Taronis Fuels, Inc. (TRNF) reported total assets of $42.41M and total liabilities of $10.6M for fiscal year 2019, resulting in total equity of $31.8M.
The company held $141K in cash and short-term investments. Total debt stood at $4.7M, with net debt of $4.56M. The Debt-to-Equity (D/E) ratio was 0.15 (conservative).
Current ratio is 1.16, suggesting adequate short-term liquidity. Interest coverage is -10.5x (weak).
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Overall SharesGrow Score: 32/100 with 0/7 criteria passed.