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Market Cap

US$4.4m

Last Updated

2021/05/15 22:06 UTC

Data Sources

Company Financials

Executive Summary

Taronis Technologies, Inc., a technology-based company, focuses on addressing the constraints on natural resources primarily in the United States. More Details


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

How has Taronis Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TRNX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: TRNX's weekly volatility has decreased from 23% to 11% over the past year.


Market Performance


7 Day Return

-1.3%

TRNX

-0.5%

US Chemicals

-1.7%

US Market


1 Year Return

-77.8%

TRNX

68.3%

US Chemicals

50.8%

US Market

Return vs Industry: TRNX underperformed the US Chemicals industry which returned 68.3% over the past year.

Return vs Market: TRNX underperformed the US Market which returned 50.5% over the past year.


Shareholder returns

TRNXIndustryMarket
7 Day-1.3%-0.5%-1.7%
30 Day-23.0%5.6%-1.2%
90 Day-60.6%13.5%0.4%
1 Year-77.8%-77.8%71.8%68.3%53.3%50.8%
3 Year-100.0%-100.0%48.3%26.1%61.5%51.4%
5 Year-100.0%-100.0%113.1%71.3%125.9%100.7%

Long-Term Price Volatility Vs. Market

How volatile is Taronis Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Taronis Technologies undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Taronis Technologies is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Taronis Technologies has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Taronis Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Taronis Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Taronis Technologies performed over the past 5 years?

3.3%

Historical Materials annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if TRNX has high quality earnings.

Growing Profit Margin: Insufficient data to determine if TRNX's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if TRNX's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare TRNX's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if TRNX's earnings growth over the past year exceeded the Chemicals industry average.


Return on Equity

High ROE: TRNX has a negative Return on Equity (0%), as it is currently unprofitable.


Financial Health

How is Taronis Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: Insufficient data to determine if TRNX's short term assets cover its short term liabilities.

Long Term Liabilities: Insufficient data to determine if TRNX's short term assets cover its long term liabilities.


Debt to Equity History and Analysis

Debt Level: Insufficient data to calculate TRNX's debt to equity ratio to determine if it is satisfactory.

Reducing Debt: Insufficient data to determine if TRNX's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if TRNX's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if TRNX's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Taronis Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TRNX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TRNX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TRNX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TRNX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TRNX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Scott Mahoney (45 yo)

2.5yrs

Tenure

US$283,452

Compensation

Mr. Scott Mahoney, CFA, had been a Director of Taronis Fuels, Inc since April 9, 2019 until April 2, 2021 and served as its Chief Executive Officer, and President until April 2, 2021 and also served as its...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Scott's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.


Leadership Team

Experienced Management: TRNX's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: TRNX's board of directors are considered experienced (7.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Taronis Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Taronis Technologies, Inc.
  • Ticker: TRNX
  • Exchange: OTCPK
  • Founded: 2005
  • Industry: Industrial Gases
  • Sector: Materials
  • Market Cap: US$4.389m
  • Shares outstanding: 190.00m
  • Website: https://www.taronistech.com

Number of Employees


Location

  • Taronis Technologies, Inc.
  • 24980 North 83rd Avenue
  • Suite 100
  • Peoria
  • Arizona
  • 85383
  • United States

Listings


Biography

Taronis Technologies, Inc., a technology-based company, focuses on addressing the constraints on natural resources primarily in the United States. The company offers MagneGas, a hydrogen-based synthetic fu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 22:06
End of Day Share Price2021/05/14 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.