Titan Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

TITN Stock  USD 16.50  0.36  2.14%   
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 Common Stock Shares Outstanding and its Property Plant And Equipment Net 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 closely tied 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.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan Machinery Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Titan Machinery's Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.57. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net 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 Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Titan Machinery are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Titan Machinery's Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 closely tied 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 17th of June 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 Profit332.7M439.8M510.1M535.6M
Total Revenue1.7B2.2B2.8B2.9B

Titan Machinery fundamental ratios Correlations

0.950.690.980.90.60.940.840.28-0.020.280.950.480.610.990.470.980.990.930.870.870.92-0.610.850.430.61
0.950.440.970.720.340.990.660.260.160.260.830.350.660.980.340.990.970.990.70.70.76-0.50.770.210.46
0.690.440.570.90.890.440.810.21-0.440.210.770.520.240.580.520.560.610.410.920.860.89-0.650.630.690.72
0.980.970.570.810.50.970.790.210.030.210.910.350.540.990.340.990.980.980.780.820.85-0.630.870.30.48
0.90.720.90.810.820.710.930.22-0.310.220.940.610.410.830.60.80.850.690.960.930.97-0.680.80.620.72
0.60.340.890.50.820.320.830.24-0.350.240.730.410.180.490.410.480.530.320.790.830.79-0.530.640.810.66
0.940.990.440.970.710.320.670.150.110.150.820.30.610.980.280.980.960.990.70.720.77-0.550.80.190.42
0.840.660.810.790.930.830.670.12-0.270.120.910.420.30.790.410.760.80.670.850.950.91-0.670.90.530.59
0.280.260.210.210.220.240.150.120.311.00.290.480.540.20.470.290.310.190.20.040.130.27-0.050.190.32
-0.020.16-0.440.03-0.31-0.350.11-0.270.310.31-0.12-0.050.460.03-0.040.10.060.13-0.31-0.35-0.290.64-0.19-0.12-0.08
0.280.260.210.210.220.240.150.121.00.310.290.480.540.20.470.290.310.190.20.040.130.27-0.050.190.32
0.950.830.770.910.940.730.820.910.29-0.120.290.520.450.90.510.890.920.830.880.90.93-0.660.870.490.61
0.480.350.520.350.610.410.30.420.48-0.050.480.520.520.411.00.40.470.290.570.30.46-0.010.110.570.78
0.610.660.240.540.410.180.610.30.540.460.540.450.520.60.520.650.640.560.470.290.420.130.250.360.65
0.990.980.580.990.830.490.980.790.20.030.20.90.410.60.390.990.990.970.80.820.86-0.590.850.330.52
0.470.340.520.340.60.410.280.410.47-0.040.470.511.00.520.390.380.450.270.570.290.460.00.090.590.79
0.980.990.560.990.80.480.980.760.290.10.290.890.40.650.990.380.990.970.790.790.84-0.550.820.320.53
0.990.970.610.980.850.530.960.80.310.060.310.920.470.640.990.450.990.960.810.810.86-0.550.820.370.57
0.930.990.410.980.690.320.990.670.190.130.190.830.290.560.970.270.970.960.660.70.74-0.560.80.150.38
0.870.70.920.780.960.790.70.850.2-0.310.20.880.570.470.80.570.790.810.660.90.98-0.660.740.630.78
0.870.70.860.820.930.830.720.950.04-0.350.040.90.30.290.820.290.790.810.70.90.96-0.80.930.540.57
0.920.760.890.850.970.790.770.910.13-0.290.130.930.460.420.860.460.840.860.740.980.96-0.750.860.570.69
-0.61-0.5-0.65-0.63-0.68-0.53-0.55-0.670.270.640.27-0.66-0.010.13-0.590.0-0.55-0.55-0.56-0.66-0.8-0.75-0.79-0.18-0.21
0.850.770.630.870.80.640.80.9-0.05-0.19-0.050.870.110.250.850.090.820.820.80.740.930.86-0.790.310.36
0.430.210.690.30.620.810.190.530.19-0.120.190.490.570.360.330.590.320.370.150.630.540.57-0.180.310.79
0.610.460.720.480.720.660.420.590.32-0.080.320.610.780.650.520.790.530.570.380.780.570.69-0.210.360.79
Click cells to compare fundamentals

