ToughBuilt Industries, Inc. (TBLT) financial statements (2021 and earlier)

Company profile

Business Address 25371 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
State of Incorp. NV
Fiscal Year End December 31
SIC 342 - Cutlery, Handtools, And General Hardware (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments205
Cash and cash equivalents205
Receivables1123
Inventory, net of allowances, customer advances and progress billings920
Inventory920
Prepaid expense100
Other undisclosed current assets14 
Total current assets:2499
Noncurrent Assets
Property, plant and equipment310
Other noncurrent assets00 
Other undisclosed noncurrent assets  0
Total noncurrent assets:310
TOTAL ASSETS:27109
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities833
Accounts payable732
Accrued liabilities101
Employee-related liabilities  0
Debt141
Derivative instruments and hedges, liabilities  24
Other liabilities  0
Total current liabilities:8728
Noncurrent Liabilities
Total liabilities:8728
Stockholders' equity
Stockholders' equity attributable to parent, including:193(19)
Common stock000
Additional paid in capital804220
Accumulated deficit(61)(43)(39)
Other undisclosed stockholders' equity attributable to parent 5 
Total stockholders' equity:193(19)
TOTAL LIABILITIES AND EQUITY:27109

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues391915
Cost of revenue
(Cost of Goods and Services Sold)
(28)(13)(12)
Gross profit:1263
Operating expenses(26)(14)(10)
Operating loss:(14)(9)(6)
Nonoperating income (expense)(3)4(7)
Investment income, nonoperating  14
Other nonoperating income (expense)(3)4(21)
Interest and debt expense(1)(1)(0)
Loss from continuing operations before equity method investments, income taxes:(18)(5)(13)
Other undisclosed income (loss) from continuing operations before income taxes 1(14)
Net loss:(18)(4)(28)
Other undisclosed net income attributable to parent1  
Net loss attributable to parent:(17)(4)(28)
Other undisclosed net loss available to common stockholders, basic(1) (5)
Net loss available to common stockholders, diluted:(19)(4)(32)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net loss:(18)(4)(28)
Comprehensive loss, net of tax, attributable to parent:(18)(4)(28)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: