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
Titan International (NYSE:TWI) Takes On Some Risk With Its Use Of Debt
Dec 15
Is Titan International (NYSE:TWI) A Risky Investment?
Mar 20Here's Why Titan International (NYSE:TWI) Has A Meaningful Debt Burden
Sep 25Titan International (NYSE:TWI) Has A Somewhat Strained Balance Sheet
Jun 26Recent updates
Titan International: The Tide Has Yet To Turn But Balance Sheet Is Resilient
Nov 19Titan International, Inc. (NYSE:TWI) Shares Could Be 25% Below Their Intrinsic Value Estimate
Oct 25What Does Titan International, Inc.'s (NYSE:TWI) Share Price Indicate?
Aug 28The Bottom Fishing Club: Titan International Near Recession-Low Valuation, What Gives?
Aug 23A Look At The Intrinsic Value Of Titan International, Inc. (NYSE:TWI)
Jul 17Earnings Working Against Titan International, Inc.'s (NYSE:TWI) Share Price Following 30% Dive
May 30Titan International: Still A Solid Opportunity Heading Into Earnings
Feb 18Titan International (NYSE:TWI) Takes On Some Risk With Its Use Of Debt
Dec 15Titan International: Market Conditions Are Improving, But It Would Be Wise To Wait
Nov 24Is Now The Time To Put Titan International (NYSE:TWI) On Your Watchlist?
Sep 26Titan International Seems Like A Good Deal Right Now
Sep 11Titan International: Shares Have Gotten Cheap Enough At Last
Jun 11Is Titan International (NYSE:TWI) A Risky Investment?
Mar 20Lacklustre Performance Is Driving Titan International, Inc.'s (NYSE:TWI) Low P/E
Mar 01Titan Q4 2022 Earnings Preview
Feb 26Does Titan International (NYSE:TWI) Deserve A Spot On Your Watchlist?
Dec 21Titan International: Looking A Bit Better Now
Dec 08Titan GAAP EPS of $0.68, revenue of $531M
Nov 07Here's Why Titan International (NYSE:TWI) Has A Meaningful Debt Burden
Sep 25Titan International: An Underrated 'New Normal' Buy Opportunity
Sep 20Titan International: This Company Is Experiencing Strong Industrial Demand
Aug 14Titan Non-GAAP EPS of $0.79 beats by $0.13, revenue of $573M misses by $9.09M
Aug 01Titan International (NYSE:TWI) Has A Somewhat Strained Balance Sheet
Jun 26Titan International: Beware The Idea That This Is A New Normal
May 31Financial Position Analysis
Short Term Liabilities: TWI's short term assets ($1.0B) exceed its short term liabilities ($431.3M).
Long Term Liabilities: TWI's short term assets ($1.0B) exceed its long term liabilities ($657.4M).
Debt to Equity History and Analysis
Debt Level: TWI's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: TWI'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 TWI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TWI 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.