Titan Machinery Account Relationship Matchups

Titan Machinery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets975.3M815.8M946.7M1.2B2.0B2.1B
Short Long Term Debt Total524.0M296.7M281.3M413.9M1.1B1.1B
Other Current Liab38.4M59.8M64.0M62.0M73.8M77.5M
Total Current Liabilities494.2M317.5M374.7M498.2M1.2B1.2B
Total Stockholder Equity345.1M371.3M435.2M536.3M657.6M690.5M
Current Deferred Revenue41.0M59.4M134.1M119.8M115.9M110.1M
Net Debt480.3M217.7M135.1M370.0M1.0B1.1B
Accounts Payable17.0M20.0M25.6M40.8M43.8M46.0M
Cash43.7M79.0M146.1M43.9M38.1M68.6M
Other Assets3.3M4.7M2.4M2.4M1.00.95
Cash And Short Term Investments43.7M79.0M146.1M43.9M38.1M68.6M
Net Receivables72.8M69.1M94.3M95.8M153.7M161.3M
Common Stock Shares Outstanding22.0M22.1M22.2M22.4M22.5M18.5M
Liabilities And Stockholders Equity975.3M815.8M946.7M1.2B2.0B2.1B
Non Current Liabilities Total136.1M127.0M136.7M154.2M182.2M117.2M
Inventory597.4M418.5M421.8M703.9M1.3B1.4B
Other Stockholder Equity250.6M252.9M254.5M256.5M258.7M196.2M
Total Liab630.2M444.5M511.5M652.4M1.3B1.4B
Total Current Assets727.5M580.2M690.3M869.3M1.5B1.6B
Short Term Debt397.8M178.2M150.9M275.5M918.9M964.8M
Property Plant And Equipment Net233.8M221.6M234.4M268.0M353.5M371.1M
Retained Earnings97.7M116.9M182.9M284.8M397.2M417.1M
Non Current Assets Total247.8M235.6M256.3M319.4M473.2M496.9M
Non Currrent Assets Other1.2M1.1M1.1M1.0M(51.6M)(49.0M)
Good Will2.3M1.4M9.0M30.6M64.1M67.3M
Other Current Assets13.7M13.7M28.1M25.6M24.3M12.6M
Property Plant And Equipment Gross233.8M221.6M234.4M268.0M308.2M154.7M
Accumulated Other Comprehensive Income(3.2M)1.5M(2.2M)(5.0M)1.8M1.8M
Intangible Assets8.4M7.8M10.6M18.4M53.4M56.0M
Other Liab16.0M5.8M8.5M6.4M7.3M7.6M
Long Term Debt75.6M44.9M74.8M90.0M103.4M95.7M
Property Plant Equipment233.8M221.6M234.4M268.0M308.2M163.5M
Net Tangible Assets345.1M362.1M415.6M487.3M560.4M395.7M
Retained Earnings Total Equity89.2M97.7M116.9M182.9M164.6M97.1M
Long Term Debt Total25.8M75.6M44.9M74.8M67.3M93.2M
Capital Surpluse248.4M250.6M252.9M254.5M292.6M267.0M
Deferred Long Term Liab2.3M5.0M2.1M2.0M1.8M1.7M

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Additional Information and Resources on Investing in Titan Stock

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:
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 closely tied 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Trading Companies & Distributors space 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
(0.66)
Earnings Share
4.15
Revenue Per Share
125.121
Quarterly Revenue Growth
0.104
Return On Assets
0.0556
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.