Titan International Inc financial data

Symbol
TWI on NYSE
Industry
Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Location
2701 Spruce St, Quincy, IL
State of incorporation
IL
Fiscal year end
December 31
Former names
TITAN WHEEL INTERNATIONAL INC (to 3/24/1997)
Latest financial report
10-Q - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 236 % +13.7%
Quick Ratio 99.9 % +13.3%
Debt-to-equity 185 % -19.7%
Return On Equity 5.23 % -86%
Return On Assets 1.84 % -83.8%
Operating Margin 5.26 % -43.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 72.2M shares +15%
Common Stock, Shares, Outstanding 72.2M shares +15.1%
Entity Public Float 720M USD -24.1%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 72.7M shares +15.6%
Weighted Average Number of Shares Outstanding, Diluted 73.1M shares +15.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.81B USD -12.7%
Research and Development Expense 14.2M USD +23.5%
Operating Income (Loss) 95.1M USD -50.6%
Nonoperating Income (Expense) 0 USD -100%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 18.9M USD -54.3%
Income Tax Expense (Benefit) 27.6M USD +44.2%
Net Income (Loss) Attributable to Parent 28.1M USD -80.9%
Earnings Per Share, Basic 0.44 USD/shares -81.3%
Earnings Per Share, Diluted 0.44 USD/shares -81%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 224M USD
Accounts Receivable, after Allowance for Credit Loss, Current 317M USD +12.8%
Inventory, Net 465M USD +22.8%
Other Assets, Current 7.02M USD +445%
Assets, Current 1.09B USD +16.9%
Deferred Income Tax Assets, Net 16.4M USD -38.6%
Property, Plant and Equipment, Net 448M USD +45.6%
Operating Lease, Right-of-Use Asset 105M USD +1402%
Intangible Assets, Net (Excluding Goodwill) 16.5M USD
Goodwill 12.9M USD
Other Assets, Noncurrent 59.2M USD +30.4%
Assets 1.73B USD +32.9%
Accounts Payable, Current 257M USD +10.9%
Employee-related Liabilities, Current 56.4M USD +13.5%
Contract with Customer, Liability, Current 19M USD +8.93%
Liabilities, Current 454M USD +12.7%
Long-term Debt and Lease Obligation 536M USD +30.2%
Accrued Income Taxes, Noncurrent 35K USD -18.6%
Deferred Income Tax Liabilities, Net 4.56M USD +37.8%
Operating Lease, Liability, Noncurrent 93.7M USD +3259%
Other Liabilities, Noncurrent 32M USD -11%
Liabilities 1.12B USD +31.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -252M USD -4.21%
Retained Earnings (Accumulated Deficit) 181M USD +18.4%
Stockholders' Equity Attributable to Parent 609M USD +35.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 614M USD +36.1%
Liabilities and Equity 1.73B USD +32.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.01M USD -91.7%
Net Cash Provided by (Used in) Financing Activities 146M USD
Net Cash Provided by (Used in) Investing Activities -159M USD -1288%
Common Stock, Shares Authorized 120M shares 0%
Common Stock, Shares, Issued 78.4M shares +17.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -16.6M USD -466%
Interest Paid, Excluding Capitalized Interest, Operating Activities 843K USD -2.32%
Deferred Tax Assets, Valuation Allowance 120M USD -1.26%
Deferred Tax Assets, Gross 179M USD +1.67%
Operating Lease, Liability 105M USD +1482%
Depreciation 14.3M USD +37.5%
Payments to Acquire Property, Plant, and Equipment 16.6M USD +42%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 17.9M USD -88.1%
Lessee, Operating Lease, Liability, to be Paid 208M USD +2767%
Property, Plant and Equipment, Gross 1.2B USD +15.7%
Operating Lease, Liability, Current 11M USD +188%
Lessee, Operating Lease, Liability, to be Paid, Year Two 16.7M USD +1535%
Lessee, Operating Lease, Liability, to be Paid, Year One 17.8M USD +523%
Deferred Income Tax Expense (Benefit) 3.49M USD -14.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 104M USD +15887%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14M USD +3937%
Deferred Tax Assets, Operating Loss Carryforwards 115M USD -1.96%
Unrecognized Tax Benefits 23K USD -23.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 12.6M USD +4751%
Operating Lease, Payments 3.9M USD +117%
Amortization of Intangible Assets 900K USD +800%
Depreciation, Depletion and Amortization 12M USD +10.8%
Interest Expense 19.2M USD -27.3%