Titan Cash vs Intangible Assets Analysis
TWI Stock | USD 11.53 0.02 0.17% |
Titan International financial indicator trend analysis is much more than just breaking down Titan International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Titan International is a good investment. Please check the relationship between Titan International Cash and its Intangible Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.
Cash vs Intangible Assets
Cash vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Titan International Cash account and Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Titan International's Cash and Intangible Assets is 0.27. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Titan International, assuming nothing else is changed. The correlation between historical values of Titan International's Cash and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Titan International are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Cash i.e., Titan International's Cash and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Titan International, which is listed under current asset account on Titan International balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Titan International customers. The amounts must be unrestricted with restricted cash listed in a different Titan International account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.Most indicators from Titan International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Titan International 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 International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.As of now, Titan International's Enterprise Value Over EBITDA is increasing as compared to previous years. The Titan International's current Enterprise Value Multiple is estimated to increase to 6.22, while Selling General Administrative is projected to decrease to under 69.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 32.2M | 29.8M | 18.8M | 22.4M | Depreciation And Amortization | 50.1M | 68.2M | 42.4M | 43.6M |
Titan International fundamental ratios Correlations
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Titan International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Titan International fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.0B | 1.2B | 1.3B | 1.3B | 903.0M | |
Short Long Term Debt Total | 504.6M | 464.7M | 485.0M | 445.6M | 437.3M | 352.7M | |
Other Current Liab | 100.9M | 129.4M | 135.8M | 113.2M | 129.2M | 73.4M | |
Total Current Liabilities | 327.2M | 329.7M | 450.8M | 446.2M | 372.4M | 210.0M | |
Total Stockholder Equity | 234.9M | 179.3M | 229.3M | 381.2M | 467.1M | 287.1M | |
Property Plant And Equipment Net | 398.7M | 344.2M | 322.1M | 305.5M | 333.6M | 299.5M | |
Net Debt | 437.8M | 347.3M | 386.8M | 286.0M | 217.0M | 262.0M | |
Retained Earnings | (74.3M) | (135.0M) | (85.4M) | 90.9M | 169.6M | 178.1M | |
Accounts Payable | 158.6M | 167.2M | 278.1M | 263.4M | 201.2M | 105.7M | |
Cash | 66.8M | 117.4M | 98.1M | 159.6M | 220.3M | 231.3M | |
Non Current Assets Total | 470.0M | 373.3M | 369.4M | 375.0M | 412.5M | 385.7M | |
Non Currrent Assets Other | 9.5M | 8.1M | 15.8M | 16.7M | 26.4M | 31.6M | |
Cash And Short Term Investments | 66.8M | 117.4M | 98.1M | 159.6M | 220.3M | 231.3M | |
Net Receivables | 185.2M | 193.0M | 255.2M | 266.8M | 235.6M | 148.9M | |
Common Stock Shares Outstanding | 60.1M | 60.8M | 62.7M | 63.7M | 63.0M | 44.3M | |
Liabilities And Stockholders Equity | 1.1B | 1.0B | 1.2B | 1.3B | 1.3B | 901.1M | |
Non Current Liabilities Total | 548.2M | 525.9M | 504.7M | 455.3M | 449.5M | 403.6M | |
Inventory | 333.4M | 293.7M | 392.6M | 397.2M | 365.2M | 219.9M | |
Other Current Assets | 58.9M | 54.5M | 67.4M | 86.1M | 31.5M | 46.8M | |
Other Stockholder Equity | 527.8M | 531.5M | 561.2M | 542.1M | 516.5M | 316.6M | |
Total Liab | 875.3M | 855.6M | 955.5M | 901.5M | 821.8M | 613.6M | |
Property Plant And Equipment Gross | 398.7M | 344.2M | 322.1M | 305.5M | 1.1B | 1.1B | |
Total Current Assets | 644.3M | 658.6M | 813.3M | 909.6M | 876.8M | 517.3M | |
Accumulated Other Comprehensive Income | (218.7M) | (217.3M) | (246.5M) | (251.8M) | (219.0M) | (208.1M) | |
Short Term Debt | 61.3M | 31.1M | 32.5M | 30.9M | 21.9M | 30.9M | |
Intangible Assets | 20.6M | 12.8M | 8.2M | 7.1M | 7.3M | 6.9M | |
Other Liab | 62.5M | 67.3M | 52.2M | 34.7M | 39.9M | 59.6M | |
Other Assets | 22.6M | 53.4M | 47.3M | 66.2M | 76.2M | 47.2M | |
Long Term Debt | 443.3M | 433.6M | 452.5M | 414.8M | 409.2M | 384.0M | |
Treasury Stock | (7.8M) | (4.2M) | (1.2M) | (1.1M) | (1.3M) | (1.4M) | |
Common Stock | 6.1K | 6.2K | 6.2K | 6.7K | 6.0K | 5.7K | |
Property Plant Equipment | 374.8M | 319.9M | 322.1M | 305.5M | 351.4M | 344.3M | |
Net Tangible Assets | 259.9M | 204.3M | 229.3M | 379.6M | 341.7M | 328.0M | |
Noncontrolling Interest In Consolidated Entity | (9.0M) | 4.1M | (3.0M) | (2.1M) | (1.9M) | (1.8M) | |
Retained Earnings Total Equity | (29.0M) | (74.3M) | (135.0M) | (85.4M) | (76.9M) | (73.1M) | |
Short Term Investments | 578K | 651K | 1.3M | 1.4M | 1.3M | 1.3M | |
Capital Surpluse | 532.1M | 532.7M | 562.3M | 565.5M | 650.4M | 566.4M | |
Deferred Long Term Liab | 267K | 264K | 141K | 333K | 237.6K | 225.7K | |
Non Current Liabilities Other | 73.1M | 63.4M | 48.3M | 20.8M | 6.7M | 6.3M |
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When determining whether Titan International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Titan International'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 International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Titan International Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in Titan Stock please use our How to Invest in Titan International guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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When running Titan International's price analysis, check to measure Titan International'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 International is operating at the current time. Most of Titan International's value examination focuses on studying past and present price action to predict the probability of Titan International'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 International's price. Additionally, you may evaluate how the addition of Titan International to your portfolios can decrease your overall portfolio volatility.
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Is Titan International'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 International. 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 International 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 (0.55) | Earnings Share 1.25 | Revenue Per Share 29.171 | Quarterly Revenue Growth (0.23) | Return On Assets 0.072 |
The market value of Titan International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Titan International'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 International's market value can be influenced by many factors that don't directly affect Titan International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan International'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.