) to Sep. 2020 ($36.80 Mil).

Taronis Fuels's annual Total Liabilities increased from Dec. 2017 ($1.66 Mil) to Dec. 2018 ($3.17 Mil) and increased from Dec. 2018 ($3.17 Mil) to Dec. 2019 ($10.60 Mil).

Taronis Fuels Total Liabilities Historical Data

The historical data trend for Taronis Fuels's Total Liabilities 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.

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Taronis Fuels Total Liabilities Chart

Taronis Fuels Annual Data

Trend

Dec17

Dec18

Dec19

Total Liabilities

1.66

3.17

10.60

Taronis Fuels Quarterly Data
	Dec17	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Total Liabilities	Get a 7-Day Free Trial					10.26	10.60	11.85	27.12	36.80

Taronis Fuels Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Taronis Fuels's Total Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6.867	+	(3.736	+	-4.4408920985006E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	10.60

Total Liabilities	=	Total Assets (A: Dec. 2019 )	-	Total Equity (A: Dec. 2019 )
	=	42.407	-	31.804
	=	10.60

Taronis Fuels's Total Liabilities for the quarter that ended in Sep. 2020 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	24.747	+	(12.052	+	-0.0030000000000001
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	36.80

Total Liabilities	=	Total Assets (Q: Sep. 2020 )	-	Total Equity (Q: Sep. 2020 )
	=	76.322	-	39.526
	=	36.80

Taronis Fuels Total Liabilities Related Terms

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Taronis Fuels (Taronis Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Taronis Fuels Inc (OTCPK:TRNFQ) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

24980 N. 83rd Avenue, Suite 100, Peoria, AZ, USA, 85383

Website

https://www.taronisfuels.com

Taronis Fuels Inc is a renewable fuel and power generation company. It is a holding company of various gas and welding supply companies. It supplies industrial gases and welding equipment and services to the retail and wholesale metalworking and manufacturing industries. The company also sells and distributes a synthetic gas namely, MagneGas which is a renewable alternative cutting fuel. It has retail locations located throughout California, Texas, Louisiana and Florida.

Executives

Scott Mahoney	director, officer: Chief Executive Officer	4800 NORTH SCOTTSDALE ROAD SUITE 1400 SCOTTSDALE AZ 85251
Dingess, Robert L.	director	150 RAINVILLE ROAD TARPON SPRINGS FL 34689
Tyler B. Wilson	officer: CFO/Treasurer/Secretary	P.O. BOX 8129 ASPEN CO 81612
Kevin Pollack	director	150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Staunton William W Iii	director