Titan Short Long Term Debt Total vs Total Assets 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 Short Long Term Debt Total and its Total Assets 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.
Short Long Term Debt Total vs Total Assets
Short Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan International Short Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Titan International's Short Long Term Debt Total and Total Assets is 0.93. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Assets 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 Short Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Titan International are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt Total i.e., Titan International's Short Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Short Long Term Debt Total
Total Assets
Total assets refers to the total amount of Titan International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Titan International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Expense | 32.2M | 29.8M | 18.8M | 22.4M | Depreciation And Amortization | 47M | 41.9M | 42.4M | 42.6M |
Titan International fundamental ratios Correlations
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Titan International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titan International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.0B | 1.2B | 1.3B | 1.3B | 903.0M | |
Short Long Term Debt Total | 504.6M | 464.7M | 485.0M | 449.1M | 437.3M | 352.8M | |
Other Current Liab | 100.9M | 100.7M | 111.1M | 113.2M | 115.5M | 71.2M | |
Total Current Liabilities | 327.2M | 329.7M | 450.8M | 446.2M | 372.4M | 210.0M | |
Total Stockholder Equity | 234.9M | 179.3M | 229.3M | 381.2M | 467.1M | 287.1M | |
Property Plant And Equipment Net | 398.7M | 344.2M | 322.1M | 305.5M | 333.6M | 299.5M | |
Net Debt | 437.8M | 347.3M | 386.8M | 286.0M | 217.0M | 262.0M | |
Retained Earnings | (74.3M) | (135.0M) | (85.4M) | 90.9M | 169.6M | 178.1M | |
Accounts Payable | 158.6M | 167.2M | 278.1M | 263.4M | 201.2M | 105.7M | |
Cash | 66.8M | 117.4M | 98.1M | 159.6M | 220.3M | 231.3M | |
Non Current Assets Total | 470.0M | 373.3M | 369.4M | 375.0M | 412.5M | 385.7M | |
Non Currrent Assets Other | 9.5M | 8.1M | 15.8M | 16.7M | 26.4M | 31.6M | |
Cash And Short Term Investments | 66.8M | 117.4M | 98.1M | 159.6M | 220.3M | 231.3M | |
Net Receivables | 185.2M | 193.5M | 278.4M | 266.8M | 234.4M | 149.7M | |
Common Stock Shares Outstanding | 60.1M | 60.8M | 62.7M | 63.7M | 63.0M | 44.3M | |
Liabilities And Stockholders Equity | 1.1B | 1.0B | 1.2B | 1.3B | 1.3B | 901.1M | |
Non Current Liabilities Total | 548.2M | 525.9M | 504.7M | 455.3M | 449.5M | 403.6M | |
Inventory | 333.4M | 293.7M | 392.6M | 397.2M | 365.2M | 219.9M | |
Other Current Assets | 58.9M | 43.4M | 44.2M | 86.1M | 57.0M | 46.5M | |
Other Stockholder Equity | 527.8M | 531.5M | 561.2M | 542.1M | 516.5M | 316.6M | |
Total Liab | 875.3M | 855.6M | 955.5M | 901.5M | 821.8M | 613.6M | |
Property Plant And Equipment Gross | 398.7M | 344.2M | 322.1M | 305.5M | 1.1B | 1.1B | |
Total Current Assets | 644.3M | 658.6M | 813.3M | 909.6M | 876.8M | 517.3M | |
Accumulated Other Comprehensive Income | (218.7M) | (217.3M) | (246.5M) | (251.8M) | (219.0M) | (208.1M) | |
Short Term Debt | 61.3M | 38.7M | 38.7M | 30.9M | 21.9M | 31.4M | |
Intangible Assets | 20.6M | 12.8M | 8.2M | 7.1M | 7.3M | 6.9M | |
Other Liab | 62.5M | 67.3M | 52.2M | 34.7M | 39.9M | 59.6M | |
Other Assets | 22.6M | 53.4M | 47.3M | 66.2M | 76.2M | 47.2M | |
Long Term Debt | 443.3M | 433.6M | 452.5M | 414.8M | 409.2M | 384.0M | |
Treasury Stock | (7.8M) | (4.2M) | (1.2M) | (1.1M) | (1.3M) | (1.4M) | |
Common Stock | 6.1K | 6.2K | 6.2K | 6.7K | 6.0K | 5.7K | |
Property Plant Equipment | 374.8M | 319.9M | 322.1M | 305.5M | 351.4M | 344.3M | |
Net Tangible Assets | 259.9M | 204.3M | 229.3M | 379.6M | 341.7M | 328.0M | |
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 Investments | 578K | 651K | 1.3M | 1.4M | 1.3M | 1.3M | |
Capital Surpluse | 532.1M | 532.7M | 562.3M | 565.5M | 650.4M | 566.4M | |
Deferred Long Term Liab | 267K | 264K | 141K | 333K | 237.6K | 225.7K | |
Non Current Liabilities Other | 73.1M | 63.4M | 48.3M | 20.8M | 6.7M | 6.3M |
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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.