Titan International Balance Sheet Health
Financial Health criteria checks 5/6
Titan International has a total shareholder equity of $467.4M and total debt of $426.1M, which brings its debt-to-equity ratio to 91.2%. Its total assets and total liabilities are $1.3B and $821.8M respectively. Titan International's EBIT is $148.2M making its interest coverage ratio 7.9. It has cash and short-term investments of $221.6M.
Key information
91.2%
Debt to equity ratio
US$426.09m
Debt
Interest coverage ratio | 7.9x |
Cash | US$221.59m |
Equity | US$467.42m |
Total liabilities | US$821.83m |
Total assets | US$1.29b |
Recent financial health updates
Titan International (NYSE:TWI) Takes On Some Risk With Its Use Of Debt
Dec 15Is 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 26Is Titan International (NYSE:TWI) A Risky Investment?
Nov 05Titan International (NYSE:TWI) Takes On Some Risk With Its Use Of Debt
Jun 04Recent updates
Titan 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 31Titan International: An Interesting Bet On Agribusiness' Prospects
Feb 24Is Titan International (NYSE:TWI) A Risky Investment?
Nov 05Titan International (NYSE:TWI) Takes On Some Risk With Its Use Of Debt
Jun 04Estimating The Fair Value Of Titan International, Inc. (NYSE:TWI)
May 09Titan EPS beats by $0.16, beats on revenue
May 06Announcing: Titan International (NYSE:TWI) Stock Increased An Energizing 230% In The Last Year
Feb 16Titan International: Market Sees More Demand In The Future
Jan 31Financial Position Analysis
Short Term Liabilities: TWI's short term assets ($876.8M) exceed its short term liabilities ($372.4M).
Long Term Liabilities: TWI's short term assets ($876.8M) exceed its long term liabilities ($449.5M).
Debt to Equity History and Analysis
Debt Level: TWI's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: TWI's debt to equity ratio has reduced from 117.6% to 91.2% over the past 5 years.
Debt Coverage: TWI's debt is well covered by operating cash flow (42.1%).
Interest Coverage: TWI's interest payments on its debt are well covered by EBIT (7.9x coverage).