Trutankless (TKLS) Convertible Debt (2016 - 2026)
Trutankless (TKLS) posted Convertible Debt of $500,000 for Q2 2026, down 33.6% from $752,500 a year earlier and down 33.1% from the prior quarter.
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Analysis
Trutankless (TKLS) Convertible Debt (2016 - 2026) Analysis & Trends
At the end of FY2025, Trutankless' Convertible Debt came in at $747,500, down 1.6% from FY2024.
- Annual Convertible Debt has declined for three consecutive years, though with a five-year compound annual growth rate of 52.3% (FY2020 to FY2025).
- In prior years, Trutankless' Convertible Debt was $760,000 in FY2024 (-25.7%), $1.02 million in FY2023 (-37.2%), $1.63 million in FY2022 (+57.7%) and $1.03 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Convertible Debt since Q3 2021.
- On a year-over-year basis, Convertible Debt has declined in each of the last three quarters, with an average decline of 11.6% over the last eight quarters.
- The strongest year-over-year quarter for Convertible Debt in the past five years was Q4 2022, with growth of 57.7%; the weakest was Q3 2021, with a decline of 81.7%.
- According to Business Quant data, Convertible Debt for the three prior quarters was $747,500 (Q1 2026), $747,500 (Q4 2025) and $742,000 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 101.75 Bn | 96.47 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 89.95 Bn | 87.68 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 49.11 Bn | 44.36 Bn | 844.23 Mn |
| 4 | Carrier Global | 46.32 Bn | 40.63 Bn | 1.94 Bn |
| 5 | Otis Worldwide | 27.55 Bn | 23.97 Bn | 1.14 Bn |
| 6 | James Hardie Industries | 15.31 Bn | 14.38 Bn | 548.70 Mn |
| 7 | Masco | 14.85 Bn | 12.71 Bn | 868.00 Mn |
| 8 | Carlisle Companies | 13.55 Bn | 9.90 Bn | 568.40 Mn |
| 9 | Allegion | 13.38 Bn | 12.09 Bn | 517.50 Mn |
| 10 | Trutankless | 8.81 Mn | 8.73 Mn | 300,215.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 500,000.00 |
| Mar 31, 2026 | 747,500.00 |
| Dec 31, 2025 | 747,500.00 |
| Sep 30, 2025 | 742,000.00 |
| Jun 30, 2025 | 752,500.00 |
| Mar 31, 2025 | 760,000.00 |
| Dec 31, 2024 | 760,000.00 |
| Sep 30, 2024 | 699,000.00 |
| Jun 30, 2024 | 663,500.00 |
| Mar 31, 2024 | 738,500.00 |
| Dec 31, 2023 | 1.02 Mn |
| Sep 30, 2023 | 1.47 Mn |
| Jun 30, 2023 | 1.47 Mn |
| Mar 31, 2023 | 1.32 Mn |
| Dec 31, 2022 | 1.63 Mn |
| Sep 30, 2022 | 1.38 Mn |
| Jun 30, 2022 | 1.38 Mn |
| Mar 31, 2022 | 1.38 Mn |
| Dec 31, 2021 | 1.03 Mn |
| Sep 30, 2021 | 15,411.00 |
API Access
Trutankless Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=TKLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "TKLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=TKLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();