Titan Book Value per Share vs Asset Turnover Analysis

TITN Stock

USD 22.66 0.47 2.03%

Titan Machinery financial indicator trend analysis is much more than just breaking down Titan Machinery prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan Machinery is a good investment. Please check the relationship between Titan Machinery Book Value Per Share and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.

Book Value Per Share vs Asset Turnover

Book Value per Share vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Machinery Book Value per Share account and Asset Turnover. At this time, the significance of the direction appears to have weak relationship.

The correlation between Titan Machinery's Book Value per Share and Asset Turnover is 0.39. Overlapping area represents the amount of variation of Book Value per Share that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Titan Machinery, assuming nothing else is changed. The correlation between historical values of Titan Machinery's Book Value per Share and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value per Share of Titan Machinery are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Book Value per Share i.e., Titan Machinery's Book Value per Share and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.39

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from Titan Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan Machinery current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.At this time, Titan Machinery's Tax Provision is very stable compared to the past year. As of the 24th of April 2024, Enterprise Value is likely to grow to about 947.5 M, while Selling General Administrative is likely to drop about 26.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	332.7M	439.8M	510.1M	535.6M
Total Revenue	1.7B	2.2B	2.8B	2.9B

Gross Profit Total Revenue

Titan Machinery fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Net	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Good Will	Other Current Assets	Property Plant And Equipment Gross
Total Assets		0.95	0.69	0.98	0.9	0.6	0.94	0.84	0.28	-0.02	0.28	0.95	0.48	0.61	0.99	0.47	0.98	0.99	0.93	0.87	0.87	0.92	0.37	0.85	0.43	0.61
Short Long Term Debt Total	0.95		0.44	0.97	0.72	0.34	0.99	0.66	0.26	0.16	0.26	0.83	0.35	0.66	0.98	0.34	0.99	0.97	0.99	0.7	0.7	0.76	0.52	0.77	0.21	0.46
Other Current Liab	0.69	0.44		0.57	0.9	0.89	0.44	0.81	0.21	-0.44	0.21	0.77	0.52	0.24	0.58	0.52	0.56	0.61	0.41	0.92	0.86	0.89	-0.15	0.63	0.69	0.72
Total Current Liabilities	0.98	0.97	0.57		0.81	0.5	0.97	0.79	0.21	0.03	0.21	0.91	0.35	0.54	0.99	0.34	0.99	0.98	0.98	0.78	0.82	0.85	0.39	0.87	0.3	0.48
Total Stockholder Equity	0.9	0.72	0.9	0.81		0.82	0.71	0.93	0.22	-0.31	0.22	0.94	0.61	0.41	0.83	0.6	0.8	0.85	0.69	0.96	0.93	0.97	0.05	0.8	0.62	0.72
Current Deferred Revenue	0.6	0.34	0.89	0.5	0.82		0.32	0.83	0.24	-0.35	0.24	0.73	0.41	0.18	0.49	0.41	0.48	0.53	0.32	0.79	0.83	0.79	-0.11	0.64	0.81	0.66
