Titan Machinery
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Titan Machinery's balance sheet done over the years? Its assets were worth $1,992,261,000 last year, which is more than in the previous period. 67% of Titan Machinery’s total assets is currently financed by debt. Its liabilities reached the amount of $1,334,619,000, which means an increase by 105% compared compared to last year.
Debt to Assets
| 2015 | 1349747000 | 971.38M | 71.97% |
|---|---|---|---|
| 2016 | 1047875000 | 709.52M | 67.71% |
| 2017 | 771422000 | 450.24M | 58.37% |
| 2018 | 760308000 | 438.45M | 57.67% |
| 2019 | 792438000 | 457.12M | 57.69% |
| 2020 | 975343000 | 630.23M | 64.62% |
| 2021 | 815789000 | 444.50M | 54.49% |
| 2022 | 946667000 | 511.46M | 54.03% |
| 2023 | 1188695000 | 652.38M | 54.88% |
| 2024 | 1992261000 | 1.33B | 66.99% |
TITN Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 38.06M | 43.91M | 146.14M | 78.99M | 43.72M | 56.74M | 53.39M | 53.15M | 89.46M | 127.52M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 134.26M | 95.84M | 94.28M | 69.10M | 72.77M | 77.5M | 60.84M | 65.46M | 69.56M | 76.54M |
Inventory | 1.30B | 703.93M | 421.75M | 418.45M | 597.39M | 491.09M | 472.46M | 478.26M | 689.46M | 879.44M |
Other current assets | 43.65M | 25.55M | 28.13M | 13.67M | 13.65M | 15.55M | 12.44M | 10.98M | 9.75M | 55.60M |
Total current assets | 1.51B | 869.25M | 690.32M | 580.23M | 727.54M | 640.89M | 599.14M | 607.86M | 858.24M | 1.12B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 353.47M | 267.98M | 234.39M | 221.61M | 233.84M | 138.95M | 151.04M | 156.64M | 183.17M | 208.68M |
Goodwill | 64.10M | 30.62M | 8.95M | 1.43M | 2.32M | 1.16M | 250K | 0 | 0 | 0 |
Intangible assets | 53.35M | 18.41M | 10.62M | 7.78M | 8.36M | 7.24M | 5.19M | 5.00M | 5.13M | 5.45M |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11.13M | -19.02M |
Other non-current assets | 1.78M | 1.17M | 1.04M | 1.09M | 1.11M | 1.17M | 1.45M | 1.35M | 1.31M | 7.12M |
Total non-current assets | 473.24M | 319.44M | 256.33M | 235.55M | 247.79M | 151.54M | 161.16M | 163.55M | 189.63M | 221.26M |
Total assets | 1.99B | 1.18B | 946.66M | 815.78M | 975.34M | 792.43M | 760.30M | 771.42M | 1.04B | 1.34B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 115.85M | 119.84M | 134.14M | 59.41M | 40.96M | 46.40M | 32.32M | 26.36M | 31.15M | 35.09M |
Short term debt | 918.30M | 275.46M | 150.89M | 178.19M | 397.81M | 322.34M | 248.96M | 234.60M | 446.33M | 638.23M |
Total current liabilities | 1.15B | 498.15M | 374.72M | 317.5M | 494.16M | 420.45M | 328.28M | 308.82M | 523.42M | 729.60M |
| Non-current liabilities: | ||||||||||
Long term debt | 148.73M | 138.46M | 130.36M | 118.47M | 126.17M | 25.81M | 97.39M | 126.73M | 172.55M | 196.45M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 10.87M | 6.21M | 4.37M | 8.53M | 7.84M | 5.90M | 10.49M | 5.18M | 2.41M | 6.33M |
Total non-current liabilities | 182.21M | 154.23M | 136.74M | 127.00M | 136.07M | 36.67M | 110.16M | 141.41M | 186.10M | 241.78M |
Total liabilities | 1.33B | 652.38M | 511.46M | 444.50M | 630.23M | 457.12M | 438.45M | 450.24M | 709.52M | 971.38M |
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