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Titan Environmental Solutions Inc.: 10-Q filed 2019-08-30

What Titan Environmental Solutions Inc. reported in its quarterly report filed 2019-08-30 (fiscal Q2 2019): 42 published measures, 108 facts as tagged in accession 0001493152-19-013534.

This filing

Form
10-Q (quarterly report)
Filed
2019-08-30
Fiscal period
fiscal Q2 2019
Accession
0001493152-19-013534 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Titan Environmental Solutions Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-06-302,736,521USD
At 2018-12-3113,806USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2019-06-303,831,772USD
At 2018-12-311,672,491USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2019-06-30-1,095,251USD
At 2019-03-31-1,765,687USD
At 2018-12-31-1,658,685USD
At 2018-09-30-1,593,691USD
At 2018-06-30-1,479,163USD
At 2018-03-31-1,407,542USD
At 2017-12-31-1,260,824USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2019-06-302,687USD
At 2018-12-312,347USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-04-01 to 2019-06-30162,906USD91
2019-01-01 to 2019-06-3055,904USD181
2019-01-01 to 2019-03-31-107,002USD90
2018-10-01 to 2018-12-31-64,994USD92
2018-07-01 to 2018-09-30-114,528USD92
2018-04-01 to 2018-06-30-71,621USD91
2018-01-01 to 2018-06-30-218,339USD181
2018-01-01 to 2018-03-31-146,718USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-01-01 to 2019-06-30-203,491USD181
2018-01-01 to 2018-06-30-146,725USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2019-04-01 to 2019-06-30132,793USD91
2019-01-01 to 2019-06-30138,358USD181
2018-04-01 to 2018-06-3071,782USD91
2018-01-01 to 2018-06-30161,568USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-01-01 to 2019-06-30206,939USD181
2018-01-01 to 2018-06-30146,371USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2019-01-01 to 2019-06-30185,633USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-06-30-1,617,871USD
At 2018-12-31-1,673,775USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2019-04-01 to 2019-06-3027,297,960shares91
2019-01-01 to 2019-06-3027,297,960shares181
2018-04-01 to 2018-06-3027,297,960shares91
2018-01-01 to 2018-06-3027,297,960shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2019-04-01 to 2019-06-3027,347,960shares91
2019-01-01 to 2019-06-3027,322,960shares181
2018-04-01 to 2018-06-3027,297,960shares91
2018-01-01 to 2018-06-3027,297,960shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2019-04-01 to 2019-06-300.01USD/shares91
2019-01-01 to 2019-06-300USD/shares181
2018-04-01 to 2018-06-300USD/shares91
2018-01-01 to 2018-06-30-0.01USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2019-04-01 to 2019-06-300.01USD/shares91
2019-01-01 to 2019-06-300USD/shares181
2018-04-01 to 2018-06-300USD/shares91
2018-01-01 to 2018-06-30-0.01USD/shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2019-04-01 to 2019-06-3013,004USD91
2019-01-01 to 2019-06-3013,672USD181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2019-06-3066,825USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2019-04-01 to 2019-06-30-73,582USD91
2019-01-01 to 2019-06-30-135,866USD181
2018-04-01 to 2018-06-30-49,821USD91
2018-01-01 to 2018-06-30-156,243USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2019-06-30803,773USD
At 2018-12-3113,806USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-06-303,203,838USD
At 2018-12-311,672,491USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-06-30625,758USD
At 2018-12-3111,459USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2019-04-01 to 2019-06-30119,979USD91
2019-01-01 to 2019-06-30183,757USD181
2018-04-01 to 2018-06-3044,687USD91
2018-01-01 to 2018-06-30147,626USD181

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2019-04-01 to 2019-06-3046,397USD91
2019-01-01 to 2019-06-3047,891USD181
2018-04-01 to 2018-06-30-5,134USD91
2018-01-01 to 2018-06-30-8,617USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2019-04-01 to 2019-06-3086,396USD91
2019-01-01 to 2019-06-3090,467USD181
2018-04-01 to 2018-06-3076,916USD91
2018-01-01 to 2018-06-30170,185USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2019-06-3027,297,960shares
At 2018-12-3127,297,960shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2019-06-30499,267USD
At 2018-12-3112,355USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2019-06-3020,618USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2019-06-30565,721USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2019-06-30577,242USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2019-06-30112,931USD
At 2018-12-3154,801USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-06-30668,977USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2019-06-30602,152USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2019-06-301,029,819USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2019-06-30175,328USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2019-06-303,162USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2019-04-01 to 2019-06-30175,910USD91
2019-01-01 to 2019-06-3069,576USD181
2018-04-01 to 2018-06-30-71,621USD91
2018-01-01 to 2018-06-30-218,339USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2019-04-01 to 2019-06-3030,137USD91
2019-01-01 to 2019-06-3046,187USD181
2018-04-01 to 2018-06-3019,576USD91
2018-01-01 to 2018-06-3042,912USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2019-01-01 to 2019-06-302,641USD181
2018-01-01 to 2018-06-300USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2019-01-01 to 2019-06-308,054USD181
2018-01-01 to 2018-06-300USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2019-04-01 to 2019-06-30249,492USD91
2019-01-01 to 2019-06-30205,442USD181
2018-04-01 to 2018-06-30-21,800USD91
2018-01-01 to 2018-06-30-62,096USD181

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2019-01-01 to 2019-06-309,104USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2019-01-01 to 2019-06-3013,177USD181
2018-01-01 to 2018-06-301,750USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2019-01-01 to 2019-06-30121,591USD181
2018-01-01 to 2018-06-30-1,433USD181

Inspect the source

Entity
Titan Environmental Solutions Inc. / CIK 0001514056
Captured
2026-09-21T17:20:24.528Z
SEC response SHA-256
1842280944342a5bc953ceb2b24f148e4fd76bed1348caf09fa5807d514e3d11

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001514056.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))