Trutankless TKLS
OTC TKLS
$0.48 +0.00 (+0.00%)
At close: Sep 10, 2026 · 4:00 PM EDT

Trutankless (TKLS) Debt Ratio (2010 - 2026)

Trutankless (TKLS) posted Debt Ratio of 0.28 for Q2 2026, up 19.95% on a QoQ basis from 0.24 in Q1 2026, and down 42.09% year-over-year from 0.49 in Q2 2025.

Analysis

Trutankless (TKLS) Debt Ratio (2010 - 2026) Analysis & Trends

Trutankless has reported Debt Ratio for 16 years, with the latest figure at 0.28 in Q2 2026.

  • On a quarterly basis, Debt Ratio fell 42.09% year-over-year to 0.28 in Q2 2026; TTM through Jun 2026 was 0.28, a 42.09% decrease from a year earlier, with the FY2025 full-year figure at 0.49, up 43.35% from the prior year.
  • Debt Ratio was 0.28 for Q2 2026 at Trutankless, up from 0.24 in the prior quarter.
  • The five-year high for Debt Ratio was 9.49 in Q1 2023, with the low at 0.24 in Q1 2026.
  • Average Debt Ratio over 5 years is 3.75, with a median of 3.4 recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio soared 1030.86% in 2022, then tumbled 95.74% in 2024.
  • Over 5 years, Debt Ratio stood at 7.77 in 2022, then climbed by 3.68% to 8.05 in 2023, then sank by 95.74% to 0.34 in 2024, then surged by 43.35% to 0.49 in 2025, then tumbled by 42.22% to 0.28 in 2026.
  • The last three Debt Ratio figures came in at 0.28 (Q2 2026), 0.24 (Q1 2026), and 0.49 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 97.32 Bn 96.02 Bn 2.26 Bn 0.19
2 Johnson Controls International 88.44 Bn 87.84 Bn 2.47 Bn 0.26
3 Comfort Systems Usa 59.52 Bn 57.67 Bn 844.23 Mn 0.01
4 Carrier Global 47.35 Bn 46.33 Bn 1.94 Bn 0.32
5 Lennox International 12.64 Bn 12.59 Bn 539.50 Mn 0.35
6 Modine Manufacturing 9.98 Bn 9.92 Bn - 0.16
7 SPX Technologies 9.61 Bn 9.44 Bn 272.80 Mn 0.17
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn 0.17
9 Aaon 6.58 Bn 6.58 Bn 152.49 Mn 0.23
10 Trutankless 70.52 Mn 70.37 Mn 300,215.00 0.28
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.28
Mar 31, 2026 0.24
Dec 31, 2025 0.49
Sep 30, 2025 0.46
Jun 30, 2025 0.49
Mar 31, 2025 0.56
Dec 31, 2024 0.34
Sep 30, 2024 0.73
Jun 30, 2024 2.33
Mar 31, 2024 4.47
Dec 31, 2023 8.05
Sep 30, 2023 4.64
Jun 30, 2023 7.96
Mar 31, 2023 9.49
Dec 31, 2022 7.77
Sep 30, 2022 5.64
Jun 30, 2022 5.04
Mar 31, 2022 8.48
Dec 31, 2021 5.84
Sep 30, 2021 0.92