Net Debt	0.94	0.99	0.44	0.97	0.71	0.32		0.67	0.15	0.11	0.15	0.82	0.3	0.61	0.98	0.28	0.98	0.96	0.99	0.7	0.72	0.77	0.48	0.8	0.19	0.42
Accounts Payable	0.84	0.66	0.81	0.79	0.93	0.83	0.67		0.12	-0.27	0.12	0.91	0.42	0.3	0.79	0.41	0.76	0.8	0.67	0.85	0.95	0.91	0.03	0.9	0.53	0.59
Cash	0.28	0.26	0.21	0.21	0.22	0.24	0.15	0.12		0.31	1.0	0.29	0.48	0.54	0.2	0.47	0.29	0.31	0.19	0.2	0.04	0.13	0.39	-0.06	0.19	0.32
Other Assets	-0.02	0.16	-0.44	0.03	-0.31	-0.35	0.11	-0.27	0.31		0.31	-0.12	-0.05	0.46	0.03	-0.04	0.1	0.06	0.13	-0.31	-0.35	-0.29	0.86	-0.19	-0.12	-0.08
Cash And Short Term Investments	0.28	0.26	0.21	0.21	0.22	0.24	0.15	0.12	1.0	0.31		0.29	0.48	0.54	0.2	0.47	0.29	0.31	0.19	0.2	0.04	0.13	0.39	-0.06	0.19	0.32
Net Receivables	0.95	0.83	0.77	0.91	0.94	0.73	0.82	0.91	0.29	-0.12	0.29		0.52	0.45	0.9	0.51	0.89	0.92	0.83	0.88	0.9	0.93	0.23	0.87	0.49	0.61
Common Stock Shares Outstanding	0.48	0.35	0.52	0.35	0.61	0.41	0.3	0.42	0.48	-0.05	0.48	0.52		0.52	0.41	1.0	0.4	0.47	0.29	0.57	0.3	0.46	0.08	0.11	0.57	0.78
Non Current Liabilities Total	0.61	0.66	0.24	0.54	0.41	0.18	0.61	0.3	0.54	0.46	0.54	0.45	0.52		0.6	0.52	0.65	0.64	0.56	0.47	0.29	0.42	0.75	0.25	0.36	0.65
Inventory	0.99	0.98	0.58	0.99	0.83	0.49	0.98	0.79	0.2	0.03	0.2	0.9	0.41	0.6		0.39	0.99	0.99	0.97	0.8	0.82	0.86	0.41	0.85	0.33	0.52
Other Stockholder Equity	0.47	0.34	0.52	0.34	0.6	0.41	0.28	0.41	0.47	-0.04	0.47	0.51	1.0	0.52	0.39		0.38	0.45	0.27	0.57	0.29	0.46	0.07	0.1	0.59	0.79
Total Liab	0.98	0.99	0.56	0.99	0.8	0.48	0.98	0.76	0.29	0.1	0.29	0.89	0.4	0.65	0.99	0.38		0.99	0.97	0.79	0.79	0.84	0.48	0.82	0.32	0.53
Total Current Assets	0.99	0.97	0.61	0.98	0.85	0.53	0.96	0.8	0.31	0.06	0.31	0.92	0.47	0.64	0.99	0.45	0.99		0.96	0.81	0.81	0.86	0.43	0.82	0.37	0.57
Short Term Debt	0.93	0.99	0.41	0.98	0.69	0.32	0.99	0.67	0.19	0.13	0.19	0.83	0.29	0.56	0.97	0.27	0.97	0.96		0.66	0.7	0.74	0.47	0.8	0.15	0.38
Property Plant And Equipment Net	0.87	0.7	0.92	0.78	0.96	0.79	0.7	0.85	0.2	-0.31	0.2	0.88	0.57	0.47	0.8	0.57	0.79	0.81	0.66		0.9	0.98	0.07	0.74	0.63	0.78
Retained Earnings	0.87	0.7	0.86	0.82	0.93	0.83	0.72	0.95	0.04	-0.35	0.04	0.9	0.3	0.29	0.82	0.29	0.79	0.81	0.7	0.9		0.96	0.03	0.93	0.54	0.57
Non Current Assets Total	0.92	0.76	0.89	0.85	0.97	0.79	0.77	0.91	0.13	-0.29	0.13	0.93	0.46	0.42	0.86	0.46	0.84	0.86	0.74	0.98	0.96		0.1	0.86	0.57	0.69
Non Currrent Assets Other	0.37	0.52	-0.15	0.39	0.05	-0.11	0.48	0.03	0.39	0.86	0.39	0.23	0.08	0.75	0.41	0.07	0.48	0.43	0.47	0.07	0.03	0.1		0.14	0.06	0.16
Good Will	0.85	0.77	0.63	0.87	0.8	0.64	0.8	0.9	-0.06	-0.19	-0.06	0.87	0.11	0.25	0.85	0.1	0.82	0.82	0.8	0.74	0.93	0.86	0.14		0.31	0.35
Other Current Assets	0.43	0.21	0.69	0.3	0.62	0.81	0.19	0.53	0.19	-0.12	0.19	0.49	0.57	0.36	0.33	0.59	0.32	0.37	0.15	0.63	0.54	0.57	0.06	0.31		0.79
Property Plant And Equipment Gross	0.61	0.46	0.72	0.48	0.72	0.66	0.42	0.59	0.32	-0.08	0.32	0.61	0.78	0.65	0.52	0.79	0.53	0.57	0.38	0.78	0.57	0.69	0.16	0.35	0.79

