Titan Common Stock vs Accounts Payable Analysis

TWI Stock  USD 6.95  0.04  0.58%   
Titan International financial indicator trend analysis is much more than just breaking down Titan International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan International is a good investment. Please check the relationship between Titan International Common Stock and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan International Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Titan International's Common Stock and Accounts Payable is -0.58. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Titan International, assuming nothing else is changed. The correlation between historical values of Titan International's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Titan International are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., Titan International's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Titan International obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Titan International are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Titan International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.The Titan International's current Enterprise Value is estimated to increase to about 1 B, while Selling General Administrative is projected to decrease to under 69.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense32.2M29.8M18.8M22.4M
Depreciation And Amortization47M41.9M42.4M42.6M

Titan International fundamental ratios Correlations

0.930.960.80.860.940.740.390.610.640.930.470.630.860.240.880.840.90.880.910.360.960.580.740.65-0.02
0.930.950.840.650.90.90.140.650.530.860.260.550.820.270.940.850.790.930.970.290.910.620.690.68-0.08
0.960.950.850.710.880.760.20.680.590.850.320.610.850.330.920.850.840.920.960.290.950.530.650.66-0.05
0.80.840.850.490.620.780.020.920.340.57-0.020.350.930.580.710.940.650.890.90.180.910.580.330.32-0.16
0.860.650.710.490.830.370.740.280.680.870.740.650.650.050.570.540.830.60.570.450.770.460.690.480.16
0.940.90.880.620.830.740.360.360.580.990.540.590.680.040.890.660.860.780.840.30.820.630.880.79-0.1
0.740.90.760.780.370.74-0.160.640.190.690.040.220.710.280.850.780.590.830.880.10.710.650.630.58-0.39
0.390.140.20.020.740.36-0.16-0.120.730.440.630.690.17-0.370.040.070.450.030.040.650.320.160.210.110.4
0.610.650.680.920.280.360.64-0.120.20.31-0.180.180.860.70.530.920.470.80.760.110.790.260.080.04-0.16
0.640.530.590.340.680.580.190.730.20.610.490.980.43-0.280.490.380.570.430.460.790.60.180.270.430.42
0.930.860.850.570.870.990.690.440.310.610.610.620.65-0.020.860.620.870.730.790.330.80.610.890.79-0.06
0.470.260.32-0.020.740.540.040.63-0.180.490.610.460.27-0.30.290.050.50.210.170.260.320.120.610.460.31
0.630.550.610.350.650.590.220.690.180.980.620.460.4-0.30.520.350.60.420.480.760.580.250.290.470.38
0.860.820.850.930.650.680.710.170.860.430.650.270.40.490.720.930.690.880.870.240.940.490.420.39-0.06
0.240.270.330.580.050.040.28-0.370.7-0.28-0.02-0.3-0.30.490.160.590.180.540.37-0.280.43-0.01-0.03-0.3-0.09
0.880.940.920.710.570.890.850.040.530.490.860.290.520.720.160.750.760.860.950.220.810.520.760.81-0.15
0.840.850.850.940.540.660.780.070.920.380.620.050.350.930.590.750.690.930.90.270.930.40.410.3-0.18
0.90.790.840.650.830.860.590.450.470.570.870.50.60.690.180.760.690.770.770.260.840.490.750.54-0.08
0.880.930.920.890.60.780.830.030.80.430.730.210.420.880.540.860.930.770.940.240.930.420.580.45-0.12
0.910.970.960.90.570.840.880.040.760.460.790.170.480.870.370.950.90.770.940.220.920.590.620.65-0.17
0.360.290.290.180.450.30.10.650.110.790.330.260.760.24-0.280.220.270.260.240.220.350.090.040.10.16
0.960.910.950.910.770.820.710.320.790.60.80.320.580.940.430.810.930.840.930.920.350.510.550.480.01
0.580.620.530.580.460.630.650.160.260.180.610.120.250.49-0.010.520.40.490.420.590.090.510.520.57-0.27
0.740.690.650.330.690.880.630.210.080.270.890.610.290.42-0.030.760.410.750.580.620.040.550.520.76-0.25
0.650.680.660.320.480.790.580.110.040.430.790.460.470.39-0.30.810.30.540.450.650.10.480.570.76-0.08
-0.02-0.08-0.05-0.160.16-0.1-0.390.4-0.160.42-0.060.310.38-0.06-0.09-0.15-0.18-0.08-0.12-0.170.160.01-0.27-0.25-0.08
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Titan International Account Relationship Matchups

Titan International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.0B1.2B1.3B1.3B903.0M
Short Long Term Debt Total504.6M464.7M485.0M449.1M437.3M352.8M
Other Current Liab100.9M100.7M111.1M113.2M115.5M71.2M
Total Current Liabilities327.2M329.7M450.8M446.2M372.4M210.0M
Total Stockholder Equity234.9M179.3M229.3M381.2M467.1M287.1M
Property Plant And Equipment Net398.7M344.2M322.1M305.5M333.6M299.5M
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
Non Current Assets Total470.0M373.3M369.4M375.0M412.5M385.7M
Non Currrent Assets Other9.5M8.1M15.8M16.7M26.4M31.6M
Cash And Short Term Investments66.8M117.4M98.1M159.6M220.3M231.3M
Net Receivables185.2M193.5M278.4M266.8M234.4M149.7M
Common Stock Shares Outstanding60.1M60.8M62.7M63.7M63.0M44.3M
Liabilities And Stockholders Equity1.1B1.0B1.2B1.3B1.3B901.1M
Non Current Liabilities Total548.2M525.9M504.7M455.3M449.5M403.6M
Inventory333.4M293.7M392.6M397.2M365.2M219.9M
Other Current Assets58.9M43.4M44.2M86.1M57.0M46.5M
Other Stockholder Equity527.8M531.5M561.2M542.1M516.5M316.6M
Total Liab875.3M855.6M955.5M901.5M821.8M613.6M
Property Plant And Equipment Gross398.7M344.2M322.1M305.5M1.1B1.1B
Total Current Assets644.3M658.6M813.3M909.6M876.8M517.3M
Accumulated Other Comprehensive Income(218.7M)(217.3M)(246.5M)(251.8M)(219.0M)(208.1M)
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
Property Plant Equipment374.8M319.9M322.1M305.5M351.4M344.3M
Net Tangible Assets259.9M204.3M229.3M379.6M341.7M328.0M
Noncontrolling Interest In Consolidated Entity(9.0M)4.1M(3.0M)(2.1M)(1.9M)(1.8M)
Retained Earnings Total Equity(29.0M)(74.3M)(135.0M)(85.4M)(76.9M)(73.1M)
Short Term Investments578K651K1.3M1.4M1.3M1.3M
Capital Surpluse532.1M532.7M562.3M565.5M650.4M566.4M
Deferred Long Term Liab267K264K141K333K237.6K225.7K
Non Current Liabilities Other73.1M63.4M48.3M20.8M6.7M6.3M

Currently Active Assets on Macroaxis

When determining whether Titan International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan International Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Agricultural & Farm Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan International. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Earnings Share
(0.14)
Revenue Per Share
27.336
Quarterly Revenue Growth
0.115
Return On Assets
0.033
The market value of Titan International is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan International's value that differs from its market value or its book value, called intrinsic value, which is Titan International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan International's market value can be influenced by many factors that don't directly affect Titan International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Titan International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.