Plastic2Oil, Inc. company info

CIK 1381105
IRS Number 204924000
State of incorporation NV
Business address 20 IROQUOIS ST
None
NIAGARA FALLS
NY
14303
Mail address 20 IROQUOIS ST
None
NIAGARA FALLS
NY
14303

Short summary

Plastic2Oil, Inc. is a New York company, with head office located at 20 Iroquois St Niagara Falls, New York 14303. In 2017 the company owned a total of 1.52 million USD worth of assets, including 73.30 thousand USD worth of current assets. 2011 was the year when the company amassed the most assets.

Plastic2Oil, Inc. Income Statement

Name [in Millions USD]200920102011201220132014201520162017Trends
Revenue, Net 6.172.58
Gross Profit 0.560.07-0.08-0.06-0.040.010.01
Selling, General and Administrative Expense 9.8613.7911.655.321.220.890.660.63
Research and development 0.761.450.450.470.020.00
Operating Expenses 12.8015.5712.9211.036.233.321.841.56
Operating Income (Loss) -9.41-14.63-13.52-11.09-6.27-3.31-1.83-1.56
Interest expense 0.100.380.580.740.93
Other Nonoperating Income (Expense) -0.01-0.000.00-0.78
Income Tax Expense (Benefit) 0
Net income -14.34-18.26-13.32-13.23-6.80-4.32-5.70-1.47

Plastic2Oil, Inc. Balance Sheet

Name [in Millions USD]200920102011201220132014201520162017Trends
Cash and cash equivalents 1.954.096.431.080.060.050.000.150.02
Accounts Receivable, Net, Current 0.590.220.060.01
Inventories 0.290.030.490.130.09
Property, Plant and Equipment, Gross 7.040.110.117.286.611.621.44
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.921.69-0.012.503.181.95
Intangible Assets, Net (Excluding Goodwill) 00
Other Assets, Noncurrent 0.000.83
Total assets 9.3814.3812.489.576.605.082.281.52
Current assets 6.497.431.970.400.340.170.650.07
Accounts payable 1.501.031.891.861.841.881.981.86
Total current liabilities 2.752.072.883.125.276.486.8411.98
Long-term Debt, Excluding Current Maturities 0.330.30
Long-term Debt 0.330.332.560.350.630.12
Other Accrued Liabilities, Noncurrent 0.350.240.22
Total liabilities 3.082.413.216.319.6711.4113.2514.64
Common Stock, Value, Issued 0.060.090.090.110.110.120.120.12
Retained Earnings (Accumulated Deficit) -25.55-41.43-53.64-63.89-70.01-73.53-78.30-80.52
Accumulated Other Comprehensive Income (Loss), Net of Tax 0.170.110.050.08

Plastic2Oil, Inc. Cash Flow

Name [in Millions USD]200920102011201220132014201520162017Trends
Net income -14.34-18.26-13.32-13.23-6.80-4.32-5.70-1.47
Depreciation 0.180.340.630.980.730.580.19
Amortization of Intangible Assets 0.110.03
Depreciation and amortization 0.980.860.730.770.39
Depreciation and amortization 0.730.58
Deferred Income Tax Expense (Benefit)
Accounts receivable -0.34-0.58-0.01-0.15-0.05-0.000.02-0.02
Inventories -0.340.120.190.18-0.06
Accounts payable -0.580.370.06-0.09-0.17
Net Cash Provided by (Used in) Operating Activities -4.99-6.98-10.05-7.61-1.71-1.75-0.83-0.18
Payments to Acquire Property, Plant, and Equipment 1.072.883.122.580.01
Net Cash Provided by (Used in) Investing Activities -1.62-2.61-4.04-3.23-0.01-0.00-0.00-0.00
Proceeds from Issuance of Long-term Debt 310.10
Proceeds from Issuance of Common Stock 0.070.670.03
Net Cash Provided by (Used in) Financing Activities 4.4511.2615.557.071.701.581.080.09
Cash and Cash Equivalents, Period Increase (Decrease) 0.701.791.45-3.76-0.02-0.160.25-0.10