Titan Machinery Inc.

NasdaqGS:TITN Stock Report

Market Cap: US$370.9m

Titan Machinery Balance Sheet Health

Financial Health criteria checks 3/6

Titan Machinery has a total shareholder equity of $662.6M and total debt of $1.1B, which brings its debt-to-equity ratio to 171.2%. Its total assets and total liabilities are $2.1B and $1.4B respectively. Titan Machinery's EBIT is $154.2M making its interest coverage ratio 5.3. It has cash and short-term investments of $35.7M.

Key information

171.2%

Debt to equity ratio

US$1.13b

Debt

Interest coverage ratio5.3x
CashUS$35.68m
EquityUS$662.60m
Total liabilitiesUS$1.43b
Total assetsUS$2.09b

Recent financial health updates

Recent updates

Titan Machinery: Margin Pressure And Inventory Bloat Make The Stock A Cautious Buy

Jun 02

Here's Why Titan Machinery (NASDAQ:TITN) Has A Meaningful Debt Burden

May 24
Here's Why Titan Machinery (NASDAQ:TITN) Has A Meaningful Debt Burden

Analysts Have Been Trimming Their Titan Machinery Inc. (NASDAQ:TITN) Price Target After Its Latest Report

Mar 23
Analysts Have Been Trimming Their Titan Machinery Inc. (NASDAQ:TITN) Price Target After Its Latest Report

Titan Machinery: Cheap Enough

Mar 18

Titan Machinery: Market Conditions Are Looking Way Better Now (Rating Upgrade)

Jan 10

Titan Machinery's (NASDAQ:TITN) Shareholders May Want To Dig Deeper Than Statutory Profit

Dec 18
Titan Machinery's (NASDAQ:TITN) Shareholders May Want To Dig Deeper Than Statutory Profit

Is It Too Late To Consider Buying Titan Machinery Inc. (NASDAQ:TITN)?

Dec 01
Is It Too Late To Consider Buying Titan Machinery Inc. (NASDAQ:TITN)?

Here's Why We Think Titan Machinery (NASDAQ:TITN) Is Well Worth Watching

Sep 20
Here's Why We Think Titan Machinery (NASDAQ:TITN) Is Well Worth Watching

Is Titan Machinery (NASDAQ:TITN) Using Too Much Debt?

Sep 01
Is Titan Machinery (NASDAQ:TITN) Using Too Much Debt?

Should You Investigate Titan Machinery Inc. (NASDAQ:TITN) At US$31.95?

Jul 15
Should You Investigate Titan Machinery Inc. (NASDAQ:TITN) At US$31.95?

Here's Why We Think Titan Machinery (NASDAQ:TITN) Is Well Worth Watching

Jun 08
Here's Why We Think Titan Machinery (NASDAQ:TITN) Is Well Worth Watching

Titan Machinery (NASDAQ:TITN) Seems To Use Debt Quite Sensibly

May 12
Titan Machinery (NASDAQ:TITN) Seems To Use Debt Quite Sensibly

Are Investors Undervaluing Titan Machinery Inc. (NASDAQ:TITN) By 48%?

Apr 14
Are Investors Undervaluing Titan Machinery Inc. (NASDAQ:TITN) By 48%?

At US$41.98, Is Titan Machinery Inc. (NASDAQ:TITN) Worth Looking At Closely?

Mar 15
At US$41.98, Is Titan Machinery Inc. (NASDAQ:TITN) Worth Looking At Closely?

Here's Why We Think Titan Machinery (NASDAQ:TITN) Might Deserve Your Attention Today

Jan 26
Here's Why We Think Titan Machinery (NASDAQ:TITN) Might Deserve Your Attention Today

Is Titan Machinery (NASDAQ:TITN) Using Too Much Debt?

Jan 11
Is Titan Machinery (NASDAQ:TITN) Using Too Much Debt?

Is Titan Machinery Inc. (NASDAQ:TITN) Potentially Undervalued?

Dec 01
Is Titan Machinery Inc. (NASDAQ:TITN) Potentially Undervalued?

Titan Machinery: I Was Wrong

Oct 12

We Ran A Stock Scan For Earnings Growth And Titan Machinery (NASDAQ:TITN) Passed With Ease

Oct 04
We Ran A Stock Scan For Earnings Growth And Titan Machinery (NASDAQ:TITN) Passed With Ease

Titan Machinery names CNH Industrial's exec as new CFO

Sep 30

Titan Machinery Q2 2023 Earnings Preview

Aug 24

Estimating The Fair Value Of Titan Machinery Inc. (NASDAQ:TITN)

Jul 30
Estimating The Fair Value Of Titan Machinery Inc. (NASDAQ:TITN)

Titan Machinery: Adding At A Good Point In The Cycle

Jul 20

Titan Machinery agrees to acquire Heartland Ag Systems for $110M; raises FY23 EPS guidance

Jul 11

Do Titan Machinery's (NASDAQ:TITN) Earnings Warrant Your Attention?

Jun 14
Do Titan Machinery's (NASDAQ:TITN) Earnings Warrant Your Attention?

Titan Machinery (NASDAQ:TITN) Is Doing The Right Things To Multiply Its Share Price

May 27
Titan Machinery (NASDAQ:TITN) Is Doing The Right Things To Multiply Its Share Price

Is It Too Late To Consider Buying Titan Machinery Inc. (NASDAQ:TITN)?

May 12
Is It Too Late To Consider Buying Titan Machinery Inc. (NASDAQ:TITN)?

Titan Machinery (NASDAQ:TITN) Seems To Use Debt Rather Sparingly

Apr 29
Titan Machinery (NASDAQ:TITN) Seems To Use Debt Rather Sparingly

Titan Machinery Inc.'s (NASDAQ:TITN) Intrinsic Value Is Potentially 65% Above Its Share Price

Apr 06
Titan Machinery Inc.'s (NASDAQ:TITN) Intrinsic Value Is Potentially 65% Above Its Share Price

Titan Machinery: An Interesting Play On Equipment Needs

Feb 04

At US$30.62, Is Titan Machinery Inc. (NASDAQ:TITN) Worth Looking At Closely?

Jan 25
At US$30.62, Is Titan Machinery Inc. (NASDAQ:TITN) Worth Looking At Closely?

Financial Position Analysis

Short Term Liabilities: TITN's short term assets ($1.6B) exceed its short term liabilities ($1.2B).

Long Term Liabilities: TITN's short term assets ($1.6B) exceed its long term liabilities ($177.3M).


Debt to Equity History and Analysis

Debt Level: TITN's net debt to equity ratio (165.8%) is considered high.

Reducing Debt: TITN's debt to equity ratio has increased from 130.1% to 171.2% over the past 5 years.

Debt Coverage: TITN's debt is not well covered by operating cash flow (1.2%).

Interest Coverage: TITN's interest payments on its debt are well covered by EBIT (5.3x coverage).


Balance Sheet


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