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Titan Environmental Solutions (Titan Environmental Solutions) Liabilities-to-Assets : 0.84 (As of Mar. 2024)


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What is Titan Environmental Solutions Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Titan Environmental Solutions's Total Liabilities for the quarter that ended in Mar. 2024 was $19.22 Mil. Titan Environmental Solutions's Total Assets for the quarter that ended in Mar. 2024 was $22.91 Mil. Therefore, Titan Environmental Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.84.


Titan Environmental Solutions Liabilities-to-Assets Historical Data

The historical data trend for Titan Environmental Solutions's Liabilities-to-Assets 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.

* Premium members only.

Titan Environmental Solutions Liabilities-to-Assets Chart

Titan Environmental Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 1.87 2.32 1.28 0.66 0.76

Titan Environmental Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 6.41 0.55 0.56 0.76 0.84

Competitive Comparison of Titan Environmental Solutions's Liabilities-to-Assets

For the Waste Management subindustry, Titan Environmental Solutions'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.


Titan Environmental Solutions's Liabilities-to-Assets Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Titan Environmental Solutions's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Titan Environmental Solutions's Liabilities-to-Assets falls into.



Titan Environmental Solutions 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.

Titan Environmental Solutions's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=16.876/22.175
=0.76

Titan Environmental Solutions's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=19.217/22.908
=0.84

* 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.


Titan Environmental Solutions  (OTCPK:TESI) 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.


Titan Environmental Solutions Liabilities-to-Assets Related Terms

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Titan Environmental Solutions (Titan Environmental Solutions) Business Description

Traded in Other Exchanges
N/A
Address
14205 SE 36th Street, Suite 100, Bellevue, WA, USA, 98006
Titan Environmental Solutions Inc is a integrated providing company that provides non-hazardous solid waste and recycling collection, transportation, transfer and disposal services. It also provides technology-enabled solutions for food waste processing, including onsite digesters for food waste, together with cloud-based software tracking and analytics solutions.
Executives
Eleven 11 Management Llc 10 percent owner 156 W. SADDLE RIVER ROAD, SADDLE RIVER NJ 07458
Jeffrey John Rizzo director, 10 percent owner, officer: Chief Operating Officer 1931 AUSTIN DRIVE, TROY MI 48083
Michelle Rizzo 10 percent owner 1931 AUSTIN DRIVE, TROY MI 48083
Michelle M. Rizzo Trust, Dated January 17, 2009 10 percent owner 1931 AUSTIN DRIVE, TROY MI 48083
Marilyn Rizzo 10 percent owner 1931 AUSTIN DRIVE, TROY MI 48083
Marilyn D. Rizzo Trust, Dated April 23, 2010, As Amended 10 percent owner 1931 AUSTIN DRIVE, TROY MI 48083
Titan 5, Llc 10 percent owner 1931 AUSTIN DRIVE, TROY MI 48083
Titan Holdings 2, Llc 10 percent owner 1931 AUSTIN DRIVE, TROY MI 48083
Michael Jansen officer: Chief Financial Officer 1931 AUSTIN DRIVE, TROY MI 48083
Glen Martin Miller director, officer: Chief Executive Officer 1931 AUSTIN DRIVE, TROY MI 48083
Frank E. Celli director 27 BRADLEY LANE, MONTVALE NJ 07645
Sandeep Soni officer: President of Kringle.ai 515 OCEAN AVENUE, UNIT 401N, SANTA MONICA CA 90402
Lathika Regunathan officer: President of Mimo Technologies A 847, GROUND FLOOR, LAVY PINTO BLOCK,, ASIAN GAMES VILLAGE, NEW DELHI K7 110049
Michael H Pollack officer: Interim CFO 114 WEST 47TH STREET, 19TH FLOOR, NEW YORK NY 10036
Richard J Berman director 305 COLLEGE ROAD EAST, PRINCETON NJ 08540