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Titan Environmental Solutions Inc.: 10-Q filed 2020-11-09

What Titan Environmental Solutions Inc. reported in its quarterly report filed 2020-11-09 (fiscal Q3 2020): 45 published measures, 127 facts as tagged in accession 0001493152-20-020768.

This filing

Form
10-Q (quarterly report)
Filed
2020-11-09
Fiscal period
fiscal Q3 2020
Accession
0001493152-20-020768 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 2020-09-302,067,138USD
At 2019-12-312,139,486USD

Total liabilities

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

PeriodValueUnitDays
At 2020-09-304,402,541USD
At 2019-12-313,999,868USD

Stockholders equity

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

PeriodValueUnitDays
At 2020-09-30-2,335,403USD
At 2020-06-30-2,161,223USD
At 2020-03-31-2,005,416USD
At 2019-12-31-1,860,382USD
At 2019-09-30-1,720,323USD
At 2019-06-30-1,453,977USD
At 2019-03-31-1,765,687USD
At 2018-12-31-1,658,685USD

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 2020-09-302,606USD
At 2019-12-319,094USD

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
2020-07-01 to 2020-09-30-175,828USD92
2020-01-01 to 2020-09-30-439,062USD274
2020-04-01 to 2020-06-30-155,807USD91
2020-01-01 to 2020-03-31-145,034USD91
2019-10-01 to 2019-12-31-140,059USD92
2019-07-01 to 2019-09-30-248,768USD92
2019-01-01 to 2019-09-30-62,305USD273
2019-04-01 to 2019-06-30306,326USD91
2019-01-01 to 2019-03-31-107,002USD90

Operating cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-105,382USD274
2019-01-01 to 2019-09-30-403,847USD273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2020-01-01 to 2020-09-302,083USD274
2019-01-01 to 2019-09-303,417USD273

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
2020-07-01 to 2020-09-30217,858USD92
2020-01-01 to 2020-09-30739,177USD274
2019-07-01 to 2019-09-30222,318USD92
2019-01-01 to 2019-09-30360,676USD273

Financing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30148,951USD274
2019-01-01 to 2019-09-30405,337USD273

Investing cash flow

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

PeriodValueUnitDays
2020-01-01 to 2020-09-30-204,229USD274
2019-01-01 to 2019-09-30182,216USD273

Retained earnings or deficit

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

PeriodValueUnitDays
At 2020-09-30-2,336,046USD
At 2019-12-31-1,896,984USD

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
2020-07-01 to 2020-09-3027,297,960shares92
2020-01-01 to 2020-09-3027,297,960shares274
2019-07-01 to 2019-09-3027,297,960shares92
2019-01-01 to 2019-09-3027,297,960shares273

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
2020-07-01 to 2020-09-3027,347,960shares92
2020-01-01 to 2020-09-3027,322,960shares274
2019-07-01 to 2019-09-3027,347,960shares92
2019-01-01 to 2019-09-3027,322,960shares273

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
2020-07-01 to 2020-09-30-0.01USD/shares92
2020-01-01 to 2020-09-30-0.02USD/shares274
2019-07-01 to 2019-09-30-0.01USD/shares92
2019-01-01 to 2019-09-300USD/shares273

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
2020-07-01 to 2020-09-30-0.01USD/shares92
2020-01-01 to 2020-09-30-0.02USD/shares274
2019-07-01 to 2019-09-30-0.01USD/shares92
2019-01-01 to 2019-09-300USD/shares273

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
2020-07-01 to 2020-09-30803USD92
2020-01-01 to 2020-09-301,609USD274

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 2020-09-3037,824USD
At 2019-12-3148,681USD

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
2020-07-01 to 2020-09-30-93,033USD92
2020-01-01 to 2020-09-30-200,291USD274
2019-07-01 to 2019-09-30-229,389USD92
2019-01-01 to 2019-09-30-361,356USD273

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 2020-09-301,015,077USD
At 2019-12-31818,830USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2020-01-01 to 2020-09-30165,218USD274
2019-01-01 to 2019-09-30121,017USD273

Current liabilities

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

PeriodValueUnitDays
At 2020-09-303,839,815USD
At 2019-12-313,515,866USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2020-09-30452,894USD
At 2019-12-31477,824USD

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 2020-09-30531,861USD
At 2019-12-31602,155USD

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
2020-07-01 to 2020-09-30179,854USD92
2020-01-01 to 2020-09-30539,748USD274
2019-07-01 to 2019-09-30288,908USD92
2019-01-01 to 2019-09-30468,766USD273

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
2020-07-01 to 2020-09-3086,821USD92
2020-01-01 to 2020-09-30339,457USD274
2019-07-01 to 2019-09-3059,519USD92
2019-01-01 to 2019-09-30107,410USD273

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
2020-07-01 to 2020-09-30131,037USD92
2020-01-01 to 2020-09-30399,720USD274
2019-07-01 to 2019-09-30162,799USD92
2019-01-01 to 2019-09-30253,266USD273

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 2020-09-3027,297,960shares
At 2019-12-3127,297,960shares

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 2020-09-3012,623USD
At 2019-12-3112,623USD

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 2020-09-30-14,715USD
At 2019-12-3121,244USD

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 2020-09-30461,175USD
At 2019-12-31537,268USD

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 2020-09-30486,825USD

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 2020-09-30266,283USD
At 2019-12-31210,710USD

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 2020-09-30630,551USD
At 2019-12-31650,621USD

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 2020-09-30592,727USD
At 2019-12-31601,940USD

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 2020-09-30452,894USD
At 2019-12-31477,824USD

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 2020-09-30276,855USD
At 2019-12-31207,581USD

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
2020-07-01 to 2020-09-30-175,025USD92
2020-01-01 to 2020-09-30-437,453USD274
2019-07-01 to 2019-09-30-248,768USD92
2019-01-01 to 2019-09-30-62,305USD273

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2020-07-01 to 2020-09-30-174,180USD92
2020-01-01 to 2020-09-30-475,021USD274
2019-07-01 to 2019-09-30-266,346USD92
2019-01-01 to 2019-09-30-64,381USD273

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
2020-07-01 to 2020-09-3027,954USD92
2020-01-01 to 2020-09-3089,373USD274
2019-07-01 to 2019-09-3028,496USD92
2019-01-01 to 2019-09-3074,683USD273

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
2020-01-01 to 2020-09-3011,354USD274
2019-01-01 to 2019-09-3012,116USD273

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
2020-01-01 to 2020-09-3024,930USD274
2019-01-01 to 2019-09-3012,629USD273

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
2020-07-01 to 2020-09-30-81,992USD92
2020-01-01 to 2020-09-30-237,162USD274
2019-07-01 to 2019-09-30-19,379USD92
2019-01-01 to 2019-09-30299,051USD273

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
2020-01-01 to 2020-09-3081,798USD274
2019-01-01 to 2019-09-3013,177USD273

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2020-01-01 to 2020-09-301,609USD274

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
2020-01-01 to 2020-09-30-49,074USD274
2019-01-01 to 2019-09-3057,728USD273

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

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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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"])))