Titan Non Current Assets Total vs Total Current Liabilities 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 Non Current Assets Total and its Total Current Liabilities 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.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

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

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Titan International balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Titan International are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Expense32.2M29.8M18.8M22.4M
Depreciation And Amortization50.1M68.2M42.4M43.6M

Titan International fundamental ratios Correlations

0.930.890.80.860.940.740.390.610.640.930.470.630.880.240.880.840.850.880.910.360.960.590.740.65-0.02
0.930.920.840.650.90.90.130.650.530.860.260.550.830.270.940.850.80.930.970.290.90.610.690.68-0.08
0.890.920.870.60.790.760.060.750.540.740.220.550.860.430.860.860.720.940.930.280.920.430.520.56-0.01
0.80.840.870.490.620.780.020.920.340.57-0.020.350.920.580.710.940.680.890.90.180.910.560.330.32-0.16
0.860.650.60.490.830.370.740.280.680.870.740.650.680.050.570.540.710.60.570.450.770.480.690.480.16
0.940.90.790.620.830.740.360.360.580.990.540.590.70.040.890.660.840.780.840.30.820.640.880.79-0.1
0.740.90.760.780.370.74-0.160.640.190.690.040.220.70.280.850.780.710.830.880.10.710.630.630.58-0.39
0.390.130.060.020.740.36-0.16-0.120.730.440.630.690.21-0.370.040.070.230.030.040.650.320.20.210.110.4
0.610.650.750.920.280.360.64-0.120.20.31-0.180.180.830.70.530.920.540.80.760.110.790.240.080.04-0.16
0.640.530.540.340.680.580.190.730.20.610.490.980.46-0.280.490.380.420.430.460.790.60.190.270.430.42
0.930.860.740.570.870.990.690.440.310.610.610.620.68-0.020.860.620.830.730.790.330.80.620.890.79-0.06
0.470.260.22-0.020.740.540.040.63-0.180.490.610.460.29-0.30.290.050.440.210.170.260.320.140.610.460.31
0.630.550.550.350.650.590.220.690.180.980.620.460.43-0.30.520.350.450.420.480.760.580.270.290.470.38
0.880.830.860.920.680.70.70.210.830.460.680.290.430.480.730.930.720.890.880.260.950.50.450.41-0.06
0.240.270.430.580.050.040.28-0.370.7-0.28-0.02-0.3-0.30.480.160.590.190.540.37-0.280.43-0.03-0.03-0.3-0.09
0.880.940.860.710.570.890.850.040.530.490.860.290.520.730.160.750.780.860.950.220.810.520.760.81-0.15
0.840.850.860.940.540.660.780.070.920.380.620.050.350.930.590.750.690.930.90.270.930.390.410.3-0.18
0.850.80.720.680.710.840.710.230.540.420.830.440.450.720.190.780.690.780.790.050.790.510.740.56-0.18
0.880.930.940.890.60.780.830.030.80.430.730.210.420.890.540.860.930.780.940.240.930.40.580.45-0.12
0.910.970.930.90.570.840.880.040.760.460.790.170.480.880.370.950.90.790.940.220.920.580.620.65-0.17
0.360.290.280.180.450.30.10.650.110.790.330.260.760.26-0.280.220.270.050.240.220.350.110.040.10.16
0.960.90.920.910.770.820.710.320.790.60.80.320.580.950.430.810.930.790.930.920.350.50.550.480.01
0.590.610.430.560.480.640.630.20.240.190.620.140.270.5-0.030.520.390.510.40.580.110.50.530.58-0.27
0.740.690.520.330.690.880.630.210.080.270.890.610.290.45-0.030.760.410.740.580.620.040.550.530.76-0.25
0.650.680.560.320.480.790.580.110.040.430.790.460.470.41-0.30.810.30.560.450.650.10.480.580.76-0.08
-0.02-0.08-0.01-0.160.16-0.1-0.390.4-0.160.42-0.060.310.38-0.06-0.09-0.15-0.18-0.18-0.12-0.170.160.01-0.27-0.25-0.08
Click cells to compare fundamentals

Titan International Account Relationship Matchups

Titan International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.0B1.2B1.3B1.3B903.0M
Short Long Term Debt Total504.6M464.7M485.0M445.6M437.3M352.7M
Other Current Liab100.9M129.4M135.8M113.2M129.2M73.4M
Total Current Liabilities327.2M329.7M450.8M446.2M372.4M210.0M
Total Stockholder Equity234.9M179.3M229.3M381.2M467.1M287.1M
Property Plant And Equipment Net398.7M344.2M322.1M305.5M333.6M299.5M
Net Debt437.8M347.3M386.8M286.0M217.0M262.0M
Retained Earnings(74.3M)(135.0M)(85.4M)90.9M169.6M178.1M
Accounts Payable158.6M167.2M278.1M263.4M201.2M105.7M
Cash66.8M117.4M98.1M159.6M220.3M231.3M
Non Current Assets Total470.0M373.3M369.4M375.0M412.5M385.7M
Non Currrent Assets Other9.5M8.1M15.8M16.7M26.4M31.6M
Cash And Short Term Investments66.8M117.4M98.1M159.6M220.3M231.3M
Net Receivables185.2M193.0M255.2M266.8M235.6M148.9M
Common Stock Shares Outstanding60.1M60.8M62.7M63.7M63.0M44.3M
Liabilities And Stockholders Equity1.1B1.0B1.2B1.3B1.3B901.1M
Non Current Liabilities Total548.2M525.9M504.7M455.3M449.5M403.6M
Inventory333.4M293.7M392.6M397.2M365.2M219.9M
Other Current Assets58.9M54.5M67.4M86.1M31.5M46.8M
Other Stockholder Equity527.8M531.5M561.2M542.1M516.5M316.6M
Total Liab875.3M855.6M955.5M901.5M821.8M613.6M
Property Plant And Equipment Gross398.7M344.2M322.1M305.5M1.1B1.1B
Total Current Assets644.3M658.6M813.3M909.6M876.8M517.3M
Accumulated Other Comprehensive Income(218.7M)(217.3M)(246.5M)(251.8M)(219.0M)(208.1M)
Short Term Debt61.3M31.1M32.5M30.9M21.9M30.9M
Intangible Assets20.6M12.8M8.2M7.1M7.3M6.9M
Other Liab62.5M67.3M52.2M34.7M39.9M59.6M
Other Assets22.6M53.4M47.3M66.2M76.2M47.2M
Long Term Debt443.3M433.6M452.5M414.8M409.2M384.0M
Treasury Stock(7.8M)(4.2M)(1.2M)(1.1M)(1.3M)(1.4M)
Common Stock6.1K6.2K6.2K6.7K6.0K5.7K
Property Plant Equipment374.8M319.9M322.1M305.5M351.4M344.3M
Net Tangible Assets259.9M204.3M229.3M379.6M341.7M328.0M
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 Investments578K651K1.3M1.4M1.3M1.3M
Capital Surpluse532.1M532.7M562.3M565.5M650.4M566.4M
Deferred Long Term Liab267K264K141K333K237.6K225.7K
Non Current Liabilities Other73.1M63.4M48.3M20.8M6.7M6.3M

Currently Active Assets on Macroaxis

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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Titan Stock analysis

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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Stocks Directory
Find actively traded stocks across global markets
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
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.