Titan International Balance Sheet Health
Financial Health criteria checks 5/6
Titan International has a total shareholder equity of $598.1M and total debt of $518.5M, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are $1.7B and $1.1B respectively. Titan International's EBIT is $89.3M making its interest coverage ratio 4.2. It has cash and short-term investments of $227.3M.
Key information
86.7%
Debt to equity ratio
US$518.45m
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$227.29m |
| Equity | US$598.05m |
| Total liabilities | US$1.09b |
| Total assets | US$1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TZ4's short term assets ($1.0B) exceed its short term liabilities ($431.3M).
Long Term Liabilities: TZ4's short term assets ($1.0B) exceed its long term liabilities ($657.4M).
Debt to Equity History and Analysis
Debt Level: TZ4's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: TZ4's debt to equity ratio has reduced from 191.9% to 86.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TZ4 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TZ4 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.7% per year.