Titan International Financials

TWI Stock  USD 7.37  0.12  1.66%   
Based on the analysis of Titan International's profitability, liquidity, and operating efficiency, Titan International is performing exceptionally good at this time. It has a great odds to report excellent financial results in December. As of now, Titan International's Non Currrent Assets Other are decreasing as compared to previous years. The Titan International's current Cash And Short Term Investments is estimated to increase to about 231.3 M, while Total Assets are projected to decrease to under 903 M. Key indicators impacting Titan International's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.80.9123
Way Up
Pretty Stable
Current Ratio3.152.3546
Significantly Up
Pretty Stable
The essential information of the day-to-day investment outlook for Titan International includes many different criteria found on its balance sheet. An individual investor should monitor Titan International's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Titan International.

Cash And Equivalents

93.14 Million

  
Understanding current and past Titan International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Titan International's financial statements are interrelated, with each one affecting the others. For example, an increase in Titan International's assets may result in an increase in income on the income statement.

Titan International Stock Summary

Titan International competes with Shyft, Manitowoc, Terex, Alamo, and Hyster Yale. Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent States region, the Middle East, Africa, Russia, and internationally. Titan International, Inc. was founded in 1890 and is headquartered in Quincy, Illinois. Titan International operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. It employs 7500 people.
Specialization
Industrials, Farm & Heavy Construction Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS88830M1027
CUSIP88830M102 888328101
LocationIllinois; U.S.A
Business Address1525 Kautz Road,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.titan-intl.com
Phone630 377 0486
CurrencyUSD - US Dollar

Titan International Key Financial Ratios

Titan International Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.0B1.2B1.3B1.3B903.0M
Other Current Liab100.9M100.7M111.1M113.2M115.5M71.2M
Net Debt437.8M347.3M386.8M286.0M217.0M262.0M
Retained Earnings(74.3M)(135.0M)(85.4M)90.9M169.6M178.1M
Accounts Payable158.6M167.2M278.1M263.4M201.2M105.7M
Cash66.8M117.4M98.1M159.6M220.3M231.3M
Net Receivables185.2M193.5M278.4M266.8M234.4M149.7M
Inventory333.4M293.7M392.6M397.2M365.2M219.9M
Other Current Assets58.9M43.4M44.2M86.1M57.0M46.5M
Total Liab875.3M855.6M955.5M901.5M821.8M613.6M
Total Current Assets644.3M658.6M813.3M909.6M876.8M517.3M
Short Term Debt61.3M38.7M38.7M30.9M21.9M31.4M
Intangible Assets20.6M12.8M8.2M7.1M7.3M6.9M
Other Liab62.5M67.3M52.2M34.7M39.9M59.6M
Other Assets22.6M53.4M47.3M66.2M76.2M47.2M
Long Term Debt443.3M433.6M452.5M414.8M409.2M384.0M
Treasury Stock(7.8M)(4.2M)(1.2M)(1.1M)(1.3M)(1.4M)
Common Stock6.1K6.2K6.2K6.7K6.0K5.7K
Net Tangible Assets259.9M204.3M229.3M379.6M341.7M328.0M
Capital Surpluse532.1M532.7M562.3M565.5M650.4M566.4M

Titan International Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense33.1M30.6M32.2M29.8M18.8M22.4M
Total Revenue1.4B1.3B1.8B2.2B1.8B1.1B
Gross Profit129.0M114.3M237.5M360.7M305.8M321.1M
Operating Income(18.9M)(16.6M)85.2M205.8M148.7M156.2M
Ebit(18.9M)(27.6M)83.3M232.1M128.5M135.0M
Ebitda35.5M26.0M130.3M274.0M171.0M179.5M
Cost Of Revenue1.3B1.1B1.5B1.8B1.5B944.2M
Income Before Tax(48.0M)(58.1M)51.0M202.4M109.7M115.2M
Net Income(51.5M)(65.1M)49.6M176.3M78.8M82.7M
Income Tax Expense3.5M6.9M1.1M23.2M26.0M27.3M
Research Development9.9M9.0M10.1M10.4M12.5M7.2M
Non Recurring10.1M9.9M9.7M10.5M9.4M11.4M
Minority Interest3.1M4.7M(305K)(2.9M)(4.6M)(4.8M)
Tax Provision3.5M6.9M1.1M23.2M12.4M9.2M
Interest Income1.1M40.9M19.4M28.0M32.2M18.3M
Net Interest Income(32.0M)(30.6M)(32.2M)(29.8M)(23.1M)(24.3M)

Titan International Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory63.7M37.7M(112.9M)(19.6M)31.6M33.2M
Change In Cash(14.9M)50.6M(19.3M)61.5M60.7M63.7M
Free Cash Flow9.0M35.5M(28.1M)113.7M118.6M124.5M
Depreciation54.4M54.7M48.0M42.7M42.4M42.7M
Other Non Cash Items(8.3M)21.7M7.8M15.0M17.8M18.7M
Capital Expenditures36.4M21.7M38.8M47.0M60.8M37.2M
Net Income(51.5M)(65.1M)49.9M179.2M83.7M87.9M
End Period Cash Flow66.8M117.4M98.1M159.6M220.3M231.3M
Dividends Paid1.2M1.2M603K0.04.9M5.1M
Investments19.0M32.9M(37.6M)(36.8M)(53.7M)(51.0M)
Change Receivables(36.1M)56.8M(15.2M)(74.7M)(67.3M)(63.9M)
Net Borrowings33.3M(34.8M)15.0M(35.8M)(32.2M)(30.6M)
Change To Netincome(9.2M)21.2M(2.7M)(33.3M)(30.0M)(28.5M)

Titan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Titan International's current stock value. Our valuation model uses many indicators to compare Titan International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Titan International competition to find correlations between indicators driving Titan International's intrinsic value. More Info.
Titan International is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Titan International's Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Titan International's earnings, one of the primary drivers of an investment's value.

Titan International Systematic Risk

Titan International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Titan International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Titan International correlated with the market. If Beta is less than 0 Titan International generally moves in the opposite direction as compared to the market. If Titan International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Titan International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Titan International is generally in the same direction as the market. If Beta > 1 Titan International moves generally in the same direction as, but more than the movement of the benchmark.

Titan International Thematic Clasifications

Titan International is part of several thematic ideas from Iron to Farming. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Titan International Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Titan International's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Titan International growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.23)

As of now, Titan International's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Titan International November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Titan International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Titan International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Titan International based on widely used predictive technical indicators. In general, we focus on analyzing Titan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Titan International's daily price indicators and compare them against related drivers.

Complementary Tools for Titan Stock analysis

When running Titan International's price analysis, check to measure Titan International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Titan International is operating at the current time. Most of Titan International's value examination focuses on studying past and present price action to predict the probability of Titan International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan International's price. Additionally, you may evaluate how the addition of Titan International to your portfolios can decrease your overall portfolio volatility.
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