Click cells to compare fundamentals

Titan Machinery Account Relationship Matchups

Titan Machinery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	975.3M	815.8M	946.7M	1.2B	2.0B	2.1B
Short Long Term Debt Total	524.0M	296.7M	281.3M	413.9M	1.1B	1.1B
Other Current Liab	38.4M	59.8M	64.0M	62.0M	73.8M	77.5M
Total Current Liabilities	494.2M	317.5M	374.7M	498.2M	1.2B	1.2B
Total Stockholder Equity	345.1M	371.3M	435.2M	536.3M	657.6M	690.5M
Current Deferred Revenue	41.0M	59.4M	134.1M	119.8M	115.9M	110.1M
Net Debt	480.3M	217.7M	135.1M	370.0M	1.0B	1.1B
Accounts Payable	17.0M	20.0M	25.6M	40.8M	43.8M	46.0M
Cash	43.7M	79.0M	146.1M	43.9M	38.1M	68.6M
Other Assets	3.3M	4.7M	2.4M	2.4M	1.0	0.95
Cash And Short Term Investments	43.7M	79.0M	146.1M	43.9M	38.1M	68.6M
Net Receivables	72.8M	69.1M	94.3M	95.8M	153.7M	161.3M
Common Stock Shares Outstanding	22.0M	22.1M	22.2M	22.4M	22.5M	18.5M
Liabilities And Stockholders Equity	975.3M	815.8M	946.7M	1.2B	2.0B	2.1B
Non Current Liabilities Total	136.1M	127.0M	136.7M	154.2M	182.2M	117.2M
Inventory	597.4M	418.5M	421.8M	703.9M	1.3B	1.4B
Other Stockholder Equity	250.6M	252.9M	254.5M	256.5M	258.7M	196.2M
Total Liab	630.2M	444.5M	511.5M	652.4M	1.3B	1.4B
Total Current Assets	727.5M	580.2M	690.3M	869.3M	1.5B	1.6B
Short Term Debt	397.8M	178.2M	150.9M	275.5M	918.9M	964.8M
Property Plant And Equipment Net	233.8M	221.6M	234.4M	268.0M	353.5M	371.1M
Retained Earnings	97.7M	116.9M	182.9M	284.8M	397.2M	417.1M
Non Current Assets Total	247.8M	235.6M	256.3M	319.4M	473.2M	496.9M
Non Currrent Assets Other	1.2M	1.1M	1.1M	1.0M	1.8M	2.1M
Good Will	2.3M	1.4M	9.0M	30.6M	64.1M	67.3M
Other Current Assets	13.7M	13.7M	28.1M	25.6M	24.3M	12.6M
Property Plant And Equipment Gross	233.8M	221.6M	234.4M	268.0M	308.2M	154.7M
Accumulated Other Comprehensive Income	(3.2M)	1.5M	(2.2M)	(5.0M)	1.8M	1.8M
Intangible Assets	8.4M	7.8M	10.6M	18.4M	53.4M	56.0M
Other Liab	16.0M	5.8M	8.5M	6.4M	7.3M	7.6M
Long Term Debt	75.6M	44.9M	74.8M	90.0M	103.4M	95.7M
Property Plant Equipment	233.8M	221.6M	234.4M	268.0M	308.2M	163.5M
Net Tangible Assets	345.1M	362.1M	415.6M	487.3M	560.4M	395.7M
Retained Earnings Total Equity	89.2M	97.7M	116.9M	182.9M	164.6M	97.1M
Long Term Debt Total	25.8M	75.6M	44.9M	74.8M	67.3M	93.2M
Capital Surpluse	248.4M	250.6M	252.9M	254.5M	292.6M	267.0M
Deferred Long Term Liab	2.3M	5.0M	2.1M	2.0M	1.8M	1.7M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Titan Machinery in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Titan Machinery's short interest history, or implied volatility extrapolated from Titan Machinery options trading.

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When determining whether Titan Machinery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan Machinery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Titan Machinery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan Machinery Stock:

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Titan Machinery's price analysis, check to measure Titan Machinery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Titan Machinery is operating at the current time. Most of Titan Machinery's value examination focuses on studying past and present price action to predict the probability of Titan Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan Machinery's price. Additionally, you may evaluate how the addition of Titan Machinery to your portfolios can decrease your overall portfolio volatility.

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Is Titan Machinery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Titan Machinery. If investors know Titan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.326

Earnings Share

4.93

Revenue Per Share

122.636

Quarterly Revenue Growth

0.462

Return On Assets

0.0664

The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Titan Book Value per Share vs Asset Turnover Analysis

Book Value Per Share vs Asset Turnover

Book Value per Share vs Asset Turnover Correlation Analysis

Correlation Coefficient

Book Value Per Share

Asset Turnover

Titan Machinery fundamental ratios Correlations

Titan Machinery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Titan Machinery fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 1.0	Common Stock Shares Outstanding
Inventory	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total

Other Assets	- 0.44	Other Current Liab
Retained Earnings	- 0.35	Other Assets
Other Assets	- 0.35	Current Deferred Revenue
Property Plant And Equipment Net	- 0.31	Other Assets
Other Assets	- 0.31	Total Stockholder Equity
Non Current Assets Total	- 0.29	Other Assets